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Tag Archives: government

Greeks are holding their breath as the countdown for Gov’t reshuffle ticking

Greeks are holding their breath in agony and expectation. The countdown clock for Greece’s coalition cabinet reshuffle is ticking. It is ticking to the right – Samaras’ Nea Dimokratia – , it is ticking to the left -Venizelos’ PASOK. According to latest media reports, it is also ticking to the …

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Greek Gov’t to hire 14K civil servants after laying-off 14K

Greek government plans to hire some 14,000 civil servants and thus despite the fact that more than 4,000 were laid off last year and more than 15,000 are to be laid-off this year by the orders of the Troika. Crazy? It depends… According to the governmental recruitment plan obtained by …

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“Temporary” turns “permanent”: solidarity levy & trade fee

It’s a common knowledge that nothing is more permanent than the temporary. And so, the solidarity levy and the trade fee, that is the extraordinary taxes imposed by the Troika will most likely be collected also after 2015. Greek media report that the Greek government and the country’s lenders representatives …

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Greek gov’t relief measures: €600 for homes damaged by Kefalonia earthquake

Greek government announced a series of emergency measures to meet basic needs of residents of Kefalonia, hit by a powerful earthquake on Sunday. To start with, the government will disburse directly 100,000 euro to the municipality of Kefalonia and another 100,000 euro to municipality of Ithaki in order to cover …

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Sitting on the dock of the bay… wastin’ time

There is no news. In the peak of Greek summer vacation season, between 10th and 18th of August, there is no news. Practically not important news, I mean to say.  First of all, it’s the government and its ministers that take a couple of days off from heavy workload with set …

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NYT op-ed: Only the Left Can Save Greece

Samaras’ coalition government did not fall apart, the prime minister of Greece survived another crisis, however   the risk of early elections has not being averted. The economic austerity circumstances make the survival of any coalition government and Samaras in PM-chair for another three years almost impossible. Just to add some …

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European Commission urges Greek gov’t partners “to keep the political stability”

I think the European Commission got some kind of cold feet over the possibility of Greece’s coalition government collapse. While the European Commission declared  that it was up to national governments to take decisions over public broadcasters, it urged coalition leaders to keep the political stability and fiscal adjustment program. …

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What does it mean “signs of hope” in Greek economy?

I am indeed very keen to know whether Greece is turning the misery page and swimms towards its economic recovery, or we’re just waiting around the corner with our nose in the air scenting the atmospheric high moving towards Greece. Or not. Here in the sun-kissed but debt-ridden country, we have …

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Greek central government revenues down 25% in March

March central government net revenues declined by 25% yoy* partly as a result of the payment of previous months΄ tax refunds. VAT revenues reportedly declined by 15% yoy. In the period Jan-March, net revenues reportedly declined by 12% yoy. In the 3 month period, the revenue shortfall versus budget is …

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ECB urged Cyprus to vote levy Sunday, “to avoid problems with banks

A European Central Bank official on Sunday asked President Anastasiades for a decision on a levy on deposits to be taken today, so that commercial banks open on Tuesday, the Cyprus News Agency has reported. CNA said the request was made as the president was briefing the House Finance Committee …

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Greek Gov’t & Troika to grab the daily bread out of the mouth of low-pensioners

Greek government and the Troika plans to cut even low pensions of 486 euro per month as the hole in the country’s biggest insurance fund IKA has reached one billion euro. According to daily Eleftherotypia, the plan foresees cuts of 1) 15 euro per month in 486-euro pensions for private sector. The …

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OSF study: 54 Countries Helped CIA-Jets in rendition flights

Open Society Foundations published a study that has investigated the w worldwide program to hold and interrogate suspected members of al_Qaida in the aftermath of 9/11. The governments of 54 countries have reportedly gave their assistance to the CIA countries played host to CIA rendition flights. “Known as “extraordinary rendition,” …

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Greek Communist party slams gov’t “vulgar propaganda” over video footage

A row broke between Greek communist party KKE and the government after media broadcast of a video footage showing damages in the labour ministry apparently caused by the party’s unionists PAME during Wednesday’s occupation.  Video: broadcast by Skai TV, displaying the pictures given by Labour Ministry embedded by Embedded VideoYouTube …

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Greek Gov’t to Metro Workers: end strike or requisition and lay-offs!

Greek government sent an ultimatum to striking Metro workers threatening them with lay-offs and ‘enforced mobilization’ or requisition. On Tuesday, government spokesman Simos Kedikoglou gave Metro workers time to resume work by next Thursday and end their strikes that prohibit the operation of Athens metro for the seventh consecutive day. “The leaders of this unacceptable …

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Athens: Protesting Municipality Workers Carry the Government to …Grave.

Four men in black carry a wooden coffin. The band of Athens Municipality plays funeral music. Three men carry funeral wreaths with the names of the leaders of the three-party coalition government. The procession walks slowly through the streets of downtown Athens, passes through the Ministry of Administrative Reform and reaches outside the Greek …

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Greek Coalition Leaders Reached Basic Agreement on €11.5 Billion Package

After three hours of consultations, the three political leaders of Greece coalition government managed to reach a basic agreement on the 11-billion-euro cuts-package and the additional 3-billion-euro tax tsunami. Short after the meeting, Finance Minister Yannis Stournaras told the media, that the heads of the three coalition government parties had reached a “basic …

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Greek Coalition Leaders Meet to Finalize New Austerity Package

Greek coalition government partners Antonis Samaras, Evangelos Venizelos and Fotis Kouvelis meet on Thursday morning to finalize the austerity package of 11.5+2 billion euro for the years 2013-2014. While the three leaders have agreed on main cuts there are some measures that meet the objection of Venizelos (PASOK) and Kouvelis (Democratic Left), …

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