On the occasion of the shooting down of the Russian Su-24 jet by Turkey, there are quite some people – Greeks and expats living in Greece – wondering what it seems to be the obvious:  why is not there has been downing similar airplane either from Greece or from Turkey …

Greek Finance Ministry announced on 8. July that banks will remain closed until at least midnight on 13 July 2015, that is one day after the EU Summit on Sunday. The Finance Ministry further announced that   * Daily withdrawal from ATM remains at €60. *Pensioners without credit or debit …

Below are the capital controls restrictions and exceptions based on information by the finance Ministry given to the media. The Greek Finance Ministry has not issued yet the detailed “guide” through the capital controls and bank holiday, it is expected to be issued later on the day. This short summary …

Eight hundret seventy five euro. This is the amount German nationals Ludwig Zacaro and partner Nina Lahge handed over to Greeks. That was their share in reparations for the WWII damages caused to Greece by the Nazis in World War II. The money was not just distributed to every Greek …

The World Bank confirms what millions of locals and thousands of expats living here already know: that one would have to be crazy to want to run a business in Greece. The debt-ridden, bureaucracy- and overtaxation-hit country tops the list of World Bank “Doing Business” report that takes under the …

You know, you live in Greece of strict austerity and surreal tax collection, when you can’t get a tax clearance even if your debt is just 0.37 euro. A pensioner in Veroia (Northern Greece) needed two days in the local tax office to meet his debt obligation and get the …

Are you a happy expatriate? Did you move away from your country for a better quality of life, for a career opportunity or just because you loved the scenery of your new home?  i-world Research, the research division of the London based agency, MaxMedia International, has launched three surveys for …

Are you ready? The countdown started for the submission of income tax declaration for earnings during 2012. Or even no earnings. But it’s austerity- and Troika-times. “Greeks will be able to begin filling their income tax returns online later this week,” the finance ministry said on Monday, apparently unaware that …

After the trade-visa-for-property proposal to non-EU citizens, Greece is considering to expand its attractive offers and lure EU citizens to invest in Greece. This time, Athens targets citizens of European Union member-countries and thus aged over 60 or 65 years old. According to in.gr, the Finance Ministry considers to offer …

It looks as if Greece is at risk to go under like Atlantis. British Foreign Secretary William Hague revealed at a television show, that British citizens may have to be evacuated from Greece and urged them to register at the UK consulates. “Officials are updating plans to evacuate British citizens …

Greek Foreign Ministry has opened a telephone hot line for Greeks residing in Japan. As the situation there is getting more and more alarming, the FM has conferred with airlines companies and has reserved airline tickets to facilitate Greeks who wish to repatriate but are unable to make the necessary …

While the majority of Greek expats has been evacuated from Libya there are still 10 Greeks, 20 Greek Cypriots and38 Europeans  enclosed in the dessert at a construction site. Now they have been instructed to move some 50 km into a nearby town with airport big enough for a C-130 …

Three C-130 aircraft have left Athens for Libya this morning in order to evacuate some 300 Greeks living and working in the chaos-driven country. They are expected to land at the airport of Tripoli and Sabha at 12 noon  and return the same day. According to Foreign Ministry estimations 100 …