Tag Archives: Greek Crisis

Greek households have lost 27.9 percent of their assets in the crisis decade 2008-2018. According to an analysis by Alpha Bank, the drop was the biggest in the eurozone and is followed by those recorded in Spain, Italy and Cyprus. Germany recorded significant gains during the same period. Portugal also …

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“Dinner For Few” is a ten minute CG-animated film by EMMY award winning animation artist Nassos Vakalis. The short film depicts a sociopolitical allegory of our society in general and the Greek economic crisis as well as the economic crisis in the countries of the European South in particular. During …

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Greece should have been grateful to European aid and kept its mouth shut, the former chief of Eurogroup Jeroen Dijsselbloem said more or less in an interview on Saturday. He has clearly not recovered yet from the traumatic experience with former Greek finance Minister Yanis Varoufakis. At the same time …

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With a not lady-like gesture, Hollywood star and decades-long political activist Jane Fonda urged Greeks to show “the banks and the money-men” an ‘arm of honor!’ In an interview with Greek presenter superstar Eleni Menegaki, Jane Fonda advised Greeks to “stay strong and stand up to tyrants”  and praised them …

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Kastellorizo 23 April 2010 and 17 April 2018: Eight years ago, it was Prime Minister Giorgos Papandreou who had chosen the remote island of Kastellorizo to announce that Greece had surrendered to the International Monetary Fund and the bailout agreements. On 17. April 2018, Prime Minister Alexis Tsipras chose again …

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In recent years, at least one in five Greek women decides to not get married because of the economic crisis and unemployment. At the same time, those getting married postpone the decision of having children for the same reasons. These are the findings of survey that will be presented at …

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French President Emmanuel Macron opened his keynote speech on the hill of Pnyx with a lengthy paragraph in Greek. “Two and a half thousands years ago, Athenians invented democracy here on hill of Pnyx,” Macron read. “The fact that I speak on this hill in front of you is a …

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Greeece will need at least twenty years to have its GDP return to pre-crisis levels. This message full of … spring optimism was transmitted by Poul Thomsen, in charge of the European program of the International Monetary Fund. Speaking at a conference in the University of Oxford, Poul Thomsen said …

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Greece’s economic meltdown in 2010 was a subject of special interest for U.S. policymakers, including then-Treasury Secretary Timothy Geithner, according to the latest batch of Hillary Clinton’s State Department emails. According to an exclusive report of CNBC, some of the Clinton’s email reveal and confirm that it was nothing but …

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What? I don’t believe it! Rea-lly? Germany made a 100 billion euro profit on Greek crisis? No, kidding? HA! And yes, so it is! A study conducted by a German Economic Institute has shown that every time investors got bad news about Greece, they rushed to Germany’s ‘safe haven’ with …

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Have you ever wondered what would have been the narrative on Greece had the economic crisis occurred in Before Internet time? The world would have been much quieter even thought one cannot literally claim that the Internet is loud – though it certainly is metaphorically speaking. Greek crisis the without …

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What did the economic adviser to PM Lucas Papadimos do right right between the two elections of 2012? He transferred €450 thousands abroad out of fear the country would collapse. Τwo years later, the same man, Gkikas Hardouvelis accepted PM Samaras’ offer and assumed the office of finance ministry of …

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Outgoing Governor of Bank of Greece Giorgos Provopoulos certainly touched the heart of millions of Greek jobless and low-pensioners who shared with him more or less and for other reasons the nightmare of the Greek crisis. In the same mode like his successor Stournaras, Provopoulos claimed he spent sleepless nights …

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Ok, now I am totally confused. Is the Greek crisis over or not? I am supposed to need to know that before the elections and go cast my vote accordingly. But the government makes my choice not easy. While the Prime Minister claims the crisis will be over in three …

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Spending cuts in Greece have caused some 500 male suicides since their implementation, according to a new study. The research found a positive correlation between austerity and suicide rates after other possible links proved to be unrelated. The 30-page study, titled ‘The Impact of Fiscal Austerity on Suicide: On the …

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“Germany will do everything it can to help Greece for a successful EU presidency,” said German Chancellor Angela Merkel during a joint press conference with Greek Prime Minister Antonis Samaras. “We are beginning to see light in the tunnel ,” she concluded stressing that Germany supports the tough decisions in …

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What? We, Greeks, have disgusting habits? So nauseatic like drilling deep in our nose in public? Excavating our ears? Coughing and sneezing in the face of the other? Spitting on the street and making everything but appetizing noises while we eat? But Noooo! Darling, there are people that do not …

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 As if the notorious and anonymous “EU-source” predicting and forecasting bad omens was not enough, two more “EU-Sources” popped up and all the three together told Reuters that Greece would need another debt-restructuring. However as the issue is too complicated there is no open discussion until now about this issue, the …

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 A cry of agony, an appeal for urgent help comes from the island of Rhodes. A chronic-ill pensioner with damaged lungs has been deprived from life-supporting oxygen by the supplier. Emmanuil Taktikopoulos, 92, pensioner from Farmer’s Fund OGA  impeached that the supplier took away the oxygen delivering machine because of OGA-debts to …

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Greece’s celebrities and local show biz people sell their properties as they do not manage to keep them and pay the maintenance costs due to the economic crisis. Luxurious villas with breathtaking views. According to report by Sunday newspaper Real News  singer Lefteris Pantazis sells his villa which has a …

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