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Monthly Archives: January 2015

EU FMs agree by consensus to extend Russia’s sanctions for six months

EU countries have agreed by consensus to extend Russia sanctions for six months, expand their blacklist, and prepare further economic sanctions if need be, Euobesrver and several Greek media report.The sancton were ending in March, with the extnesion they will be valid until next September. Greece had earlier voiced reservations, …

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FinMin Siluanov tells CNBC: “Russia would consider financial help to Greece”

“”Russian Finance Minister Anton Siluanov told CNBC that Russia would consider giving financial help to debt-ridden Greece. Siluanov said Greece had not yet asked Russia for assistance, but he did not rule out an agreement between the two countries if Greece came asking. “Well, we can imagine any situation, so …

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EP Schulz openly says, he would prefer a SYRIZA-To Potami coalition

President of European Parliament said it clearly: that he would prefer if PM Tsipras had a coalition with To Potami. After a meeting with Potami leader Stavros Theodorakis, Schulz told media: “For me it would be better, Mr. Tsipras had to work with To Potami and not with ANEL (Greek …

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Did traders make friends with SYRIZA? Athens Stock Excange at +3.16%

After three consecutive losses, including horror session of Wednesday with -9.24%,  Athens Stock Exchange recovered on Thursday. Today’s session closed with +3.16% and the General Index at 733 units. More details on ASE wins here and here in Greek. What happened? Traders made friends with leftists of SYRIZA?     …

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Greek FM Kotzias dismiss FT allegations of “supposed relations with A. Dugin”

Greek Foreign Ministry issued a statement dismissing as “groundless’” allegations published in Financial Times on Wednesday, claiming that Foreign Minister Nikos Kotzias had “supposed relations” with Russian professor Alexandr Dugin. Greek Foreign Ministry press release Thursday, 29 January 2015 In a Financial Times article published on 28 January, reference is …

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Did EP Schulz complain to Tsipras about rain, Russia and lack of EU solidarity?

President of the European Parliament Martin Schulz arrived at the office of Prime Minister Alexis Tsipras but the timing was bad. It was raining. An obviously disappointed Schulz immediately pointed with the finger towards the sky in front of PM Tsipras’ nose. Martin Schulz complained right away about the shortage …

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Deputy PM Dragasakis: “We have a long list of investment opportunities”

Real and potential investors were shocked on Wednesday to hear new Greek coalition government government ministers announcing the halt of privatizations. Most worried of all,  is China with its 35-year concession agreement for its COSCO subsidiary in Piraeus – in operation since 2008 – and its plans to buy large …

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President Obama calls PM Tsipras to congratulate and offer support

US President Barack Obama called Prime Minister Alexis Tsipras Wednesday afternoon to congratulate him on his election victory. “The United States will stand to help Greek government to escape the politics of austerity,” the US President assured the new Prime Minister of Greece and that “this  support will be expressed in …

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Dirty little EU games with Russia and Greece? FM Kotzias in Brussels

Newly appointed Foreign Minister Nikos Kotzias is due travel to to Brussels to attend the extraordinary meeting of European Union Foreign Ministers who will discuss sanctions against Russia due to escalation of the Ukraine conflict. The meeting will convene tomorrow Thursday, January 29th,  upon an invitation by EU’s High Representative …

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President Hollande invites PM Tsipras in Paris in early February

French President Francois Hollande invited new Greek Prime Minister Alexis Tsipras in Paris. Hollande’s invitation has already be sent to Tsipras, the meeting is to take place before the next Council of Europe, scheduled for February 12th.  “France is ready to discuss solutions to Greek debt,” French officials said, althoughHollande …

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PM Tsipras sets key priorities in first cabinet meeting, advises ministers to live “frugal”

Greece’s new PM Alexis Tsipras presented his government’s key priorities in the first meeting of the new cabinet on Wednesday. The key priorities include measures to tackle the country’s humanitarian crisis, restarting the economy and clashing with vested interests. However it is interesting to see also what he advised his …

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Greek government: Fast Forward with anti-austerity measures

Alexis Tsipras and his junior coalition partner Panos Kammenos pushed the Fast Forward button to restore a series of so-called “reforms”, that is austerity measures imposed by the country’s lenders, the Troika. Several new appointed ministers of the SYRIZA-Independent Greeks coalition started to announce thorough changes, right after they assumed …

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New FinMin Varoufakis will continue blogging, despite day job

Greece’s new Finance Minister Yanis Varoufakis, famous anti-austerity economist, author,  writer and blogger with thousands of followers said that he will continue blogging -despite his new day job. In a post uploaded Tuesday morning, just a couple of hours before he sworn-in,  Varoufakis wrote: Finance Ministry slows blogging down but …

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