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10
May

Tsipras Letter to Barroso & ECB: “May-6 Elections Results “De-Legitimize Loan Agreement”

Posted by in Politics

Leader of left-wing SYRIZA, Alaexis Tsipras sent a letter to the highest officials of European Union and European Central Bank. In his letter Tsipras stressed in his letter that the results of May-6 elections “politically de-legitimize the Memorandum of Understanding, a loan agreement that failed to meet its own targets.” […]

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10
May

What Will Happen if Greece Leaves the Euro?

Posted by in Economy

There is so much talk these days about a possible euro exit of Greece, especially under a left, anti-bailout government. I found an very interesting article about the consequences for Greece and the other Euro countries. The author, an Italian, asked several market experts on the impacts that “such a shock” would […]

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10
May

Kouvelis: Ecumenical Gov’ Until 2014, Gradual Bailout Disengagement

Posted by in Politics

Fotis Kouvelis, leader of Democratic Left, made a statement after meeting Evangelos Venizelos form PASOK, who has the mandate to form a coalition government. Kouvelis offered a counter proposal: ” The time of truth has come” Kouvelis said while his statement was on live broadcast. “I offered Venizelos to form […]

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10
May
http://www.keeptalkinggreece.com/2012/05/10/athen-stock-exchange-rises-4-19-markets-vote-for-venizelos/ tagged: , , , ,

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Athen Stock Exchange Rises +4.19: Markets “Vote” for Venizelos?

Posted by in Economy

It looks as if markets vote for former Finance Minister Evangelos Venizelos in contrast to the Greek people. General Index of Athens Stock Exchange rose on Thursday and banks recorded a +5.26% increase, after strong pressure on three consecutive days, and after the leader of PASOK was appointed by the Greek president to lead exploratory […]

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10
May

EFSF – Greek Bailout Tranche: €4.2 Bn Now, “One Billion Later”…

Posted by in Economy

Panicked by the perspective of an anti-bailout left government in Greece that could set a bad example for other bailout countries and folks, Greece’s lenders use all means to increase pressure and tame future prime ministers and voters. Instead of releasing the full May-tranche amounting 5.2 billion euro, the EFSF  released only 4.2 billion […]

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10
May

Unemployment in Greece: 21.7% in February 2012

Posted by in Economy, Society

900 people were losing their jobs on a daily basis in February 2012, pushing  the unemployment rates to 21.7%. According to Greek Statistics Authority (ELSTAT) the number of unemployed in 1,070,724 people and the number of employed suffered a 8% decrease, when compared to February 2011. Among the youth, younger […]

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10
May
http://www.keeptalkinggreece.com/2012/05/10/greece-cuts-free-medical-care-to-illegal-immigrants/ tagged: , ,

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Greece Cuts Free Medical Care to Illegal Immigrants

Posted by in Very Mix

An urgently issued circular by the Greek Health Ministry urges public hospitals to cut free medical care to illegal immigrants, i.e. migrants without legal documents like residence permit. From this new measure are excluded extreme emergency incidents that put the life on one in risk. Also excluded are cases of illegal immigrants […]

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10
May

Who Governs Greece Right Now?

Posted by in Politics

Amid the elections results, the scenarios of forming a government and the pressure by Greece’s lenders we almost forgot to mention an important issue: Who Governs Greece right now? Officially there is a caretaker government under former PM Lucas Papademos until the new government is formed. However the hazardous elections […]

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10
May

WSJ: SYRIZA and Tsipras Get 25% in After-Elections Public Opinion Surveys

Posted by in Politics

Does the strong anti-austerity line of left-wing SYRIZA leader Alexis Tsipras boost the party in the awake of fresh elections? Apparently it does, according to Wall Street Journal, that considers the possibility of Tsipras to emerge as the biggest winner in potential upcoming fresh elections. “Tsipras, strengthened by a broad coalition […]

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10
May
http://www.keeptalkinggreece.com/2012/05/10/greek-gov-talks-and-the-baton-goes-to-venizelos/ tagged: , , , , , ,

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Greek Gov’ Talks: …and the Baton Goes to Venizelos!

Posted by in Politics

Can the leader of a party that suffered a great defeat of -30% at the May 6th elections form a coalition government? Socialist PASOK-leader Evangelos Venizelos believes he can. While two days ago, he implied he wouldn’t accept the mandate to lead exploratory talks, after failed negotiationswith Alexis Tsipras from left-wing […]

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