Tuesday , April 23 2019

Recent News

Troika’s Reforms that Deform the Greek Society

“I am really scr**ed” says Maria. “I have to pay € 2,000 property levy for my home and a similar amount for my holiday home. If you add the income tax, the extra contributions for trade and solidarity, you can imagine how screwed I am ” she says and her voice sounds more and more …

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Was Greek Austerity ….For Fun so far?

Austerity measures imposed to Greeks in the late months were not enough. They were not serious either. Greek Finance Minister Evangelos Venizelos said under the pressure of Greece’s lenders to tight fiscal discipline said yesterday: “The measures must be serious, definitive and concrete.” A semantic interpretation shot in many people’s heads. That …

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Greece at Knife’s Edge – Claims, Rumors & Scenarios

The developments in Greece are dramatic and the tension has been extremely high in the last hours, after Prime Minister George Papandreou decided to cancelhis visit to USA and this in the middle of the road. He was flying Athens-Washington via London and he was in the British capital when he spoke …

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Is Greek PM Rowing to USA? LoL-Photo-Report

Despite official statements confirming that Greek prime Minister George Papandreou cancelled his trip to USA, some Greeks ( mean Greeks, internet users, amateur journalists and dilettante photo reporters) claim that he is on the way to USA; however not with the airplane but with the sea kayak. The favorite sports activity …

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Thessaloniki: Debt-ridden Greek Sets Himself on Fire

A 55-year-old man, desperate to lose his home due to a bank loan set himself on fire in Thessaloniki of Northern Greece on Friday. The man went in front of the bank, poured gasoline on this clothes and set them on fire. Armed with a gasoline jar and a loudspeaker and …

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Upd2: Greek PM Cancels Trip to USA, UN, IMF

Greece Prime Minister George Papandreou cancelled his trip to USA, where he was to attend the UN meeting and would also have talks with IMF-Chief Christine Lagarde. Currently Papandreou is in London and from there he was to fly to Washington DC. Greek media claim the cancellation has been decided after …

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New “Greek Statistics” Scandal on the way?

Remember the Greek Statistics scandal where deficit was trimmed down? Allegedly there is a new scandal with Statistics when the deficit went … up, should we believe Zoi Georganta, board member of the Greek Statistics Authority (ELSTAT). Georganta and some other board members were sacked on Thursday by Finance Minister …

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Guest Post: Greece’s Tax Road to Nowhere…

 How many taxes fall on a single Greek property? According to some more than ten, other claim up to 20. Let me count for you the easy ones. An owner of a single property in Greek territory has to pay 1) Property tax 2) ETAK = something like Cohesive Property …

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Athens: Nice Things to Do on Friday, Sept 16

I’ve been thinking to start today’s posts with something pleasant, because the rest of the news is really crap in terms of economy, austerity, price hikes and public outrage is growing. So we definitely need something to distract us from the tax office orders and our empty wallets. Something nice to …

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Students-Teachers Protest Turned Ugly as “Hoodies” Riot

Students and teachers flocked to downtown Athens to peacefully protest the shortages in primary and secondary education schools. However a group of hooded “youth” (?) mingled with the protesters and soon the area turned into an area full of broken glass and debris. News portals report in fact of a …

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Shocking! Unemployment at 16.3%, 810K Greeks without Job

Unemployment in Greece reached shocking level with 810,821 people without job. According to National Statistics Authority, unemployment increased 36.5%  in comparison with the April-June 2010 period. Without job is 1:3 youth and 1:5 women. Migrants are economically active at 73%, while the Greeks only at 52%. For the first time the jobless …

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TV Millionaire Gets Social Benefits – in Greece, where else?

She has been celebrated for over 15 years as the Queen of the Lifestyle in Greek television. She signed contracts up to 80,000 euro per month. And yet! Eleni Menegaki gets social benefits after the birth of her third child, reported STAR television. For the year 2010 the “Queen” received €3,192 from …

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