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20
May

Poison Alert! FinMin Schaeuble criticizes the European Commission on Greece & sees Greek Default

Posted by in Economy, Uncategorized

German Finance Minister Wolfgang Schaeuble could not tame himself and poured the usual poison against Greece. And not only! He rebuffed the European Commission for its efforts to a way out of the impasse in the bailout talks. In an interview to The Wall Street Journal and French daily Les […]

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20
May

Moody’s “sees” capital controls and deposits freeze in Greece

Posted by in Economy

Moody’s Investors Service said Wednesday its outlook on the Greek banking system is “negative”, citing “acute deterioration in funding and liquidity” as reason for its view. “These pressures are unlikely to ease over the next 12-18 months and there is a high likelihood of an imposition of capital controls and […]

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20
May

Varoufakis saw his Dream V.A.T. rates collapsing in thousand pieces & percentages

Posted by in Economy

Greece got really and deeply lost in Value Added Tax rates. Monday night Finance Minister Yanis Varoufakis announced his V.A.T. overhaul plan with two rates of 9.5% and 18% for cash payments and 3% “discount on V.A.T.” for non-cash payments. Once Tuesday broke in, the Greek Finance Minister saw his […]

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20
May

In other news: Extraterrestrial Aircrafts hiding behind the Moon

Posted by in Very Mix

Greek journalists are on work stoppage today from 11 am to 5 pm in order to attend the General meeting of Greek Journalists’ Union ESIA. Therefore, KTG will offer some outstanding from internet, randomly picked among hundreds and thousands news items about the upcoming Greek Default, next month. According to […]

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20
May

Angela Merkel to address the nation if a deal with Greece. Which nation?

Posted by in Editor

German Chancellor Angela Merkel is said to be planning to address the nation in case Greece reaches a deal with its creditors. “Which nation?”, one may ask. The Greek or the German? “The German nation, the German lawmakers and the German public,” writes Bloomberg because in case of a deal, […]

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20
May

Hillarious! Greece’s Eurovision song had a secret message to creditors?

Posted by in Very Mix

Things are not always as they seem to be. While millions of Europeans thought that the Greek Eurovision song was about a broken heart and desperate love with all essential emotions of betrayal, endless pain and struggle… Alas! The lyrics of  “One last Breath” sung by Maria Elena Kyriakou could […]

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20
May

Greek Gov’t: no payment to IMF on June 5 without a deal with creditors

Posted by in Economy

Greece will not make a payment to the International Monetary Fund if there is no deal with its creditors, SYRIZA’s parliamentary speaker said on Wednesday. “The moment of truth is on June 5,” Nikos Filis told private ANT1 TV. Nikos Filis “If there is no deal by then that will […]

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19
May

Schaeuble’s moment: Large part of Greek population is suffering but the Gov’t does nothing to end this suffering

Posted by in Economy

I have a … moment, right now. I’m deeply touched by Schaeuble’s compassion  towards the suffering Greeks. Hear saying over hear saying, German Finance Minister Wolfgang Schaeuble reportedly told his Christian Democrat buddies in Parliament: “We know that a large part of the Greek population is suffering but the Greek […]

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19
May

Lost in 6.5%-18%: Varoufakis’ overhaul of V.A.T system may skyrocket food & utility prices

Posted by in Economy, Uncategorized

Greek Finance Minister Yanis Varoufakis said it clearly Monday night on political program on private STAR TV. There will be a flat Value Added Tax of 18% for cash-transactions and a 3% discount – ie. 15% V.A.T. –  for payments with credit or debit card. He assured that “the low […]

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18
May

EC Juncker offers €1.5bn tranche to Greece in return for Lenders’ same old strict austerity

Posted by in Economy

Amazing! European Commission President Jean-Claud Juncker sat down and wrote several pages of a proposal to “help” Greece strike a deal with its creditors, unlock the impasse. allow the release of some bailout money to avoid default on June 5th 2015 and give time for a new deal in autumn. […]

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