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23
Jul

Ernst & Young study: Impact of Grexit – the ‘good’ and the ‘bad’ scenario

Posted by in Economy

The impact of a possible Grexit for the Greek economy and society has been outlined in a study conducted by consultancy firm Ernst & Young in cooperation with Oxford Economics. “The study was launched in March 2015 and completed end of May 2015. The purpose was to provide information to […]





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23
Jul

Greek Parliament approves creditors’ bill, rift in SYRIZA remains

Posted by in Politics

With overwhelming majority the Greek Parliament approved the second bill of “prior actions” demanded by the country’s creditors. The Bill was approved with 230 votes. Against the bill voted 63 lawmakers among them also 31 from Tsipras’ SYRIZA. Another 5 SYRIZA lawmakers voted “present”. Voting result: YES 230 SYRIZA, Independent […]





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22
Jul

Tsipras’ new challenge: voting of second set of “prior actions” amid SYRIZA rebels and anti-austerity protests

Posted by in Politics

Prime Minister Alexis Tsipras faces a new challenge today, as the Greek Parliament will vote for the second set of creditors’ “prior actions”.  Tsipras faces his second major test as it is not clear whether the 39-SYRIZA “rebels” will again deny their vote for the deal with the creditors. The […]





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22
Jul

“Well-known Greek shipowner” accused by prosecutor to head criminal racket

Posted by in Very Mix

The man is well-known in Greece. In fact, he become broadly known when he invested in several media outlets almost a decade ago. Before this, hardly any Greek knew the young and very successful shipowner – apart from his colleagues shipowners, of course. Two years ago, the said man had […]





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22
Jul

La Tribune: The real objective of the creditors is to hide their lies

Posted by in Economy

It is not that they could not. They did not want to find a solution and a “mutually beneficial agreement” as Prime Minister Alexis Tsipras had hoped. What they wanted is to create a financial monster out of Greece, “to put a Eurozone member country into a social, economic and […]





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22
Jul

Krugman in shock says he overestimated the competence of Greek gov’t

Posted by in Economy

Paul Krugman believes that money is magic and if you believe in social justice, income equality and fairies, you can click your heels together three times and you can print all the money you want. Also he’s shocked that the Greek government had no backup plan except holding its breath. […]





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20
Jul

Banks Union appeals to Greeks to return their money to banks

Posted by in Economy

President of Greek Banks Association Louka Katseli appealed at the citiznes to return their money to the banks. “Banks are absolutely trustworthy,” Katseli told Mega TV “as guaranteed by the ECB and the Bank Association, but they would have been even more powerful if 40 billion euros had not been […]





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20
Jul

VAT hikes: plain souvlaki 13% – plain souvlaki with salt 23%

Posted by in Economy

HA! The legislator knows much better when a plain souvlaki is a plain souvlaki! A plain souvlaki grilled on the skewer consists of plain meat cubes. It is sold with with 13% Value Added Tax. However, as of today and the new V.A.T. hikes in effect, a plain souvlaki turns […]





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20
Jul

Race to keep Gov’t majority: Tsipras excludes “pensions & farmers reforms” from Wednesday’s voting

Posted by in Economy, Politics

With a simple non-paper, Prime Minister Alexis Tsipras announced on Monday, that the “reforms on pensions and farmers’ taxation” will not be on the voting agenda of the Parliament upcoming Wednesday. The move is understood as  Tsipras’ big retreat towards SYRIZA lawmakers threatening to not vote for these measures and […]





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20
Jul

Value Added Tax on fire: Crazy hikes in food & tourism

Posted by in Economy

More than 40,000 food items are been sold with a poisonous 10% Value Added Tax hike as of today and expect to burden the average Greek household with at least 55 euro per month.Beef, coffee, tea, cocoa, spices, sugar, oils – except olive oil, ice-creams, chocolates, but also condoms and […]





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20
Jul

Greek Banks re-open: weekly withdrawal of €420 to be implement as of next week

Posted by in Economy

All branches of Greek banks re-opened on Monday after three weeks enforced holiday imposed on June 29th 2015. While banks broaden their services, capital controls remain valid. The low daily withdrawal limit remains €60 per day, however depositors will have the option to withdraw up to €420 cumulative per week. […]





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19
Jul

EU’s last terrormongering card: if Grexit “the sound of army tanks would be heard in the street of Athens”

Posted by in Economy

What if the Brussels Agreement was adopted by the Greek government and the Parliament. The fear-mongering against the Greeks continue. After the creditors tried everything in this direction, after we critical observers thought we had seen everything… surprise! Another card was pulled out: tanks in the streets of Athens. An […]





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19
Jul

Germany sinks in “self-righteousness” – What if it would switch places with Greece?

Posted by in Economy

Germany sinks in “self-righteousness” and raises the Teacher finger to Europe: we are right, we are successful, we work hard and we don’t spend money. What Germany does not mention in its Euro-policies is that Germany is the only winner from the strict austerity of the other European folks. German […]





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18
Jul

ANIMA appeals to citizens to help wildlife at risk due to wildfires

Posted by in animals

With 52 wildfire fronts burning currently across Greece, the Association for the Protection and Welfare of Wildlife ANIMA appeals to citizens to help wildlife that is at risk. Of course, it is not only the wildlife at risk, as many dogs and cats also have sought refugee in wooded areas […]





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