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30
Jan

Dijsselbloem: “You just killed Troika” – Varoufakis “WOW!” (video, pics)

Posted by in Politics

The joint press conference was concluding, when Greek Finance Minister Yanis Varoufakis droped a last bombshell.  “…and with this if you want – and according to European Parliament – flimsily-constructed committee we have no aim to cooperate. Thank you.” Varoufakis was referring to the famous Troika, the country’s official creditors […]

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30
Jan

Varoufakis tells Dijsselbloem: “Greek gov’t will not negotiate with Troika”

Posted by in Economy

I don’t know what the two finance ministers said behind closed doors, but the press conference run wild.  Yanis Varoufakis was very clear: “Greek government will not negotiate with the Troika, only with official parters” he said during a joint press conference with the head of Eurogroup Jeroen Dijsselbloem in […]

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30
Jan

Debt Restructuring: A Deal or Not a Deal? Greece already served the Amuse-Gueule…

Posted by in Economy

Let’s put two things clear right away: Greece’s SYRIZA-led coalition government insists on debt-restructuring,  negotiations with the country’s creditors and a “new European deal” in general. In contrast, Greece’ creditors, mainly the European Union with the lead of Germany warn the Greek government that it should forget debt-restructuring and it […]

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30
Jan

FinMin Varoufakis: “We don’t need €7bn tranche, we need debt restructure”

Posted by in Economy

“We don’t want the €7 billion. We want to sit down and rethink the whole program,” Greek Finance Minister Yanis Varoufakis told New York Times in an interview right after he assumed his new post. Out task “is to restructure the debt and the economy to get the money we […]

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29
Jan

EU FMs agree by consensus to extend Russia’s sanctions for six months

Posted by in Politics

EU countries have agreed by consensus to extend Russia sanctions for six months, expand their blacklist, and prepare further economic sanctions if need be, Euobesrver and several Greek media report.The sancton were ending in March, with the extnesion they will be valid until next September. Greece had earlier voiced reservations, […]

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29
Jan

FinMin Siluanov tells CNBC: “Russia would consider financial help to Greece”

Posted by in Economy

“”Russian Finance Minister Anton Siluanov told CNBC that Russia would consider giving financial help to debt-ridden Greece. Siluanov said Greece had not yet asked Russia for assistance, but he did not rule out an agreement between the two countries if Greece came asking. “Well, we can imagine any situation, so […]

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29
Jan

EP Schulz openly says, he would prefer a SYRIZA-To Potami coalition

Posted by in Politics

President of European Parliament said it clearly: that he would prefer if PM Tsipras had a coalition with To Potami. After a meeting with Potami leader Stavros Theodorakis, Schulz told media: “For me it would be better, Mr. Tsipras had to work with To Potami and not with ANEL (Greek […]

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29
Jan

Did traders make friends with SYRIZA? Athens Stock Excange at +3.16%

Posted by in Economy

After three consecutive losses, including horror session of Wednesday with -9.24%,  Athens Stock Exchange recovered on Thursday. Today’s session closed with +3.16% and the General Index at 733 units. More details on ASE wins here and here in Greek. What happened? Traders made friends with leftists of SYRIZA?     […]

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29
Jan

Greek FM Kotzias dismiss FT allegations of “supposed relations with A. Dugin”

Posted by in Politics

Greek Foreign Ministry issued a statement dismissing as “groundless’” allegations published in Financial Times on Wednesday, claiming that Foreign Minister Nikos Kotzias had “supposed relations” with Russian professor Alexandr Dugin. Greek Foreign Ministry press release Thursday, 29 January 2015 In a Financial Times article published on 28 January, reference is […]

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29
Jan

Did EP Schulz complain to Tsipras about rain, Russia and lack of EU solidarity?

Posted by in Politics

President of the European Parliament Martin Schulz arrived at the office of Prime Minister Alexis Tsipras but the timing was bad. It was raining. An obviously disappointed Schulz immediately pointed with the finger towards the sky in front of PM Tsipras’ nose. Martin Schulz complained right away about the shortage […]

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