Several refugees were injured after riots broke out at Moria refugee centre on Lesbos island, Tuesday, with refugees setting rubbish cans on fire and throwing stones at police, who in turn responded with tear gas. Reports from inside the centre state that the violence was sparked by authorities striking a minor.
The unrest started in a section of the camp where mostly minors are kept before spreading across the entire space. Columns of black smoke could be seen rising from the camp, prompting a deployment of the fire brigade.
To some gold may not be “money”, but to a group of Greeks it was worth far more than merely pet rocks.
According to Ekathimerini, customs officials at the Greek-Turkish border crossing of Kipoi have confiscated the largest amount of gold that anyone has ever attempted to smuggle out of the country.
The loot was found hidden in a taxi and consisted of 18 bars of unrefined gold, weighing 33.5 kilos, along with four crosses made of oure gold (11.6 grams). The gold was found last Friday during a police check on cars planing to cross the border.
The suspects hid seven gold bars and the four crosses in the car’s passenger armrest while the other 11 bars were concealed in their luggage.Continue reading »
Varoufakis said that Schäuble, Germany’s finance minister and the architect of the deals Greece signed in 2010 and 2012, was “consistent throughout”. “His view was ‘I’m not discussing the program – this was accepted by the previous [Greek] government and we can’t possibly allow an election to change anything.
“So at that point I said ‘Well perhaps we should simply not hold elections anymore for indebted countries’, and there was no answer. The only interpretation I can give [of their view] is, ‘Yes, that would be a good idea, but it would be difficult. So you either sign on the dotted line or you are out.’”
By now, most of you have heard about Wikileaks’ release of internal deliberations between the top two IMF officials in charge of managing the Greek debt crisis – Poul Thomsen, the head of the IMF’s European Department, and Delia Velkouleskou, the IMF Mission Chief for Greece. Continue reading »
Today’s Wikileaks disclosure, in which two IMF officials hinted that the IMF may use a “credit event as a means to pressurize(sic) Greece” as it has been subsequently put by Greek officials, has elicited another round of widespread anger in Athens and could jeopardize the upcoming Greek debt negotiations.
The anger has been made more acute because Greece previously accused Poul Thomsen, one of the IMF staffers caught on the leak, of effectively sabotaging talks in the past when the IMF refused to compromise on Greek pension cuts after the government proposed alternatives with an equivalent fiscal impact.
As such, hoping to ride on the latest wave of populist anger, it was only a matter of time before the country’s prime minister Alexis Tsipras officially responded to the IMF. Continue reading »
Greek politicians wasted no time in seeking a response from the IMF over the leaked transcript released earlier today by Wikileaks suggesting the IMF may threaten to pull out of the country’s bailout as a tactic to force European lenders to more offer debt relief, and which according to the Greek government was “interpreted as revealing an IMF effort to blackmail Athens with a possible credit event to force it to give in on pension cuts which it has rejected.”
According to Reuters, “Greece demanded an explanation from the International Monetary Fund on Saturday after an apparent leaked transcript suggested the IMF may threaten to pull out of the country’s bailout as a tactic to force European lenders to more offer debt relief.”Continue reading »
One of the recurring concerns involving Europe’s seemingly perpetual economic, financial and social crises, is that these have been largely predetermined, “scripted” and deliberate acts.
This is something the former head of the Bank of England admitted one month ago when Mervyn King said that Europe’s economic depression “is the result of “deliberate” policy choices made by EU elites. It is also what AIG Banque strategist Bernard Connolly said back in 2008 when laying out “What Europe Wants”
Over the course of documenting the ECB’s push to phase out the €500 note, we stumbled upon something rather interesting that’s taking place at Greek banks.
Courtesy of a reader, we learned that Piraeus Bank (among others) has begun charging a fee to exchange large denomination bills for small. The charge is listed as 0.15% by the bank and Kathimerini would later report that across the Greek banking sector “exchanging one 500-euro note for smaller bills, [will cost you] 3-5 euros (depending on the bank), while the maximum charge comes to 200-250 euros regardless of the amount a customer wishes to exchange.” Continue reading »
Earlier this month, a reader noticed something rather disturbing. Piraeus Bank seemed to have added a new line item in one of its reports and that new line item appeared to suggest that the bank was set to charge customers for exchanging €500 notes for smaller bills. Sure enough, two weeks later, our suspicions are confirmed.
