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Recent News

Venizelos (PASOK) Wants Revision of the Loan Agreement (MoU)

Leader of socialist PASOK, Evangelos Venizelos, tabled a proposal with six points concerning the revision of the loan agreement between Greece and its lenders. During his meeting with acting prime minister Panagiotis Pikrammenos on Monday, Venizelos claimed that Greece can achieve the revision of MoU, even though leading EU officials dismiss …

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UPD: Israel to Deploy 20,000 Commandos in Cyprus – Israel Denies Claims

 Turkish Anatolia news agency reported of Israel’s plan to deploy commandos to safeguard Israelis, natural gas plant on Cyprus. The news agency cites ‘anonumous source’ in the Greek part of the divided island. ANA estimates that the number of Israeli citizens in the area will rise to 30,000 people. ANA claims further …

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Troika IMF Reshuffle: Mark Flanagan to Replace Poul Thomsen?

This is the second time that it is being claimed,  IMF’s representative for Greece, Poul Thomsen, is going to be replaced. Economic news portal Capital.gr wrote in fact that he has been already replaced. By deputy mission chief for Greece, Mark Flanagan. An IMR-technocrat who worked out the Memorandum of Understanding for Ireland. …

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Greek Pharmacies on Strike, May 23/12

Pharmacies in Greece will remain closed next Wednesday, May 23/2012, as owners will launch a 24-strike to protest debts by the new health insurance umbrella EOPYY.  Pharmacists say that EOPPY owes them 270 million euro, while insurance funds have outstanding debts 250 million euro from 2011. Furthermore, pharmacists will not give prescription medication on …

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French FM Tells Greeks What to Vote…

In line with the German intervention attitude, newly appointed French Foreign Minister Laurent Fabious, a Socialist, urged Greeks to cast vote in favor of pro euro zone parties. Does Fabious know exactly which Greek parties are pro EZ and anti-EZ?   Newly appointed French Foreign Minister Laurent Fabius Monday said Greek voters must …

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DER SPIEGEL Exposes Schaeuble, Merkel on Euro-Referendum

German government insists to deny that Angela Merkel had suggested a euro-referendum to Greek president Karolos Papoulias on Friday. However, German weekly DER SPIEGEL supports the Greeks. The magazine insists that Merkel did indeed made such a proposal to Papoulias and added that the euro-referendum idea was brought at the table by …

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Greek Opinion Polls: ND and SYRIZA Duel for the First Place

With the official elections campaign to have started since yesterday, conservative Nea Dimocratia and left-wing SYRIZA deliver a head-to-head battle to secure the “championship” in the June-17 elections. Even though the parties have not clearly announced their programmes and their campaign currently focuses on populist slogans against each other. At the …

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It is Official: Greek Elections June 17th 2012

It is official. Next Greek elections will take place on June 17th 2012. The Parliament is set to convey again on June 28th, according to a Presidential Degree published on Saturday morning at 9 am. With the Presidential Degree the Parliament is being dissolved. As the elections are considered ‘repeat …

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Merkel’s Referendum Sets Greeks on Fire – Eurogroup Knew About it…

With her ‘alleged’ (?) euro-referendum proposal German Chancellor Angela Merkel achieved the impossible: to unite all Greek Parties against her! The pro-bailout and the contra-bailout parties alike. Despite denials from the German side and confirmations from the Greek side, there is still confusion on Saturday morning as to whether Angela Merkel …

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Merkel Orders Greeks: “Euro-Referendum” Together With June Elections

German Chancellor Angela Merkel “ordered” Greeks to hold a ‘euro referendum’ together with June elections. Merkel conveyed her ….thoughts to president Karolos Papoulias when she called him on Friday morning. In a statement released by the office of the Greek prime minister, it is said that Panagiotis Pikrammenos briefed the …

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EP Pres. Martin Schulz Teaches Greeks The Horror!

“Euro exit could be the beginning of a horror,” the president of the European Parliament Martin Schulz warned the stunned Greeks during an event in Athens and continued in a real morbid mood:”I ask those who think now that a horror end is better than an endless horror to think that exit …

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EU Commissioner, UK Money Printing Co: Playing Greece-Euro-Exit Games

What a day! Amid a barrage of warnings and threats for a Greek euro exit and UK companies making even offers to Athens to print there …Drachmas, a EU Commissioner puts the icing on top of  the euro cake. EU Trade Commissioner, Belgian Karel de Gucht claimed that the European Central Bank and the European commission …

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