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ECONOMY

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Tsipras remains optimistic on Greece’s outlook: “Many points of convergence, four points of disagreement”

16th April 2015 Newsroom 0

Greek Prime Minister Alexis Tsipras told Reuters on Thursday he was “firmly optimistic” his government would reach an agreement with its creditors by the end […]

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Value of illicit trade in Greece stands at €3.6 bn a year

14th April 2015 Newsroom 0

Organized crime in Greece generates a little under 3.6 billion euros per year, with contraband products playing a major part, according to a European Commission […]

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IMF has made €2.5 billion profit out of Greece loans

14th April 2015 Newsroom 0

Athens made the latest payment of €462 million to the IMF on Thursday 9 April. Figures released released by the Jubilee Debt Campaign show that […]

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Lagarde: “Greece needs the reforms that have not been implemented in the last few years”

12th April 2015 Newsroom 0

The head of the International Monetary Fund, Christine Lagarde said on an interview with PBS TV that the Greek pension system is not sustainable and […]

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Lagarde welcomes loan payment commitment from Athens

6th April 2015 Newsroom 0

Ms Lagarde said continuing uncertainty over Greece’s ability to repay its debt was not in the country’s interest International Monetary Fund chief Christine Lagarde has […]

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A strange offer of help: Germany to freeze bank accounts of Greeks suspected of tax fraud, but only if Greece gives in to creditors demands

6th April 2015 Yannis X 0

Germany would be willing to freeze the bank accounts of wealthy Greeks suspected of tax fraud, Economics Minister Sigmar Gabriel said in a newspaper interview […]

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Reuters: How a Grexit bill could dig deep into ECB pockets

5th April 2015 Newsroom 0

A Greek departure from the euro could expose the European Central Bank to losses on tens of billions of credit, a hole Germany and other […]

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Open Europe investigates: What happens if Greece does not pay the IMF?

3rd April 2015 Newsroom 0

Greece has to repay loans of 2.4 billion euros in April and another €3.8 bln in May. Left without any sources of external borrowing since […]

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Crisis-ridden Greece hit by tax avoidance through the Netherlands

31st March 2015 Newsroom 0

A new SOMO report reveals that while Greece endures harsh austerity measures imposed by the European Commission, European Central Bank and IMF and supported by […]

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CNN Report “Greece the only villain in euro crisis? Don’t believe it!”

29th March 2015 Newsroom 0

Europe is in the midst of a political and economic crisis that threatens to unravel decades of European integration and derail the world’s recovery from […]

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Greece and Switzerland agree to cooperate against tax evasion

29th March 2015 Newsroom 0

Tax evasion is a hot issue both in Greece and internationally in the wake of the HSBC Swissleaks. As a result, the EU and its […]

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Draghi says ECB didn’t ‘blackmail’ Greece

26th March 2015 Newsroom 0

European Central Bank (ECB) president Mario Draghi has rejected suggestions the bank is blackmailing Greece by making it tougher for its cash-strapped government and banks […]

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Juncker pledges 2bn euros for Greek ‘humanitarian crisis’

21st March 2015 Newsroom 0

The EU has pledged €2bn (£1.45bn; $2.15bn) to ease what it calls Greece’s “humanitarian crisis” – echoing a term used by Greece to describe the […]

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Germans tired of demands from Athens want Greece to leave euro

16th March 2015 Newsroom 0

Berlin cabdriver Jens Mueller says he’s had it with the Greek government and he doesn’t want Germany to send any more of his tax money […]

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Greek defence minister: If Greece leaves euro zone, Spain and Italy would be next – Bild interview

14th March 2015 Newsroom 0

If Greece were to leave the euro zone, Spain and Italy would also end up quitting the common currency bloc, Greek Defense Minister Panos Kammenos […]

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  • Ten year old mystery of the suspicious death of Jean Hanlon in Crete

    Following a UK Channel 5 documentary entitled ‘Murdered in Paradise : The Killing of Jean Hanlon’, new information has emerged which was  enough to lead […]

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  • PFPO’s stray animals meetings with German MEPs and the Authorities in Crete

    PFPO PRESS RELEASE – (repost) Last month MEPs Professor Klaus Buchner, animal activist Stefan Eck and Georgios Chatzimarkakis, who is from Crete, organized a congress […]

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  • Book club in Apokoronas

    NEW BOOK CLUB Kindle/ebook recommended Meets Monthly Read an entertaining, interesting book every month. Members take turns to propose a choice of books. Meet, discuss […]

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  • A new novel on wartime Crete by Phillip Duke, a former apokoronas resident

    A Cretan village confronts the Nazi juggernaut sweeping across Europe. A village matriarch tries to hold her family together…Her grieving son finds a new life […]

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  • A driver’s licence saga

    AN received a letter from a reader about problems with the renewal of a drivers licence. Name and email supplied. ‘Last autumn, the government introduced […]

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