Let’s put two things clear right away: Greece’s SYRIZA-led coalition government insists on debt-restructuring, negotiations with the country’s creditors and a “new European deal” in general. In contrast, Greece’ creditors, mainly the European Union with the lead of Germany warn the Greek government that it should forget debt-restructuring and it …
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Greece names ex FDP-politician, ex “Dr” Chatzimarkakis “Ambassador at Large”
Last week, Greek Foreign Minister Evangelos Venizelos named new Ambassador – at -Large Giorgos Chatzimarkakis, a former MEP of the German neoloberal Free Democratic Party (FDP). Speaking in a festive ceremony Venizelos praised Chatimarkakis’ qualities saying among others several nice things like: ” Mr. Hatzimarkakis is an extremely experienced and …
Read More »Austerity for all: European Commission is bankrupt, needs €2.7 billion ( LOL)
The European Commission is bankrupt. If the European bureaucrats will not be able to find a €2.7 billion injection, the institution will halt its payments by the middle of November. Two days ago, EC president Jose Manuel Barroso made a desperate plea for extra cash to keep the institution afloat, …
Read More »Anastasiades address the nation, Cypriots enjoy Carnival with Merkel (video)
In a dramatic address to the nation, Cyprus President Nicos Anastasiades tried to explain the reason forcing the country to accept such an unprecedented bailout. Trying to sweeten the bitter pill for depositors’ levy of 6.75%-9.9%, Anastasiades promised to compensate depositors with the equivalent amount in shares in their banks …
Read More »EU Presidents know nothing about Greece’s joining the Euro Zone with fake statistics
The three musketeers of European Union, the esteemed presidents of EU’s main bodies, the proud winners of Peace Nobel Prize, Herman van Rompuy (European Council), Jose Barroso (European Commision) and Martin Schulz (European Parliament) have no idea how Greece managed to be accepted in the euro zone even though it had ‘cooked’ …
Read More »EU gets Nobel Prize …and lives happily ever after :)
Almost everyone went there. To Oslo, in Norway. More than 20 top EU leaders attended today’s awarding the Nobel Peace Prize to the European Union. The EU presidents, a lot of leaders of member-states. The EU sent three of its presidents ( van Rompuy, Barosso, Schulz) to collect the award …
Read More »Court Fines Farage for Calling EU President Van Rompuy “Damp Rag”
It’s official! You can’t insult the President of the European Union and get away with it. Especially if you neglect to submit your appeal to a court ruling. A European court announced on Monday that eurosceptic MEP Nigel Farage (UK) had lost an appeal against a fine imposed by the European Parliament …
Read More »IMF Opposes “Special Economic Zones” in Greece!?
International Monetary Fund is allegedly against the establishment of “special economic zones” (SEZ) in debt-ridden Greece. This follows on a news posted in a Greek economic news portal about the meeting of Greek Development Minister Costis Chatzidakis with the representatives of IMF, EU and ECB – the Troika – on Tuesday. Taking into consideration …
Read More »Merkel’s Referendum Sets Greeks on Fire – Eurogroup Knew About it…
With her ‘alleged’ (?) euro-referendum proposal German Chancellor Angela Merkel achieved the impossible: to unite all Greek Parties against her! The pro-bailout and the contra-bailout parties alike. Despite denials from the German side and confirmations from the Greek side, there is still confusion on Saturday morning as to whether Angela Merkel …
Read More »German FinMin: “Euro Zone Can Do Without Greece”
Economic pressure is increasing by Greece’s lenders while Greece’s political party leaders pend between forming government and fresh elections. German Finance Minister Wolfgang Schaeuble shamelessly states that after two years of Greek crisis, “the euro zone area is enough protected and can do without Greece”, public surveys show that 73% of the Germans wish …
Read More »British MEP Farage Angers German MEPs With “State Commisioner” Comparison
A mid-fight broke out between British MEP Nigel Farage and some German MEPs, including the German President of the European Parliament, after Farage compared Berlin’s proposal to assign a state commissioner to Greece with a word used by the Nazis. German Economic daily Handelsblat in its article “Farage: State Commisionner is like a “Gauleiter” …
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