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20
Mar
http://www.keeptalkinggreece.com/2013/03/20/official-eurogroup-statement-on-cyprus-vote/ tagged: , , ,

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Official Eurogroup Statement on Cyprus Vote

Posted by in Economy

“Statement by the Eurogroup President on Cyprus I take note of the decision of the Cypriot parliame nt on the government’s proposal for a one-off stability levy. I confirm that the Eurogroup stands ready to assist Cyprus in its reform efforts and reiterate the position of the Eurogroup as I stated [...]

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19
Mar

Historic decision: Cypriots vote NO to bank deposits tax

Posted by in Economy

With 39 votes against and 19 abstentions from Anastasiades’ ruling party, Cypriots said a historic NO to Eurogroup decision to charge with a levy bank deposits. Upon announcement of the rejecting decision protesters who had gathered outside the Parliament broke in to loud applaud. No one Cypriot MP voted in [...]

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19
Mar

German banks urge Cypriots to transfer money – Is Berlin collecting the money fleeing the European South?

Posted by in Economy

It comes as many suspected: German banks try to take advantage of the economic crisis in the European  South. A Cypriot received an e-mail by a German Advisory Bureau offering him the opportunity to move his deposits to German banks with an interest rate of 3.0-4.0% for deposits over 50,000 [...]

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19
Mar

Greeks stunned to hear Cypriot MPs attacking EU and reject the bailout

Posted by in Editor, Politics

Greeks are deeply stunned and green from envy, to hear the debate inside the Cypriot Parliament during the crucial voting on bank deposits tax. The eurogroup imposed measure for a Cyprus bailout that will be rejected by the Cypriots. Hardly had the discussion started in the Cypriot Parliament on the depositors’ tax [...]

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19
Mar
http://www.keeptalkinggreece.com/2013/03/19/greek-pm-samaras-cancels-visit-to-finland-mar-22-242013/ tagged: , , , ,

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Greek PM Samaras cancels visit to Finland, Mar 22-24/2013

Posted by in Politics

Greek prime minister Antonis Samaras cancelled his official visit to Finland, scheduled for March 22-24rd 2013. No official explanation was given. Greek media speculate the postponement had to do with the developments in Cyprus. Samaras was due to meet the political leadership of Finland and participate in a meeting with [...]

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19
Mar

Canadian Eldorado Gold hints “it may abandon Greek investment”

Posted by in Economy

Greek Gold,  branch of Canadian Eldorado Gold leaves open the possibility to withdraw from Greece, justifying the reactions to gold mining in Chalkidiki and Thrace in petty interests of local communities. Speaking at a press conference on Tuesday, CEO of Greek Gold P. Stratoudakis said “The question is whether a country can [...]

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19
Mar

Greek Trains, Proastiakos on strike, Mar 23-24-25/2013

Posted by in Society

Personnel at Greek Trainose and Proastiakos will launch three 24-hour strikes from March 23th until March 25th 2013. The metro will not operate up/from Athens Airport. Trains and Proastiakos personnel protest wages and benefits cuts. “Wisely” enough they choose the long weekend, with Monday, March 25th, be a national holiday.

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19
Mar

Cyprus Anastasiades has a Plan B: internal borrowing and Russian loan?

Posted by in Economy

Internal borrowing and leaning more to the Russians? Can this be the Plan B Cypriot President Nicos Anastasiades is working out, seeing that he has thin chances to have the Eurogroup imposed bailout accepted by the Parliament? According to Greek finance news website newmoney.gr, Anastasiades does not exclude the option to [...]

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19
Mar
http://www.keeptalkinggreece.com/2013/03/19/greek-pm-samaras-prosperity-will-soon-return-in-greece-cyprus/ tagged: , , ,

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Greek PM Samaras: “Prosperity will soon return in Greece, Cyprus”

Posted by in Economy

In a statement on latest developments in Cyprus, Prime Minister Antonis Samaras said on Monday that “Greece has been and is standing by Cyprus at this tough time.” The premier’s statement adds that “Greece is also experiencing a tough time over the past three years. But you must remember: Prosperity [...]

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19
Mar
http://www.keeptalkinggreece.com/2013/03/19/athens-stock-exchange-suffers-losses-but-not-as-spectacular-as-feared/ tagged: , , ,

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Athens Stock Exchange suffers losses but not as spectacular as feared

Posted by in Economy

The shares of Greek banking sector are under pressure on the Athens Stock Exchange on Tuesday, the first day the ASE opened after the shocking Cyprus bailout proposal. As of 12 o’clock noon, the banking shares were moving at -4.6%, while they were earlier trading at even -5.53%. The General [...]

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