Hundreds of Migrants have blocked the railway tracks and have made all traffic come to a standstill. The large crowd blocked the path of a freight train going from Greece to Macedonia. Among the protesters were No Borders activists who encouraged migrants to chant “open the border”. An estimated 11,000 migrants wait at the border to get though according to N-TV — although some estimates not put the figure as high as 30,000.
EUROPE’S migrant crisis spiralled out of control yesterday as refugees used a battering ram to try to cross a border.
BATTLE: Hundreds of migrants clashed with police on the Greece Macedonia borderHundreds used a giant steel pole to crash through a wire fence in a desperate attempt to get into Macedonia. Continue reading »
For Greece, Europe’s worsening refugee crisis amounts to an “insult to injury” scenario.
Just six months after Angela Merkel and the Brussels cabal put Athens through round after round of “mental waterboarding” on the way to granting the country a third bailout and preventing Greece from marking a messy exit from the common currency, Alexis Tsipras now finds himself on the front lines of a mass Mid-East migration to Western Europe.
To be sure, it’s not as though those who are (figuratively and literally) washing up on Greece’s shores are keen on settling in the socialist paradise that at times last summer took on the trappings of a Third World country. Rather, Greece is a transit point for those fleeing war to Europe and Athens obviously has limited resources with which to work when it comes to controlling the situation. Greece has been Continue reading »
Greece’s financial crisis, unprecedented in scope, reached a pivotal moment last summer when the Greek people voted overwhelmingly against further austerity programs — ostensibly imposed to help the country pay back enormous debt. Overseeing the matter was Syriza Party Finance Minister Yanis Varoufakis — a staunch opponent of the crippling austerity measures that had effected a stranglehold on the country’s economy.
Greece’s debt to the so-called Troika — the International Monetary Fund, European Commission, and European Central Bank — turned out not to be the true reason for the proposed austerity. As Varoufakis discovered, the Troika actually, if somewhat covertly, intended to decimate Greek organized labor and the country’s modest social safety net. After the Greek populace stunned the world with its ‘no’ vote, Varoufakis sensed the coming accession by Syriza to implement the plans — and he hastily and quietly resigned his post. Continue reading »
On Friday, we got confirmation of what everyone already knew: the Greek economy is still mired in recession. GDP contracted 0.6% in Q4 after shrinking 1.4% in Q3.
We also found out that Greek farmers have most assuredly not calmed down since they parked their tractors in the middle of the street blocking traffic late last month.
Why are the farmers mad, you ask? Well, they’re not particularly enamored with the idea of having their social security contributions tripled and their income tax doubled as part of PM Alexis Tsipras’ push to satisfy creditors in Brussels who, six months after the country’s third bailout program was agreed, aren’t satisfied with the pace of fiscal consolidation. Continue reading »
“We’re surprised that the Europeans should say we should open the borders to Syrians from Aleppo when we’ve been doing that for five years. It is all unfolding, another tsunami. How are we going to cope?”
We, Nikos Anastasiades, President of the Republic of Cyprus, Benjamin Netanyahu, Prime Minister of the State of Israel, and Alexis Tsipras, Prime Minister of the Hellenic Republic, having met in Nicosia today, 28th January 2016, have agreed to strengthen the cooperation between our three countries in order to promote a trilateral partnership in different fields of common interest and to work together towards promoting peace, stability, security and prosperity in the Mediterranean and the wider region.
In light of the underlying challenges and opportunities, and given the fluid and unstable situation in the region, our three countries, which share common democratic values, principles, and interests, have, to this end, agreed on the importance for closer cooperation and a coordinated set of policies. Continue reading »
Germany, Austria, Belgium, Sweden and Denmark will warn today that Greece has six weeks to stop migrants crossing from Turkey or it will be “quarantined” outside the European Union’s borderless Schengen area.
A meeting of European interior ministers will discuss plans for Greece to be sealed off for two years behind a new EU external border in the Balkans. Continue reading »
If one had asked any Greek exactly one year ago, that the full of promises SYRIZA party would come to power to finish off the crisis-stricken Greek economy and drain his personal wealth, with his blessing, he would have called them a lunatic.
