Keep Talking Greece

German FinMin Ruled Out 2. Bailout for Greece and 2. Debt Restructuring

September 22, 2012 4

Three times “Nein!” German Finance Minister Wolfgang Schaeuble ruled out a third bailout to Greece, any extension to the second bailout program and a possible second debt restructuring. German Finance Minister Wolfgang Schaeuble ruled out more financial help for Greece, saying the last bailout stretched international creditors to their limits. Schaeuble, …

A Very European Break Up: Satire on Greek-German Relations (Video)

September 21, 2012 1

It is not secret that relations between Germany and Greece are very troubled. If the two countries were a married couple, they would have certainly have to seek professional counseling, should they want to save their marriage. Bob Denham , a young British director, describes with humour not only the troubled Greek-German …

Head of Muslim Association in Greece Labels PM Samaras “Biggest Racist”

September 21, 2012 41

What is the purpose of adding oil to the fire when there is already tension anyway? Head of Muslim Association in Greece labeled Prime Minister Antonis Samaras as Greece’s “biggest racist.” Naim El-Ghandour was speaking at a press conference in Athens, where writers, journalists and academics criticized the provocative film The Innocence …

Germany Rejects WWII Reparations to Greece as “they lost their relevance”

September 21, 2012 1

Germany rejects any War World II reparations to Greece for two reasons: a) “The federal government assumes that after several decades, the question of reparations has lost its relevance” and b) “there is no single official contact between Germany and Greece where this topic has been raised”. So said Martin Schaefer, spokesman for German …

Greece’s Creditors Dispute on Greek Bailout, While Germans Speak of Fresh Debt Restructuring

September 21, 2012 Comments Off on Greece’s Creditors Dispute on Greek Bailout, While Germans Speak of Fresh Debt Restructuring

Greece’s economy, debts, loans and inability to take the problems under control spark fierce discussions not only among the locals like taxpayers and tax-evaders, unionists and unemployed, employees and pensioners, representatives of political parties. Equally involved in the dispute are the country’s international and European creditors, taxpayers around Europe and economists. However …

EU Commission: A Week Long Time-Out For Greek Bailout Talks

September 21, 2012 Comments Off on EU Commission: A Week Long Time-Out For Greek Bailout Talks

The representatives of Greece’s lenders, the so-called Troika, are leaving Athens, even though it seems that the negotiations on the spending savings package have not concluded yet. An EU Commission spokesman told reporters in Brussels, that the Troika “will be leaving this weekend and will return in about a week. the spokesman …

SYRIZA MP: “Greeks Face an Unprecedented Humanitarian Catastrophe”

September 21, 2012 4

“Greeks face an unprecedented humanitarian catastrophe as health, education and public administration collapse, salaries and pensions shrink, while the unemployment is on the rise with one out of two young people without job,” Rena Dourou, MP from left-wing SYRIZA, told Austrian newspaper “Wiener Zeitung“. “The policies of IMF bring nothing except deeper recession and …

Greek Municipality Suspends Operation Due to Economic Problems

September 21, 2012 Comments Off on Greek Municipality Suspends Operation Due to Economic Problems

A first in Greece: Acharnon Municipality, a suburb of Attica prefecture, suspended its operation due to economic problems. The decision was taken on Thursday evening at the meeting of the city council. Acharnon Municipality said, it was unable to pay employees and to cover fixed costs. A notice uploaded on the municiaplity’s website …

Greek FinMin Got a New Idea: Poll Tax of 150 EUR on the Way…

September 20, 2012 2

And when you think, you’ve seen everything, Greece’s Finance Ministry is always good for surprises – under the Troika pressure, of course… Finance Ministry reportedly surprised coalition governemtn partners Venizelos (PASOK ) and Kouvelis (Democratic Left) during their meeting with Prime Minister Antonis Samaras on Thursday: A poll tax of minimum 150 euro. Imposed to whom? …

Do You Have an Idea What’s Really Going On in Greece?

September 20, 2012 21

Many trees make a big forest. And many puzzle pieces make a big picture. Let’s take the example of a normal day, like today: September 20th. It would be a normal day some years ago. Let’s say in 2005. People would go to work without any problems, would do their duty and return home. Members …

Santorini: Two Nigerians Arrested for Selling Varnish as Euro-Multiplier

September 20, 2012 Comments Off on Santorini: Two Nigerians Arrested for Selling Varnish as Euro-Multiplier

Have you ever thought about unconventional ways to multiply your money? I’m not talking about “tax evasion” and things like that. I’m talking about a magic formula that would turn your 300 euro into …30 or 300 thousands or even better to 30 million. Unbelievable? You think… A 34-year old …

Athens: Protesters Boo FinMin, Riot Police Fires Tear Gas Against Protesting Policemen

September 20, 2012 Comments Off on Athens: Protesters Boo FinMin, Riot Police Fires Tear Gas Against Protesting Policemen

This that did not happened a couple of weeks ago, occurred on Thursday morning. Riot Police fired tear gas against protesting policemen, firefighters and coastal guards. Riot Police vs Protesting Police According to Greek media, the unionists had formed a human chain outside the Maximos Mansion in order to prevent …