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Tag Archives: debts

Ghost of Christmas Present: PPC cuts power to mother of four

Ignorance? Want? Ugly, mean and greedy little creatures? That was in mid-Victorian England and in Charles Dickens’ A Christmas Carol.  In the novel that has touched millions people ever since it was first published in 1843, ‘the two emaciated children” grow up to be adults, Ignorance as adult man in …

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Gov’t to write off debts of uninsured patients to Greece’s public hospitals

Health Minister Andreas Xanthos announced a legislation in order to facilitate the write off of uninsured patients’ debts to public hospitals and therefore to the tax office. Speaking to Sto Kokkino FM, Xanthos said that there have been confirmed debts amounting 28,000,000 euros for treatment of uninsured patients until 2015. …

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Public Power Company PPC hires an Artistic Director for its choir… #NoWords

Greece’s Public Power Company hired an artistic director for its choir. It sounds like a bad musical the moment the PPC announced to retrieve retrospectively €735 million euros from electricity consumers as  outstanding debt have reached 2.2 billion euros. In a job opening that run from March 24 to April …

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New charges against Sorras: Leader of criminal organization, fraud, money laundering and others

The self-proclaimed billionaire and now fugitive Artemis Sorras has been charged with fraud and running a criminal organization. The office of prosecutor in Athens published a long list of charges against Artemis Sorras and seven of his close associates on Tuesday. The list of charges reportedly contain “half of the …

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Greece writes off debts to state and banks up to €20,000

Greece will write off debts up to 20,000 euro to tax office, insurance funds but also consumer loans and credit cards to the banks. The measure targets the debt relief of allegedly some 35,000 people and the criteria are very strict: absolute poverty, not possession of property, no income at …

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Guardian: “Greece needs debts cancelled and growth” say 35 economists

35 economists say that Greece needs its debts cancelled and growth. In an open letter to the Guardian, the economists from several countries say among others that “the negative impact of austerity policies weaken economies” and have “severe effects to the poorest households.” They urge national governments to support “a …

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