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Daily Archives: September 11, 2013

Dying in the streets of Greece due to Troika cuts & shortages in health care sector

I really do not get it. Greek Health Minister Adonis Georgiadis was eager to join the Troika-demanded trimming down of the country’s public sector through the enforced “mobility scheme”/”personnel transfer”/ kick in the as*”- scheme or call it however you want it.A total of 1,641 health-care employees are to be …

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Greek gov’t reports €1.5 billion primary surplus

The impossible became possible. Thanks to efforts of the Samaras’ coalition governments, of course. For the first time, Greek finance ministry a primary budget surplus of 1.5 billion euro. “Figures ‘make the goal of achieving a primary general government surplus by the end of the year increasingly feasible,’ says Alternative …

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ECB representative: “Greece will most likely need two more bailouts”

Not one, not two bailouts were enough to solve the Greek debt crisis. While German Finance Minister Wolfgang Schaeuble opened the discussion for an additional bailout a couple of weeks ago, a member of the Governing Council of the European Central Bank – one of Greece’s lenders, the Troika – …

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