Six blue flags for Apokoronas beaches
The Mayor of Apokoronas, Mr Koukianakis raised the blue flags on Monday morning on six beaches, Maistrali, Kalyves, Xida/Almyrida, Kiani Akti, Kavros and Perastikos. Other […]
Month: June 2015
IMF on the hook for Greece
(Reuters) — By its own admission the IMF broke many of its rules in lending to Greece. It ended up endorsing austerity measures proposed by […]
Joseph Stiglitz: a no vote will give Greece a chance to shape its own future
European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power […]
Three road accidents in Chania on Sunday result in two more deaths
Three road accidents in Chania on Sunday cost the lives of two people and left another three injured. A pedestrian, a man in his 50s, […]
The key points of Greek bank controls
Early on Monday morning, the Greek prime minister, Alex Tsipras, published a decree in the official government gazette setting out the capital controls to be […]
ECB maintains emergency funding but doesn’t raise it
It’s official, the European Central Bank has decided to maintain the emergency liquidity support on offer to Greece, but it has also not provided any […]
The Telegraph: There’s method in Greece’s madness – it could pay off
(The Telegraph) — “In the upper reaches of the Euro elite, where leaders are forever driving up to summit meetings in shiny German cars and […]
French Prime Minister Manuel Valls: ECB should keep supporting Greek banks
The European Central Bank’s governing council is to hold an emergency conference call today, to decide whether to continue to give billions of euro to […]
63% of Greeks are not afraid of Grexit
(enikos.gr) — According to a new poll conducted by the site bridgingeurope 63% of the Greek people do not afraid Greece’s exit from the Eurozone […]
Paul Mason: why its likely Greece will vote no
Greek PM Alexis Tsipras has called a referendum on 5 July. This after spending most of the week locked in discussions with creditors, in which […]
Greece will survive, but will the euro or the EU?
(MarketWatch/Darrell Delamaide) — Whatever happens with the bailout talks, the one certain thing is that Greece will survive, in or outside the eurozone. One of […]
Tsipras calls referendum to break bailout deadlock
The news came late last night that Greek prime minister Alexis Tsipras would call a referendum on the bailout accord that international creditors have proposed […]
Creditors draw up emergency measures in case of Greek default
From the Guardian) — Eurozone finance ministers and Greece’s creditors are to draw up emergency measures on Saturday to cope with a default by the […]
Bloomberg: Why it won’t be a default if Greece misses IMF payment
(Bloomberg, enikos.gr) — If Greece fails to pay the $1.7 billion it owes the International Monetary Fund on Tuesday, it might be worse for the […]
Why the IMF’s so hard on Greece
(POLITIKO) — The impact of the International Monetary Fund’s involvement in the Greece bailouts may have had different consequences for the institution’s’ last two managing […]