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8
Mar

Referendum or Elections: Greek FinMin issues statement calling Corriere della Sierra to correct Varoufakis’ statement

Posted by in Economy

Greek Finance Minister Yanis Varoufakis said that the government could propose a referendum or new elections if the Eurogroup partners reject his reforms proposal. The statement comes a day before the Eurogroup meeting on Monday, where the Europartners will discuss the Greek reforms proposals. In an interview to Italian daily […]

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7
Mar

Golden Dawn MP cleared over TV show punch to KKE lawmaker

Posted by in Politics

Golden Dawn MP Ilias Kasidiaris was cleared of charges for having slapped Communist MP Liana Kanelli during a live TV show back in 2012. A despicable act of violence that took place in front of the eyes of thousands of viewers. So how comes that the beater was acquitted of […]

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6
Mar

Varoufaki’s “undercover agents” vs tax evasion: tourists, students, housewives

Posted by in Economy

From Euro-Shrek to Super Taxman: Greek Finance Minister Yanis Varoufakis will hire part timers as undercover agents to grab out tax evaders. Tourists, students and housewives – desperate or not –  will work armed with wire devices (camera, etc) to catch shopkeepers and service providers who offer their goods, pocket […]

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6
Mar

UPD Varoufakis’ “7 Reforms List” to Dijsselbloem / Full in pdf!

Posted by in Economy

The list Greek finance Minister Yanis Varoufakis sent to Eurogroup head Jeroen Dijsselbloem has been publish in the Greek media. The list refers mainly to “real structural reforms” and not structural in the sense of “austerity adjustment”. Below is the list 1. Activate the Fiscal Council with a view to […]

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6
Mar

Reuters: Greece repays first part of IMF loan due in March

Posted by in Economy

Greece repaid the first 310-million-euro installment of a loan from the International Monetary Fund that falls due this month, meeting an initial deadline in the cash-strapped state’s scramble to cover its funding needs, a government source said on Friday. Prime Minister Alexis Tsipras’ newly elected government must pay a total […]

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5
Mar

Varoufakis: “We have Plan B” after ECB Draghi’s says No,No,No to liquidity

Posted by in Economy

“We have Plan B” Greek Finance Minister Yanis Varoufakis told private Mega TV on Thursday, just a couple of hours after ECB head Mario Draghi linked ECD funding with Greece’s compliance to the bailout and austerity program, righting the conditions for liquidity. At a press conference today, Mario Draghi distributed […]

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5
Mar

PPC (DEH) CEO Zervos resigns after charges on wages hikes to 19 executives

Posted by in Politics

Chairman and CEO of Greece’s Public Power Company (DEH) Arhtouros Ζervos submitted his resignation on Wednesday evening after a judicial council decided that he should stand trial on breach-of-duty charges related to approving unlawful wages/benefits for some 19 company executives in the 2010-12 period. “The damage for the company was […]

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5
Mar

Greece’s general unemployment still at 26% and 1:2 youth without job

Posted by in Society

Bang! I thought Greece was making much-heralded fiscal progress and much- applauded primary surpluses in 2014 and the lenders and the ND-PASOK government were congratulating each other for the glorious economic achievements… And then everyone got angry because just when the “country was about to exit the bailout adjustment program […]

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5
Mar

Contradictοry reports on German profits from loan interest to Greece

Posted by in Economy

There seems to be some discrepancy between the current and older data released by the German Finance Ministry regarding the profits it makes from the bailout loans to Greece. While the German Finance Ministry claims nowadays that the profits from Greek interest were “€360 million from 2010-2014“, according to older […]

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5
Mar

Greek restaurant targeted with hate-letter in Duesseldorf/Germany

Posted by in Very Mix

Fueled by the ongoing debate over Greece’s bailout by European creditors, an anonymous writer targeted a Greek family business in the western German city of Duesseldorf – Hassel. The anonymous letter describes Greeks as “corrupt and lazy” and calls on people to not go to the restaurant anymore. The letter was […]

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