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Monthly Archives: April 2010

Stricter austerity measures by IMF/EU shock Greeks!

Stricter austerity measures imposed by EU/IMF “troika” shock Greeks! In a clear message PM G. Papandreou informed representatives from trade unions and businessmen associations about the conditions imposed by EU and IMF in order to activate the ‘rescue package’ of 120 billion Euros, the largest economic package ever given to …

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Greek Stock Exchange:Mini Crash! What analysts and bankers say

The Athens Stock Exchange experienced today one of the worst session of the last two decades with the Index having returned to the low of March 2009. “Trapped” in the scenarios of debt restructuring and state bankruptcy, Greek Stock Exchange became once again the vulnerable target of speculators. The Athens …

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Greece: Taxman Invasion!

 Dominique Strauss-Kahn – IMF alias    Taxman – The Beatles Lyrics Let me tell you how it will be There's one for you, nineteen for me 'Cause I'm the taxman, yeah, I'm the taxman Should five per cent appear too small Be thankful I don't take it all 'Cause I'm …

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Greece: Officially Bankrupt! What people say to EU/IMF bailout

PM Papandreou iin Castelorizo Greece: Officially Bankrupt! Bailout Plea from EU/IMF It took PM George Papandreou several hundred miles to travel to the fringe and picturesque island of Castelorizo, near Turkey, to make the long-expected rescue appeal for the Greek bankrupt economy. Greece admits, it is now officially bankrupt, unable …

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Greece: Economy Collapse – Who is crying? Not the Civil Servants!

Economy Collapses – Who is crying over there? Not the Civil Servants! The economic collapse for Greece is officially here, this very sunny Thursday, 22nd of April, year 2010. Higher budget deficit, higher spreads and ratings downgrading force Greece to ask officially the emergency loans from EU and IMF. As …

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