One more Eurogroup, one more… nothing. The usual film with the same actors each and every month. Τhe same pressure on Greece: full compliance or lay down and peg out. The self-congratulatory conservative Eurozone conclave tell the hungry: Athens would get no more aid until it agreed a complete economic …

The “embargo” that German Chancellor Angela Merkel had apparently imposed on her Finance Minister after the visit of Greek Prime Minister Alexis Tsipras in Berlin did not last long. Or was it no embargo but a spiritual Lent before Easter? Now that both the Western and Eastern Churches celebrated Jesus …

Did the Euro Working Group give ultimatum No 2,456,979,579 to Greece to comply with creditors’ additional austerity demands? It is not clear. Some European Commission “unnamed sources” told Reuters “it did”, others say “it did not.” Greek media reported that “Greece had 6 working days to present convincing measures that …

Can you imagine? It is Holy Thursday, you wake up and instead start dying Easter eggs and kneading dough for Easter sweet bread, you run to the bank and write a 450-million-euro check in order to avoid default. “Greece’s payment to  International Monetary Fund is scheduled for today,” media reported …

Greek representative to International Monetary Fund and one of the Fund’s  alternate executive directors Thanos Catsambas unexpectedly resigned on Wednesday. Greek media speculate whether Catsambas’ resignation has anything to do with the visit of Finance Minister Yanis Varoufakis to IMF last Sunday. Effectively Thanos Catsambas will step down from his …

Greek Finance Ministry felt the need to inform about the content of the talks Minister Yanis Varoufakis had with IMF’s managing director Christine Lagarde and officials of the US-Administration on Sunday and Monday in Washington. It is not common that the ministry issues a long press release on content of …

Greece had growth. Back in 2014. Everything was fine with the creditors, the unemployment was just 25% – from 27% the year before – the state was paying its suppliers and outstanding debts, consumers were spending money like there was no tomorrow and in addition there was also a primary …

“I welcome confirmation by the Minister that payment owing would be forthcoming on April 9,” managing director of International Monetary Fund told reporters after her meeting with Greek Finance Minister Yanis Varoufakis on Easter Sunday in Washington. Going to meeting with Varoufakis: Christine Lagarde of IMFogue in Anna-Wintour-look. Or just …

Οne day after the resignation of CSU vice chairman Peter Gauweiler, German coalition government seems to be seriously jeopardized by the now open dispute between Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble over Greece. In an interview to a German newspaper, Schaueble not only blatantly declared his naked antipathy …

Look what happened in Germany today! While the country’s conservatives directly or indirectly have been demanding that Prime Minister Alexis Tsipras should replace Finance Minister Yanis Varoufakis, a ultra-conservative senior ally of German Chancellor Angela Merkel resigned. Peter Gauweiler, the deputy chairman of the Christian Social Union (CSU) – the …

Greece’s Alternate Finance Minister Evklidis Tsakalotos revealed the determination of the government to “go to rift” if negotiations have no successful conclusion and the list of reforms would not be accepted. Speaking to private Star TV on Friday morning, Tsakalotos did not explicitly named the country’s creditors but it’s rather …

“If no solution is found with the partners, we will have an imminent liquidity problem,” deputy Prime Minister Yiannis Dragasakis told private Alpha TV on Thursday. “Since last August we have not received any bailout tranche, and so far both the previous government and we have paid our obligations to …

Now the confusion is perfect! A German satirical magazine on public ZDF claimed on Wednesday that it was program presenter Jan Boehmermann who manipulated the controversial “Finger”-video with Greek Finance Minister Yanis Varoufakis. A real manipulation or just a satirical claim pointing out to the manipulation possibilities through visual effects? …

I thought that it was only Stupidity that had no limits. I was wrong. It is also Boldness. Especially in Brussels the center of Europe that has mutated into the major command center  currently carrying the economic World War III.  Lost in ghosts of the past, the European Commission issues …

Well.. well… well… Τhe Kommandatur in Berlin wants to have Greek Finance Minister Yanis Varoufakis replaced. The first articles on this issue started to circulate a couple of weeks ago. There were claims that the German ambassador in Athens had intervene towards this direction. Along the way, the German intervention …

Liquidity problems? Greece’s official creditors had a genius idea. They apparently proposed to Athens to halt the payment of salaries and pensions for one to two months. This would allegedly tackle the problem of liquidity and find a solution to Greek problem of how to pay back bailout loan tranches …

Greece officially complained to Germany about an insulting statement by Finance Minister Wolfgang Schaeuble about his counterpart Yanis Varoufakis. The complain was verbal and was submitted by “the Greek ambassador to Berlin to the German Foreign Ministry on Tuesday evening,” Greek Foreign Ministry spokesman Konstantinos Koutras told journalists on Thursday. …

There is no cure for the Greek – German relations with insults and unacceptable descriptions to land into the minefields of both sides. There seems to be no sight of the verbal crisis diffusion, unless, German Finance Minister Wolfgang Schaeuble goes home and devotes himself to his rose garden. His …

After a long debate that ended in the early morning hours of Wednesday, the Greek Parliament decided to establish a committee in order to demand World War II reparations from Germany. And if this is not enough challenge towards the country’s biggest creditor, the Justice Minister assured, he was ready …

German state broadcaster ARD aired a documentary that shocked many conservatives, neoliberals and hardliners accord the German country. The documentary with the title “The trail of the Troika – Power without Control” , a documentary produced by RBB from network ARTE showed to Germans a different approach to the Greek …