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Search Results for: Athens overhaul

Greece resists to IMF’s demands for further pension cuts

Greece cannot accept demands from the International Monetary Fund to cut its pensions yet again in order to achieve a primary surplus target in two years, Greek Finance Minister Euclid Tsakalotos said on Thursday. Athens has proposed an overhaul of its pension system to make the system viable by increasing …

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European lenders & IMF disagree as Greece prepares Pension cuts

The Greek government is not under pressure only due to the Refugee Crisis. The Program Review is still due, with the European Union and the International Monetary Fund to disagree on “the fiscal efforts” required by Greece. Prime Minister Alexis Tsipras assured the Greeks last night, that the representatives of …

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Pressure in Davos: Reports claim Schaeuble wants Grexit debate in 2016

A storm is brewing over Greeks’ heads with German Finance Minister Wolfgang Schaeuble to insist on Grexit? According to Wall Street Journal, Greek Prime Minister Alexis Tsipras is trying his best to avert a fresh confrontation over Greece’s bailout, the country’s broken finances and the participation of the International Monetary …

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Troika vs Greek FinMin: 100 installments for debts to tax office; do the maths…

After a planning that lasted several months,, Greek Finance Ministry set the guidelines for debtors to the the tax and customs offices. “Outstanding debts can be paid back in 72 or 100 installments,” mainstream media herald adding that “this is a big gift by the General Secretary of Revenues” to …

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Greek PM announces sweeping changes to Constitution

Prime Minister Antonis Samaras on Wednesday presented his party’s proposals for sweeping changes to the Greek Constitution, heralding reforms that would reduce the terms of state officials and increase the accountability of ministers as well as the transparency of political parties. The proposed reforms, outlined before an audience of New …

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Catch up with weekend news: taxes, health care and smog

It’s always difficult to catch up with the news if there has been a blogging break for a couple of days. And it is more difficult when re-start blogging occurs on a Monday. Nothing extraordinary important occurred during the weekend. Bloggers need a break from time to time, to step …

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Kozani: a ministerial pat to a pupil crying about lack of teachers (video)

What does a minister do,when a pupil  bursts into tears in front of him, overwhelmed by the shortages in education? He gives a pat on the shoulder and most probably also wishes ‘good luck’. Or something like that. Because in Greece of Troika and lenders, there is not much a …

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Greece – Euro Zone Summit

With eyes turned to Euro Zone Summit and holding their breath Greeks monitor the overwhelming developments in Brussels, lurk for the slightest official or off the record comment that could hind or imply a positive or negative development for the Greek debt crisis. The aim is to reduce the massive Greek debt, to help …

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EU Council Van Rompuy to Greeks: Unavoidable reforms for better tomorrow? You don’t say…

Oh these EU technocrats, percentage calculators  and professional politicians. Especially those from the far away Brussels who take crucial decisions for the fates of the European taxpayers who enable them to live in glass cocoons. European Council President Herman Van Rompuy, currently in Athens, urged Greece to continue with unavoidable, ‘painful but necessary’ reforms and said it was vital …

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