German FinMin Statement Exposes Greek PM’s False Promise on Greek Debt

German Finance Minister Wolfgang Schaeuble said on Thursday that Greek Prime Minister Alexis Tsipras has not shifted the burden of austerity away from poorer...

The Collapse of Cyprus Talks

It is much wiser to have no deal at all than a bad deal… Due to Turkey’s intransigence and demands for more control over the...

New Education Ministry Bill Brings Greek Universities Back to 1982

Protection of the university asylum and the participation of students' representatives in the governing bodies of universities and the appointment of Rectorate Councils by...

Anti-Smoking Law in Greece a Lost Cause

Despite the fact that the law against smoking in public places went into effect almost 10 years ago (2008), Greece is not even close...

The Attack Against Papademos was the Second Against a Greek PM in 84 Years

The parcel bomb that exploded inside the car of former Greek prime minister Lucas Papademοs on Thursday was the second against a state leader...

Toxic Loans – Toxic Minds

The damping of toxic loans has finally started in Cyprus. The Bank of Cyprus recently sold 50 corporate toxic loans in an attempt to...

Greek Government Tries to Downplay Yet Another Failure

Until Monday, every monthly Eurogroup since last autumn was branded as "crucial" by the Greek government. Other than crucial, every meeting of the euro...

The Parallel Reality of Greek State Television

If an outsider watched the news on Greek public television, they would think that Greece is already a country on the way to economic...

The Menace of the Med & Cyprus

There is a nasty thorn growing inside the perfumed garden of Europe and releasing its poisonous spores across the Eastern Mediterranean and the Aegean....

Anti-Austerity Government Celebrates Austerity Measures

Alexis Tsipras and his cabinet always find something to celebrate. From unfinished highways and under-equipped hospitals they inaugurate with aplomb worthy of banana republic...

PM Tsipras Insults Greek People’s Intelligence

"When the going gets tough, politicians start lying" would be the appropriate saying for Greek politicians. And that's exactly what Prime Minister Alexis Tsipras...

Extortion in Motoring Fines

The recent announcement that motoring fines in Cyprus are to increase by as much 500% are no less than extortion by a government desperate...

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