Sep 25

One Third Of Athens Businesses Shuttered (ZeroHedge, Sep 25, 2012):

Two weeks ago we showed the human aspect of the absolute economic collapse in Greece (because depression is too light a word to describe what is happening in this globalist vassal collony) when charting Greek unemployment surging by 1% in one month to 24.4%, and which as of September is likely nearly 30%. What this means in practical tax revenue terms (if the tax collectors were actually doing their job collecting taxes, instead of striking) is that there is nobody generating any economic products and services, and thus no state revenues. Today, Kathimerini confirms this, in a report that almost a third of all business in Athens have now shuttered: “The number of shuttered shops on the capital’s busiest commercial streets, Panepistimiou and Stadiou, also hit a record high in August, reaching 34.7 percent on Panepistimiou and 42 percent on Akadimias, up 14 percent in the last six months.” And so the close loop continues as fewer businesses are around to hire less people, generating less state revenue, encouraging less businesses to open and so on, until the entire country collapses in a heap of worthless debt.More:

Greece’s deep recession has forced almost a third of businesses in the capital’s commercial district to close down as shrinking incomes and frequent strikes drive Athenians away.

Tens of thousands of small businesses, which make up a big chunk of the struggling economy, have shut since Greece secured a 110-billion-euro bailout package in 2010 in exchange for promises of painful austerity measures.

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Jul 20


Εικόνα αρχείου από το Άσυλο Ανιάτων (Φωτογραφία:  Τα Νέα )
Image file from the Hospice (Photo: The News)

Google translation (original article in Greek down below):

Because he had not paid the hike PPC ceased electricity to a building of Hospice (in.gr, July 19, 2012):

Athens

In economic collapse with unpredictable consequences has led the Hospice, blister, because of non-payment of debts of the National Health Service Organization (EOPYY), EUR 3 million, resulting in the observed phenomena yposistismou bedridden patients, shortages of essential drugs and medical supplies. Also, 170 employees are unpaid since March and the most tragic of all, PPC proceeded to interrupt the supply of electricity to the building of the Asylum.

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Dec 06

Clashes have broken out in the Greek capital Athens during a march to commemorate the first anniversary of the police shooting of a teenager, whose death sparked massive riots.

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A policeman on fire in Athens during rioting Photo: getty

riots-athens-2009-12-06
Rioting in Athens Photo: getty

Police fired tear gas at youths throwing rocks and firecrackers in central Athens, as several thousand demonstrators gathered to mark the death of 15-year-old Alexandros Grigoropoulos.

About 3,000 mostly students, anarchists and leftists marched to parliament on Sunday and more protests were expected on Monday. An evening memorial service was planned in the Exarchia district, where the teenager was shot dead.

Athens University rector Christos Kittas was rushed to hospital with an irregular heartbeat and head injuries after protesters broke into the university’s central Athens offices to occupy them, police and media said.

A 55-year-old woman was also injured on central Syntagma Square after being struck by police. Four police officers were also hurt as hand-to-hand combat erupted with small groups of protesters around the square, a police source said.

Concern was heightened by reports that far-left groups and anarchists from other European countries have traveled to Greece to join the protests.

Violence also broke out in Thessaloniki, Greece’s second-largest city, where youths threw petrol bombs at police and smashed the storefront of a Starbucks cafe.

Over 6,000 police were on duty in Athens alone. Another 3,000 were mobilised in Thessaloniki, local police said.

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Aug 23

greece-fires
Fire approaches houses in the suburb of Drafi, on the mount of Penteli, in Greece on Aug. 23, 2009. Photographer: Louisa Gouliamaki/AFP/Getty Images

Aug. 23 (Bloomberg) — Greek firefighters battled a wildfire on the outskirts of the capital Athens that threatened outlying suburbs for a second day, while authorities evacuated hospitals, camping grounds and retirement homes overnight. No casualties were reported.

Strong swirling winds continued to hamper the work of firefighters and aircraft dropping water, Athens Prefect Yannis Sgouras told state NET TV. About 120,000 stremmata (120 square kilometers) have been burned, “a massive ecological catastrophe,” he said.

‘The strength of the winds has increased and the situation remains particularly difficult,” Fire Department spokesman Ioannis Kapakis said in televised statements on NET. From 6:00 a.m. yesterday to 6:00 a.m. today, 83 major fires were reported around the country, with blazes on the islands on Zakynthos, Evia and Skyros among another five considered to be of serious concern, he said.

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