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Daily Archives: June 10, 2014

How the IMF’s 5th progress report shocked the new Greek government

Hardly was the new Greek cabinet was sworn-in and the report of the International Monetary Fund reached our pc screens. I can’t tell you whether the smiles on the faces of the new 42 ministers and deputy ministers froze because as I was writing these lines, Prime Minister Antonis Samaras …

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Deputy PM and PASOK leader Venizelos out of the hospital

Deputy Prime Minister and leader of PASOK Evangelos Venizelos was admitted to hospital on Monday night suffering from stomach and chest pain. No worries, though! A number of medical tests conducted by doctors did not find any significant health problems and the deputy PM is expected to attend the sworn-in …

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ELSTAT: Greece’s Deflation at -2% in May 2014

I don’t know if deflation in the debt-ridden country keeps pace with the speed of the famous train bringing success and development in Greece. Fact is that deflation, that is the decrease in the general price level of goods and services, accelerates in high speed. According to Greek Statistics Authority …

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