British Airways returns to Crete with a Gatwick – Heraklion route
British Airways returns to Crete this summer after many years of absence. The first flight of the new route will arrive to Heraklion at 1pm […]
Eurozone ministers hurl abuse at Varoufakis
(Bloomberg) Euro-area finance ministers hurled abuse at Greek Finance Minister Yanis Varoufakis behind closed doors as they shut down his bid to find a shortcut […]
Greece struggling under weight of migrant influx
(The Guardian) Figures released by Greek police show arrivals jumping from a total of 11,500 in 2013 to 12,500 for the first three months of […]
What does Europe want from Greece?
European leaders say they want Greece to be a part of Europe but at the same time they do all the can to destabilise the […]
Russia Says Greece May Borrow Using Its Gas-Transit Guarantee
(Bloomberg) Russia’s guarantee to deliver gas for the European market through Greece in five years would help the debt-burdened Greek economy to get new loans, […]
Varoufakis: “The government has to face a new type of coup not with tanks, as in 1967, but through banks”
Greek Finance Minister Yanis Varoufakis called negotiations with “institutions” “debilitating” in a video message, at a meeting to show solidarity to the Greek government and […]
Government hauls in Leonidas Bobolas for unpaid taxes
(The Wall Street Journal) Greek prosecutors arrested the scion of one of Greece’s most powerful families on Wednesday, in line with the left-wing government’s vows […]
Another death on the Cretan highway
A 35 year old man died in a fatal accident shortly after 8 a.m., in Minothiana village, close to Kolimbari, Chania, when a car collided […]
Apokoronas Water works in Kalyves for the next two weeks
Additional works to the sewage and drain network have started on Tuesday in Kalyves, by the Water Services of Apokoronas. The work will last for […]
21 April 1967 – How to avoid a radical left government without the help of the markets and the ECB
48 years ago democracy was abolished in Greece because of American fears that a radical left government would win the general election. Before the elections […]
Greece demands cash from local government as default fears grow
(The Guardian) The Greek government has issued a decree forcing public sector bodies to transfer idle cash reserves to the central bank in a sign […]
“Fatal Journeys:”: The 2014 report that was ignored
“Fatal Journeys:”: The 2014 report that was ignored by Europe as the Mediterranean becomes the worlds deadliest migrant crossing Cartoon: The Cartoon Movement Months before […]
Draghi: Greece crisis could push world economy into uncharted waters
(Associated Press)The ECB head Mario Draghi has said a failure to resolve the Greece crisis may take the situation into “uncharted waters.” International lenders are […]
Varoufakis warns of Grexit contagion
(Reuters) – Greece’s Finance Minister Yanis Varoufakis said in an interview broadcast on Sunday that if Greece were to leave the euro zone, there would […]
Europe ready for Grexit contagion says ECB chief : “Greek threats to unleash mayhem will not give way to leniency”
(The Telegraph) The European Central Bank has warned that a rupture of monetary union and Greek exit from the euro could have dramatic consequences, but […]