The time of truth has come and the clock is ticking… The third round of voting for Greece’s next President will decide whether the coalition government of Nea Dimokratia and PASOK will stay in power or the country will head to snap elections. Sole Presidential candidate Stavros Dimas needs 180 …
Read More »Search Results for: Varoufakis
NYT op-ed: Only the Left Can Save Greece
Samaras’ coalition government did not fall apart, the prime minister of Greece survived another crisis, however the risk of early elections has not being averted. The economic austerity circumstances make the survival of any coalition government and Samaras in PM-chair for another three years almost impossible. Just to add some …
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 »(UPD) Ex-Euro-zone Leaders Support EU New Deal Plan, EU Bonds – Declaration
FRANKFURT -(Dow Jones)- A group of former euro-zone government leaders support a plan for the euro-zone to issue its own bonds and implement a “New Deal” economic stimulus program similar to the one undertaken in the U.S. in response to the Great Depression, German news magazine Der Spiegel reports Sunday. …
Read More »Guest Post: Greece – Anyone Here Feeling Rescued?
I love to receive interesting posts by KTG-readers. Different ideas and opinions enrich a blog anyway. An article on Greek economy and rescue efforts, written in a way that everybody can understand, is a must now a days for those who want to know the What and Why and Why Not as …
Read More »Economy Professor Sent Open Letter to Greek PM – Invites Him to Syntagma Sq
“The policy of government and the Troika is on deadlock” said for one more time Yanis Varoufakis, professor for economic theory at the University of Athens. Varoufakis, one of the main Greek opponents of the austerity program and the applied economic models,has repeatedly stressed that even if Greece achieves all goals by …
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