maintop
Recently Added
12
Oct

The New Black Holes in Greece’s Budget Deficit

Posted by in Economy

Greeks suffer under the harsh austerity and Greece’s Budget Deficit is growing…  Huge ‘black’ holes appeared in the period Jan-Sept 2011 and Athens seems unable to meet its fiscal targets. Direct and indirect taxes pour into the barrel without bottom and the state has to collect 5,5 billion EUR to meet […]

Continue Reading »

12
Oct

What’s Up in Greece on Oct 12?

Posted by in Very Mix

Anger and protests are up in Greece against the plans agreed by the Greek government and the Troika to impoverish a whole nation as soon as possible. Employees at the public sector and state-run enterprises started to ‘occupy’ ministries and state institution buildings as early as 6 o’clock in the morning. There […]

Continue Reading »

11
Oct

IMF & Co Give “Green Light” for 8b EUR to Greece

Posted by in Economy

Greece’s lenders representatives in Athens, also known as the “Troika”, released their report on fiscal progress and gave the green light for the 8 billion EUR. The sixth bailout tranche would be released to Greece most likely in early November, after the Eurogroup & IMF approval of the progress report. Finance Minister […]

Continue Reading »

11
Oct

When Greeks Make Fun of Political Leaders…

Posted by in Photos, Politics

It’s all over the Greek internet. The Steve-Jobs (God rest him in peace) photo parody with Greek politicians. It started with PM Papandreou and “No Jobs”.  PM George Papandreou Today there is a whole series with the majority of Greek political party leaders. Enjoy! Major opposition Nea Dimokratia & Antonis […]

Continue Reading »

11
Oct

Wanna Know Why Greece Went Bankrupt?

Posted by in Economy

OK, Greece went bankrupt partly because of the tax evasion. Partly because of 1,000 reasons. But most of all because of the scandalous wages in the public sector and state-run enterprises. There is this delicious report of Greek newspaper Proto Thema  on its online edition. The report focuses on the transfer […]

Continue Reading »

11
Oct

What’s Up in Greece on Oct 11?

Posted by in Uncategorized, Very Mix

Strikes, occupations of state buildings, tons of garbage on the streets and anticipation on Troika’s first taste report on the sixth bailout tranche are up in Greece, while Greek bondholders get ready for a haircut. Eurogroup president Jean-Claude Juncker did not exclude a Greek haircut of more than 21%. Speaking […]

Continue Reading »

10
Oct

Troika’s Best: Sacrifice Private Sector for …Public Sector

Posted by in Economy, Society

The shameless e-mail the Troika-guys sent to Greek government and demanded the lowering of lowest wages has be given to public by the private sector union GSEE during a press conference on Monday. The Troika technocrats demand the cancelling of the Labour National Bargain, the decrease and the freezing of […]

Continue Reading »

10
Oct

Media Markt-SATURN Closes Shops in Greece

Posted by in Economy

Investments here, investments there, the retail market is frozen and big chains do their arrangements with firing personnel or closing down. Big German chain of stores with consumers electronics Media Markt Saturn announced the closure of three big stores in Athens and Thessaloniki on Monday afternoon. Media Markt issued a statement after Greek […]

Continue Reading »

10
Oct

UPD v. Rompuy: EU Summit One Week Later, Oct 23

Posted by in Economy

UPDATE: Greek Prime Minister George Papandreou had a telephone conversation with Herman van Rompuy and the two men agreed to meet as soon as possible, most likeley this week in Brussels. After a round of consultations last week and over the weekend, inter alia with the Presidents of the Commission […]

Continue Reading »

10
Oct

Greek FinMin: You Are Getting Poorer, folks!

Posted by in Economy

 I dont’ know if I should laugh or cry – or even scream about what Finance Minister Evangelos Venizelos told parliamentary committee on economic affairs. “Unfortunately incomes will fall to those of 2004 and living stands as well” he said and stunned Greeks, who feel they live already in the […]

Continue Reading »


KTG FAQ

Paris Demo ISS

Cats vs Xmas Tree

Calendar

January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031  

All Over the World

Archives

free counters