– they could no longer afford the tax amounting to several hundred euros for smaller cars, to over 1,000 euros for luxury vehicles – only 55,000 new registrations logged in the first nine months of 2013, marking the steepest decline… Read More ›
Ansa Mediterranean
Cyprus: arrest warrant issued for former Central Bank head
27 September, 14:39 (ANSAmed) – NICOSIA, SEPTEMBER 27 – An arrest warrant has been issued against a former Governor of the Central Bank of Cyprus who failed to show up at a court hearing this morning, ad Famagusta Gazette online… Read More ›
Saudi Arabian women activists to get back behind the wheel / They will defy ban on driving October 26
23 September, 17:40 (ANSAmed) – DUBAI – Saudi women will once again be getting behind the wheel in the ultra-conservative, oil-rich kingdom in a month, in an act of defiance against the law that bans them from driving. The… Read More ›
Greece to offer residence permits to foreign investors
19 September, 12:00 (ANSAmed) – ATHENS, SEPTEMBER 19 – Greece’s new favorable regulations on granting residence permits to third-country citizens whose investments are characterized as “strategic” or those who buy property in Greece, the value of which exceeds 250,000 euros,… Read More ›
Turkey: ‘Erdogan not a man of his word’, PKK halts retreat
Turkish government did not respect September 1 deadline 05 September, 18:52 (ANSAmed) – ANKARA, SEPTEMBER 5 – Accusing Turkish Premier Recep Tayyip Erdogan of not honoring his agreements, Kurdistan Workers’ Party (PKK) leader Cemil Bayik announced Thursday that Kurdish rebels… Read More ›
Greece will need 10 years to bring unemployment under 20%
According to a report by the main private sector union, GSEE 02 September, 13:01 (ANSAmed) – ATHENS, SEPTEMBER 2 – It will take at least 20 years for unemployment in Greece to drop below 10%, according to leaked extracts of… Read More ›
Syria: intervention could unleash global war, Vatican warns
Striking Syria would extend the violence, Monsignor Toso says 02 September, 15:50 (ANSAmed) – ROME, SEPTEMBER 2 – ”The way to solve Syria’s problems cannot be an armed intervention. It would not decrease the violence, but rather risks exploding it… Read More ›
Turkey: poll; 35% of Turks say they are “suffering”
23 August, 13:29 (ANSAmed) – ISTANBUL, AUGUST 23 – More than one in three Turks considers themselves “suffering,” while major factors affecting their happiness levels are likely to be economic rather than political, daily Hurriyet reported citing the… Read More ›
Crisis: 72.9% of Spanish under-30s live with their parents
55% youth unemployment, low wages: hard to pay for a house 22 August, 20:24 (ANSAmed) – MADRID – Prolonged recession and record unemployment rates are forcing 72.9% of Spaniards aged under 30 to live with their parents, according… Read More ›
Crisis: Greece; traffic 40% less on country’s highways
Due to expensive tolls and gas, ongoing road projects 29 May, 13:37 (ANSAmed) – ATHENS, MAY 29 – From the beginning of the financial crisis in Greece, traffic on the highways of the country has been reduced by… Read More ›
Athens Mosque will cost Greece 846,000 euros / Even though the an offer from the Turkish government to pay for it was rejected
The government goes ahead with the plans despite economic crisis 11 March, 12:33 Muslims living in Greece perform Eid al-Fitr morning prayers in Athens (ANSAmed) – ATHENS – It will cost the cash-strapped Greek government, which is cutting pay, raising… Read More ›
Crisis: Greece; over 8 in 10 are unable to repay loans
86% in trouble with mortgage and consumer credit payments 27 February, 16:14 A woman carries bags of goods as she enters the metro station at the main Omonia square in Athens, Greece (ANSAmed) – ATHENS, FEBRUARY 27 – At… Read More ›
Greece: 27% unemployed in Nov 2012, new record high
Up from 26.6% in October 14 February, 12:44 A woman knitting caps on a pavement in central Athens [ARCHIVE MATERIAL 20111212 ] (ANSAmed) – ATHENS, 14 FEB – Unemployment levels in Greece reached record new highs in November 2012… Read More ›
Greeks scrabble for food handouts in streets
Free fruit and veg – even the rich are queuing up 07 February, 14:27 People wait in line for a free meal in Athens (archive) (ANSAmed) – ATHENS – When a group of farmers handed out free fruit and… Read More ›
France: 1000+ factories shut down in 2009-2012
Cars, food, pharmaceuticals down, luxury sectors up, Les Echos 05 February, 16:44 (ANSAmed) – PARIS, FEBRUARY 5 – Between 2009-2012, more than 1,000 French factories shut down and over 120,000 jobs were lost in manufacturing alone, Les Echos… Read More ›
Crisis: Greece; Any transaction in excess of 500 euros only be allowed via credit or debit card or by check
Crisis: Greece; cash payments ceiling to drop to 500 euros 31 December, 13:39 (ANSAmed) – ATHENS, DECEMBER 31 – In Greece any transaction in excess of 500 euros will soon only be allowed via credit or debit card… Read More ›
Energy: Egypt still under blackout due to fuel shortage / 15 power stations shut down yesterday, half of country at risk
28 December, 18:37 (ANSAmed) – ROME, DECEMBER 28 – Over 15 power stations have not produced energy since yesterday due to a lack of fuel (diesel, natural gas and mazut), according to the Egyptian Electricity Transmission Company… Read More ›
Crisis: Greek exodus abroad in search of work: 49% of the working population looking to emigrate
21 December, 16:41 (ANSAmed) – ATHENS, DECEMBER 21 – With September unemployment hitting a record 26% high (55.4% among those aged under 25), 49% of Greeks are looking for work abroad, according to a survey released Friday by Adecco employment… Read More ›
Crisis: Greece; jobless rate to hover around 30% by 2014
19 December, 13:18 (ANSAmed) – ATHENS, DECEMBER 19 – Unemployment in Greece will climb to 29.3% in 2013 and 31% in 2014, the German institute of macroeconomic forecasts IfW Kiel predicted on Tuesday. The German institute’s economists, as daily… Read More ›
Egypt: Morsi decree, security powers to military
(ANSAmed) – CAIRO – Egyptian President Mohamed Morsi has charged the armed forces with maintaining security and protecting state institutions until results of a referendum on a draft constitution scheduled on Saturday are announced. The army is also entitled to… Read More ›
Spain: gov’t to abolish long weekends in 2013
Making the work week more efficient by reforming the calendar (ANSAmed) – MADRID, NOVEMBER 2 – By the end of the year, the Spanish government will move some holidays that fall during the workweek to other days in order to… Read More ›
Engineering Evil 