The costs and consequences of Greece exiting the Eurozone may well dwarf the financial losses triggered by Greece’s default. The term Jingle mail originated in the great popping of the housing bubble 2008-2011. It refers to defaulting homeowners mailing the…
‘“A terrorist group of well over 40 well-armed people entered Macedonia illegally . . . About two weeks ago, authorities said the group of 40 wearing UCK uniforms attacked a police watchtower in Gosince on […]
‘Russian Deputy Finance Minister Sergei Storchak spoke with Greek PM Alexis Tsipras today, proposed that Greece become 6th member of New Development Bank set up by Brazil, Russia, India, China, South Africa, a Greek govt […]
‘Sources within Athens media and finance told The Slog last night that Bank of Greece Governor Yannis Stournaras will be quitting his post today (Sunday). Alexis Tsipras will ask for his resignation in the light […]
‘The United States, wading into the international efforts to shape Greece’s economic and geopolitical orientation, is pushing the leftist government in Athens to resist Russia’s energy overtures. A State Department envoy in Athens urged Greece […]
‘Greece’s plan to to charge tourists 18 per cent tax on hotels and restaurants in the hope of revitalising its flagging economy has been described as ‘catastrophic’ by tourism chiefs. Tax could rise to 18 […]
‘Greece’s Prime Minister Alexis Tsipras has expressed hope that his cash-strapped country will reach an agreement with the international creditors over its bailout program. Tsipras said in parliament on Friday that Greece’s government “has proved […]
‘Greece has revealed it is to introduce a surcharge for all cashpoint withdrawals and financial transactions in a desperate attempt to prevent citizens withdrawing their money from the country’s beleaguered banks. Ministers hope the controversial […]
‘Panic descended in Athens on Thursday as Greece’s 2 million pensioners were hit with delays to their monthly state stipend. Pensioners raided their accounts and broke into a board meeting, according to reports. The Greek […]
‘Panicking pensioners queued at banks, raided their accounts and broke into a board meeting of the state pension fund as Greece struggled to pay its two million pension recipients. Officials claimed that a “technical hitch” […]
‘There was a brief bout of Greek risk-on euphoria following yesterday’s latest twist in the winding road to the Greek insolvency, in which the Greek finance minister Varoufakis became the latest sacrificial scapegoat to be […]
‘Russian health authorities are conducting audits of suppliers in all three countries, as well as India, Alexey Alexeyenko, the director of Rosselkhoznadzor (the Russian Federal Service for Veterinary and Phytosanitary Surveillance) is quoted as saying. […]
‘With Greece teetering on the edge of insolvency and forced to raid pension and most other public funds, ahead of another month of heavy IMF repayments which has prompted even the ECB to speculate Greece […]
‘Dozens of people linked to Greece’s far-right Golden Dawn party are set to appear in court on charges ranging from running a criminal organization to murder and possession of weapons. Members of the ultra-nationalist party […]
‘Russia denies that it has reached a deal with Greece on a gas pipeline, under which Moscow would provide Athens with an advance payment of up to five billion euros. Kremlin spokesman Dmitry Peskov said […]