Tuesday , February 11 2025

Recent News

Greece to Decrease Compensations to PM and Ministers, But Not to MPs

Greece’s alternate Finance Minister Christos Staikouras uploaded in open government a series of compensation cuts for the high-ranking officials of the country. The Prime Minister and the Parliament speaker, Ministers and alternate ministers will see their income been cut between 468 and 1,872 euro per month. The salaries for the …

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US-Treasury Ass. Secretary Collyns Met Greek Finance Minister Stournaras in Athens

 US-Treasury’s Assistant Secretary for International Finance Charles Collyns had a meeting with Greek Finance Minister Yiannis Stournaras in Athens on Wednesday morning. According to Greek media, Charles Collyns expressed the support of US-Finance Secretary Tomothy Geithner to Greece and his confidence to Greek efforts. Furthermore Collyns expressed the concerns of …

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EU-Sources to Reuters: Greece Will Need More Debt Restructuring

 As if the notorious and anonymous “EU-source” predicting and forecasting bad omens was not enough, two more “EU-Sources” popped up and all the three together told Reuters that Greece would need another debt-restructuring. However as the issue is too complicated there is no open discussion until now about this issue, the …

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Who Will Hold The Troika to Account for Asphyxiating Greece?

This is a good question posed by Ambrose Evans-Pritchard on British daily Telegraph.UK “Who will hold the Troika on Account for asphyxiating Greece?” Probably nobody…  “Germany has clearly taken the decision to expel Greece from the euro, whatever the new Greek government does. Vice-Chancellor Philipp Roesler says the “horror” of Greek exit has …

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Greek Foreign Ministry Considers Suspending Operation of Greek Embassy in Syria

 As fears surge that the Assad regime may use chemical weapons to combat the army of rebels, several diplomatic representations in Damascus prepare evacuation plans for their citizens. It looks as if Greece’ Foreign Ministry has prepared a similar plan as well. Greek Foreign Ministry statement: Foreign Ministry announcement on …

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