financial crisis

Nana Mouskouri Changes Tune on Greece Situation in Interview With Austrian Paper

Greek renowned singer Nana Mouskouri gave an interview to Austrian Wiener Zeitung, occasioned by her upcoming concert in Staathalle concert hall in Vienna on Friday, April 27. The anniversary concert celebrates 50 years after the German-speaking CD release of...

Another Greek Man Commits Suicide Due to Austerity Measures

When people read about Dimitris Chrystoulas' suicide outside the Greek Parliament due to the financial crisis, everyone was devastated. Now, another man has taken his life as well. Savvas Metikidis, 45, was a teacher and renowned trade union member. During the...

IMF Managing Director Christine Lagarde Suggests New Measures for Greece

"There is still much work to be done for Greece," announced managing director of the IMF Christine Lagarde. Lagarde answered many questions posed by journalists at a press conference. In regards to Greece, she repeated the well-known phrase of hers "application,...

Greek Ambassador to Canada Talks about Crisis

Canadian newspaper National Post published an interview with Greek Ambassador Eleftherios Aggelopoulos. Titled "After the painful debt restructuring, Greece tries to develop," the Greek diplomat answers questions concerning Greece. Should the memorandum become enforced and new investments become available to...

“I Don’t Pay” Movement in Spain and Portugal Follows in the Steps of Greeks

The countries of the Iberian Peninsula are following in the footsteps of Greece. The Greek movement “I Don’t Pay” has been spreading across Europe, where the impact of the fiscal crisis is mostly felt. The financial crisis is threatening the...

De Morgen: Athens Doesn’t Remind Us of 2004

The Belgian newspaper De Morgen published a reportage from Athens, under the title "Olympic Sorrow." The Belgians stress the fact that every aspect of Athens has fallen into disuse over the past years. "Nothing has been left behind the glory of Athens...

Greeks Are Having Less Sex as a Result of Economic Crisis

Austerity-hit Greeks are having less sex as a result of their country’s economic crisis. Urologists in Athens surveyed six hundred men and women on their bedtime behaviours and found a link between belt-tightening and sex drive. “Financial problems and sexual activity...

Pan-Cypriot Fundraiser for the Poor Students of Greece

A pan-Cypriot fundraiser is planned to take place on February 21, in all private and public schools of the Republic of Cyprus, aiming at financially supporting the poor students of debt-hit Greece. The initiative was introduced Tuesday during the meeting...

Man Sells His Kidney Due To Financial Problems

Shocking as it may seem, it is true: a man from the island of Rodos has posted an advertisement on aggelies.vres.gr website, in which he is selling his kidney due to financial problems. This is not the first incident of...

Series of German Reports Predict Greek Default

A series of German reports are predicting with great certainty the ominous future of debt-riddled Greece. According to most newspapers of wide circulation in Germany, the default scenario threatening the country is about to be realized, and a positive...