Medusa-7 war exercises near the Crete Islands in Greece, Egypt and Cyprus also participate along with Greece

Medusa-7 war exercises near the Crete Islands in Greece, Egypt and Cyprus also participate along with Greece

Athens: Amid the indications of increasing Turkish activities in the Mediterranean Sea, Greece Egypt and Cyprus held multinational war exercises. Warships from all the three countries participated in the war exercises code named Medusa-7 and stayed near the Crete Islands in Greece. Egypt and Greece have been regularly holding Medusa war exercises since 2015, but […]

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Greece should quit the Euro and use Drachma as its currency, warns former Greek Finance Minister

Greece should quit the Euro and use Drachma as its currency, warns former Greek Finance Minister

Athens: The European lending agencies have converted Greece into a dead colony wherein Greeks will have to suffer pain and poverty for many years to come, accused former Finance Minister of Greece. At the same time, he warned that Greece should quit the Euro and start using the old Drachma currency. It was announced on […]

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Switzerland will not accept migrants from Greece and Italy

Switzerland will not accept migrants from Greece and Italy

Bern: Switzerland has turned down the request to accept immigrants from Italy and Greece, made by the European Union. Earlier in 2015, Switzerland had accepted about 1500 immigrants from Italy and Greece on the request of the European Union. But the Swiss officials said,,‘a decision that such immigrants will not be accepted henceforth has been […]

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‘Israel-Greece-Cyprus’ agree to bolster defence cooperation

‘Israel-Greece-Cyprus’ agree to bolster defence cooperation

Larnaca: ‘There is a necessity to unite in order to counter the threat of terrorism and illegal immigrants posed to the Middle East and its surrounding areas,’ in these words the Israeli Defence Minister Avigdor Lieberman underlined the cooperation with countries like Greece and Cyprus. Israel has adopted the policy to establish cooperation with various […]

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Greece must implement reforms or leave Eurozone, warns German Finance Minister

Greece must implement reforms or leave Eurozone, warns German Finance Minister

Athens: German finance minister said that its imperative for Greece to implement economic reforms, if it is to stay in the Eurozone. In spite of this warning, EU during its Brussels summit agreed to grant some debt relief to Greece. It is said that the decision was influenced by the shocking results of Italy’s referendum. […]

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Economists warn Italy’s economy could be like Greece due to banking crisis

Economists warn Italy’s economy could be like Greece due to banking crisis

Rome/Brussels : European economists and analysts have claimed that as the Italian banking sector is overburdened with a debt of 350 billion,  the Italian economy could also tumble down like that of Greece. The Italian economy is the 3rd largest economy in the ‘Eurozone’. The instability of this economy may lead to uncertainty in the entire […]

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After US warship diplomacy in the Mediterranean Sea; Russia holds war exercises in the Syrian marine region

After US warship diplomacy in the Mediterranean Sea; Russia holds war exercises in the Syrian marine region

Beirut: Russia has replied to the United States, who issued a warning to Russia, through Warship diplomacy, deploying two of its aircraft carriers in the Mediterranean Sea. As per the information received, the Russian navy deployed at the Tartous port in Syria held war exercises in that marine region. As per the media claims, these […]

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Warship Diplomacy by the US in the Mediterranean Sea to deliver a vital message to Russia

Warship Diplomacy by the US in the Mediterranean Sea to deliver a vital message to Russia

Moscow: The United States has deployed two gigantic aircraft carriers, USS Abraham Lincoln and USS John Stennis in the Mediterranean Sea. Jon Huntsman, the US Ambassador to Russia, warned Russia ‘This deployment is nothing but 200 thousand tonnes of war strategy. This is a part of the advanced war strategy, and there is no need […]

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