Shutdown: Bologna airport was shut on Tuesday after a cargo plane was held on the runway and searched for a parcel, believed to be a mail bomb, addressed to Italian Premier Silvio Berlusconi Greek authorities have halted international postal deliveries for 48 hours in the wake of a militant bombing campaign. At least 11 mail bombs were sent to embassies in Athens yesterday, while devices were also... 

Greece is raising cash by selling off an area of state-owned land on Mykonos for luxury tourism. Desperate attempt to repay debts also driven by inability to find funds to develop infrastructure on islands. There’s little that shouts “seriously rich” as much as a little island in the sun to call your own. For Sir Richard Branson it is Neckar in the Caribbean, the billionaire Barclay... 

A German stockbroker in Frankfurt puts a hand to his head as he watches the computer screens today. The German stock market slipped today amid German anger and fears over the European bailout German anger at the 750billion Euro Greek bailout is swelling as world markets slid after initial excitement at the bailout fizzled. The headline on the front page of Germany’s biggest newspaper, Bild, summed... 

Chancellor Angela Merkel was heckled in the German parliament yesterday as she urged MPs to back the country’s €22.4 billion bailout for Greece, insisting that the “future of Europe” rested on the success of the rescue package. Ms Merkel’s cabinet gave the go-ahead for a German contribution to the €110 billion joint European Union and International Monetary Fund bailout... 

Greek special forces chanted harsh anti-Turkish-Albanian slogans during an official military parade in Athens, reports said. Greek special forces chanted harsh anti-Turkish-Albanian slogans during an official military parade in Athens, reports said. According to reports, “racist and Nazi” slogans were chanted against Muslims of Greece: Macedonians, Turks and Albanians at the military parade... 

Street clashes broke out between rioting youths and police in central Athens today as tens of thousands demonstrated during a nationwide strike against the cash-strapped government. Hundreds of masked and hooded youths punched and kicked motorcycle police, knocking several off their bikes, as police responded with volleys of tear gas and stun grenades. The violence spread after the end of the march... 

The man about to break the euro? George Soros is said to be placing large bearish bets against the single currency A secretive group of Wall Street hedge fund bosses are said to be behind a plot to cash in on the decline of the euro. Representatives of George Soros’s investment business were among an all-star line up of Wall Street investors at an ‘ideas dinner’ at a private townhouse... 

Chart (click to enlarge) And so the tragicomic becomes surreal. Yesterday’s news about the departure of the head of the debt management agency, Spyros Papanicolaou, was somewhat of a yawner, until we realized that his replacement would be none other than Petros Christodoulou, who until today was head of Private Banking and Group Treasury at the National Bank of Greece (reporting directly to the... 

Bravo Goldman Sachs. You’ve done it again. As in the U.S. subprime crisis,  this house of ill repute created a deal which helped the Greeks obscure billions in debt from the budget overseers, then charged the Greeks hundreds of millions of Euros for helping them hide the debts.  Classic Goldman Sachs policy, says the great economist Taki, the house of shame having been and being as I write the... 

Greece is a boiling pot ready to explode. Things are going to turn ugly and soon as society here is fed up with illegal immigration and the deconstruction of our founding values. And I dont mean the “orange” riots of December 2008. I mean real riots… Here is how we got to this crisis: After the military dictarorship ended in 1974, the Greek political scene has been dominated by two... 

A majority of Germans want debt-ridden Greece to be thrown out of the euro zone if necessary and more than two-thirds oppose handing Athens billions of euros in credit, a poll published on Sunday showed. Vocal opposition to aid for Greece from members of Chancellor Angela Merkel’s coalition also grew at the weekend with several senior politicians expressing scepticism, especially as Germany’s... 

The Pakistanis gathered every morning, from 07.30 a.m. to approximately 12.30 p.m., in front of their consulate in Athens are a human sea covering a triangle in the very center of the Greek capital, namely an important part of the streets Loukianou-Ypsilantou-Karneadou. The –Greek- people who dwell in that (ex-residential) area have sent several letters of protest to the mayor of Athens and the... 

There have been clashes in the Greek capital Athens between police and left-wing protesters at a rally in support of immigrants. The Greek government wants to introduce tougher measures to tackle immigration, but opposition and left-wing groups say the move will only encourage racism. Source  Read More »

More than 1,000 Muslim migrants and leftists demonstrated in Athens Friday over an alleged police insult to the Koran, a week after two similar protests degenerated into clashes with anti-riot police. The protest was called by leftist and anti-racist groups after a police officer allegedly tore up some sheets of paper with extracts from the Muslim holy book belonging to an Iraqi migrant during an identity... 

'No fotografia' - the snap of a bemulleted Greek copper that landed Charlie Skelton in police custody at Bilderberg. Charlie Skelton is menaced by police with guns (and mirrors on sticks) in his third dispatch from (near) the Bilderberg summit of the global elite. You know your day’s gone badly when it ends with you being shouted at in a Greek police station. It wasn’t meant to...