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 ›
Greece
Greeks’ purchasing power halved
Thursday, 07 February 2013 The purchasing power of Greeks has been halved, shows the survey of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE). According to survey results, 8 out of 10 Greeks have limited their shopping to… Read More ›
Greeks forgo winter heating after jump in fuel tax
Thu, 7 Feb 2013 14:42 GMT Reuters * Tax hike sends heating oil demand plunging 70 pct * Families burn firewood, old furniture to stay warm * Illegal logging on the rise, smog appears over Athens By Karolina Tagaris ATHENS,… 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 ›
Greece: gov’t orders dock workers to get back on the job
After islands were cut off from mainland for the sixth day 05 February, 19:39 Unusual inactivity at Greece’s biggest harbour in Piraeus, as no ship or ferry-boat left Unusual inactivity at Greece’s biggest harbour in Piraeus, as no ship or… Read More ›
Greek protesters seize ministry office
Jan 30, 2013 21:32 Moscow Time Photo: EPA Greek anti-austerity protesters from the PAME group seized Labor Minister Yannis Vroutsis’s office Wednesday after he had voiced plans to introduce tougher pension reforms. Some 40 protesters broke into the building and… Read More ›
Greek economic crisis has cleared the air
25 January 2013 by Michael Marshall Magazine issue 2901. Subscribe and save EVEN the darkest cloud may have a silver lining. The sharp drop in air pollution that accompanied Greece’s economic crisis could be a boon to the nation’s health…. Read More ›
Immigration: Italy summarily returning unaccompanied kids
Violating children asylum seekers’ rights, HRW report 22 January, 17:44 (ANSAmed) – ROME, JANUARY 22 – Italy is summarily returning unaccompanied migrant children and adult asylum seekers to Greece, where they face a dysfunctional… Read More ›
Greece’s blowout sale : Police, Airports, Beaches, Islands, Water, Sewage All for Sale at Basement prices
Nikolia Apostolou and Marina RigouJanuary 18, 2013 06:00 Some say privatization may prove to be the Greek government’s best option, but who will pay the price? ATHENS, Greece — Straddled with mammoth debts, the government has begun one of the… Read More ›
Middle-class Greeks to fork out over 40% of annual salary in tax: ” in order to qualify Greece for more bailouts”
Published: 12 January, 2013, 17:20 Edited: 12 January, 2013, 18:31 Athens passed new tax increases to boost revenue by US$3 billion to keep in line with previous commitments to creditors. The new measures limit family benefits and force the middle… 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 ›
Greek ex-finance minister expelled from party for nepotism
Dec 29, 2012 07:00 Moscow Time George Papaconstantinou Photo: AFP Former Greek Finance Minister George Papaconstantinou, under whose guidance the country went de facto bankrupt and was forced to seek EU and IMF loans, has been expelled from his… 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 ›
Crisis: Greece; State company wages to be cut by 25%
18 December, 14:36 (ANSAmed) – ATHENS, DECEMBER 18 – As of January 1, none of some 120,000 civil servants working at public enterprises, known as DEKOs, will earn more than 2,200 euros per month due to a new pay structure… Read More ›
Eurozone unemployment hits record high of 11.7pc
Recession in the eurozone forced a further 173,000 people out of work during October and pushed the unemployment rate to a record high of 11.7pc. By Matthew Sparkes 2:09PM GMT 30 Nov 2012 Almost 26m people across Europe are now… Read More ›
Man arrested in Athens over ID theft of most of Greek population
Reuters – Tue, Nov 20, 2012 ATHENS (Reuters) – Greek police have arrested a man on suspicion of stealing the personal data of roughly two thirds of the country’s population, police officials in Athens said on Tuesday. The 35-year… Read More ›
Greece Cancels Christmas as Austerity Measure
Greece votes to cancel Christmas, along with all other paid holidays for public servants—but European financial leaders say its austerity triage might be too little, too late. by Barbie Latza Nadeau | November 8, 2012 1:57 PM EST Just… Read More ›
RT: Greece can easily slide into Civil War
Thursday, 08 November 2012 Greece risks sliding into a civil war, unless officials in Athens follow Iceland’s example and default on the country’s loans, journalist Charlie McGrath told RT. Charlie McGrath from Wide Awake News says Greece needs to admit… Read More ›
Crisis: Greece;unemployment hits 25.4% in August, new record
(ANSAmed) – ATHENS, NOVEMBER 8 – Greece’s jobless rate rose for a 39th consecutive month to a new record of 25.4% in August, more than double the euro zone average, Kathomerini online reports quoting Greece’s statistics service ELSTAT…. Read More ›
Recent Footage Greek Riots
Violence erupts at Greek anti-cuts protest
