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Daily Archives: January 22, 2013

Fuel prices in Greece inspire to “Louis Bitton” gas can

New brand gas can especially designed for Greeks only! With the price for gasoline at €1,70 per liter and the price for heating oil at €1,60 per liter, one gaz can can cost as much as a Louis Bitton bag. Louis Bitton – Greek “bitoni” for “gas can”. …from Greek internet

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Marianne: The incredible errors by IMF experts & the wrong multiplier

Do you remember the report by IMF advisors Blanchard & Leigh “Growth forecast errors and fiscal multipliers, who were admitting the negative effects of the austerity measures? French weekly magazine Marianne wrote an article about the fatal mistakes made by the International Monetary Fund and located the calculation error – the wrong multiplier! The incredible …

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New Eurogroup Chief: Jeroen Dijsselbloem

This is the name we will have to deal with in the next years: Jeroen Dijsselbloem, 46, Social Democrat, politician of Labour Party and Finance Minister in the Netherlands since November 5, 2012.   Jeroen Dijsselbloem to be pronounced as [jɛˈrun ˈdɛisəlblum] Dijsselbloem elected new Eurogroup chief Eurozone finance ministers …

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“War” between SYRIZA and Public Order Minister over Terrorism

A new round of angry dispute broke out between main opposition party SYRIZA and the Minister for Citizen Protection and Public Order, Nikos Dendias (Nea Dimocratia), when the latter brought up new allegations linking the left-wing party with phenomena of a smooth form of terrorism. During a meeting of the parliamentary committee …

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ELSTAT chief to face felony charges over inflated Greek deficit in 2009

Greek economic prosecutors are seeking felony charges against the former president of the Greek Statistics Authority Andreas Georgiou over  upwards manipulation of the Greek deficit in 2009 and thus with the aim to push the country into the IMF bailout mechanism. Apart from Georgiou  felony charges are also to be raised against the …

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Athens: Citizens protest exorbitant electricity bills

Several hundreds of angry citizens gathered outside the headquarters of Greek Public Power Company (DEH)to protest the new hikes in electricity and the attached “emergency property tax” that skyrocket the end amount Greeks have to pay month in, month out. Banner: “We pay nothing, we owe nothing” “I dont’ pay any …

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Macedonia: Bloody highway pileups with one dead, 24 injured (picts,video)

Two pileups involving more than 36 vehicles occurred at Egnatia highway near Veroia town of Macedonia, leaving behind one driver dead and at least 24 people injured – among them 3 children. First information speak of dense fog and slippery asphalt. Video: embedded by Embedded VideoYouTube Direkt According to Greek media, the first …

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