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Search Results for: commissioner

Olli Rehn: Greek haircut did not happen in 2010 in order to save European banks and EU member states

It’s official! What we thought and reported about back in 2010 and 2011 about why there was no haircut of Greek debt, it’s been now officially confirmed by EU commissioner Olli Rehn. “Greek debt did not undergo restructuring ( haircut ) in 2010,  in order to avoid contagion of the …

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Find spiritual transquility with Greece’s blessed EU partners

I feel a wonderful peace inside me today. It’s so beautiful, I find it hard to explain or describe it by words. It feels like resting in the arms of the angel, like being touched by the lighthearted flutter of a higher power.  I am about to reach the highest …

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Greece celebrates EU Presidency with strict austerity

“Free coffee for journalists in the press room finished at 12 o’ clock,” a newswoman knew to report on a private television channel. Debt-ridden Greece could not but apply strict austerity measures during the opening  ceremony of the 5th Greek EU Presidency. The much-appreciated silk scarfs and ties were crossed …

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European Parliament points conflict of interest within the Troika of IMF, EU, ECB

The European Commission and the European Central Bank had conflicting interests when they acted within the troika of international lenders in bailed out countries, Members of European Parliament say. Othmar Karas and Liem Hoang Ngoc, the two MEPs tasked with looking at the problems surrounding the work of the so-called …

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Little Maria: not a “blonde angel”, but an “albino Gypsy”?

What??? The biological parents of “blonde angel” Maria are not blonde? How could this happen? Can a geneticist explain how did a dark-haired and dark-skinned Roma woman give birth not to one but to two little blonde Gypsy angels? Or aren’t they “blonde angels” anymore? Now that it was DNA-proven …

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EU Task Force report: Rehn, Reichenbach & the other kids are pleased with Greece

Hurray! Our Lenders & Masters are pleased with us! Yes, us, the lazy and tax evading Greeks. Our Lenders & Masters are pleased with the progress we have made. Oh wait! EU Monetary affairs Commissioner Olli Rehn did not say that exactly. He said instead: “We are seeing encouraging signs …

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Did BMW’s €690K donation to Merkel’s CDU influence EU’s emissions decision?

Is this how the European Union works? A generous donation by a special interest group can influence the decision-making process and make the EU directives questionable as for their motives? The answer could be most likely clear… According to German media allegations, a donation of 690,000 euro by the BMW …

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ΕU approves Aegean Airlines – Olympic Air merger

Τhe European Union gave its blessing Wednesday to the merger of Greece‘s Aegean Airlines and its rival Olympic Air, saying that there would be no harm to competition since Olympic Air would have no choice but to shut down without the deal. The EU‘s executive, the European Commission, had once …

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Greeks to sink in insurance contributions: pension of 360 EUR and “compulsory life insurance”

Groundbreaking changes in Greece’s pension schemes are on the way as the social insurance funds are about to collapse due to high unemployment and liquidity shortage in the labor market. There are plans for a national pension of just 360 EUR and a ‘compulsory life insurance’ to cover the rest …

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Retired Greek MPs & MEPs cost taxpayers €1.5 million per month

It’s not a secret that members of the Parliament, whether national or European, have a good time. Good salaries, benefits and juicy pensions. Even if they served “country and the public interest” for only two legislative periods. that is a maximum of 8 years. Of course, MPs and MEPs are …

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Schaeuble, Dijsselbloem, Samaras & the other kids prepare a 3rd bailout for Greece

It’s a fact: Greece will get as third bailout and Greeks will have to deal with a new loan agreement imposing additional austerity to their already cut down lives. German Finance Minister Wolfgang Schaeuble said that directly, EU Monetary Commissioner Olli Rehn said that indirectly, Eurogroup head Jeroen Dijsselbloem said …

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Greece secured next bailout tranche: €6.8bn in sub-tranches

The finance ministers of Eurogroup and Greece’s international lenders approved on Monday evening the next bailout tranche for the debt-ridden country. A total of 6.8 billion euro are to come to Greece in three aub-tranches and be immediately forwarded to anybody else except the average Greek. The money will only make …

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EU Commission temporary shelves absurd olive oil jugs & bowls ban

The European Commission decided to temporary shelve its absurd decision to ban olive oil jugs and dipping bowls from restaurant tables and replace them with non-refillable sealed bottles. “The decision did not find the necessary support,” EU Commissioner for Agriculture Dacian Ciolos said at a press conference, admitting he was …

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