July 12, 2011
Economy
I don’t like at all what I read and hear, I don’t like at all what Greece Finance Minister Evangelos Venizelos said on Tuesday afternoon. I don’t like it because when a Finance Minister gets the absolute No-No word in his mouth is extremely worrying. He sounds as if he …
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July 12, 2011
Economy, Politics
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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July 6, 2011
Economy
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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July 6, 2011
Politics, Society
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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June 29, 2011
Politics, Society
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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June 28, 2011
Economy, Politics
Ok, boys, Greeks are horrified! The deputies, not the citizens…. They are horrified that if the Mid-Term Austerity Programme is not adopted by the Parliament we all land in the bankruptcy package. A non-stop government propaganda by high ranking officials from morning til the evening, the clumsy dilemma ‘Mid-Term or …
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June 24, 2011
Politics
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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June 22, 2011
Politics, Society
All governing party PASOK deputies gave their vote of confidence to PM George Papandreou and the reshuffled cabinet. From the 298 present MP, 155 votes YES and 143 voted NO. Last night vote of confidence was a kind of pre-test for the voting of Mid-Term Austerity Programme that will most …
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June 21, 2011
Politics, Society
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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June 21, 2011
Politics, Society
Thirty-three degrees Celsius outside, the streets are burning and the souls are on fire. It’s a cruel and hot Greek Summer Day with governing party PASOK-members preparing psychologically to give a vote of confidence to the newly appointed cabinet and thousands of “Indignant” Greeks getting ready physically to create a human …
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June 19, 2011
Politics
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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June 17, 2011
Society
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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June 17, 2011
Economy, Politics
Evangelos Venizelos is the new “Czar” of the Greek debt-ridden economy. The 54-year-old Minister, until Friday morning Minister of Defence, takes charge of the Finance Ministry in one of the most critical periods for the country. He will head the government’s economic team with Deputy Ministers Philippos Sachinidis (deputy also …
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June 16, 2011
Politics
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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June 16, 2011
Politics
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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June 14, 2011
Politics
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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June 13, 2011
Economy, Politics
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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June 10, 2011
Economy
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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June 6, 2011
Economy
“The policy of government and the Troika is on deadlock” said for one more time Yanis Varoufakis, professor for economic theory at the University of Athens. Varoufakis, one of the main Greek opponents of the austerity program and the applied economic models,has repeatedly stressed that even if Greece achieves all goals by …
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June 5, 2011
Economy, Politics
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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