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GREECE IN PANIC: Citizens withdraw £2.1bn from banks in 45 DAYS amid default fearsGREEK citizens have taken more than £2billion out of their bank accounts in just 45 days as they fear the economy is set to crash.
‘From bad to worse’: Greece hurtles towards a final reckoning With another bailout set to bring more cuts, quitting the euro is back on the agenda The country’s epic struggle to avert bankruptcy should have been settled when Athens received €110bn in aid – the biggest financial rescue programme in global history – from the EU and International Monetary Fund in May 2010. Instead, three bailouts later, it is still wrangling over the terms of the latest €86bn emergency loan package, with lenders also at loggerheads and diplomats no longer talking of a can, but rather a bomb, being kicked down the road. Default looms if a €7.4bn debt repayment – money owed mostly to the European Central Bank – is not honoured in July.Amid the uncertainty, volatility has returned to the markets. So, too, has fear, with an estimated €2.2bn being withdrawn from banks by panic-stricken depositors since the beginning of the year.
EU to Step Up Security Checks Across its BordersEU citizens and third country nationals entering or exiting the European Union will be required to undergo extensive checks against EU-wide databases following regulation voted on Thursday by the European Parliament.The screening procedures, which have been designed to improve security inside the EU, will be mandatory at all air, sea and land borders.
Major Greek carnival destinations are expected to mark the beginning of a strong tourism season with increasing bookings for the three-day Clean Monday holiday next week.In the meantime, traditional carnival destinations like Zakynthos and Drama are taking a blow due to a garbage collection strike in the former repeated road blocks by protesting farmers.On Zakynthos meanwhile, many of the carnival events have been cancelled because of the garbage collection problem.
Pension changes could cost 11m Britons thousands of pounds Government green paper discusses giving annual rises based on CPI, not RPI, which could cost average of £20,000 over lifetime
Google and Bing to deprecate piracy websites Illegally streamed live football matches and pirated films and music will be hidden under new plan to crackdown on pirating
Unconfirmed, but heard Donald Trump intends to put in an appearance at Lixouri karnavali this Sunday:
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Topic: 20/02/17 (Read 1613 times)
