Euro Falls to 9 year Low, amidst Greece uncertainty over exit from EU


Euro falls to its Lowest level in 6 YearsJNN 16 Jan 2015 Brussels : The euro fell to $1.1861, its weakest level since 2006 on the back of uncertainty over Greece’s position within the single currency. A strong dollar and expectations that the European Central Bank will beef up its stimulus program have also not helped. Continue reading

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As the Greece jobless rate Hit 30%, Citizens bound to put Kids in Orphanages


Unemployement in GreeceJNN 24 June 2013 Athens : A report says that a large number of Greek children have been put in orphanages and care homes due to economic meltdown in the recession-hit country. As the Greece’s unemployment rate will climb to over 30 percent in 2014 as the European country is struggling with a crippling recession. Continue reading

Greek Govt Crisis deepens as it closes down the State TV and Radio Stations , Adding thousands more to the Jobless List


Greek Govt Closes Down EPT , State TV and Radio StationsJNN 13 June 2013 ATHENS – Greek government presented on Wednesday noon a draft bill for the establishment of new public television and radio broadcaster by autumn this year, as reactions to the sudden closure of the Hellenic Broadcasting Corporation (ERT) on Tuesday night culminated. Continue reading

Ancient Mosque in Greece Re Opens after 90 Years of closure, Another Planned in Athens


A 111 year-old mosque in Thessaloniki, GreeceJNN 11 Apr 2013 Athens : A 111 year-old mosque in Thessaloniki, Greece has opened its doors to Muslim worshippers for the first time in 90 years at the same time a planned mosque in Athens is moving closer to reality. Continue reading

Greece on the verge of Bankruptcy , credit rating down graded from ‘CCC’ to ‘selective default’


Greek Bickering EconomyJNN 06 Dec 2012 Athens : Standard & Poor’s (S&P) ratings agency has downgraded Greece’s already junk-level debt rating to “selective default” after the debt-ridden country launched an operation to buy back bonds at well below their face value. Continue reading

Greece on the verge of Bankruptcy , credit rating down graded from ‘CCC’ to 'selective default'


Greek Bickering EconomyJNN 06 Dec 2012 Athens : Standard & Poor’s (S&P) ratings agency has downgraded Greece’s already junk-level debt rating to “selective default” after the debt-ridden country launched an operation to buy back bonds at well below their face value. Continue reading

Recessions & Un Employement Deepening As a Result Demos, Strikes sweep Europe


JNN 17 Nov 2012 MADRID/LISBON – Police and protesters clashed in Spain and Italy on Wednesday as millions of workers went on strike across Europe to protest against spending cuts they say have made the economic crisis worse. Continue reading

Immigrants Protest against the Police sweeps and Racist Attacks in Athens


 

JNN 25 Aug 2012 Athens : Thousands of immigrants marched in Athens on Friday to protest police sweeps and a rash of racist attacks in Greece as the country struggles to pull itself out of a huge debt crisis, Reuters reported.  Continue reading

Today the Greek Muslims are Forced to Go Underground , for the faults of Ottomans


JNN 14 July 2012 Athens : “All the other religions in Greece — Jews, Buddhists — they have a place but we do not,” Osama al-Najjar, 48, a petroleum industry supervisor, told SETimes on Wednesday, July 11. Continue reading

EU on the verge of Break up , as Suicide & Homelessness is an Epidemic


JNN 25 May 2012 Athens : A 60-year-old Greek musician and his 91-year-old mother jumped to their deaths from their 5th floor apartment, driven to despair by financial woes. This double death is the latest in a rising epidemic of crisis-induced suicides in Greece. Continue reading

Greece's Poor Economy Puts " Police for Hire " Pay to secure yourself


JNN 11 April 2012 Athens : Greece is offering a ‘cop-for-hire’ service, renting out policemen for €30 per hour, plus €10 if you want a police car too. It triggered fears that security of people who cannot afford a policeman for hire may be affected in favor of those who can. Continue reading

Greece’s Poor Economy Puts ” Police for Hire ” Pay to secure yourself


JNN 11 April 2012 Athens : Greece is offering a ‘cop-for-hire’ service, renting out policemen for €30 per hour, plus €10 if you want a police car too. It triggered fears that security of people who cannot afford a policeman for hire may be affected in favor of those who can. Continue reading

Ban on Iranian Oil , A Billionare Zionist Lobby once again try to create a Economic disaster By Energy crisis


JNN 8th Jan 2012 : Oil prices could spiral out of control and potentially herald deeper economic hardship for Europe if the European Union joins the U.S. in banning Iranian oil imports, analysts warned. Continue reading