Tag Archives: EU

The conference call between Greek Finance Minister Evangelos Venizelos and representatives form the IMF and the EU concluded after two and a half hours. It will resume tomorrow, Tuesday, at 7 pm. Greek media quote government spokesman describing  the discussion as “productive and  substantive”.  It looks as if it was a hard …

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Greek  Defense Minister Panos Beglitis slammed as ‘unacceptable’ statements by Turkish Prime Minister Recep Tayyip Erdogan, who warned that Ankara will freeze its relations with the European Union, should Cyprus hold the EU presidency without a previous solution of the Cyprus issue. Nicosia is scheduled to lead the rotating EU …

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He is a real gentleman and a diplomat.  Turkish Prime Minister Recep Tayyip Erdogan. He can be charming unless people and nations do not obey his rules. The Islamist Prime Minister of Turkey shows how much he respects the rules of the others. Like the European Union, a club that …

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Finally the kings and queens of European Union and relevant royal families like the one in Germany woke up. In fact, they were violently rose from their beds with a painful kick landing at their snobbish butts. They came running down the imperial staircase to the living room. Confirmed reports insist,  it …

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 While things seemed settled with the  ‘rollover’ of Greek maturing bonds, here we go again, starting the discussion from point zero. The French proposal was slammed by rating agency Standard & Poor’s as “selective default”, while Moody’s  remained tight-lipped so far. The vehement denial of Greek rollover by S&P gave a strong …

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I had been thinking during the last hours to post something “light” to escape from the misery of the last days in Greece and the depressive posts in KTG. It was hard to find a cute stuff topic though… Until He came to save me! Herman van Rompuy, President of the …

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 I wrote this morning that I am done with the European Union.  Not with the idea as such but with the club-management and its statutes. I don’t like the way it’s run, I don’t like to be looked from above with a snobbish hulled nose.  Something went wrong with this club …

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In April 2011 the European Commission launched an open web-based competition among euro-area citizens to design the new 2-euro coin commemorating ten years of euro cash to be issued by all 17 euro-area countries. Among the designs submitted, a professional jury has selected 5 designs for public web-voting. All citizens …

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Is the “Euro-Drachma” a solution for the Greek crisis? No, not, a coin featuring Euro on one side and Drachma on the other side, as an internet user posted in a Greek economic forum. But the  Euro-Drachma would be the currency to be used for the internal trade within Greece, …

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“Sudden death” for Greek Soccer and Fourty Years Slavery for Greece. Massive layoffs  in Public Administration, , massive attacks deep in our pockets. More taxes, VAT hikes,  recession. Greece for Sale. Markets Delete. A long death.  The 5th tranche of the €110 bailout will be relesed at the beginning of July, most …

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The struggle spirit of the Keratea citizens opposing government plans for a landfill has not limits. Last night ‘inknown revolters’ dug a two meter deep trench in the middle of the main Layrio road in order to prohibit construction units to reach the area. The trench was dug during the …

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This is an economic term you will probably be reading and hearing in the upcoming weeks – or at least until Greece’s obeys to the calls for a debt restructure: “Voluntary Agreement” What is this? This is originally designed to provide relief to debts generated as a result of business …

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Athens urged Ankara to halt its plans to build a nuclear plant at the Akkuyu area, in the southern province of Mersin at the eastern Mediterranean Sea. An area situated hazardously close to an active earthquake producing fault line. Concerned after the nuclear crisis in Japan, Greek Prime Minister George Papandreou called his …

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Eurogroup leaders agreed in principle on the key issues of the Competitivenss Agreement. This agreement aiming to adjust fiscal rules for all, will economically kill employees and workers rights once for all. Its main targets are lowering wages, adjustment of  public and private sector wages to productivity,  linking pensions to life expectancy. In short, …

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Are you kidding me? I have been reading this article on Greek daily Ethnos reporting that the social care “Help at Home” for seniors will be provided only for seniors with jobless relatives. The program originally carried out through European Union funds currently takes care of more than 90,000 Greek seniors. However …

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To tell you right away the truth, I have no idea. And maybe nobody has an idea or a clue. As much as I understand about diplomacy – which is quite a lot- Greek diplomatic sources said more or less to local reporters that the message of Gaddafi it’s not easy to be deciphered. …

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Greece had one year time to return to the markets, otherwise it would  need a new aid package from the IMF/EU/ECB-Troika. This is the message prime minister George Papandreou has reportedly conveyed to German Chancellor Angela Merkel during their talks last Tuesday in Berlin, according to Sunday newspaper To Vima.  “If you don’t …

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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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