Tag Archives: EU

New Greek coalition government and moreover Deputy Minister for Infrastructure Christos Spirtzis announced the cancellation of  former Prime Minister Antonis Samaras’ project for Free Wi Fi for all. Speaking to several media Thursday morning, Spirtzis justified the cancellation decision saying that “the public procurement initiated by the previous government has …

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After two bailouts and one debt restructure, Greece’s debt is still exorbitantly high and the country will need another 42 years to pay back what it owes to its lenders, provided that no new debt will be added, not extra interest rates will be added up in case of inability …

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Amazing! European Commission President Jean-Claud Juncker sat down and wrote several pages of a proposal to “help” Greece strike a deal with its creditors, unlock the impasse. allow the release of some bailout money to avoid default on June 5th 2015 and give time for a new deal in autumn. …

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The European Commission has outlined its plan to trigger an emergency response to relocate migrants among EU member states. The first step would be a temporary scheme followed by a legislative proposal for a permanent and mandatory quota system by the end of the year. Member states will have the …

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It needed the drowning of 1,000 people within 24 hours for the European Union to wake up and call an emergency leaders summit on Thursday in order to show that can effectively tackle the migration crisis. At a joint meeting of Foreign and Interior Ministers in Luxembroug on Monday, High …

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For a second time within a couple of weeks, Greek Defense Minister and leader of coalition government junior partner Independent Greeks, Panos Kammenos warned that if the European Union keeps undermining the coalition government and the country exit or is forced to exit the Euro “waves of migrants: will stream …

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“I welcome confirmation by the Minister that payment owing would be forthcoming on April 9,” managing director of International Monetary Fund told reporters after her meeting with Greek Finance Minister Yanis Varoufakis on Easter Sunday in Washington. Going to meeting with Varoufakis: Christine Lagarde of IMFogue in Anna-Wintour-look. Or just …

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Greece “defaults” each and every month since the new coalition government came into power, should we believe the Cassandras of various nationalities and interests. The first default scenario “saw” a default by end February, the second by end of March. Bogeyman’s words “Grexit” and “Grexident” started to whirl around. Again. …

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Applaud! Excellent Idea! Former ruling and coalition government partner, Socialist PASOK proposes that all responsible for the two Memorandum of Understanding (Loan Agreements) and the Greek Bond swap (PSI) should testify in front of the parliamentary committee investigating the conditions and implementations of the agreements with the lenders. In a …

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There is a another narrative to the usual “Greece doesn’t deliver”, “Greece sent reform list for the garbage bin”, “Greece does not try enough” and all the other nice things we have been reading since the new Greek government came into power. The counter-narrative is called: EU’s elites blackmail Greece. …

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A diplomatic ‘war’ broke out between Greece and Turkey, after Ankara issued a NOTAM to “reserve” a large part of the Greek airspace over the Aegean Sea for military exercises and use international air space, Greek FIR and the south part of the island of Limnos as “Firing Exercise Areas” …

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Anti-austerity rallies in solidarity with Greece do scare “the European dominant forces” because the SYRIZA ‘virus’ can spread in their communities ,” Nikos Filis, parliamentary group spokesman of Syriza, said in an interview on Monday. “The wave of protests indicates a new beginning, because the SYRIZA ‘virus’ can spread to …

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Prime Minister Alexis Tsipras pleasantly surprised Greeks with the announcement of a series of measures to boost the social welfare state, to provide aid to vulnerable groups of the society and tax breaks to low-incomers, to cut state expenditure and to overhaul the institutions. The Greek PM also rejected the …

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U.S. President Barack Obama made a sound intervention in what it seems to be in favor of  Greece’s positions “development vs austerity”, saying  that you cannot keep squeezing countries in recession and that there should be a development strategy so that these countries can pay back their loans. Speaking to …

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“”Russian Finance Minister Anton Siluanov told CNBC that Russia would consider giving financial help to debt-ridden Greece. Siluanov said Greece had not yet asked Russia for assistance, but he did not rule out an agreement between the two countries if Greece came asking. “Well, we can imagine any situation, so …

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President of the European Parliament Martin Schulz arrived at the office of Prime Minister Alexis Tsipras but the timing was bad. It was raining. An obviously disappointed Schulz immediately pointed with the finger towards the sky in front of PM Tsipras’ nose. Martin Schulz complained right away about the shortage …

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President of European Parliament,  Martin Schulz is visiting Athens today to meet with new prime Minister Alexis Tsipras but also with opposition  party leaders Antonis Samaras (Nea Dimokratia), Evangelos Venizelos (PASOK), Stavros Theodorakis (To Potami) and George Papandreou (To Kinima), the former PM whose party failed to pass the 3% …

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Newly appointed Foreign Minister Nikos Kotzias is due travel to to Brussels to attend the extraordinary meeting of European Union Foreign Ministers who will discuss sanctions against Russia due to escalation of the Ukraine conflict. The meeting will convene tomorrow Thursday, January 29th,  upon an invitation by EU’s High Representative …

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Hardly was Greece’s new Prime Minister sworn-in – he hadn’t even announced his new cabinet- and Alexis Tsipras picked up the phone to complain to European Union foreign policy chief Federica Mogherini about a joint EU statement asking for sanctions against Russia. Greece’s discomfort had to do with the fact …

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Hardly has been announced that SYRIZA won the elections and several internet trolls started their poisonous work, also here in this blog.  Trolls came out of their caves and rub their hands full of glee and sardonic smiles as their venomous saliva running down their jaws. They set up their clock …

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