Greek Defense Minister Panos Kammenos contradicted Us President Donald Trump about the cost for the upgrade of F-16. He clarified that the 2.4 billion USD – as Trump claimed – are not for the upgrade of F-16 only. Η οροφή για την αναβάθμιση των F-16 από τον προϋπολογισμό είναι 1,1δις …
Read More »
New section opened in Ionian Highway drastically reduces time for motorists
The newly opened 27-km section of the Ionian highway between the Amphilochia junction and the Arta ring road drastically reduces the time motorists need to reach the city of Ioannina in Epirus, North-Western Greece. Athens – Ioannina in 3 hours and 30 minutes at an average speed of 120km/h Antirio …
Read More »
Greek businessman agrees to POS only if he gets share from bank revenues
An entrepreneur in Kalamata submitted an extrajudicial statement to his local tax office, saying he would agree to install a POS device in his business only if he earns a share from the bank revenues. The statement was filed just hours before the finance ministry deadline for the mandatory installation …
Read More »
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. …
Read More »
The transfer of Holy Light divides Greece’s coalition government
It was first SYRIZA lawmaker Makis Balaouras, who claimed the Holy Light was a “pagan residue”. A couple of days later, the parliamentary spokeswoman of SYRIZA, Foteini Vaki described the Holy Fire as a “fake miracle.” The debate about the transfer of the Holy Light from Jerusalem and the official …
Read More »
Greece completes transfer of 14 regional airports to Fraport
Greece has formally completed the transfer of 14 regional airports to a consortium led by Germany’s Fraport AG, in a privatization that is a key element of the country’s bailout program. The Greek state privatization agency says that under the deal signed Tuesday the consortium has paid a 1.23 billion-euro …
Read More »
Tempi Tunnels make it possible: Athens-Thessaloniki in 4 hours (picts, videos)
The inauguration ceremony of the Tempi Tunnels had everything a Greek soul wishes: a religious blessing, the National Anthem, a wreath at the monument dedicated to National Resistance near by, a speech by the Prime Minister and an EU Commissioner. The three tunnels are at Tempi Valley and Maliakos-Klidi section …
Read More »
Greece, Cyprus, Italy and Israel sign East Med Gas Pipeline project
Energy ministers from Greece, Cyprus, Italy and Israel signed an agreement on natural gas pipeline in Tel Aviv on Monday. The proposed 2,000 kilometer subsea pipeline would connect gas fields offshore of Israel and Cyprus with Greece and possibly Italy. Aiming to transform the Eastern Mediterranean into a regional energy …
Read More »
Energy cost for Greece’s households increased by 157% in last ten years
The cost for energy has not increased during the last year. Greek Public Power Company (PPC/DEH) did not dare to increase the price for electricity consumption amid the deep economic crisis in the country. However, electricity bills have turned unpayable for thousands of households due to the additional fees and …
Read More »
EU Commission reveals 5-billion-euro European Defense Fund
The European Commission is planning to propose the creation of a fund for military procurement and research, as part of wider plans for an EU defence union. The proposal, due out in Brussels on Wednesday (30 November) and seen by the Reuters news agency, says member states should pool money …
Read More »
New “poll tax” for property owners: 400 euro for Property ID Certificate, to renew every 7 years
Endless need of money, endless brilliant ideas… Owners of private or commercial property will need a new certificate, a so-called “Property Identity Certificate.” And it will cost them at least 400 euro every five to seven years, as it will have to be renewed. According to daily Eleftheros Typos, this …
Read More »
UPD Germany to send 3,000 refugees back to Greece
I thought, EU members states were supposed to take 6,000 refugees per month from Greece – according to some forgotten EU Deal signed the European Commission and the EU member states. Reality teaches us, the deal will work the other way around. Member states will send refugees back to …Greece. …
Read More »
Greek Parliament approves the Mosque construction in Athens
With a large majority of votes, the plenary of the Greek Parliament approved the provision to accelerate construction procedures for the mosque in Votanikos area of Athens. In a roll-call, in favor of the procedure voted 206 MPs from ruling party SYRIZA and opposition parties New Democracy, Communist KKE, To …
Read More »
ESM Regling: “Varoufakis cost Greece 100 billion euro”
Head of the European Stability Mechanism Klaus Regling said that the cost for Greece for having Yanis Varoufakis as Finance Minister was 100 billion euro. In an interview to private Skai TV, Regling said that he estimates the cost for Greece to be 100 billion euro, “although there was no …
Read More »
Two young migrants attempt suicide in downtown Athens
A strange story: two young men from Pakistan, migrants attempted to ‘commit suicide’ in the middle Victoria Square in downtown Athens on Thursday noon. The two men had made loops from blouses and scarves and attempted to hang themselves from the trees on the square. Refugees and migrants hanging around …
Read More »
Greece and Russia sign Memorandum on Turkish Stream pipeline
All good on the Eastern Front. Greece and Russia signed a memorandum of cooperation on the Turkish Stream gas pipeline, Prime Minister Alexis Tsipras is going to meet President Vladimir Putin in the afternoon. The Greek delegation officially attends the Saint Petersburg International Economic Forum. Friday morning, Russia and Greece …
Read More »
Thessaloniki: 6 uninsured Kidney patients have died, 18 wandering like ghosts from hospital to hospital for dialysis
A shocking revelation: Six uninsured kidney patients have died since 2011 in the broader area of Thessaloniki, Northern Greece and another 18 without insurance are struggling to undergo their 3-times weekly dialysis in the public hospitals. The harsh austerity measures of the Troika-years in the health care sector is to …
Read More »
Greece’s Easter: Atheist Union slams expense of flying in the “Holy Light” from Jerusalem
The Greek Atheists’ Union slams the expense of flying the “Holy Light” from Jerusalem to Athens at Easter. In a letter to all ministers in charge – finance, foreign, defense and religion – the Union questions the necessity to bring the Holy Light to Greece at a time of economic …
Read More »
German economists: Greek debt haircut cheaper than Grexit … for Germany
Less than three weeks before elections in Greece and nervousness rises among the country’s lenders as SYRIZA’s chances for a victory remain high and the left-wing party favors a debt haircut. The Grexit scenarios have grown wild as billions of euros in loans are at stake. Leading role in the …
Read More »
Open Letter to Merkel: What Greeks Really Want from You…
Dear Angela, Liebe Angie, all your bags are packed, you’re ready to go… ready to leave Berlin on a jet plane and land to Athens, Greece. You are a brave woman, liebe Angie, to come to a country where the majority of the people have no warm feelings towards you. …
Read More »