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Monthly Archives: March 2015

Greek gov’t to table proposal for inquiry into Loan Agreements (MoUs)

Left-wing SYRIZA tabling Tuesday evening a proposal for the establishment of a Parliament committee assigned to investigate the laon agreements (Memorandum of Undestanding) between previoous Greek governments and the country’s lenders IMF, EU and ECB. The inquiry will investigate the time periods October 2009 -May 2010 (Papandreou gov’t, 1. loan …

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The Contra-Narrative: EU’s elites blackmail Greece

There is a another narrative to the usual “Greece doesn’t deliver”, “Greece sent reform list for the garbage bin”, “Greece does not try enough” and all the other nice things we have been reading since the new Greek government came into power. The counter-narrative is called: EU’s elites blackmail Greece. …

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Fat & Sugar Tax – an old Troika dream to come true?

How much fat has one Souvlaki in pita bread? What’s the percentage of saturated fats in a portion of grilled lamb country style? And how much additional revenues can one triangle of walnuts-phyllo dough soaked in sirup bring to the state? These key questions will have to be answered in …

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No Grexit, No Grexident. The IOUs are coming…!?

Forget the Grexit, the Grexident and the Drachma scenarios. They are out! The 20-April-bankruptcy script writers have invented a new solution: something like a parallel currency. No, not the older scenario option of using Drachma nationally and the Euro internationally. Something new: the IOUS! A form of alternative mean of …

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Greek FinMin Varoufakis among 10 World Thinkers 2015

Greek Finance Minister Yanis Varoufakis is among the World Thinkers 2015. In a online voting poll conducted by the Prospect Magazine, Varoufakis comes second after French economist Thomas Picketty, whose book Capital in the Twenty-First Century had sold a remarkable 1.5m copies worldwide in several languages. Several of the other …

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PM Tsipras & IMF Lagarde talk tax revenues and tax evasion

Prime Minister Alexis Tsipras had a phone conversation with IMF Managing Director Christine Lagarde on Wendesday. Tsipras and Lagarde talked about the Eurogroup agreement of February 20th, the reforms list as well as tax revenues and tax evasion. Largarde reportedly told Tsipras that the so-called Lagared-List was not properly used …

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Greeks enjoy Independence Day parades without barriers

For the first time since 2011, Greeks celebrate Independence Day and enjoy the school students and military parades without barriers. The new Greek government decision to remove barriers and allow people to attend the parades at close range has a strong symbolism aiming to demonstrate that neither the government is …

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Dijsselbloem asks EFSF to examine return of €1.2 billion to Greece

Eurogroup chief Jeroen Dijsselbloem has reportedly wrote to European Financial Stability Fund chief Klaus Regling and Euro Working Group chief Thomas Wiser urgently examine the Greek request for return of €1.2 billion, Greek media report on Tuesday. The amount was sent by the FSF by mistake to the temporary rescue …

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