Yet, a year later, the SYRIZA-ANEL coalition has legislated measures and reforms that would have made even the most strict neoliberal wince. Pension cuts, tax hikes, taxation of nonexistent incomes, monitoring personal wealth, capital controls, privatizing state properties, home auctions, raising retirement age, are some of the measures and reforms that the self-proclaimed leftist ruling party is forcing on the shoulders of Greek people. Continue reading »
“Since Erdogan is a fair man, and because we’re sure Turkey’s attack on the Russian warplane was completely legitimate, we suppose the Turkish President would have understood if Greece had shot down one of Turkey’s fighters.”
We’re on the road to WW3, as planned by the Illuminati (the Rothschilds and the 12 other elite families), who control all sides, just like in WW2.
And all of this has been predicted (see info down below).
After months of back and forth banter between Ankara and Moscow regarding supposed Russian incursions into Turkish airspace, Erdogan finally “went there” on November 24 when Turkish F-16s shot down a Russian Su-24 near the border with Syria. One of the two pilots was killed.
Although Turkey claimed the (17 second) violation of its airspace was unacceptable and just cause for military engagement, it was just three years prior that Erdogan had decried the downing of a Turkish F-4 phantom in Syria’s airspace.”A short-term border violation can never be a pretext for an attack,” he declared.
But that wasn’t the only hypocrisy apparent in Turkey’s brazen move. According to the University of Thessaly (whose statistics are based on the Greek military’s tally), there were 2,244 violations of Greece’s airspace by Turkish jets in 2014 alone, representing an increase of some 250% from 2013. Here’s a look at the graphic: Continue reading »
Greek authorities have discovered a gargantuan cache of weapons aboard a cargo ship headed to an Islamist controlled area of Libya.
The coastguard said a search of only the first two of the 14 containers carried by the Bolivian vessel Haddad 1 had revealed almost 500,000 rounds of ammunition and 5,000 shotguns, of a type similar to that used by police, with no accompanying documentation. Continue reading »
In June, Greek banks declared a surprise limitation on how much could be withdrawn from an account. At present, the government still limits the cash withdrawals of Greeks.
And, of course, this is just the most recent in a series of events that make up the cash squeeze. In response, Greeks have done what all people do when they cannot get enough currency – they improvise. Continue reading »
Ever since this summer’s dramatic “referendum” farce, and the subsequent hijacking of the Greek banking system by the ECB’s ELA, Greece has officially been a nation without state sovereignty. Europe reminded Greece of just this a few days ago when days after its waved the carrot before Turkey promising billions in aid, and an EU acceptance fast track, it threatened Greece with expulsion from the Schengen customs union (a union which as a subsequent leak revealed will likely be “temporarily” shuttered for as long as two years unless the refugee crisis is brought under control). Continue reading »
When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash “under the mattress” (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 euros, starting in 2016, we assumed this has to be some early April fools joke or a mistake.
After all, this would be merely the first step toward full-blown asset confiscation, conducted so many times by insolvent governments throughout history, once the government cracks down on those who made a “mistake” in their asset declaration form or simply refuse to fill such a declaration, thereby making all their assets eligible for government confiscation.
Six Turkish F16 fighter aircraft violated the airspace of Greece and were there for about an hour. This was announced by the Greek General Staff.
The group crossed the Greek air space between the islands of Lesbos and Chios without providing a flight plan, reports Tass. It happened at 15:01 local time (16:01 Moscow time). Four fighter flew back to Turkey at 15:28, two more – at 15:30.
Violation of Greek border Turkish planes – are not uncommon. This happens on average 1.5 thousands of times a year.
“Money soon became worthless. We returned to an exchange. For a tin can of tushonka (think Soviet spam), you could have a woman. (It is hard to speak of it, but it is true.) Most of the women who sold themselves were desperate mothers.”
Six years of crippling financial crisis have sent Greek students to the streets. However, not for anti-austerity protests but for sex. They allegedly “sell it very cheap,” for the price of “a cheese pie or a sandwich,” thus “offering the lowest prices of the industry across the Continent.”
“Some women just do it for a cheese pie or a sandwich they need to eat because they are hungry,” Gregory Lazos, professor of sociology at Panteion University in Athens told The Timesand spoke about the results of a study he conducted.
Lazos conducted the study among 400 women working on the streets. The study has lasted 3 years. Many of these women were students.
They sell sex for a piece of bread – so to say – “in order to eat or cover basic needs and extra expenses as they have no money,” The Times and Lazos on The Times claim.
“80% of prostitutes in Greece are Greek women aged 17 to 20”.
The price for sex has dramatically decreased from €50 euro for 60 minutes down to “€2 for half an hour.“Continue reading »