What’s Up in Greece on Jan 24/12?

Posted by keeptalkinggreece in Very Mix

Nothing is up in Greece today, everything is down, especially our mood as the Troika pressures for incredible labor interventions in the private sector. Bob Traa, IMF’sresponsible for Greece, says it very clear. In his proposal report, he claims that employees need to become “cheaper” and “disposable” in order to increase competitiveness and to provide economic development. There must be a real paradox growing in Bob Traa’s electrocuted brain. How do you boost economic development when people can hardly cover their basic needs? Easy. You crack down small and medium enterprises and have foreign investors and conglomerates take control of a country’s economy.

I must stress here, that Bob Traa & Co have an easy field to play their soccer games. First because Greek governments do nothing or very little to change cut state expenditures and second because ministers seem to be too busy to be involved in agreements that enslave this country’s citizens for decades.  One for All and All for One? Not at all! Taxpayers for All  as the only part of MoU that has been implemented is the chapter with title “Raise Taxes”..

While owners of properties built illegally had been forced to pay fat penalties amounting several thousands of euro to legalize them, the public sector will be exempted from these fines. Oh yes! Even the Greek state has built illegally.

Development Minister Michalis Chryssochoidis admitted that he did not read the Memorandum of Understanding in summer 2010, the loan agreement that thoroughly change Greeks’ lives. ” I didn’t read the MoU because I had other duties. I had to challenge the crime as Minister of Citizen’s protection. It wasn’t my job to read it” Chryssochoidis told private Skai TV this morning.

The private energy market is about to collapse in Greece, as the licences of Energa and Hellas Power have been suspended. The two power retailers owe the state 27 million euro, while the financial crime units of Finance Ministry (SDOE) investigate them. 200,000 subscribers that had sought cheaper electricity prices will be forced to return to state power company DEH. I will report on the issue later.

Proton Bank, currently under liquidation, on Monday filed a suit against former major shareholder and board chairman Lavrentis Lavrentiadis and 12 other people, accusing them of a series of criminal-level offences that include breach of faith, fraud, morally instigating and acting as accomplices in these offences and forming a criminal organisation.

A businessman has been detained for owing the state 1,4 million euro. The owner of a transport company had won a proceurement by Education Ministry to transport school books.

Athens Stock Exchange has a bad haircut day. While it experiences a rally of +5% yesterday, today is on a plunge course. Currently (12.39 am) at -2.36%.

Greece’s biggest journalists’s union ESHEA has declared a work stoppage from 10 am to 6 pm. It’s not a protest, it’s just a general assembly meeting to seek solutions for the incredible situation in the financially collapsed media sector. BTW: while all ESHEA members follow the work stoppage call, a private TV station is broadcasting news having replaced the anchorwoman apparently with a no union member. The 3-hour programme has the title ‘Breaking News’, although nothing has been broken ….

Pharmacies will be closed on Tuesday afternoon. A work stoppage aiming to protest the new opening hours  imposed by the government. Punished is not the government but the patients. Business as usual…