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Tag Archives: austerity measures

Protesters harrash ex- chairman of Greek Parliament

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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Greek Stock Exchange:Mini Crash! What analysts and bankers say

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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Greece: Officially Bankrupt! What people say to EU/IMF bailout

PM Papandreou iin Castelorizo Greece: Officially Bankrupt! Bailout Plea from EU/IMF It took PM George Papandreou several hundred miles to travel to the fringe and picturesque island of Castelorizo, near Turkey, to make the long-expected rescue appeal for the Greek bankrupt economy. Greece admits, it is now officially bankrupt, unable …

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