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27
Jun

KTG-report: “Finally, Tsipras did something!” Yet, not all Greeks think, Referendum is the right decision

Posted by in Society

“Finally, he did something! I don’t know if it is good or bad, I cannot think of the consequences right now, but Tsipras finally did something,” Nikos tells me Saturday afternoon, a couple of hours after Greek Prime Minister Alexis Tsipras announced a Referendum on creditors’ proposals. I asked around […]

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27
Jun

Greeks rush to ATMs to withdraw cash as PM announces Referendum

Posted by in Economy, Society

It started with a false claim and soon spread like wild fire. The claim on Friday evening was that a certain Greek bank had limited cash withdrawals from ATMs. The claim ‘coincided” with the fact that it was a pension payday and people had gone to the ATMs to withdraw […]

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27
Jun

Tsipras’ speech on Referendum (Full text in ENG & Video with ENG subtitles

Posted by in Politics

Below is the full text of Greek Prime Minister Alexis Tsipras announcing and justifying the Referendum on Creditors’s proposal. The Referendum will be held on Sunday, July 5th 2015. Today, Saturday, the Greek parliament will vote to adopt the government proposal on Referendum. Debated stated at 12 o’clock noon and […]

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26
Jun

+++ PM Tsipras announces Referendum on Creditors’ Proposal , July 5th/2015

Posted by in Politics

Athens – Live blog started 12:51 Greek Prime Minister Alexis Tsipras is expected to address the nation still tonight. According to Greek media, Tsipras is to announce a Referendum that most likely is expected to be held on Sunday, July 5th 2015. Currently PM Tsipras is briefing opposition party leaders on […]

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26
Jun

Gov’t sources: Greece rejects creditors’ proposal for 5-month extension & €15.5bn

Posted by in Economy

Greek government rejected on Friday afternoon the creditors’ proposal for a 5-month program extension and  €15.5 billion funding. Citing Greek government sources in Brussels, several Greek media report: “The government rejects the proposal of institutions to extend the existing Greek program, with a funding of 15.5 billion EUR. The same […]

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26
Jun

Shocking! Human smugglers abandon disabled people at islands’ cliffs

Posted by in Very Mix

It is really shocking. Human smugglers abandoned four people with disabilities on the cliffs of the island of Symi. Exposed to sun and sea, four people with disabilities and special needs were located on the rocky bay of “Marathountas”. Among them a 70-year-old woman sitting on a wheelchair. And a […]

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26
Jun

Tusk: “Gave Over” Tsipras: “Greece’s 1.5m jobless & 3m poor are not a Game”

Posted by in Economy

Croupier and European Council President Donald Tusk told Greek Prime Minister Alexis Tsipras during the EUCO Summit on Thursday”Gave over.”Prompt and tough was the answer by the PM. “Greece has 1.5 million jobless, 3 million poor and thousands of families that living on grandparents’ pension. This is not a game”. […]

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25
Jun

Brilliant Eurogroup statement: “Ministers invited Greek authorities to accept Institutions’ proposal”

Posted by in Economy

Brilliant. No more comment can be added. Below the Eurogroup statement issued after the EG finance Minister ended without agreement. “The Eurogroup was updated on the state of play of the intensive negotiations between the institutions (the European Commission, the European Central Bank and the International Monetary Fund) and the […]

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25
Jun

Eurogroup ends without deal, Merkel threatens “deal vs markets” & the IMF says “no default if payment missed 30.6″

Posted by in Economy

After lots of anger and disagreement the Eurogroup ended on Thursday afternoon without a deal. Exiting the meeting, Greek Finance Mnister Yanis Varoufakis said that the Eurogroup decided to continue talks today and tomorrow and thus on the two documents submitted both by the creditors and Greece. “Discussion will continue […]

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25
Jun

Creditors make concessions to Greece, EURO FinMins “revolt” as farce reaches peak

Posted by in Economy

Papers with proposals have been flying around and the eurogroup is reportedly to deal with two separate proposals: the creditors’ proposals prepared on Thursday morning and the latest Greece’ proposals submitted to creditors Thursday. The technical teams were unable to produce one singe paper/proposal to be the basis for the […]

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