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22
Jun

Greece talks: Eurogroup meeting ended without deal (live blog Athens)

Posted by in Economy

What’s is going on in Brussels with the Greek talks? The Up & Down is going on with confusing and controversial reports. Greece sent proposals to the Institutions on Sunday evening, the European Commission described them as “good basis for progress”, Monday morning the usual war of words started. There […]





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22
Jun

Propaganda machinery to undermine Greece’s talks runs in full speed

Posted by in Economy

Yup. The day is crucial for Greece. Maybe the “most crucial” for the last five years with the sword of “default to the IMF” swinging over our heads. Today, Monday, important meetings are taking place in Brussels, with Prime Minister Alexis Tsipras to meet the heads of the “Institutions” European […]





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22
Jun

Spotted in Athens: German journalist awaiting for the “bank run”

Posted by in Economy

Αll eyes are turn to Brussels today, all ears try to pick the finest nuances signaling a “deal or not a deal.” Yet, some have flown to Athens to cover reactions among the society. A German journalist was spotted outside a Greek bank armed with camera and microphone to cover […]





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21
Jun

21 June 2015: “Summer Solstice” and amazing cosmic show in the night sky

Posted by in Very Mix

The summer solstice, the longest day of the year is happening today Sunday.  It is the day when there are the most hours of sunlight.  The name “Solistice” comes from the Latin and means ‘sun stands still’. It happens because the sun heading north, stops at the Tropic of Cancer before […]





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21
Jun

Ex Health Minister: If Greece bankrupts, women will become prostitutes and house-cleaners

Posted by in Politics

Former Health Minister Adonis Georgiadis from conservative New Dimocracy was praising ex Prime Minister Antonis Samaras and attacking Prime minister Alexis Tsipras for being repsonsible of the ten plagues of Greece. Drawing with the darkest colors the impact of Tsipras’ policies he said that if the country bankrupcts, women will […]





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20
Jun

Is the Eurogroup a “modern Inquisition” aiming to combat political and economic heresy?

Posted by in Economy

Democratic procedures in Europe? Well… Hardly… Most likely it is about a mechanism of Institutions that rule setting aside democratic elected governments and ministers. A very serious claim about the Eurogroup meeting of last Thursday is made by Greek Finance Minister Yanis Varoufakis. In his article to the Irish Times, […]





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20
Jun

What creditors and EZ taxpayers will lose, should Greece default

Posted by in Economy

If creditors EU, ECB and IMF are up to a Greek default… “Be my guest!” so to say. English- and German speaking media have been publishing charts and info and calculations and estimations about how much a Greek bankruptcy will cost to the eurozone countries and each one of the […]





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19
Jun

Tusk warns Greece “accept offer or head towards default”, Merkel oracles “Que Sera, Sera”

Posted by in Economy

Nobody could expect anything else except the creditors’ warnings to reach their peak. A Eurozone Leaders Summit is scheduled for 7 pm upcoming Monday, four hours earlier the eurozone finance ministers will convene to take some decision on Greece. The debt-ridden country is supposed to submit another reforms proposal that […]





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19
Jun

Changes in Greek protests landscape: lost in Pro-Europe and anti-austerity labyrinth

Posted by in Society

Between May 2010 and January 2015 elections, protests around Greece had a clear identity. They were against austerity, against pensions and wages cuts, in general against everything that had to do with the loan agreements between Greece and its creditors. In short, they were protests against the government/governments that were […]





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19
Jun

SYRIZA MP takes legal action against Bank of Greece Governor over Monetary Policy report

Posted by in Economy, Politics

SYRIZA MP Rachil Makri took legal action against Bank of Greece Governor Yannis Stournaras, accusing the banking chief of “possible malice” as regards his monetary policy report on Wednesday. In the Monetary Policy report 2014-2015, the Bank of Greece warned of a likely Greek exit from the eurozone and even […]





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19
Jun

Lagarde: Greece talks need “adults in the room” (correction)

