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Tag Archives: eurozone

Greek NO should be the beginning of the end for Eurozone

One can support the European Union and the Common Currency but on Greece’s example, the EU repeatedly proven in the last 5 years that it has little to do with “common ideals” and the much praised “European solidarity.” the Greek example and the way EU politically dealt with it increased …

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Hillarious! Greece’s Eurovision song had a secret message to creditors?

Things are not always as they seem to be. While millions of Europeans thought that the Greek Eurovision song was about a broken heart and desperate love with all essential emotions of betrayal, endless pain and struggle… Alas! The lyrics of  “One last Breath” sung by Maria Elena Kyriakou could …

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German companies paid €62m in bribes for defense contracts

A new scandal alleging bribes totaling €62 million paid for armament contracts have been revealed by Deputy Defense Minister Nikos Toskas. The case involves two German companies, 12 Germans and unspecified number of Greek officials in the Defense Ministry.  Talking to To Kokkino FM on Friday, Toskas revealed that there …

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Eurogroup warns: No debt forgiveness for Greece; Dijsselbloem in Athens

The eurozone has ruled out debt forgiveness for Greece and warned Alexis Tsipras that his anti-austerity coalition government must honor all past agreements with international creditors. In a meeting of eurozone finance ministers in Brussels on Monday, a day after left-wing SYRIZA won the parliamentary elections, the euro bosses warned …

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President Hollande grants the Greeks right to vote

I am so relief. Honestly. And I am so impressed by the divine generosity of a French president granting me the right to vote and decide about my own destiny.  Joining the Club of Scaremongers Society, French President Francois Hollande said Monday that “The Greeks are free to choose their …

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Merkel cheers “Grexit” hand in hand with Samaras

German Chancellor Angela Merkel took her close friend Antonis Samaras by the hand and they both cheer “Grexit!” in every swirl of their XXL-austerity waltz. According to German weekly Der Spiegel , Angela Merkel was allegedly willing to let Greece leave the eurozone  should the foolish Greek voters elect a …

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BBC reports from unemployment-hit South & EU elections. Do you want to participate?

“What jobless in crisis-hit south think of the European elections?” BBC journalist Patrick Jackson is traveling to “unemployment hotspots” of the Eurozone and collects opinions from Spain, France, Italy and Greece. First stop is Seville, in the Spanish region of Andalucia where general unemployment reached 36.3% last year and youth …

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Eurostat: 6:10 young Greeks without job, Eurozone unemployment in new record 12.2%

YES! Greece of ‘success story’ tops again the Eurostat list on unemployment. Six out of ten Greeks below 25 years old are without work. Youth unemployment in Greece is at 57.3%, while the situation is equally bad in Spain with 56.5%. Within the eurozone countries the general unemployment has reached …

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