The heat is up today in Greece, literally and metaphorically, and protesters started as early as 9 o’clock in the morning to flock towards the Parliament and Syntagma square in Athens downtown. It is estimated that 300,000 people came to downtown Athens yesterday. Many thousands gathered in 20 cities across the …
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Greece: The Mother of All Strikes, Oct 19-20/2011
The Mother of All Strikes, the 48-hour general strike of public and private sector where even shops are closed has started already. For 48 hours the country will be paralysed. Greece’ capital is getting ready for a ‘battle’ that would possibly take place in the city’s centre due to an expected …
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Papandreou-Papoulias Meeting Triggers Speculations…
Something is been cooking on the stove of the Greek political kitchen, with ruling party PASOK ministers to raise their voices and criticizing the prime minister, opposition parties to demand early elections and national unity government, Papandreou to seem unsure about the future of the Greek debt, and citizens to crack …
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“Check Mate” by 3 Greek Gov’t Ministers – Is Papandreou Counting Days?
Now the Greeks got their own ‘Troika” made in Greece. Three top government ministers wrote an open letter of political interference addressing even the Prime Minister, the society and the unions. Anna Diamantopoulou (Education), Andreas Loverdos (Health) and Yannis Ragousis (Infrastructure) call for changes without delays and indirectly blamed the prime …
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Greece’s Passage to …India!
Greece’s Prime Minister George Papandreou was explicit when he said “We are not India and we are not going to be India.” The statement released by his office was the answer to Troika demands to lower more the lowest wages in the Greek private sector. Papandreou’s reference to the ‘hunger wages’ …
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Poll: 62% believe Greek Gov. Not Authorized to Take Austerity Measures
The pulse of the society comes form the island of Crete, specifically from the Chania prefecture. According to a public poll, conducted by Cretan Polls, 65.5% of the asked Greeks replied that the government is not authorized to take the austerity measures. 42.1% believe that the economic situation will worsen …
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Greece at Knife’s Edge – Claims, Rumors & Scenarios
The developments in Greece are dramatic and the tension has been extremely high in the last hours, after Prime Minister George Papandreou decided to cancelhis visit to USA and this in the middle of the road. He was flying Athens-Washington via London and he was in the British capital when he spoke …
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Upd2: Greek PM Cancels Trip to USA, UN, IMF
Greece Prime Minister George Papandreou cancelled his trip to USA, where he was to attend the UN meeting and would also have talks with IMF-Chief Christine Lagarde. Currently Papandreou is in London and from there he was to fly to Washington DC. Greek media claim the cancellation has been decided after …
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Merkel, Sarkozy: Greece is Integral Part of Euro Zone – Full statement after Conference
“Greece is integral part of the Euro zone” German Chancellor Angela Merkel and French President Nicolas Sarkozy told Greek Prime Minister George Papandreou according to a statement issued by the Greek government after the important conference call between Athens, Berlin and Paris that lasted 25 minutes. The main results of the …
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EU Under TinFoilHat-Protection: No Greek Default, No Euro Exit
Europeans send reassuring messages just hours before the critical teleconference between Papandreou, Merkel and Sarkozy and hours after Kassandra’s bombshells heralding Greek default and pushing for exit from the euro zone. EU economic and monetary affairs Commissioner Olli Rehn said on Wednesday morning: “A Greek default or euro exit would carry …
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Greek PM Fevers Ahead Talks with Merkel-Sarkozy on Sept 14
Feverish meetings were held in the office of Greece’s prime ministers’ office on Tuesday ahead the teleconference of George Papandreou and German Chancellor Angela Merkel and French President Nicolas Sarkozy on Wednesday, Sept 14th 2011. The meeting with top economists of the country were made under the specter of an …
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PM’s Bombshell: Additional Taxes to Hit Greeks in the Head
Greece Prime Minister George Papandreou shocked those Greeks who chose to listen to his speech than enjoy the Saturday night with friends. “I will take care that every family has one working member” said Papandreou in his keynote speech at the 76th Thessaloniki International Fair, while thousands of protesters were …
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Thessaloniki: Angry Greeks Booed PM (videos)
An ugly but not surprised reaction was expecting Greece prime Minister George Papandreou upon his arrival at the Municipality Building of Thessaloniki. With slogans against the anti-social austerity and boos citizens expressed their disapproval. According to some Greek media Papandreou smiled at the protesters… Video A woman protester was detained …
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Euro Zone Summit: Greece in Agony
Greek Prime Minister George Papandreou flies for Brussels today to have a series of meetings, which are covered in full secrecy for fear of any leakage of solution scenarios. “We go to the Summit with specific positions, but without specific goals”, a senior government official said, explaining that all scenarios …
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Merkel puts Papandreou Under Pressure
German Chancellor Angela Merkel has undeniably a new hobby: playing with the nerves of the EU and particularly with the nerves of the Greek prime minister. Of course, in Greece we have a particular expression, it starts with ‘balls’ and ends with ‘breaker’ but it would be too rude to write it down here …
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Hillary Clinton: What is a Greek “Frappe”?
I wouldn’t post about it but every Greek media, incl. websites and the state TV NET, apparently thought that the question of U.S. Secretary of State Hillary Clinton is worth reporting, so I just follow the trend 🙂 The query came when Ms Clinton entered the conference room at the …
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Papandreou-Clinton: Talking About… Office Decoration! (video)
That was an aspect I admit I didn’t take into consideration when I was writing about Hillary Clinton’s visit in Athens and the agenda of the talks. Greece’s prime Minister George Papandreou and U.S. Secretary of State Hillary Clinton talked about …decoration! Precicely the talked about the office decoration of Greece’s PM. …
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Is Greece Heading for Early Elections ?
Prime Minister George Papandreou is proud and optimist. And stuns about the obvious, i.e. the success of the tourism industry on Greek islands like Kos. “I am proud about Greece, Greece that gives a battle everywhere, like here in Kos, where with collective effort, with common effort we promote our culture …
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Greek Default: Lost in ‘Selective’ Translation
The stance of Greek government is clear: Greece’s Prime Minister George Papandreou didn’t not talk about ‘selective default’ (επιλεκτική χρεοκοπία) or “teilweiser Zahlungsausfall” (μερική αδυναμία πληρωμών). Papandreou’s interview in Financial Times/Germany set the political scene on fire and created new uncertainty. The interview was done in English, published in German …
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Greek PM to FT.de: Default or Not Default?
I don’t understand the Greek government. Most likely the Greek government doesn’t understand itself. More than often one has to read contradictory statements and diametrically opposed views that cancel itself by several government ministers and officials that leave a bitter and confused senses on one’s lips. Worst of all it is …
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