Tag Archives: economic crisis

What is a Greek family worth, if mom, dad and kids cannot swim in the sea? Already in the 1980’s Andreas Papandreou* launched the slogan of Greek summer identity: “Swimming for the Common People!” (Τα μπάνια του λαού). A socialist concept for summer where every Greek, especially low-income families, had the right to affordable summer …

Read More »

Pop star Madonna picked up the Greek and the global economic crisis on Thusday night (26. Jul 2012) during her concert at Olympia Hall in Paris. During a break of her program, the pop star talked about “scary moments” experienced by the people across the planet due to the collapse of …

Read More »

 A cry of agony, an appeal for urgent help comes from the island of Rhodes. A chronic-ill pensioner with damaged lungs has been deprived from life-supporting oxygen by the supplier. Emmanuil Taktikopoulos, 92, pensioner from Farmer’s Fund OGA  impeached that the supplier took away the oxygen delivering machine because of OGA-debts to …

Read More »

Unfortunately there would be no celebrations this year to mark the restoration of democracy – due to the economic crisis. The office of Greek President Karolos Papoulias announced on Monday that there will be no celebrations this year to mark the 38th anniversary of the fall of the military dictatorship in 1974. «The event …

Read More »

It was short before 7 o’ clock in the morning when the 75-year-old retired military man took his hunting rifle and left his home in the noble Kifissia suburb of north Athens. He walked some one hundred meters, set the rifle on the asphalt of the peaceful and picturesque street …

Read More »

Greek banks are bleeding as concerned citizens transfer their money abroad to secure them in case of a euro exit and return to drachma. Estimated 100 million to 500 million euro are tranferred from the Greek banks abroad on a daily basis due to citizens worries about the outcome of the economic …

Read More »

Another name is being added to the long list of Greeks crushed by the economic crisis, the nightmare of debts, unemployment and lack of income sources. Alexandros, a 60-year-old man, hanged himself on Wednesday morning at a public park, just a couple of meters away from his home in Nikaia suburb …

Read More »

After an long silence and short before the elections of May 6th, former prime minister George Papandreou decided to make some statements and thus in a local newspaper. In an interview to daily “Peloponnese” Papandreou said that he “apologizes in the name of the whole political world for the cuts in …

Read More »

Leader of Belgian party ALDE,  Guy Verhofstadt has rubbished claims that the economic crisis is “over”.  Speaking in Strasbourg on Wednesday, the Belgian deputy ridiculed recent suggestions by his compatriot, European council president Herman Van Rompuy that Europe’s ailing economy was now over the worst. Verhofstadt’s remarks came on the …

Read More »

Greek police fired tear gas at demonstrators who gathered outside the parliament to commemorate the pensioner pharmacist who committed suicide on Wednesday morning – just a few meters away. Protesters chanted slogans against the government and some of them hurled smoke granades, stones and bitter organges at the riot policemen. They …

Read More »

…and soon they will not be able to pay even for their daily food. According to a survey conducted by the Institute of Small Enterprises (IME/GSEVEE), six out of ten Greek households have difficulties in paying monthly utility bills (electricity, water), taxes and repay bank loans. The survey was conducted among …

Read More »

You see them everywhere. Dogs wandering around without a visible goal in streets and parks, squares and promenades. Running run up and down, left and right. Following an unseen trace. Running distraught and distressed. Hungry and thirsty.  Wearing a blue, a red or a brown collar. The once loved but now abandoned …

Read More »

I had thought we are in the middle of an economic war but things are apparently more serious. Great Britain makes preparations for a military intervention in Europe, should the economic crisis – see: the social unrest – get out of control.  Former Empire and hidden megalomaniac Great Britain will come …

Read More »

A new chapter of a hell 0f austerity is ahead for Greeks as the International Monetary Fund (IMF) recommends new austerity measures. Even if IMF’s point of view is that  Greece has reached its limit in raising taxes,  the proposed spending cuts that it will translate into salaries and pensions decreases …

Read More »

Greece middle classes are deteriorating under the strict austerity. After the social calls of Greece’s new poor, a new social class arises in the streets and squares of Athens: Greece’s new homeless. With an average age at 47 years, 11% of Greece homeless has a university degree, 23.5% a high …

Read More »

That’s the new Health System of Greece: State Hospitals turn away parturient women without job or insurance and small income if they can’t pay in advance the price of  €950 to €1500. According to daily Eleftherotypia, the managements of public hospitals in Athens, Thessaloniki, Rhodes and Rethymnon refused to admit women shortly …

Read More »

 Greece’s lenders  tabled a seven-conditions “manifesto” so that the debt-ridden country will be able to get the €110-billion bailout, the second after May 2010. The Troika consisting of IMF/EU/ECB urges the Greek government to adopt laws that they should have been adopted long ago like the opening of closed professions or …

Read More »

The euro zone looks as if it is about to fall apart and the future perspectives for Greece are anything but rosy. The first of EZ countries to seek financial bailout is trapped in a spiral of debt over debt, while the Greeks are deprived of a descent income. Here …

Read More »

That soldiers enjoy a free meal at the barracks is normal. But that noncommissioned officers join the mess is indeed an issue. As the economic crisis, the strict austerity and the income decreases knock the doors of more and more Greek households, low ranking members of the Greek Armed Forces …

Read More »

The economic crisis breaks more and more families in Greece and state officials report of shocking cases, where parents try to give their children to the protection of social institutions because they can’t feed them. Ethnos newspaper reports that parents seek the prosecutions’ offices in order to be able to have their …

Read More »