Tag Archive | "Greece"

Cypriots Taxed On Their Savings- How To Really Screw Your Fellow Countrymen

Now it is the island nation of Cyprus’s time to come under the guillotine of economic bankruptcy.

The only difference with their bankers way of dealing with it is that, instead of doing it in the U.S. fashion of taking the needed money from what the government holds in taxpayer money the Cypriot financial wizards are simply charging a tax directly to people who have accounts in their banks that are failing. Read the full story


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Greek Economic Collapse Could Have Knock-On Effect for Other Not-America Countries

ATHENS, GREECE – As votes continue to be counted in the Greek general election, worries continue to mount that the fallout from the country’s potential economic collapse could have a knock-on effect for many other not-America countries.

Should Greece fail to meet the terms of its $130 billion bailout program, then the nation of Italy, which is not the United States of America, could suffer huge financial depression. Read the full story


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Ancient Greek High School Unearthed

Athens, Greece – GlossyNews.com – Archaeologists digging in the Greek Peloponnese in the region of ancient Sparta have reported the amazing discovery of a virtually intact Spartan high school once attended by at least 100 students.

The Spartans were the ancient Greeks known for their warlike society and, well, spartan lifestyle as depicted in the popular Hollywood animated movie 300. Read the full story


Posted in ScienceComments (1)

Greece Accidentally Receives Loan for Musical

NEW YORK, NY (GlossyNews) — On May 18, 2010, the economically embattled country of Greece received 14.5 billion euros ($17.9 billion USD) in aid from what Greek bankers presumed to be the European Union.

A banking official close to orchestrating a deal with the EU announced the following day, “The 14.5 billion euros was transferred to Greece a short while ago, through an anonymous donor that we believe to be the ECB [European Central Bank].” Read the full story


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