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Greek Air Force recovers crashed Mirage 2000 from a depth of 580m VIDEO

From a depth of 580 meters, teams of the Greek Air Force recovered important parts of a Mirage 2000 that crashed into the sea area between the islands of Skopelos and Euboea. The Mirage 2000 crashed into the sea on May 29 2017. The 28-year-old pilot was rescued with a …

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“The Holocaust Museum will safeguard the historic memory of pain,” says PM Tsipras

The foundation of the Holocaust Museum will contribute to preserve the commemoration of the Holocaust, prime Minister Alexis Tsipras said on Thuersday as he unveiled a plaque for the Museum together Israeli counterpart Benjamin Netanyahu. The prime minister noted that “the establishment of the Museum aims to safeguard and hand …

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IMD Competitiveness report 2017: Greece ranks 57th among 63 countries

How can Greece be competitive when the taxation system changes once a year, liquidity is a rarity, capital controls tie the hands of entrepreneurs and investors and the tedious negotiations with international creditors undermines the atmosphere in the Greek economy? The answer is simple: it can’t. In the Swiss-based International …

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Greek anarchists fight next to Syrian Kurds against the ISIS in Rojava

Greek anarchists fight against jihadists in north Syria together with local Kurdish forces. They reportedly operate in the region of Rojava, a de facto ‘autonomous region’ in Northern Syria, that is also known as Syrian Kurdistan or Western Kurdistan. The Greek anarchist call Rojava an “anarchist land.” According to a …

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US Congressman Barr urges IMF to disengage from the Greek program

Congressman Andy Barr, chairman of Monetary Policy and Trade Subcommittee in the US Congress urged the International Monetary Fund to disengage from the Greek program. The United States are the biggest contributor to the IMF. The Monetary Policy and Trade Subcommittee held a hearing on Thursday May 18 2017 to …

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Police fires teargas at rioters during anti-austerity protest on general strike day

Police fired teargas at rioters during the big anti-austerity protest in downtown Athens on Wednesday. Thousands joined the unions rally on the day of the general strike. People wearing hoods started to throw stones at riot police squads when the big rally of unions and political parties reached the building …

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Monster Midterm Plan 2018-2021 in Greek Parliament, austerity €4.9billion

The omnibus bill and midterm plan for 2018-2021 has been submitted to the Greek Parliament. The relevant parliamentary committees are to examine 941 pages containing measures for fiscal targets and so-called reforms, the mid-term fiscal strategy framework and other provisions, before the plenary will vote it on Thursday, May 18 …

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IMF warns no Greek deal without a ‘credible strategy on debt sustainability’

The International Monetary Fund’s discussions on Greece’s debt are ongoing and no deal has been reached, IMF spokesman William Murray said on Thursday. At the same time, Murray warned that there will be no Greek deal without a credible strategy on the Greek debt and that the Fund will not …

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EU and Frontex spend millions for migrants deportations, when the money…

The EU is spending millions forcibly sending people back to their home countries, when the money could be spent more constructively. According to a probe conducted by Brussels-based European news media outlet EUobserver, the cost of sending people back home can skyrocket to up 90,000 euros for one single case. …

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Greek court blocks Ankara’s new extradition request for 3 Turkish soldiers soldiers

A Greek court on Wednesday blocked a second request by Turkey for the extradition of Turkish soldiers who fled to Greece in July after a failed coup attempt, court officials said, potentially increasing tensions between the traditional foes. The ruling applied to three of eight soldiers who fled. Extradition of …

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Schaeuble sees no Greek deal before primary surplus dispute with IMF solved

Deal or half deal? Success or partial success? The Greek government reported of a deal with creditors on Thursday morning, of a preliminary technical deal and stressed that negotiations on debt relief could start. A few hours later, the German finance ministry forced Greeks back to earth, to an emergency …

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Will EU and German support convince French euroskeptics to vote for Macron?

Ex banker, ex socialist and political outsider Emmanuel Macron won the first round of presidential elections in France on Sunday. French elections results have been perceived with a sign of relief in the European Union. A fine day for Europe and Greece, where creditors are expected to return to Athens …

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Greece’s €3bn loan to boost employment has to wait, says World Bank

The efforts of the Greek government to boost employment through a loan from the World Bank must be put on hold. And there are two reasons for this, reasons that have directly to do with the World Bank. According to exclusive information of daily Naftemporiki,  a standing and inexorable condition before …

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EU Commission unfreezes ERASMUS program for Greece

The European Commission on Thursday gave a green light for the resumption of financing and the signing of contracts for the Erasmus+ youth programme in Greece, the education ministry announced. The programme for Greece had been frozen since 2014, when it was temporarily suspended over fears that the Greek service …

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