Posted by in Economy

With unacceptable irony, intimidating remarks and political “bullying”, the Managing Director of International Monetary Fund, Mme(?) Christine Lagarde, attacked Greeks at the Eurogroup meeting in Luxembourg on Thursday. “For the moment we are short of a dialogue, the key emergency is to restore the dialogue with adults in the room,” […]





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19
Jun

Greece and Russia sign Memorandum on Turkish Stream pipeline

Posted by in Economy

All good on the Eastern Front. Greece and Russia signed a memorandum of cooperation on the Turkish Stream gas pipeline, Prime Minister Alexis Tsipras is going to meet President Vladimir Putin in the afternoon. The Greek delegation officially attends the Saint Petersburg International Economic Forum. Friday morning, Russia and Greece […]





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19
Jun

Eurogroup: Here is Varoufakis’ proposals for exiting Greece’s crisis

Posted by in Economy

Greek Finance Minister Yanis Varoufakis uploaded on his blog the analytical proposal he presented at the Eurogroup meeting on Thursday. IT is th eofficial proposal of Greece to solve the crisis and achieve an agreement with the country’s lenders. The proposal is based on three pillars: a package of reforms […]





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18
Jun

Dirty Games by Very Dirty Guys: The ECB “orchestrates” a bank run

Posted by in Economy

The news posted by Reuters shocked! The usual suspects, the “anonymous officials with knowledge of the talks”, the black-tie toussie-moussies had reportedly told the international news agency that “the European Central Bank was not sure if Greek banks would open on Monday”. “The European Central Bank told a meeting of […]





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18
Jun

The load of Debt relief: ESM claims Greece already received debt relief from eurozone creditors

Posted by in Economy

I am at the end of my understanding of the world and creditors’ games. The one moment the European Commission whispers to media ears, that it prepares a debt relief for Greece’ debt, the next moment, a financing mechanism from the same Europe, claims the opposite. “Greece has already received […]





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18
Jun

Lagarde warns Greece will default to IMF, if no payment on June 30th

Posted by in Economy

Greece will default the next day, if it fails to make the bundles payment to the IMF on June 3oth, Managing Director of the International Monetary Fund said on Thursday, dismissing rumors that the debt-ridden country would have a month of grace time. Greece will be in default with the […]





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18
Jun

Stick & Carrot: EC & ECB work on draft for Greece’s debt relief, but “agreement, first”

Posted by in Economy

The European Commission and the European Central Bank are reportedly working on a draft for a Greek debt relief, in an effort to break the impasse of bailout talks. According to an exclusive story of daily Kathimerini,the draft will be in form of a statement and thus only in case […]





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18
Jun

Merkel: “Deal still possible, if Greece shows will” – Reforms, Reforms, Reforms!

Posted by in Economy

German Chancellor Angela Merkel sent a clear message to Greece: solidarity yes, but not without reforms. “Greece must proceed with reforms and implement the necessary reforms.” Merkel stressed again and again. In a government declaration at the German Parliament on Thursday morning, Merkel stressed that it is still possible for […]





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17
Jun

Parliamentary Committee: Preliminary Findings on Greece’s Public Debt

Posted by in Economy

In April 2015 the Greek Parliament established the Truth Committee on Public Debt  mandating the investigation into the creation and growth of public debt, the way and reasons for which debt was contracted, and the impact that the conditionalities attached to the loans have had on the economy and the population.The […]





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17
Jun

Greek BoG dramatic annual report warns of ‘uncontrollable crisis’, GREXIT & GREUXIT if no deal

Posted by in Economy, Politics

The governor of Central Bank of Greece, Yiannis Stournaras wrote his annual report and forwarded it to the Greek Parliament and Tsipras’ cabinet. In his 141-page report Monetary Policy 2014-2015, the former Finance Minister of Samaras-Venizelos government warned that Greece faces an “uncontrollable crisis”, if a deal cannot be reached […]





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