Violent scenes outside Athens parliament as tens of thousands hold austerity protest
• Petrol bombs and teargas at Syntagma • Heavy selloff as Dow falls 345 points after Obama victory Graeme Wearden guardian.co.uk, Wednesday 7 November 2012 14.14 EST Protesters hold a banner reading “Let the capitalists pay for the crisis” during… Read More ›
Ahead of key votes, Greek PM warns of euro exit
04Nov2012 ATHENS (AFP) Greek Prime Minister Antonis Samaras warned again Sunday that the debt-crippled country could be forced out of the euro if parliament fails to approve a new round of austerity measures needed for a lifeline from creditors. “We… Read More ›
Germans stop shipment of life-saving cancer drug to Greece as Euro crisis deepens
By Daily Mail Reporter PUBLISHED:08:24 EST, 3 November 2012| UPDATED:08:26 EST, 3 November 2012 Life-saver: Erbirux is given intravenously and has been proven to be effective on various types of cancer The spiralling decline of the Greek economy took… Read More ›
Greek publisher cleared of breaking the law by printing alleged list of Swiss bank depositors
Published November 01, 2012 | Associated Press ATHENS, Greece – A magazine publisher was acquitted on Thursday of breaching privacy laws by printing a list allegedly naming Greeks with bank accounts in Switzerland. The list has touched off… Read More ›
Greek Journalists Arrested for Exposing How Bad Economy Is
Thursday, 01 November 2012 Another Greek journalist was arrested after threatening to expose damaging information about the country’s economy. This move comes in amid public protests against government media censorship following two high-profile cases. Facing public discontent and mass protests,… Read More ›
Crisis: Pensions measures unconstitutional, Greek court
01 November, 17:53 (Refile with correct slug) (ANSAmed) – ATHENS, NOVEMBER 1 – Greece’s Supreme Court of Audit ruled that austerity measures that include cut to pensions and an increase in the retirement age are unconstitutional, state-run Athens News Agency… Read More ›
Greek death spiral raises heat for German-bloc creditors: Public debt will reach 189pc of GDP
Greece’s debt-load is rising much faster than expected as the country spirals into a sixth year of depression, ratcheting up the pressure on Germany and Europe’s creditor states to accept debt-forgiveness for the first time. Greek trade unions have called… Read More ›
Journalist’s arrest spreads fear in debt-stricken Greece
Critics say prosecution over a list of Swiss bank account holders reflects deeper erosion of individual freedoms. Barry NeildOctober 31, 2012 08:23 Some believe Kostas Vaxevanis’s arrest will hurt Greece’s reputation in the eyes of its international creditors. (Costas Metaxakis/AFP/Getty… Read More ›
Greek state television journalists accused the government of censorship and began a series of work stoppages
Greek journalists strike over suspension of presenters By Renee MaltezouPosted 2012/10/30 at 8:56 am EDT ATHENS, Oct. 30, 2012 (Reuters) — Greek state television journalists accused the government of censorship and began a series of work stoppages on Tuesday after… Read More ›
Alleged Leaked Finance Ministers Passwords and Possible Links Troika Documents
Engineering Evil: There is no way to validate this information. Download Documents at your own risk (HIGH RISK)….. As far as I am concerned, without first hand validation this is only entertainment, and has historical newsworthy value. Linked from: Anonymous Hackers… Read More ›
Crisis: Greece; Anonymous attacks Finance ministry: Many classified documents and information leaked
29 October, 17:16 (ANSAmed) – ATHENS, OCTOBER 29 – A cyber-attack on the servers of Greek Finance Ministry has leaked classified documents and information online, just a few days before the Greek Parliament votes on another austerity bill. The attack,… Read More ›
Greek magazine editor arrested on live radio for publishing the names of 2,000 wealthy ‘tax evaders’… all with Swiss bank accounts
Kostas Vaxevanis, editor of Hot Docs, was giving a radio interview in Athens when officers stormed into the studio saying he had to go ‘to be arrested’ Today, as he appeared in court, Greek daily Ta Nea reprinted the list… Read More ›
Lagarde-List Leaked: HOT DOC Publishes 2,059 Names from Stolen HSBC-List
Link to the : The “Lagarde List” Just the names Posted by keeptalkinggreece in Politics Monthly magazine HOT DOC managed the impossible: To get what it seems to be the content of the long-missing and infamous Lagarde-list containing the names… Read More ›
List of Swiss Accounts Turns Up the Heat in Greece
Update: The ” Lagarde List ” Linked Here October 27, 2012 By RACHEL DONADIO and LIZ ALDERMAN ATHENS — The speaker of the Greek Parliament, several employees of the Finance Ministry and a number of business leaders are on a… Read More ›
Greek editor’s arrest sought over list with Swiss accounts
