Contradictory claims from the side of the illegal migrants and the Greek coast guard have alerted the United Nations Refugee Agency (UNHCR) and the Human Rights commissioner at the Council of Europe. Who is to blame for the tragedy off Farmakonisi islet, when a boat carrying undocumented migrants from Turkey …
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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 …
Read More »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 …
Read More »No so ‘austerity’: Greece host Presidency lunch with sea beam & chocolate secrets
A mouthwatering menu with first class products in order to honor the EU dignitaries: French risotto, sea beam with vegetables, chocolate secrets, pasteli and frozen yogurt, enjoyed in the company of red and white wines. The exquisite menu was bearing the signature of French executive chef Dominique Perrot, once chef …
Read More »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 …
Read More »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 …
Read More »Rehn: revision of property values postponed for 2016 for purposes of taxation
OK. Here the deal between the Troika and the Greek governments of the last three years. Those fine gentlemen in Brussels (EU), in Washington (IMF) and Frankfurt (ECB) will decide how much my home is worth and they will tax it accordingly. Even though they have never neither visited my …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Greece’s debt explodes to 321 billion euro – higher than before the crisis
Despite three years of strict austerity measures, incredible taxes and a debt haircut of 53% (100 billion euro in March 2012), Greece still owes 321 billion euro. According to newspaper To Vima, Greece’s debt exploded in the first half of 2013 up to 16 billion euro and is higher at …
Read More »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 …
Read More »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 …
Read More »Notorius “EU official”: No Greece aid for 3 months if Troika review not concluded
Been there, seen that. 1000+1 times since Greece sought the aid of IMF, EU and ECB. The regular blackmailing: the notorious -and anonymous – “EU source”exhausting Greeks’ patience, putting pressure to EU beggars to give in to Troika’s demands. While the Troika’s representatives feel the pulse of several ministers in …
Read More »Court rules: ERT must open again!!! – Live Blogging from Athens, Jun 17/2013
The crucial meeting among Greek prime minister Antonis Samaras and his coalition partners Evangelos Venizelos (PASOK) and Fotis Kouvelis (Democratic Left) meet at 7:30 pm. Coalition government cohesion is at risk after Samaras ordered the shut down of public broadcaster ERT on June 11th 2013. While the government leaders meet, …
Read More »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 …
Read More »A Jobless’ Diary: online platform gives Greece’s unemployed opportunity to raise their voice
The website hit the most sensitive nerve of the Greek society. That of the thousands of young and middle aged men and women suffering from one of the biggest problems caused by the economic crisis, the over taxation and the recession: unemployment. “Break the taboo of shame and the public …
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