Thursday , January 23 2025

Recent News

Finance Minister Counts Civil Servants instead of Sheep

or Count Civil Servants Greek Finance Minister, Giorgos Papakonstantinou, spends surely countless nights without sleep. While millions of insomnia sick around the globe use the traditional method of counting sheep in order to lull themselves to sleep…. Mr. Papakonstantinou has found THE cure against his debt-driven and cash-dry insomnia: He …

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Greek Stock Exchange: "Black Monday"

Shares at the Athens Stock Exchange are traded at the lowest level since 1998! The Index is  down, at 1403,92 units as investors went into a massive sell off. General Index closed at 1.403,92 units losing -5.45% Significants losses for the Banks, – 5.64% Black Friday 04/06 and  Black Monday 07/06 …

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Greece's Bankruptcy, Exit the Eurozone: Where these scenarios come from?

All these Leaks about Greece’s bankruptcy, its Debt restructuring and return to Drahma…. where do they come from? by  Petros Leotsakos – Journalist – bankingnews.gr     Shades of indications but not evidence have started to emerge about who leaks all these  “doomsday scenarios” about  Greece’s bankruptcy and return  of  Drahma. …

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Greek Businessman: Bankruptcy is not the solution!

There is a lot of talk about Restructuring Greece’s Debt , which many Greeks define as ‘official bankruptcy’. A friend of mine, a businessman, posts his opinion… “Bankruptcy of  Greece  is not the solution. In case the country goes bankrupt not only lenders will not touch anything Greek but we are doomed to go bankrupt …

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Weather in Athens: Sunday, 6th June 2010

Weather miserable … so cheer up! partly cloudy sea grey life like this ? OH NO! Better a classical jazzy Summertime I am not going to let  Sunday newspapers’ pathetic news about politicians’ scandals, unpunished corruptors,  free running killers & 40 years of work for – 52% pension to get me down. I …

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Nikos Georgas: Winner "Greece's Got Talent" – Super WOW!

Amazing Voice! youtubed by radiogreece Nikos Georgas, 55, works at a touristic shop in Athens… youtubed by marymiriam21 Nikos Georgas is the Winner of Greece’s Got Talent! Enjoy full version of O Sole mio at 1:50 Greek Song at 4:54 youtubed by zacharias13 Nikos Georgas… the Greek “Susan Boyle” as …

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"Black Friday" at Greek Stock Market – Where are my Blue Chips?

<!– Download the files with the historically adjusted prices of the new ATHEX sector indices. (Period covered 1996 – 2005). –> ↓What happened today at the Greek Stock Market ? Greek Stock Market  experienced a dramatic sharp  plunge today. Athens Stock Exchange is down  -78,63 or  -5,03% at    1.484,9 units Losses of Banks are …

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Greek activists arrived in Athens – also 3 French, 1 American

At 3:10 in the morning the C-130 carrying 31 Greeks, 3 French and one American citizen  landed at Elefsina military airport, near Athens. More than 100 relatives and supporters cheered them and shouted Pro-Palaistinean slogans. Alternate FM D. Droutsas  and two lawmakers  were alo at the airport to meet the …

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Victim of Economic Crisis: Man sets himself on fire in a bank!

  A 50 years old man attempted to set himself on fire inside  a bank branch in downtown Thessaloniki. The man entered the bank at 15:00 and started to threaten he will set himself on fire. Shortly after he poured on himself a flammable liquid and lit the fire. The …

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Radical Pension cuts upset Greeks

Vacation? This was lllaaaast year…. The last vacation you ever had in your life ( photo: Lefkada 2009 ) Greeks experience a new shock, as the lenders – Troika (EE/ECB/IMF) demands a radical decrease in pensions. Pension : only just 48% of the salary after 40 years of work! While Labor Minister Andreas …

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