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Tag Archives: Financial Times

Schaeuble wanted to resign after his 10-year Grexit plan was rejected

Nine years after Greece surrendered to international creditors and three tough bailout agreements with strict austerity, former German Finance Minister Wolfgang Schaeuble told the Financial Times that he was a fierce supporter of Grexit from the very beginning. He also admitted that he wanted to resign when his Grexit plan …

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Diplomatic sources dismiss FT report ‘Greece had blocked sanctions against Venezuela’

Greek diplomatic sources categorically denied for a second time on Friday a Financial Times report which claimed that Greece had blocked calls for sanctions against Venezuela after diplomatic talks in Brussels. According to the sources, the report contains “false information that creates false impressions and distorts the truth”, adding that …

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Greek FM Kotzias dismiss FT allegations of “supposed relations with A. Dugin”

Greek Foreign Ministry issued a statement dismissing as “groundless’” allegations published in Financial Times on Wednesday, claiming that Foreign Minister Nikos Kotzias had “supposed relations” with Russian professor Alexandr Dugin. Greek Foreign Ministry press release Thursday, 29 January 2015 In a Financial Times article published on 28 January, reference is …

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IMF’s Lagarde’s “death threats” claims: much ado about nothing… after all…

Oh God! Remember the claims made by IMF’s head Christine Lagarde that she had received “death threats” by Greeks when she had talked about tax evasion and that she had increased her security personnel? It turns out it was all … a – excuse my language – bullshit. The Greek …

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ECB Mario Draghi officially denied “Grexit – Plan Z” in April 2013

European Central Bank chief Mario Draghi apparently lied during a live press conference when he was asked whether there was a Plan B on Greece. It was back in April 2013, when Mario Draghi dismissed  the option “there was a plan for the euro zone exit of the debt-ridden country.” …

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FT: the secret “Plan Z” for Greece’s euro exit

Poul Thomsen from International Monetary Fund, Jorg Asmussen from the European Central Bank, Marco Buti and Thomas Wieser: all four were working “clandestinely” for months preparing for a collapse of Greece’s banks. Their secret blueprint, known as “Plan Z”, was a detailed script of how to reconstruct Greece’s economic and …

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EU Barroso appointed Papademos as Greece’s PM in 2011

Absolutely ridiculous! European Commission President Jose Manual Barroso allegedly appointed Lukas Papademos as Prime Minister of Greece right after the embarrassing meeting during the G20 summit in Cannes, when the EU partners decided to oust George Papandreou and his plan to hold a referendum without their consent. According to a …

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German Minister Supports a “State Commissioner” for Greece

Yeap. It’s official. German Economy Minister Philipp Roesler fully agrees with the idea of a ‘state commissioner’ for Greece. He spoke to German newspaper Bild and here is what he said: German Economy Minister Philipp Roesler backed beefed-up EU monitoring of Greece in an interview to be published on Monday, …

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FT: Germany Calls EU to Control Greek Budget

 Germany pushes for the end of the Greek sovereignty and demands to cede budget control into the hands of Greece’s lenders. The German government wants not only to appoint a state commissioner but also to take control of the budget decisions of the debt-ridden country. In a shocking proposal  obtained by Financial Times, …

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What went wrong with the EU & turned into a Nightmare?

 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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Mood in Greece plunges from “Bad” to “Worse”. Gap between People and Government Growing

Another tough week has started for Greece after a weekend of  heavy bombardment with EU politicians and aspiring IMF heads, economists and bankers, journalists and institute heads in Cassandras’ dresses predicting  the inevitable, i.e. that international markets have written off  ‘Greece’ and that noble methods like ‘blackmailing’ and ‘threatening’ are been excessively …

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National Bank of Greece denies Talks with Qatar

National Bank of Greece Says Not in Talk With Qatar June 30, 2010, 7:06 AM EDT By Christos Ziotis June 30 (Bloomberg) — National Bank of Greece SA, the country’s biggest lender, said it’s not in talks to sell a stake to the Qatar Investment Authority. The sovereign wealth fund …

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