March 16, 2011
Economy
The Greek government has narrowly missed its deficit target for 2010, reporting a shortfall of 23.1 billion euros for the year. The figure was announced by the Finance Ministry’s General Accounting Office on Tuesday, compared with the €21.9 billion target included in this year’s state budget. The agency said the …
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March 16, 2011
Economy
Remember the lyrics from the Beatles’ song Yellow Submarine? There is a line “And the band begins to play” followed by trumpets playing “PrAMPrAMPrAM-PrAM!” That was in the late 60’s but associative thinking to today’s world make songs like that a ‘classic’. Because they are diachronic. The Beatles have fallen …
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March 15, 2011
Economy
The International Monetary Fund approved yesterday the 4,1 billion euros loan tranche for Greece. However even thought the IMF asserts that Greece has made progress under the strict austerity program, it stresses that the country needs more “major reforms to be designed and implemented”. In a press release by the …
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March 9, 2011
Economy, Politics
A political bomb exploded in the hands of PM George Papandreou’s government after the General Secretary of Finance Ministry, Dimitris Georgakopoulos, submitted his resignation, apparently citing ‘personal reasons’. The government tries to downplay the resignation stressing that the resignation wasn’t due to political or management reasons. However in prime time news, Georgakopoulos …
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March 9, 2011
Economy, Society
Marina is 24 years old. One and a half years she got her diploma from the School of Economics. No matter how many CVs she sent to several companies, Marina was unable to find a job up the present day. “I see no way out, no future” she say and turns …
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March 1, 2011
Economy
The dilemmas on Greece’s debt future seem endless: Default or Not Default? Drachma or Euro? Haircut or Extensions? With terminologies borrowed from a hairdresser parlor around the corner and a bankers’ desk on the 245th skyscraper floor, the whole world is keep talking about Greece’s fiscal course: Survive or Fall. Economists and media are …
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March 1, 2011
Economy
There is a long, much too long internet article on Huffington Post, advising Greece to find a “new hero”!? In a rather superficial and irrational, if not ‘naive’ and kind of popularized psycho-spiritual approach, Vanessa Andris, first generation Greek-American, seems to ignore the real Greece’s problems of systemic fiscal mismanagement. What …
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June 25, 2010
Economy, News
Greece puts its islands up for sale to save economy Desperate attempt to repay debts also driven by inability to find funds to develop infrastructure on islands Elena Moya guardian.co.uk, Thursday 24 June 2010 21.33 BST Greece is raising cash by selling off an area of state-owned land on Mykonos …
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June 8, 2010
Economy, News, Uncategorized
We have been sitting on a hot grill full burning charcoal for quite some time now. Occasionally fire resurged, occasionally fire lowers. But we are still sitting on the hot grill. Who are we? We are Greek citizens having deposited their savings to Greek banks. With the first dive in the …
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June 2, 2010
Economy, News, Uncategorized
Funny video with the Tax Paying Card in French http://www.contribuables.tv/2010/04/01/qui-sait-ce-quils-taxeront-ensuite/ with Greek subtitles http://www.capital.gr/capitaltv/player.aspx?id=717 by www.contribuables.org Resist Tax Increases of course, I wasn’t able to upload the 2 videos. Who thought I ‘m perfect ?
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May 3, 2010
Economy, News, Uncategorized
Maria Houkli/Prime Time News/NET Photo: copied from blogs Some 40 unemployed teachers have interrupted the prime time news of the Greek state television NET. The protesters – unemployed teachers – have managed to enter the building of State Boradcast Corp. ( ERT) after a scuffle with security guards it. Education Minister Anna …
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May 3, 2010
Cute Stuff, Photos
May 3, 2010
Cute Stuff, Photos
The New Greek Patriot is born – after the announcement of the New Austerity Measures “New Patriotism” – the slogan of PM Papandreou to seek support for the harsh austerity measures
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May 2, 2010
Cute Stuff, Photos
May 1, 2010
News, Politics, Society
Young 1st May protesters attacked former chairman of Greek Parliament and member of governing party PASOK, Apostolos Kaklamanis, while he was walking through the shopping gallery Korai downtown of Athens. According to media reports, the protesters surrounded Kaklamanis, insulted him and threw bottles against him. Kaklamanis managed to flee the gallery and rush …
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April 27, 2010
Economy, News, Uncategorized
The Athens Stock Exchange experienced today one of the worst session of the last two decades with the Index having returned to the low of March 2009. “Trapped” in the scenarios of debt restructuring and state bankruptcy, Greek Stock Exchange became once again the vulnerable target of speculators. The Athens …
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