Sunday , September 24 2023

Recent News

Athens Stock Exchange Records New Lows Amid Uncertainty

Athens Stock Exchange recorded new lows on Wednesday, with the General Index at -2.41% and big losses for the banks and the FTSE20. Having gone down to 717.93 points, the ASE is especially vulnerable to the financial crisis within the euro zone. To this one should add the ‘haircut’ of Greek bonds talks in …

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New Greek PM Wins Vote of Confidence With Overwhelming Majority

Greece’s new Prime Minister Lucas Papademos received the confidence vote at the Greek Parliament on Wednesday afternoon with  255 YES and 38 NO out of 293 voters in a Parliament of 300. Two PASOK deputies and one from Nea Dimokratia voted NO.. All left parties voted NO to the new Greek …

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Indignant French Dance Solidarity-Sirtaki For Greece (video)

Oh, that’s nice! Dozens Indignants from France try to dance Sirtaki in Paris under the tunes of  “Zorba the Greek” composed by Mikis Theodorakis. A small group gives the lead and soon all Indignants at La Defense square hold each other on the shoulders and dance to the music. On 11.11.11, the Indignant French sent …

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Ex-PM Simitis to Sarkozy: “Greece Has Not Cheated!” To Enter The Euro Zone

Former Greek Prime Minister Costas Simitis wrote an article to French newspaper Le Monde, directly answering Nicholas Sarkozy claims that  “Greece falsified statistical data in order to join the Euro Zone.” Simitis also indirectly gives an answer to Le Monde article claiming Goldman Sachs was the major Greek debt falsifier. Costas Simitis: …

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IIF’s Dallara in Athens for Talks with Greek PM, FinMin

Charles Dallara, managing director of Institute for International Finance (IIF) is rushing to Athens on Wednesday for talks with Prime Minister Lucas Papademos and Finance Minister Evangelos Venizelos. The talks will focus on the participation of private investors holding Greek bonds and the proposed 50% ‘haircut’. In Frankfurt, Germany, talks …

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Athens: Armed With a Sword, High School Student Runs Amok

That was a real shock for students and teachers, this morning in Athens when an 18-year-old run amok swinging a … Ninja-style sword. The teenager  wounded slightly the deputy director and a guard of the school who were taken to the hospital. Eyewitnesses report of unbelievable scenes that occurred in the …

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Le Monde: Draghi, Monti, Papademos – What Do They Have In Common?

Goldman Sachs, the US investment bank, rules Europe through three of its men in top positions, claims French newspaper Le Monde in its article ” Goldman Sachs – the link between Mario Draghi, Mario Monti and Lucas Papademos” by London correspondent Marc Roche. Le Monder refers to the common link between Draghi …

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Post-Post Modern Coup D’ Etat – It’s the Markets, Stupid!

Unelected but appointed leaders head the governments of  two of the four debt-ridden countries of the euro zone. Lucas Papademos in Greece, Mario Monti in Italy. The so-called ‘national unity’, ‘salvation’ or ‘coalition’ governments in both countries came into power under the time pressure applied by markets attacks. Their tactic is known meanwhile: a …

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WOW! Greek FinMin Sings in a Heavy Metal Band? (video)

 It makes the rounds and cheers thousands of Greek internet users: a video of British heavy metal band  GRIM REAPER. Singer Steve Grimmett ‘satanically’ resembles …Greek Finance Minister Evaggelos Venizelos.  No, it’s not the work of a crazy video artist or an evil editing. It’s real …. Video: embedded by Embedded VideoYouTube Direkt …

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