Keep Talking Greece

7 Out Of 10 Greeks Abandoned the Dream Of Summer Vacations

August 11, 2012 11

What is a Greek family worth, if mom, dad and kids cannot swim in the sea? Already in the 1980’s Andreas Papandreou* launched the slogan of Greek summer identity: “Swimming for the Common People!” (Τα μπάνια του λαού). A socialist concept for summer where every Greek, especially low-income families, had the right to affordable summer …

Economist: “Tempted Angela?” – Merkel Contemplates On How to Break Up the Euro

August 10, 2012 6

Is German Chancellor Angela Merkel trying to save the euro? Despite German claiming so, The Economist believes rather the opposite. That Merkel is trying to break up the euro. Angela Merkel is been featured contemplating on the euro future – next to her a bottle of whiskey and a cup of …

ECB-Draghi Calls On Bailout Countries to Further Lower Minimum Wages

August 10, 2012 12

Mario Draghi, head of European Central Bank found the solution to to production, especially in the bailout countries of the Euro Zone. “Urgent need to improve competitiveness and have labour forces work for dumping prices through further lowering the minimum wages” is the magic formula proposed by the ECB-chief. In the monthly …

Roubini: Greece to Exit Eurozone, Government to Collapse 2013

August 9, 2012 2

Nouriel Roubini, the famous economic guru with the grim, Kassandra-style forecasts made a prediction: In 2013, Greece will exit the Euro and Samaras’ government will collapse. Multi-conference talker and frequent-flyer Roubini did not bother to write his arguments on the issue, he just twitted the summary of his well-worked out thoughts. Roubini ‏: …

Ex PMs & Parliament Speakers Still Enjoy An Army of Employees

August 9, 2012 8

I am afraid, Greeks’ nerves undergo tiring endurance tests on a daily basis. The recent news story of Parliament Speaker Vyron Polydoras who used the position he kept for two days in order have his daughter hired at his office is the latest cause for journalist to start digging to old Parliament …

As Recession Deepens, Greece Seeks the “Big Foreign Investor” To Change the Negative Atmosphere

August 9, 2012 6

Where is the Big Foreign Spender to invest in Greece and change the pessimistic and negative atmosphere? Where is the One who will let capital flow in the debt-ridden country and restore the image of bureaucratic and entrepreneurship-hindering Greece? Where is the foreign Goldfinger who will turn Greece into a trust-worthy country with …

EOPYY Doctors To Charge Insured Patients (Aug 20-Sept2/2012)

August 9, 2012 Comments Off on EOPYY Doctors To Charge Insured Patients (Aug 20-Sept2/2012)

Private doctors collaborating with Greece’s National Organization for Health Care Provision (EOPYY), decided to stop offering their services on credit and charge insured patients. This so called “warning mobilization” will be implemented from August 20th to September 2nd, 2012. With the action called “work retention”, doctors want to put under pressure the …

Greece Breaks New Record. In …Unemployment!

August 9, 2012 Comments Off on Greece Breaks New Record. In …Unemployment!

Unemployment successfully managed to break a new record and climbed up to 23.1% in May 2012. According to Greek Statistics Authority (ELSTAT), unemployment in May 2012 rose to 23.1% from 22.6% a month earlier. In comparison unemployment was 16.8% in May 2011. The total number of jobless Greeks is 1,147,372 men …

Tough Times for Greek Patients as Doctors, Pharmacists Plan Boycotts – Again!

August 9, 2012 4

The situation is getting out of control here. Greece seems unable to pay its obligations to personnel and suppliers in the health care, doctors and pharmacists are getting ready to boycott patients’ access to health care. Private doctors want to suspend their work contracts with Greece’s National Organization for Health …

“EU Source” Claims No €31-Billion Bailout Tranche Before October

August 8, 2012 4

The notorious but anonymous “EU source” spoke again. And said that Greece would not receive the €31-billion bailout tranche before upcoming October. Greece has been expecting to receive the financial aid in September, but the EU source claimed Greece’s lenders won’t give any green light to the tranche, before the Eurogroup meeting in …

Juncker: “Some Greek Newspapers See Merkel as Late Heiress of the Nazis”

August 8, 2012 4

Is this some kind of avantgarde humor from Luxembourg? The country’s prime minister and head of the Euro group, Jean Claude Juncker told German public broadcaster WDR, that “some Greek newspapers treat German chancellor Angela Merkel as if she were the successor of the Nazis. Juncker was speaking about Greece when he …

Greek Government Crisis No 2: The Hot Potato of “Labour Reserve”

August 8, 2012 Comments Off on Greek Government Crisis No 2: The Hot Potato of “Labour Reserve”

Greece’s three-party coalition government faces a new test. The cohesion of Samara’s government is under strong pressure due to some measures essential to reach the volume of 11.5 billion euro spending cuts. Precisely the issue of “labour reserve” in the public sector threatens to bring Greek government into falling apart. Two junior government …