Tag Archives: European Parliament

These Greeks are impossible. Hardly had prime minister Antonis Samaras concluded his speech at the European Parliament in Strasbourg and they started to make jokes. Reason for the mockery on internet was the final message of the Greek PM. “The country, which was now entering a period of growth, had …

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The European Commission and the European Central Bank had conflicting interests when they acted within the troika of international lenders in bailed out countries, Members of European Parliament say. Othmar Karas and Liem Hoang Ngoc, the two MEPs tasked with looking at the problems surrounding the work of the so-called …

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This is going to be an evaluation, not a condemnation”, stresses Othmar Karas, Vice President of the European Parliament, who will lead the parliamentary inquiry into the work of the troika in Greece, Cyprus, Portugal and Ireland. He will do this job jointly with a French socialist. The Parliament calls …

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The European Commission is bankrupt. If the European bureaucrats will not be able to find a €2.7 billion injection, the institution will halt its payments by the middle of November. Two days ago, EC president Jose Manuel Barroso made a desperate plea for extra cash to keep the institution afloat, …

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“In a year we will know what with did with the reforms in Greece,” head of EU Task Force Horst Reichenbach told during a public hearing  of the European Union. Speaking at the Committee on Budgetary Control of the European Parliament in Brussels about the application for financial assistance from …

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Am I confused or they just don’t know what they’re talking about? I am again impressed by the manipulated mathematics of the IMF &Co when it comes to minimum wages in Greece and the infamous competitiveness. During a hearing at the European Parliament, IMF’s man in Greece, Poul Thomsen claimed that …

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