Saturday , February 24 2018

Recent News

Greece’s New Gov’t: Swear In Postponed from 2 pm to 4 pm

01:00 pm Oath of new Greek Gov’t postponed from 2 pm to 4 pm. Kind of ‘little’ problems in the composition of the new Cabinet. Three hours before the new Greek government takes oath and the staff of PASOK (Socialists), Nea Dimokratia (Conservative) and LAOS (far-right) add and delete names on …

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Lucas Papademos: Who is Greece’s New Prime Minister?

Lucas Papademos has been officially assigned by President Karolos Papoulias to form the new interim transition/national unity government that is expected to take Greece out of a major political crisis caused by the country’s debt crisis and EU, IMF and ECB-prescribed austerity measures. Greek media claim that “EU leaders and Greece’s …

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900K Greeks Without Job – Unemployment at 18.4% in August

Unemployment reached 18.4% in the month of August breaking the ‘barrier’ of 900K. According to data released by the Greek Statistics Authority (ELSTAT) 90,000 people lost their job last August. the total number of unemployed Greeks is 907.953. The news is more than shocking, then the summer months consider as …

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Zerohedge: Where does the Greek Bailout Money Go?

Where does the Greek bailout money go? That’s a good question! Here is a first approach posted in economics  portal zerohedge. “So yes, Greece is getting a bailout, but you can see why Merkozy got so scared at the idea of a referendum.  The bulk of the money that Greece …

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Greece Officially: Papademos Assigned New PM- Live Blogging

03:12 pm KTG’s impression from new PM: he speaks like an academician & banker and looks like non-smoker lol Time for a long break on the Greek Gov’t issue- KTG will come back when there clear answers to the questions (see below) 03:09 pm Papademos said, there were not given …

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How Greeks Reacted to Unity Gov’t Fiasco?

“What a shaaaame, no ethics, nothing” Marina calls me the minute the unity government talks officially failthrough. And Konstantina calls me little later laughing out loud “He addressed the people and paid farewell. Is he still a prime minister? is he? hahaha! Unbelievable!” Spyros describes the whole as “A pure disgust!” The long …

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Greece Desperately Seeks a Prime Minister LOL

“If you recieve a phone call from telephone number 210-00000000-1-2-3, do not answer! I repeat, DO NOT answer the call!  Should you accidentally pick up the phone, do not answer with “Yes…(?)”.  Maximos Mansion (Greek PM’s Office) has assigned people to call around ransom telephone numbers. This first oblivious man or woman who …

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Sarkozy to Obama: Papandreou is “crazy” and “depressive”

Oh là là ! President Nicholas Sarkozy allegedly used some ….”French” to describe George Papandreou’s mental state. According to Le Parisien, Sarkozy told US president Barack Obama, that Papandreou is ‘crazy” and ‘depressive”. The secret dialogue between the two presidents took place in a …dark corner of G-20 meeting in …

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Greece New Unity Gov’t: “Farce” Turned into “Fiasco”

Conclusion: At the end of the day…The “Farce” turned into “Fiasco”. Unity Gov’t talks to ressume Thursday at 10 am.  I think, Papandreou is still PM. Need somebody to pinch me! Live Blogging is over. Don’t drink too much!  George and Antonis trying to catch the moon…. 07:57 pm Prez …

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Greeks Withdrew €5.5 billion in September ’11

The nightmare of Greek banks continues non-stop and deposits withdrawals move in fast track under the tropical of emergency taxes and income decreases in times of economic and political instability. Greek households and enterprises withdrew a total of 5.5 billion euro in the month of September, according to data released by …

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Greece’s New Gov’t: Hey, Captains? They said WOT?

When I woke up this morning I was feeling fine. Fine? On the fifth day of fierce negotiations, scenarios, rumors and turnarounds, nothing had changed in Greece. George Papandreou isstill the prime minister – at least typically. Now a new PM name makes the round: Vassilis Skouris, President of the Court …

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