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Daily Archives: May 24, 2012

Athens Stock Exchange Suffers Losses of 4.53% – Historical Low with 502 Points

 Athens Stock Exchange had a real bad day today, with the General Index closing at 502.52 points and suffering losses of 4.53%. “Fully … unfortified was the Greek market, in a successive 22-year low, unable at the moment even for a technical reaction. On Thursday, the General Index managed with …

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EU Leaders vs Greek Voters: Huge Gap, Dangerous Cliff

Italian Prime Minister Mario Monti supports ND Antonis Samaras, French President Francois Hollande support PASOK Evangelos Venizelos. The two leaders of the Greek parties that definitely support the austerity bailout. At the same time a, while the country heads for fresh elections, Greeks have developed an allergy towards the austerity and the …

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Italian PM Monti Meets Samaras, to Meet Venizelos “Soon”

Italian Prime Minister Mario Monti broke the …diplomatic protocoll and made joined statements with ND Antonis Samaras, while they had a meeting in Brussels. The it is not common that a government leader makes common statements together with a simple party leader. Monti said that the common European will is Greece …

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EU Leaders Send Greek PM Home with A Pat on the Shoulder…

EU leaders expressed their support to Greeks provided that they will stick to austerity programme. They also gave a vague promise on growth measures. As Greece’s lenders have no idea who will challenge the failed EU policies after  June-17 elections, they choose to send caretaker prime minister Panagiotis Pikrammenos home with a …

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