Greek stocks are crashing and austerity is tearing the country apart
Business Insider — The benchmark Athens Stock Exchange (ASE) Index fell 7.9% on Monday, according to data from Bloomberg. Additionally, Greek bank stocks lost 24.3%. This was […]
Month: February 2016
Cheap cigarettes are burning a hole on Greece’s finances
Bloomberg — On an unremarkable morning on Stournari street in downtown Athens, just a few blocks away from the epicenter of every riot the city […]
Austria seeks additional funds to cover refugee costs
DW — Austrian Finance Minister Hans Jörg Schelling sent a request to the European Commission for 600 million euros to cover unbudgeted costs associated with […]
Tension on the island of Kos over the location of a ‘hotspot’
Tension broke at a military camp on the island of Kos last week, where Greek authorities are preparing to establish a refugee hot spot. According to […]
Greek farmers to renew blockade at border with Bulgaria
Greek farmers are set to close the Ilinden-Exochi crossing and other checkpoints on the border between Bulgaria and Greece on Monday amid continuing protests over […]
Decades of civil service appointments made on basis of forged degrees
The state’s inability to safeguard itself against civil service employees being appointed on the basis of forged education certificates, even though such violations came to […]
Farmers to continue brief blockades at Aptera
Farmers at Aptera junction made their presence felt this week by briefly blockading the national road twice a day, at 12 noon and at 5:00 […]
First charter flight for 2016 lands in Chania
On Saturday the first charter flight of 2016 landed at Chania Daskalogiannis International airport. It was a Norwegian Air direct flight from Copenhagen carrying 87 […]
Walkers spent night at Rouvas shelter, trapped by snow
The 15 walkers trapped in a mountain shelter in Rouvas Forest, Heraklion spent the night there while the rescue services continued their efforts to clear […]
Cyclist dies after being hit by two cars in Akrotiri
A cyclist died in the early hours of Saturday morning at Akrotiri Chania when he was hit by two cars in quick succession. The cyclist […]
Europe’s refugee story has hardly begun
The Guardian / Paul Mason — The refugee story has hardly begun. There will be, on conservative estimates, another million arriving via Turkey this year […]
Austrian chancellor says refugees rescued near Greece should be sent back to Turkey
TASS — Austria’s Chancellor Werner Faymann suggested sending the Syrian refugees, who were rescued near Greece, back to Turkey. The Austrian media report on Saturday […]
Simon Reeve: “I could happily live in Greece”
Radio Times — Greece has hit the headlines for all the wrong reasons recently but that hasn’t deterred seasoned adventurer Simon Reeve, who’s made it […]
Over 33 million illegal cigarettes seized in Greece
Sigmalive — Over 33 million illegally sold cigarettes were seized in Greece by the European Anti-Fraud Office (OLAF) cooperating with Greek and Cypriot authorities. OLAF’s […]
After Piraeus, Cosco eyes Greece’s trains
China’s Cosco is expected to make an offer for Greece’s rail network after becoming the sole bidder for the country’s largest port, two people familiar […]