Politics
Economy
Protesting Greek Pensioners Occupy Health Ministry
Several dozen pensioners pushed past police and stormed into the Health Ministry in Athens on Sept. 4 to protest the government’s failure to pay doctors and pharmacists for overdue state insurance bills, which has resulted in the elderly being...
Europe
European,Japanese Managers Say Greece Will Quit Eurozone
In a research piece in the German newspaper Süddeutsche Zeitung, a majority of managers in Europe and Japan said they expect Greece to leave the Eurozone despite $325 billion in two bailouts from the ECB-EU-IMF Troika.
Roland Berger, a German...
Economy
Union Says Greek Unemployment Could Reach 29%
Greece's largest labor union has warned that the country's unemployment rate - now at 23.1 percent will reach 29% in 2013 if the government carries out more planned austerity measures that include $14.16 billion in cuts for 2013-14.
"The course...
Africa
Papandreou Visits the Greeks of Cape Town
Former Greek Prime Minister George Papandreou met administration representatives of the Hellenic Community of Cape Town Africa as well as with several Greek members while he was in South Africa to attend the 24th Socialist International Congress, and was...
Economy
Most Germans Αnticipate a Greek Εuro Εxit
According to a Financial Times poll, only a minority of ordinary Germans want Greece to stay in the eurozone. There's not much optimism left that the government in Athens will be push through required reforms.
Only about a quarter of...
Economy
U.S. Companies Readying for Greek Eurozone Exit
While Greek Prime Minister Antonis Samaras’ uneasy coalition government is proceeding to make $14.16 in more cuts demanded by austerity measures to help keep the country from defaulting, American companies are reportedly already preparing for Greece’s exit from the...
Australia
Tony Abbott: “We’ll Help Greeks to Come to Australia to Work”
Australia's opposition leader Tony Abbott said in an interview with Neos Kosmos that he will try hard to help Greeks under the age of 30 seeking a Work and Holiday visa that will let them move to Australia for a year.
Abbott...
Europe
Efstathios Andreou a Candidate in Dutch Elections
Efstathios Andreou will be the first candidate of Greek origin to run in elections in the Netherlands, with his name on the Sept. 12 Parliamentary ballot with the Dutch Christian Democratic Appeal (CDA) party.
Andreeou, 36, was born in Rotterdam,...
Economy
ECB Eyes Greek Myth Symbol for Euro Note Security
As Greece continues to teeter on the brink of bankruptcy and is regarded as unreliable and untrustworthy for lying about its economy and breaking its promises to reform, the European Central Bank (ECB) is reaching into the country’s mythological...
Greece
Greek Conservatives Keep Slight Lead Over Opposition: Poll
Greek Prime Minister Antonis Samaras's conservatives have maintained a slight lead over the main opposition party Syriza, according to an opinion poll published Sunday.
New Democracy, the major partner in the coalition government, enjoyed a 24.8 percent lead over the...
Economy
Many Greek Companies Withhold Workers' Salaries
While Greece's public workers find their pay under siege and set to be cut again because of a new round of austerity measures demanded by international lenders, some 400,000 employees working for private companies were not paid at least...
Economy
Greek Graffiti Artists Transform Athens With Political Bite
Greek graffiti has been vibrant for 30 years, but spiked in 2008 after the shooting death of 15-year-old Alexis Grigoropoulos in the anarchist-artist neighborhood hotbed of Exarchia. Many buildings have been touched by graffiti to make some a statement...
Economy
ILO Sees Big Jump in EU Jobless if Greece Leaves Euro
In an interview given to the Munich-based newspaper Süddeutsche Zeitung, Ekkehard Ernst, a top economist for the Swiss-based International Labour Organization (ILO,) predicted that unemployment in the European Union, particularly the southern countries, would jump markedly if Greece leaves...
Economy
Greek Cabinet Meets to Finalize Deep Budget Cuts
Greek Prime Minister Antonis Samaras’ Cabinet met on Aug. 31 to rubber stamp more than $14.7 billion in cuts demanded by international lenders in return for continued aid, with salaries and pensions again at the top of the list...
Economy
Papandreou: Greece Wouldn't Have Needed A Bailout If It Wasn't For Tax Havens
Former Greece prime minister George Papandreou has said his country might have avoided a bailout if the economy had not been robbed by funds being funneled to tax havens.
Papandreou told the opening of Socialist International's four-yearly conference that $21...