A lucky escape on the National Road
A car overturned after the driver lost control of the vehicle at around 9:00 am on the eastbound side of the National Road at Kalami, […]
Month: July 2015
“Greece has a certain sensitivity to foreign ultimatums and occupations, most notably on the part of Germans”
An interesting piece of Greek history which appeared yesterday in more than 20 sites around the web. From “Debtors’ Prison: The Politics of Austerity Versus […]
Greek state suffered €5 bln losses from illegal loans – from just one bank
eKathimerini — The Greek state suffered damages of around 5 billion euros as a result of the illegal loans provided by the now-defunct Agricultural Bank […]
ABTA: ’Greek holiday bookings up two per cent since last year.’
UK travel association ABTA, who represent travel agents and tour operators all over the world, report that holiday bookings to Greece are in fact up […]
Ferry passenger fares up 10%
ANA-MPA — Ferry companies on Monday announced a 10 percent hike in all ferry fares for passengers, while fares for vehicles are to remain the […]
Greece to pass law preparing the ground for Cyprus style bail in
The Greek government submitted legislation to parliament on Tuesday required by its international lenders to start talks on a multi-billion euro rescue package. Prime Minister […]
Greek banks face full nationalisation
BBC News — Just because the doors of Greek banks are open today, don’t be fooled into thinking they and the Greek economy are anywhere […]
OECD: Greek telecommunications are slow and expensive
eKathimerini — Greek telecom networks have a low operating performance, even though Greeks appear to pay more for their telecom services, a recent survey conducted […]
Greece repays 6.2 billion euros to ECB and IMF
Reuters — Greece repaid the European Central Bank (ECB) on Monday, the bank said, clearing a key obligation worth about 4.2 billion euros with one […]
Greek banks reopen as Merkel urges swift bailout talks
Reuters — Greek banks reopened their branches across the country on Monday after a three-week shutdown,while German Chancellor Angela Merkel called for swift aid talks […]
Europe’s misinformation campaign about Greece continues
In the aftermath of the deal Greece was forced to accept , public opinion in many European countries, including Germany, has forced politicians to defend […]
Greece’s forgotten crisis
IBT — The Greek island of Lesvos is facing a humanitarian crisis with debt-ridden authorities unable to cope with an unprecedented influx of Syrian and […]
How much did Europe know about the Greek economy in 2001?
A lot has been written and more has been said recently on whether Greece has deservedly joined the eurozone or if the Greek membership was […]
A deal nobody likes, setting unreachable targets for Greece
AFP — The third rescue plan for Greece has not even been finalized but already the parties at the center of the deal are raising […]
Cabinet reshuffle announced Friday with rebel ministers replaced
Prime Minister Alexis Tsipras on Friday announced a cabinet reshuffle, replacing ministers that have either resigned or are leaving the government as a result of […]