While the economic crisis is still taking its toll on Greece, the capital city of Athens is at the center of the whirlwind. Poverty and unemployment, hunger and homelessness have increased in Greece the last few years bringing new problems with them. A new cheap drug out on the market called shisha or “austerity drug” [...]
Tag Archives | Greek debt crisis
EFSF’s Regling Says Greece Needs Time
With two bailouts and three years of austerity measures failing to right Greece’s faltering economy, Klaus Regling, Chief Executive officer of the European Financial Stability Facility (EFSF) says the country will need more time before reforms work but he didn’t say how much. In an interview with the French newspaper Le Figaro, he also said [...]
Schaeuble Says Greek Debt Out of Control
German Finance Minister Wolfgang Schaeuble has sent a letter to the President of the German Parliament in which he stated that Greek debt will be higher than estimated in a recent Eurozone meeting that agreed to release 44 billion euros, $56.7 billion in new aid. The additional debt burden that Schauble describes in his letter [...]
ECB Mulls Profit Loss to Help Greece
The European Central Bank is considering a plan to give back almost 9 billion euros ($11.52 billion) to Greece from the profits it makes through its holdings of Greek bonds as part of a scheme by international lenders to reduce the country’s debt-to-GDP ratio to 120% by 2020 from nearly 180 percent now, which would [...]
Director Lanthimos Won’t Abandon Greece
Praised Greek filmmaker and theatre director Yiorgos Lanthimos is currently running up and down the streets of London searching for the right scipt that will inspire him for his next movie to come. London has all that is required to give life to a new project and Lanthimos recognized this by moving to the UK [...]
German Hospitals Want Greek Doctors
Hospitals in the most populous state of Germany, North Rhine-Westphalia, have 12,000 vacant doctor positions and their doors wide open to Greek medical students who want to complete their practice there or Greek doctors who simply want to work outside Greece.Now that the economic crisis is threatening young people in Greece more than ever with [...]
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05 / 18 Former Consul Tipaldos Died In Italy
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05 / 18 Papandreou Not Welcome In Edinburgh
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05 / 18 Greek Truck Overturns in West Bulgaria
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05 / 17 Greek NGO Organizes ECOWEEK 2013 in Copenhagen
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05 / 17 Sarakatsani at MuCEM
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08 / 04 Turkish Prime Minister Erdogan Reportedly Claims Olympic Flame is Turkish
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01 / 24 Intercultural Association Macedonia Cuts Vasilopita
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07 / 28 IOC President Jacques Rogge Calls London Home of The Olympics; Forgets Greece
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05 / 03 Skopje: Streets Renamed With Ancient Greek Names
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05 / 22 Philip II of Macedonia Statue in Skopje Defies NATO
