No, we will not be using the drachma on Monday. Or maybe not even next month. And the sun will still rise …
Even if Athens does not meet its financial obligations at the end of the month it does not necessarily mean an official default, as the […]
Articles by Yannis X
EU orchestrates panic in savers to put pressure on Greek government before summit
Panicking savers in Greece have withdrawn over €3 billion in deposits from the country’s banks between June 15 and June 18 ahead of the Eurogroup […]
Greece needs a political solution – or, Auf Wiedersehen Herr Schaeuble, and thanks for all the cash
IMF goes home – but only for a while Greece made compromises Syriza gets sympathy but nothing more The wrong sort of economics? Who is […]
Austrian chancellor: I stand by the Greek people
The Austrian Chancellor has issued a strong declaration of solidarity with Greece, hours before meeting Greek prime minister Alexis Tsipras in Athens later today. Werner […]
Park and bike scheme introduced by Chania car park owner
A new imaginative scheme by the manager of a car parking business in Chania is helping his business but also the environment and offers a […]
30 lives lost on the roads of Crete so far this year
Serious road accidents in Crete are on the increase against the trend of a 13% decrease in accidents in the rest of Greece. The number […]
18 June: important date for Greece and Europe
The 18 of June is an important date for Greece. And not only because Greece hopes to clinch a deal with its international lenders at […]
In the cold light of the day Grexit seems a bad option
(Reuters, enikos.gr, +) –German Foreign Minister Frank-Walter Steinmeier said everything must be done to keep Greece in the eurozone. “Don’t underestimate what it would mean […]
Armed robbery in 5 star hotel in Hersonissos
Three hooded men armed with Kalashnikovs burst into the jewellery store of the 5 star Creta Maris hotel in Hersonissos on Friday night. After firing […]
With major differences not so major, IMF departure from talks “wanted to pass messages to both sides”
(Source: Reuters) When the International Monetary Fund announced it had ordered its team home from stalled debt talks with Greece, the gesture of frustration was […]
Varoufakis: Greece’s creditors have turned negotiations into a war
(euractive.com)– Greek Finance Minister Yanis Varoufakis has criticised Greece’s creditors for making “no concessions” and turning the negotiations “into a war”. In an interview with Germany’s Tagesspiegel […]
A toxic cloud covers Athens – fire at recycling plant burns for a fifth day
A large fire broke out at a private recycling factory in the area of Nea Zoi, near Aspropyrgos, northwest of Athens, on Saturday, resulting in […]
Germany’s Schaeuble says no rift with Merkel on Greece
German Finance Minister Wolfgang Schaeuble on Tuesday denied reports that there was a rift between Chancellor Angela Merkel and himself on Greek debt negotiations. “You […]
A 5.4 earthquake in the early hours of the morning felt in most of Crete
The epicentre was 51 km SE of Palaikastron at a depth of 10 KM The area remained active through the night with 10 more tremors […]
Summer downpour causes traffic chaos in Chania
The sudden early summer downpour caused traffic chaos once again both in the town of Chania and the national road between Chania and Kissamos where […]