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Daily Archives: June 10, 2011

Greek PM Austerity Statement: Sealed with a … Tweet

While Greeks, domestic and international markets had been waiting for the statement of Greece Prime Minister George Papandreou at 2 pm, a Tweet sent by his office informed his followers on Twitter : “The Statement is being postponed due to changes in PM’s programme. We will inform you with a tweet”. …

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Guest Post: Greece – Anyone Here Feeling Rescued?

I love to receive interesting posts by KTG-readers. Different ideas and opinions enrich a blog anyway. An article on Greek economy and rescue efforts, written in a way that everybody can understand,  is a must now a days for those who want to know the What and Why and Why Not as …

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Greek Fin Min Announced the Austerity Measures

Greece Finance Minister George Papaconstantinou announced in a press conference on Friday the additional austerity measures that will drive to despair millions of Greeks. Fast Track austerity or Fast Track poverty. Read some of the measures that will hit the pockets of the average Greek or even Foreigner who pays …

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Menegaki’s diet…

Do you know Eleni Menegaki? She is a juicy, blond TV-persona, celebrated for years as the ‘Queen of morning TV-shows’. She has three children and an attractive lover, after her divorce from her children’s father. Now the secret of her perfect body has been revealed in a women’s magazine – or something like …

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Disoriented in Greece

I am disoriented today. I feel the heavy load of the additional austerity measures over my shoulders. I have been hanging on the phone and e-mail box the whole morning. Friends call and we exchange views on the measures. Despair. Hopelessness. Internet friends send e-mails asking about Greece’s economic future. What can I …

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Greek Cabinet Approves XXLL Austerity Measures

Greek cabinet approved on Thursday a package of  austerity measures, the so called ‘II. Memorandum of Understanding” or else “Budget Plan 2011-2015” or else “Mid-Term Stability program” dictated by the IMF/EU/ECB Troika. Call it whatever you want, the package contains measures that will kill small and medium enterprises, drive mad families, starve …

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