Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece’s debt burden which the leftist government says vindicates its call to voters to reject bailout terms, sources familiar with the situation said on Friday. As Reuters reports, publication of the draft Debt Sustainability Analysis … Read More »
Daily Archives: July 4, 2015
EP Schulz threatens Greeks with Armageddon – Can we sue him for “moral damage” & “breach of public office”?
“Without new money, salaries won’t be paid, the health system will stop functioning, the power network and public transport will break down and they won’t be able to import vital goods because nobody can pay” President of European Parliament Martin Schulz warned Greek voters one day before the crucial Referendum … Read More »
Do Greece’s creditors follow and apply advises proposed by conservative New Democracy? It is highly interesting that ND parliamentary group leader and former Health Minister Adonis Gerogriadis had already “advised” creditors to not adopt Tsipras’ plan and instead economically drain the country and impose capital controls. Georgiadis’ proposal came after … Read More »
Should I assume that the EU official who called Greek government “gamblers” got touched by the queues outside the Greek banks and Greece’s seniors struggling to get 60 or 120 euro per day, per week, per month…? We here can not know. Anyway, among others European Council President Donald Tusk … Read More »
Greek Bank Union: “Tuesday’s Liquidity will determine withdrawals cap”, dismisses FT “30% deposits haircut”
Sunday… Monday… Tuesday… Wednesday… Four very crucial days that will determine whether the average Greek will still be able to withdraw a couple of euro banknotes from the ATMs, whether the pensioner will be able to get hold of the whole of his July pension. Whether the Greek banks will … Read More »