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Tag Archives: austerity

Moscovici: The crisis had Greeks suffer, not the austerity

October 13, 2019 Economy 6

EU Finance Commissioner Pierre Moscovici has described as “socially brutal” the austerity policy implemented in Greece during the bailout agreements. However, he blamed the economic crisis for the austerity and not the other way around. “It was not the austerity and politics of the troika that made the people suffered, …

Greece’s silent dramas: Senior hospitalized with severe hypothermia

January 17, 2019 Social, Society Comments Off on Greece’s silent dramas: Senior hospitalized with severe hypothermia

Austerity 2019 in Greece and the silent dramas. People, mostly elderly, who live without electricity and heating. A man was transferred to the hospital of Larissa in Central Greece from his hometown in Farsala. He was diagnosed with serious hypothermia. While the medical staff is doing whatever possible to treat …

Council of Europe trolls Greece: “Austerity hampered access to Health Care”

November 6, 2018 Greece 2

The Council of Europe and Commissioner of Human Rights are trolling Greece. With several years delay, the European officers have discovered that the austerity measures demanded by the same EU officers and institutions have hampered citizens’ access to health care system and education. The Council of Europe is urging urged …

IMF claims “economic crisis hit fertility rates in Greece”, not austerity

October 4, 2018 Social 1

Another false assessment by the International Monetary Fund. Fertility rates in Greece, that is, the average number of children Greek women have, dipped from 1.5 to about 1.3 during its eight-year economic crisis (2008-2016), the International Monetary Fund (IMF) said in its World Economic Outlook. Of course, it’s not the …

“EU is at death’s door” – Time to rethink the European Project

August 23, 2018 Politics, World 4

“EU-imposed austerity is finally over for pauperised Greece – and it’s time for a rethink of the whole European project,” writes political theorist Marina Prentoulis on her opinion article “Greece may still be Europe’s sick patient, but the EU is at death’s door. Greece has entered a new, “normal” phase …

Labor trend prevails: Majority of Greeks work part-time and in rotation

August 14, 2018 Economy 1

Wage-earners and hiring/dismissal balance have recorded the strongest performance since 2001, Greek Labor Ministry announced on Tuesday. Based on data from Ergani the IT private sector employment system of the Greek Labor and Social Security Ministry, the number of hiring has reached 1,598,885 for the time period 1. January – …

Greek state fund cuts pension to 90-year-old, finds her “fit to work”

August 6, 2018 Social 2

A 90-year-old woman discovered that she was fit to work, despite her multiple health problems. The Greek national social security fund decided to cut her invalidity pension and as usual the employees also checked the box “fit to work.” On the day of her 90th birthday, the woman complained to …

Four more decades of austerity for Greece

August 5, 2018 Economy 2

Greece has been one of the biggest economic failures one normally sees in countries hit by war of revolution. After eight years of bailouts, brinkmanship and even more bailouts, Greece’s economy is finally ready to stand on its own again. Well, what’s left of it, writes an analyst on Washington …

Eurogroup gives Greece small repayment extension, no real debt relief

June 22, 2018 Economy 8

The atmosphere on Friday morning is good. Greece’s creditors cheer, international and even German media hail the Eurogroup deal as “‘end of the Greek crisis”, “Greece exits the bailout” and “the Greek debt is sustainable.” But the Eurogroup of the 19 finance ministers did not give Greece a debt relief. …

Greek Parliament passes austerity bill with prior actions worth €5.5billion

June 14, 2018 Greece, Politics Comments Off on Greek Parliament passes austerity bill with prior actions worth €5.5billion

The Plenary of the Greek Parliament passed the omnibus bill with the prior actions necessary for the conclusion of the fourth and final review of the Greek programme. The fast-track bill was passed on Thursday afternoon with 154 votes in favor and and 144 against, in a total of 298 …

Jane Fonda urges Greeks to show “banks & money-men” an …arm of honor

May 17, 2018 Lifestyle 2

With a not lady-like gesture, Hollywood star and decades-long political activist Jane Fonda urged Greeks to show “the banks and the money-men” an ‘arm of honor!’ In an interview with Greek presenter superstar Eleni Menegaki, Jane Fonda advised Greeks to “stay strong and stand up to tyrants” and praised them …

“Portugal is an example for Greece,” Tsipras tells de Sousa

March 13, 2018 Greece, Politics 1

“In August 2018 we will be done with the programme; we already see a big difference in the economic figures and we seek to transfer this difference to the social indicators and to people’s sense of the real economy as well, exactly as happened in Portugal, for the benefit of …

Tsipras in Davos: “Turkey is an aggressive neighbor” blames “austerity policies” for rise of racism and nationalism in Europe

January 24, 2018 Greece, Politics 1

Speaking at a panel discussion in Davos, Switzerland, Greek Prime Minister Alexis Tsipras described Turkey as an “aggressive neighbor.” Addressing the migration crisis, he blamed “austerity policies” for “the rise of racism and nationalism in Europe.” His European partners couldn’t always appreciate the challenges of living with an ‘aggressive’ neighbor …

Ghost of Christmas Present: PPC cuts power to mother of four

December 24, 2017 Editor, Social Comments Off on Ghost of Christmas Present: PPC cuts power to mother of four

Ignorance? Want? Ugly, mean and greedy little creatures? That was in mid-Victorian England and in Charles Dickens’ A Christmas Carol. In the novel that has touched millions people ever since it was first published in 1843, ‘the two emaciated children” grow up to be adults, Ignorance as adult man in …

Santa’s presents to Greek kids fall victim to austerity…

December 23, 2017 Social Comments Off on Santa’s presents to Greek kids fall victim to austerity…

Greece in the eighth year of austerity. Santa may come also to Greek kids but his gifts may suffer austerity cuts as well. Bitter Christmas humor by a Greek cartoonist. The Greek version by Tasos Anastasiou …and the English version translated and designed by @teacherdude

Sharp austerity cuts turn poverty allowance for low-pensioners into a pocket money of just 35 euros

December 11, 2017 Social 2

Thousands of low-pensioners will have to further tighten their belt as poverty allowance will be either completely disappear or cut to a thin pocket money of just 35 euro per month. Eligible to poverty allowance EKAS will be only those with a monthly pension of up to 585 euro gross …

Six in ten Greeks pay from their own pocket for health services

November 24, 2017 Uncategorized 3

Majority of Greeks pay from their own pockets for health care services, an average of 300 euros per year for doctors’ visits and laboratory and diagnostic tests. At the same time, 21 percent say they did not receive medical care they needed mainly because mainly of the cost. The nationwide …

IMF says the Fund does not require new austerity measures for Greece

November 11, 2017 Economy 2

The International Monetary Fund does not see any risk of deviating from the budgetary targets set in the Greek program and therefore does not require additional measures. This assurance was made by William Murray, the IMF’s Deputy Spokesperson, as part of a regular briefing in Washington. Murray reiterated that significant …

“Till tax office do us apart”: Greeks see in divorce a way to avoid assets seizures, get access to social benefits

November 7, 2017 Social 1

More and more Greek couples see in divorce a solution to escape property confiscation and bank accounts seizures, but also a way to get access to tax discounts and social benefits. The change of marital status affects also their social status that protects them from the long arm of the …

Greece’s Municipalities raise a Grave Levy in advance for the future last residence

September 29, 2017 Social 3

We spoke about it in the past, during the first two bailout agreements when creditors’ demands were getting more and more absurd and taxes and levies were raised on everything that walked, stood or crawl. We talked about a Grave Levy for the future last residence. But it was joke. …

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