What kind of world is this? How is it possible to bury a compelling case such as the transfer of ATE Bank (Agricultural Bank of Greece S.A.) to Sallas? Why does it go unnoticed from all the major newspapers, right-wing and "democratic", the major channels, or even the major news web-sites? Who shuts mouths and how even elementary journalistic "curiosity" disappear from the Greek republic of memoranda? ATE b ...

What can Europe learn from the United States? First, the United States – like Canada, England and China – have central banks that do what central banks outside of Europe were created to do: finance the budget deficit directly. ...

ATHENS, Greece (AP) — Immigrants living in Greece have been targeted in at least 300 violent attacks in the last three months, local anti-racism campaigners said Thursday, calling for better police protection against a surge in hate crimes. Greece, which is suffering a fifth year of recession, is the European Union's busiest transit point for illegal immigration. In Athens, many immigrants live crammed in s ...

Last Friday, around 5 a.m., Greek Riot Police broke the picket lines at the Greek Steelworks, where the workers have been on a long-term heroic strike for 9 months now, raising waves of international solidarity. The strikers present at the factory were beaten and arrested. They have been taken to the Greek Police HQ, where they are still detained, and are expected to be judged in summary proceedings for fla ...

”The Greek economy is truly broken. The circuits of credit are so badly damaged that even efficient, profitable firms have been cut out of the capital markets …. Moreover, the new spending cuts… will give the forces of recession another boost. To cut a long story short, there is no doubt that such loosening up will simply prolong the agonising death of the Greek social economy.” –Yanis Varoufakis, economist ...

New Government Should Act to Prevent, Punish Xenophobic Attacks (Athens) – The Greek authorities are failing to tackle a rising wave of xenophobic violence that has left migrants afraid to walk the streets. The 99-page report, “Hate on the Streets: Xenophobic Violence in Greece” documents the failure of the police and the judiciary to prevent and punish rising attacks on migrants. Despite clear patterns to ...

Workers at Mining Industry factory in Northern Greece vote for and prepare for self-management of their factory – victory to the workers!   greek original   Concerning the struggle at VIOMIHANIKI METALLEYTIKI (Mining Industry) in Thessaloniki The administration of VIOMIHANIKI METALLEYTIKI, a subsidiary of Filkeram-Johnson, has abandoned the factory since May 2011, along with its workers. In respon ...

ATHENS – In a damning report, Amnesty International condemned what it said was repeated instances of regular police brutality against protesters, journalists, innocent bystanders, and beating and torture of immigrants. The group said police violence was more than isolated incidents and said the government has tolerated human rights violations and that police are operating with “persistent immunity,” with fe ...

Austerity has hit Greek universities in many ways: University budgets (excluding salaries) have been slashed by more than 50%, leading to serious problems (lack of heating, lack of funding for basic needs). Funding for adjunct faculty has been reduced by almost 70% leading to hundreds of lay-offs. Several hundred elected faculty members have been waiting, in some cases even for 2 years, for their official a ...

We now have a debt structure that will lead to ructions between the EU, the IMF and a Greece asked to consent to suicide. Is the eurozone crisis ending with a whimper? This view is currently gaining ground for several reasons. First, the European Central Bank has buoyed banks by supplying €1tn-worth of liquidity since last December. Second, Greek debt has been restructured, a new bailout has been agreed, an ...