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Tag Archives: George Papandreou

Greek PM To Tour EU, Looking For Allies

Greece Prime Minister George Papandreou is due to tour European capital -cities- and have contacts with Leaders of European countries in order to push towards a fast track lasting solution for the Greek debt. The initiative of the Greek PM is considered necessary after delays in the Eurogroup to finalize …

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Moody’s Violently Kicked EU’s Butts Over Portugal

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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Greek PM: It’s Everybody’s Duty to Preserve Democracy

An important message and measures against violence were announced by Greek Prime Minister George Papandreou on Wednesday. Speaking at the Ministers’ Council, Papandreou urged all political forces and all citizens to guard the democratic normality and the unimpeded functioning of the Republic. “It’s not just the crisis that generates the phenomena …

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Max Keiser: Papandreou is the Greek “Ceauşescu”

Somebody is really mad about what happened in Athens on Wednesday and the unprecedented use of tears gas even expired one (see picture below). Interesting is the fact that he is not even Greek. He is Max Keiser, the famous American broadcaster,  film-maker, and former equities broker  and  host of  “Keiser …

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Greece Mid-Term Austerity: Will They Vote For It?

The Parliament group of governing party PASOK is boiling after the announcement of the new austerity measures. The voting on the Mid-Term Austerity Programme has been set for June 29th and 30th (Implementation Law). Already two PASOK deputies declared this morning on Greek television channels, that they will not give their …

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Athens June 21-Protests & Confidence Vote – Live blogging

Estimated 30,000 “Indignant” Greeks have gathered outside the Greek Parliament on the 28th day of the protests. Chanting slogans, waving Greek flags and ‘attacking’ the Parliament building with laser teasers they try to influence the lawmakers inside the building. Tuesday midnight the vote of confidence for the reshuffled government will …

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Greek PM: We had 3 Options-Default, Eurozone Exit, Bailout

Greece prime Minister George Papandreou revealed for the first time he was considering the options of “default” and “exit the eurozone” but that he finally picked up the “bailout”.  Speaking at the Greek Parliament during the debate for the vote of confidence, Papandreou announced a referendum for ‘important changes’ among …

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48h General Strike Despite Greek Gov Reshuffle

Private sector labour union GSEE decided to launch a 48-hours general strike during the days of debating and voting of the Mid-Term Austerity Package at the Parliament. The dates of the strike will be set according to the voting schedule. Also public sector labour union ADEDY is considering a general …

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Greece: Government Reshuffle Postponed

Greece’s government reshuffle will be announced on Friday, June 17 at 9 a.m.  At 1 pm the new ministers will take  their oath. Prime Minister George Papandreou can seek vote of confidence at the Parliament the earliest on Sunday. Unconfirmed information claim the confidence vote to take part on Tuesday, …

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Breaking: Another PASOK-deputy resigns!

Ektoras Nasiokas, PASOK deputy from Larisa, just announces his resignation on television! However he gives up also his seat to the party, so that PASOK keeps 155 seats in the Parliament. One hour ago, another deputy, Giorgos Floridis submitted his resignation

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A Greek Political ‘Bomb’: PASOK-MP Resigns over IMF-Bailout

A political ‘bomb’ exploded in the hands of  PM George Papandreou Tuesday afternoon as Giorgos Lianis, MP of the governing party PASOK, submitted his resignation over the IMF/EU ‘Mid-Term Stability Programme”; also  known in Greece as “the 2nd. Memorandum”. Lianis, a lawmaker for 22 years, explained his decision saying in …

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Mid-Term Package – Voting Schedule

Prime Minister George Papandreou is adamant on passing the Mid-Term Austerity Package through the Greek Parliament. According to latest information, the Package will be submitted to the Economics Commission of Parliament on June 15 for a so-called ‘fist reading’. Most probably the commission will conclude its works on June 17, unless …

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Greek Cabinet Approves XXLL Austerity Measures

Greek cabinet approved on Thursday a package of  austerity measures, the so called ‘II. Memorandum of Understanding” or else “Budget Plan 2011-2015” or else “Mid-Term Stability program” dictated by the IMF/EU/ECB Troika. Call it whatever you want, the package contains measures that will kill small and medium enterprises, drive mad families, starve …

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Vote for IMF-Package or Vote for Bankruptcy? Early Elections in July?

The next days will be dramatic for the Greek government as 16  PASOK deputies express concern about the Mid-Term “Rescue” Package imposed by the IMF/EU/ECB Troika.  Furthermore, quite some government ministers allegedly oppose the bright spectrum of privatizations and assets sales. Others oppose the idea of having ‘Troika-Commissioners” overlooking their jobs. Prime …

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