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Daily Archives: March 21, 2012

Turkish Vessel “Piri Reis” Nerves Greece – Again!

Turkish Oceanographic Vessel “Piri Reis” entered the Greek continental shelf without permission northwest of the island of Mytilini, opposite the Turkish mainland. A fact that has angered Greece that instructed its diplomatic representation in Ankara to submit a diplomatic note. “Late on the afternoon of 21 March 2010, the Turkish …

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Greek “Jobless Party” to Join Parliamentary Elections

The “Movement of Unemployed” plans to join the upcoming parliamentary elections, it was announced during a press conference in Thessaloniki. Party representative Gavriil Avramidis addressed the jobless in Greece but also all social classes that are affected by the economic crisis to form a joint front and help the party enter the parliament. …

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Economist: EU Leaders Treated Greece with “Moral Decay”

 European Union leaders showed “moral decay” in delaying Greece’s bond swap deal in order to minimize the impact on the region’s banks, according to High Frequency Economics’ founder and chief economist, Carl Weinberg. In a March report on the global economy, Weinberg said EU leaders had deliberately delayed Greece’s restructuring, …

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Greek Parliament Approved 2nd Bailout Agreement

Greek Parliament approved the new €130-billion loan agreement in the early morning hours of Wednsday. 213 MPs voted in favor, while 79 deputies voted against it and 8 MPs did not cast a vote. The loan agreement was voted in favor by coalition government deputies from socialist PASOK, conservative Nea …

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Sachinidis is Greece’s New Finance Minister

Philippos Sachinidis is Greece’s new Finance Minister. Sachinidis, 49, replaces Evangelos Venizelos who resigned on Monday in order to lead socialist party PASOK to parliamentary elections. “Philippos Sachinidis was appointed Finance Minister” the prime minister’s office said on Wednesday in a statement just two hours before Sachinidis’ oath ceremony which was already scheduled …

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