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Greek rise in homelessness creates a new poor

Debt crisis forces many on to the streets through bankruptcy and job loss Peter Papadopoulos, an unemployed chef who became homeless last August Peter Papadopoulos, who became homeless last August, has been in a hostel in Athens for the last three months. Photograph: Sean Smith for the Guardian A young man is sitting in the corner of the Klimaka hostel, rocking himself against his knees in a slow repetitive ...

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Fears of far-right rise in crisis-hit Greece

The Associated Press ATHENS, Greece — They descended by the hundreds -- black-shirted, bat-wielding youths chasing down dark-skinned immigrants through the streets of Athens and beating them senseless in an unprecedented show of force by Greece's far-right extremists. In Greece, alarm is rising that the twin crises of financial meltdown and soaring illegal immigration are creating the conditions for a right ...

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Biggest protest in years challenges Netanyahu's government

Tens of thousands of demonstrators have taken to the streets in seven cities across Israel, and their social slogans are rapidly being replaced by calls for the government to step down. Rallies started at 9 pm on Saturday, with the main events held in Tel Aviv, where a large crowd gathered at the “Tahrir Square of Israel”, in front of the Tel Aviv Museum. The demonstrations, during which protesters carried ...

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Municipality cops and riot police evacuated by force the protesters camp at Syntagma Square in Athens, Greece after 60 days.

Municipality cops and riot police evacuated by force the protesters camp at Syntagma Square in Athens, Greece after 60 days. At 04:20, 4 Riot team squads circling each side entered the revolutionary camp. A small team of police officers with a D.I. entered from the lower side. The Riot guards surrounded the protesters while the D.I. stated that the protest and the camp were declared illegal, due to a Greek ...

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Deutsche Bank berät Griechen bei Umschuldung

by www.ftd.de Financial Time Deutschland Deutschlands größtes Geldhaus in einer Dreifachrolle: als Gläubiger, als Ideengeber für die Umschuldung in Person von Josef Ackermann – und nun auch noch als Berater der Griechen. Heikel ist auch die Rolle von BNP Paribas. von Barbara Schäder Frankfurt Die Deutsche Bank wird sich an der geplanten Umschuldung Griechenlands gleich mehrfach beteiligen: Als Gläubiger und ...

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Greek rescue bizarrely increases its debts

By Hugo Dixon The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Listen to the politicians and one might think that Greece’s debts will fall as a result of last week’s provisional rescue by euro zone leaders and private-sector creditors. In fact, they go up. Athens’ borrowings will increase by 31 billion euros under the rescue scheme, according to an analysis by Reuters Bre ...

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Don’t visit Greece!

You have doubtlessly been informed that Greece is bankrupt and had to recourse to the International Monetary Fund (IMF). You might be wondering who are those responsible for Greece’s bankruptcy. If your country was bankrupt, wouldn’t you ask for those responsible to be brought to justice? I guess so. This is what the Greeks ask for as well. However, in Greece there are none responsible for the bankruptcy. N ...

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