Tag Archives | financial crisis

BBC Visits Zakynthos Finding Empty Hotels and Islanders in Despair

The world-class British network BBC reports that Greek tourism is at an ominous state in light of the coming summer season. A BBC journalist traveled to Zakynthos to write a rather disappointing article about Greece’s once highly successful industry. According to the article, British tourist mobility has dropped by 20%, while German by 50% due [...]

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 Nana Mouskouri’s ”White Rose from Athens.” The Austrian journalist embellished his article with many references to the Greek [...]

“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 quality of life of another proud nation – Spain. The austerity measures are pushing people [...]

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 2004,” mentions the Belgian newspaper, adding that “this country collapses under the pressure of the [...]

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 PSI outcome is deemed as highly doubtful. In its report, entitled “The Greek debt in danger”, [...]

Greek Spiros Limneos Tunes “London Occupy Movement”

Behind all impressively mass protests in London beats a Greek heart… the one of Spiros Limneos, who has been at the frontline from the very first moment organizing and spreading the message of Occupy London Movement around the globe. “I was keeping up with the financial developments of Greece and UK and like many others [...]