Greek crisis News
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Athens -
Market stall vendors staging a 24-hour-strike in Greece on Wednesday, set up their stalls in Athens to hand out 20 tons of free food.
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Athens -
In spite of crippling austerity measures, a shrinking economy and reliance on bail-out loans, Greece remains the second-biggest defence spender among the 27 NATO countries.
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As 2013 dawns a new poll shows the majority of Greeks expect this year to be worse than last, as tough new austerity measures and taxes take effect.
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Athens -
Greece's Golden Dawn (Chrysi Avgi) has posted a Christmas video they describe as "A beautiful, romantic and nostalgic video with pictures of old Athens we lost. The old Greek Athens as opposed to modern decline."
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Ministers from the eurozone in conjunction with the IMF have reached an agreement on Greek debt. The arrangement means Greece will receive €34.4 billion by the end of this year, staving off bankruptcy and a Grexit.
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The Troika of Greece's international creditors' failed to reach an agreement on the sustainability of Greek debt, during a 12-hour meeting that ended early Wednesday morning.
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Fuel consumption has declined sharply in Greece as the economic crisis deepens. The increase in international oil prices; the EU embargo on Iranian oil; reduced consumer income; and massive hikes in taxes, have all contributed to declining fuel sales.
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As Parliament voted to approve yet more biting austerity measures on the Greek people, the latest unemployment statistics were published. Unemployment has now reached a record high.
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Former Greek Prime Minister George Papandreou is about to lead the ‘Redesigning Europe’ study group at Harvard, that has organised a lottery to satisfy the high demand to attend the study group.
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Athens -
A leaked e-mail sent to the Greek Labor Ministry by the Troika demands that workers in the private sector work a six-day week.
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