Posted 2012/10/27 at 7:47 pm EDT ATHENS, Oct. 27, 2012 (Reuters) — Greek police are seeking to arrest the editor of a weekly magazine for publishing a list of more than 2,000 names of wealthy Greeks who have placed money… Read More ›
French Bank sells Greek Bank for 1 Euro
Thursday, 18 October 2012 Credit Agricole, France’s third largest bank, is exiting the Greek market after agreeing to sell Emporiki Bank to Alpha Bank for symbolic sum of just 1 euro. The deal marks the… Read More ›
Alarm at Greek police ‘collusion’ with far-right Golden Dawn : MP Ilias Panagiotaros: “We are in civil war”
17 October 2012 Last updated at 12:02 ET Article written by Paul Mason Economics editor, Newsnight Golden Dawn MP Ilias Panagiotaros: “We are in civil war” Greece’s far-right party, Golden Dawn, won 18 parliamentary seats in the June election… Read More ›
General strike to shut down services in Greece: 70% of it is caught between poverty and destitution
Updated: 07:40, Thursday, 18 October 2012 Unions in Greece are holding another general strike against the country’s austerity program, as European leaders gather for a summit in Brussels. Greek journalists and media workers staged a strike yesterday Today’s strike is… Read More ›
Stiglitz: Greece and Spain are ‘in depression’ : Blaming it on tough austerity measures
By Agence France-Presse Wednesday, October 17, 2012 16:17 EDT Topics: international monetary fund ♦ joseph stiglitz ♦ spain Greece and Spain are in “depression, not recession”, Nobel prize-winning economist Joseph Stiglitz said on Wednesday, blaming tough austerity measures for their… Read More ›
Life not improving for Europeans, says survey: 54 percent, are “struggling” and 10 percent are “suffering.”
Posted By Betsi Fores On 2:06 PM 10/15/2012 @ 2:06 PM In Daily Caller News Foundation,World The Nobel Peace Prize-winning European Union does not receive such rave reviews from its own residents, according to a new Gallup polls. “As the… Read More ›
Business defections hit Greece amid recovery effort
14Oct2012 ATHENS (AFP) Efforts to restore investor confidence in Greece’s struggling economy took a double blow this week when a major European bottler and a prominent dairy company announced relocation plans. Coca-Cola’s second biggest bottler worldwide, Athens-based… Read More ›
Euroland’s debt strategy is an economic and moral disgrace
The International Monetary Fund has demolished the intellectual foundations of Europe’s debt crisis strategy. A demonstration against austerity measures near the Spanish Parliament. Photo: AP By Ambrose Evans-Pritchard 4:52PM BST 14 Oct 2012 Drastic fiscal tightening in a string… Read More ›
Greek unemployment rate hits 25.1 percent in July as recession heads for sixth year
By Associated Press, Published: October 11 ATHENS, Greece — Unemployment in Greece hit a record high of 25.1 percent in July as the country’s financial crisis continues to exact its heavy toll, official figures showed Thursday. All indications are that… Read More ›
Greece’s Biggest Company Quits Country
Friday, 12 October 2012 Greece’s biggest company is leaving the country, drinks bottler Coca Cola Hellenic (CCH) said on Thursday in announcing it will move to Switzerland and list its shares in London, dealing a blow to the debt-crippled Greek… Read More ›
Debt crisis: ECB board member shuts door on Greek pleas for leniency: it would be illegal and “illogical”
Greece cannot have more time to repay its debt to the European Central Bank because it would be illegal and “illogical”, board member Joerg Asmussen has said, as he shut the door on pleas for leniency from the bank. Last… Read More ›
Greek crisis is ‘like the Weimar Republic’
Greece is plunging into an economic and social crisis as desperate as Germany under the Weimar Republic, the Greek prime minister, Antonis Samaras, has warned in an emotional appeal for leniency. Greece is plunging into an economic crisis as desperate… Read More ›
Archaeologists return to ancient Greek ‘computer’ wreck site: official
By Agence France-Presse Friday, October 5, 2012 9:19 EDT Topics: ancient Greek ♦ Antikythera ♦ Antikythera mechanism A new search has begun at a Greek island where an ancient device known as the world’s “oldest computer” was found over a… Read More ›
Athens profits from “Samardziev” case, questions EU Report
Thursday, 04 October 2012 Official Athens didn’t waste a moment to confirm what MINA’s Gorazd Velkovski stated on Monday, that the “Samardziev Case” had the Stamp of the Greek Secret Service from day one. Namely, Greece’s MEP in Brussels Yorgos… Read More ›
Greek shipyard workers clash with police, storm Defense Ministry complex
About 250 shipyard workers stormed the Greek Defense Ministry in Athens on Thursday, demanding to be paid their wages and calling for an audience with the Greek Defense Minister. The shipyard workers were from the Hellenic Skarmangas shipyard. Furious over… Read More ›