Greece Expels Voula Papachristou From Olympics Over Racist Tweets

By DEMETRIS NELLAS ATHENS, Greece — Triple jumper Voula Papachristou was kicked off Greece’s Olympic team Wednesday for her comments on Twitter mocking African immigrants and expressing support for a far-right political party. The Hellenic Olympic Committee said Papachristou is “placed outside the Olympic team for statements contrary to the values and ideas of the … Continue reading

‘Reckless’ And ‘Unprofessional’: German Minister Criticized for Greece Comments

German Economy Minister Philipp Rösler has been accused of being reckless and unprofessional after saying he is skeptical that Greece’s reform efforts will succeed and that a Greek exit from the euro had “lost its horrors.” But some senior members in Germany’s ruling coalition agree with him. German Economics Minister Philipp Rösler, the leader of … Continue reading

Spain police, miners clash in Madrid protest

Associated Press. Spanish miners and sympathizers incensed with the nation’s seemingly endless austerity cutbacks clashed with riot police on one of Madrid’s most famed avenues Wednesday, and six demonstrators were hospitalized after police fired rubber bullets. Police made seven arrests, and two officers were injured. The miners’ march into the capital was the culmination for some … Continue reading

Finland Threatens to Leave Euro-Zone

Finland stood out for asking for collateral from Greece and later Spain. Now, Finland’s finance minister Jutta Urpilainen heightened the tone regarding the situation in the euro-zone and hinted that Finland would rather leave the zone than pay others’ debts. In an interview with the Finnish Kauppalehti daily, Urpilainen said that Finland will not crash with the euro-zone, … Continue reading

Here They Come: Ireland Demands Renegotiation Of Its Bailout Terms To Match Spain

Well that didn’t take long. The ink on the #Spailout is not dry yet (well technically there is no ink, because none of the actual details of the Spanish banking system rescue are even remotely known, and likely won’t be because when it comes to answering where the money comes from there simply is no answer) and we already … Continue reading

MPs from Greek neo-Nazi party Golden Dawn arrested over racist attack

Two newly elected MPs from the neo-Nazi Golden Dawn party were among six people arrested over an attack on a Pakistani man in Athens, in the latest in a series of incidents that have raised fears that Greece‘s immigrants are being targeted in the runup to this month’s crucial elections. Ilias Panagiotaros and Ioannis Vouldis were briefly held … Continue reading

Exclusive: Greece’s debt woes mutate into energy crisis

(Reuters) – Greece’s debt crisis threatened to turn into an energy crunch on Friday, with the power regulator calling an emergency meeting next week to avert a collapse of the country’s electricity and natural gas system. Regulator RAE called the emergency meeting after receiving a letter from Greece’s natural gas company DEPA, dated May 31 … Continue reading

Germany’s FinMin:new Greek govt must respect pledges

May 4 (Reuters) – German Finance Minister Wolfgang Schaeuble said on Friday that Greece would have to “bear the consequences” if its voters elected a new government in an election on Sunday that does not respect commitments made by the outgoing coalition. In a speech in the western German city of Cologne, Schaeuble said future … Continue reading

Greece calls May 6 poll that may create stalemate

(Reuters) – Greece called a snap election for next month on Wednesday, launching a campaign that may produce no clear winner and threaten implementation of the international bailout plan that saved the nation from bankruptcy. Prime Minister Lucas Papademos announced the May 6 date after meeting the president and his interim cabinet, which he said had done … Continue reading

Rioters clash with Greek police at Athens protest

ATHENS, Greece (AP) — Greek riot police have fired tear gas to disperse rioters throwing petrol bombs and stones, as thousands protest in Athens against new austerity measures. No injuries or arrests have been reported. Police said the clashes came as some 7,000 people marched peacefully Friday on the first day of a 48-hour general strike … Continue reading