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Tag Archives: collapse

Fotis Kouvelis resigns as leader of Democratic Left (DIMAR)

Leader of Democratic Left Fotis Kouvelis submitted his resignation  just a few days after the European Parliament elections on Sunday that gave the center-left party a thin 1.20%. That is a total collapse for the party that it is claimed to have divided the left right after Greece entered the …

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Employees Build a Wall in Hospital Entrance for Mental-Ill

Employees at Dromokaitio, the Athens  state hospital for mentally ill decided to block the entrance for new patients claiming the hospital was overcrowded and there was no place for new admissions.  With trowel and cement blocks, protesting employees started to build a wall right in the entrance of the hospital. Video: making …

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Roubini: Greek Euro Exit Would Destroy the Euro

Economist Nouriel Roubini, the man who had been pushing Greece to exit the euro area for two consequent years, made a U-turn. “Stop supporting Greece would cause the euro zone to collapse” Roubini said in an interview to German daily BILD. He warned that a Greek exit would also trigger …

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Greek Crisis: Welfare Bodies Close to Bankruptcy

” The financial situation in which Greece’s national insurance bodies find themselves is, to say the least, very serious. The organisations are the victims not only of the serious economic crisis in which Greece finds itself but also of the two-party system that has ruled the country for years and that …

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Cynical BBC-Video: Get Rich with Euro Collapse!

Alessio Rastani claims to be a stock market and a forex trader. A ‘golden’ boy that dreams of the euro collapse just to see his golden dream bubble come true. He spoke to BBC and said things that can only leave you stunned.  The nervous and fevery guy, that reminded me of …

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Summer Sales Before Collapse as Greeks Prefer Window Shopping

Despite the generous offers reaching up to 70%,  the first results for the Summer Sales are disappointed. Consumers’ favorite seem to be rather the window shopping than the real deals. According to estimations of the Greek Association of Retail Sales, chain stores are in turnover decline of 10%-15%, while small stores …

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Five targetted by Cyber-Police on hoax e-mail claiming collapse of economy

 A fisherman from Messolonghi, a car worker from Chania, a self-employed from Athens and two other unidentified persons are targeted by the cyber-crime police as the senders of the hoax e-mail claiming the collapse of the Greek economy. The e-mail that was apparently sent simultaneously from internet cafes across the …

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