Sunday , September 24 2017
Home / Tag Archives: Greek Crisis

Tag Archives: Greek Crisis

IMF Thomsen: Greece will need at least 20 years to return to pre-crisis levels

Greeece will need at least twenty years to have its GDP return to pre-crisis levels. This message full of … spring optimism was transmitted by Poul Thomsen, in charge of the European program of the International Monetary Fund. Speaking at a conference in the University of Oxford, Poul Thomsen said …

Read More »

Hillary Clinton’s emails: US interest in Greece’s crisis is pure geopolitical

Greece’s economic meltdown in 2010 was a subject of special interest for U.S. policymakers, including then-Treasury Secretary Timothy Geithner, according to the latest batch of Hillary Clinton’s State Department emails. According to an exclusive report of CNBC, some of the Clinton’s email reveal and confirm that it was nothing but …

Read More »

Study: Germany made €100bn profit on Greek crisis

What? I don’t believe it! Rea-lly? Germany made a 100 billion euro profit on Greek crisis? No, kidding? HA! And yes, so it is! A study conducted by a German Economic Institute has shown that every time investors got bad news about Greece, they rushed to Germany’s ‘safe haven’ with …

Read More »

Outgoing BoG Governor had “sleepless nights” not knowing what currency Greece could possibly have

Outgoing Governor of Bank of Greece Giorgos Provopoulos certainly touched the heart of millions of Greek jobless and low-pensioners who shared with him more or less and for other reasons the nightmare of the Greek crisis. In the same mode like his successor Stournaras, Provopoulos claimed he spent sleepless nights …

Read More »

Study: 500 male Greeks committed suicide “solely due to fiscal austerity”

Spending cuts in Greece have caused some 500 male suicides since their implementation, according to a new study. The research found a positive correlation between austerity and suicide rates after other possible links proved to be unrelated. The 30-page study, titled ‘The Impact of Fiscal Austerity on Suicide: On the …

Read More »

Samaras in Berlin – Merkel sees light in the Greek tunnel

“Germany will do everything it can to help Greece for a successful EU presidency,” said German Chancellor Angela Merkel during a joint press conference with Greek Prime Minister Antonis Samaras. “We are beginning to see light in the tunnel ,” she concluded stressing that Germany supports the tough decisions in …

Read More »

Karl Lagerfeld: “Greeks have disgusting habits”

What? We, Greeks, have disgusting habits? So nauseatic like drilling deep in our nose in public? Excavating our ears? Coughing and sneezing in the face of the other? Spitting on the street and making everything but appetizing noises while we eat? But Noooo! Darling, there are people that do not …

Read More »

EU-Sources to Reuters: Greece Will Need More Debt Restructuring

 As if the notorious and anonymous “EU-source” predicting and forecasting bad omens was not enough, two more “EU-Sources” popped up and all the three together told Reuters that Greece would need another debt-restructuring. However as the issue is too complicated there is no open discussion until now about this issue, the …

Read More »

The Prism GR2011: The Greek Crisis in 3′ and 15″ (video)

The lenses of 14 photojournalists made it possible to capture the agony of Greeks living deep in the economic crisis. From Evros in north-eastern Greece down to Crete in the south, and from Macedonia to Dodecanese, the reporters gave their own view of the Greek crisis. 27 multimedia stories explore …

Read More »

IS this the EU we wanted? I don’t think so…

The European road has its reached dead-end. Call it “Greek crisis”, call it “Euro crisis” the European leaders prove day in day out that they are not able to deal with this challenge. EU leaders live in their own happy-go-merry world with some aging EU-gentlemen ridiculte themselves by  claiming they are sexy. If …

Read More »

Euro-Crisis: It’s all Greek to you…

…but it’s Chinese to me! Then for us, Greeks, the idiom “It’s all Greek to me” makes really no sense. However, whether in Chinese or in Greek, the Greek crisis makes no more sense to anybody. The Eurogroup in Luxembroug postponed its decision to release the 5th tranche of 12 billion …

Read More »

Hermes:When Greek Crisis inspires Script Writers

The Greek huge debt does not only force economists and politicians to be productive and constructive. The Greek economic crisis can also be very inspiring for script writers. A theater play called “Hermes” presents four derivative traders seeking by all possible mean and greedy means to benefit from the Greek economic collapse, …

Read More »