Tag Archives: eu commission

The idea to bail-in banks with depositors’ money will soon be more than just an idea – or a “Cyprus template” as Eurogroup head Jeroen Dijsselbloem said two weeks ago. It will be decided through an EU directive, as economic affairs commissioner Olli Rehn announced on Saturday in a television …

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With 39 votes against and 19 abstentions from Anastasiades’ ruling party, Cypriots said a historic NO to Eurogroup decision to charge with a levy bank deposits. Upon announcement of the rejecting decision protesters who had gathered outside the Parliament broke in to loud applaud. No one Cypriot MP voted in …

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Are we just about to see austerity measures imposed to Athens strays? Do the Troikans gave up numbers and balance sheets and started to deal with the stray dogs of this city? There are reports in the Greek media, that the Troikans complained to finance minister about the incident on …

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An odd and alarming at the same time e-mail puzzled many Greeks on Saturday, when a Greek newspaper posted on its internet site the content of an e-mail allegedly issued by the EU Commission to its staff containing “safety instructions”. The e-mail was apperently forwarded to EU staff due to visit Athens …

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European Commission’s economic forecasts published on Friday suggest that in 2013 we will see a gradual recovery in economic activity in the Eurozone. It should initially be driven by an improvement in external demand and later by an increase in domestic investment and consumption. As far as Greece is concerned, …

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 The representatives of Greece’s lenders, the so-called Troika, are leaving Athens, even though it seems that the negotiations on the spending savings package have not concluded yet. An EU Commission spokesman told reporters in Brussels, that the Troika “will be leaving this weekend and will return in about a week. the spokesman …

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The grandeur with the vision of an aspiring Orwellian Big Brother, the President of the European Commission, Jose Manuel Barroso, revealed the plan of the “United States of Europe”: A federation of European member states, with common foreign and defense policy in addition to the ‘successful’ common economic and monetary union, …

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I always knew, the EU officials had no idea about the real life in Europe, the real economic and social situation of EU- citizens and – taxpayers who come up for their expenses. And now this is officially confirmed, through an internal EU-Commission report asking for salary increases hikes and claiming “there …

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Where is the Big Foreign Spender to invest in Greece and change the pessimistic and negative atmosphere? Where is the One who will let capital flow in the debt-ridden country and restore the image of bureaucratic and entrepreneurship-hindering Greece? Where is the foreign Goldfinger who will turn Greece into a trust-worthy country with …

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They came to teach Greeks financial discipline and expenditure cuts. A Spartan way of life. However the ladies and gentlemen from the European Union Commission under the chairmanship of Portuguese J. M. Barroso live a live in luxury with expensive cocktail parties, private jets, luxurious away-days with spa and foam baths, …

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