Greece to be tied to the Memorandum throughout 2014 despite government optimism; Samaras hopes for more Franco-German support in the New year; the Cycladic islands are sinking; Greece’s most preeminent…
If to err is human, then judging from their track record, Greek politicians are often the most human of us all. But while some mistakes can have rather serious consequences…
“I accepted so many bribes that I can’t remember all of them,” former defense procurement official confesses during marathon testimony that implicates German, Swedish and Russian companies in a web…
Six months after the controversial ERT shutdown, the new public broadcaster is mired in problems and legally dubious practices. Using an unprecedented legal trick, the government attempting to grant immunity…
The troika of lenders to Memorandum countries (the IMF, ECB, and EC) has been criticized in a recent draft report by the European Parliament. Among the problems: overoptimistic forecasts, weak…
90% of troubled homeowners to be protected from home repossessions; EU Parliament report finds troika made grave errors over Greece; Manolis Glezos defies Syriza party line on Golden Dawn; Hedge…
It is not uncommon for police to ticket drivers running through stop signs on the streets of Athens. What is stranger, however, is when the car in question is uninsured,…
Antonis Kandas, a top procurement official during the Akis Tsochatzopoulos era who is already charged with receiving Siemens bribes, is arrested for a second time – this time accused of…
Construction firms and real estate developers are rubbing their hands as the government approves construction of ‘tourist villages’ throughout Greece. Under guise of ‘sustainable development’ Greece is to follow the…
Samaras and Venizelos’s optimism is contradicted by statements from German officials implying that Greece will need another round of bailout loans. Influential German newspaper Frankfurter Allgemeine also sets a harsh…