Monday , September 26 2022
Home / Tag Archives: Greek Crisis

Tag Archives: Greek Crisis

Greek households lose 27.9% of their assets during crisis decade 2008-2018

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 …

Read More »

“Dinner For Few” Provocative allegory on Greed by Nassos Vakalis (video)

“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 …

Read More »

Tsipras in symbolic Kastellorizo: “We don’t negotiate, we don’t trade a span of soil”

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 …

Read More »

Greek women postpone marriage and maternity due to economic crisis and unemployment

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 …

Read More »

IMF Thomsen: Greece will need at least 20 years to return to pre-crisis levels

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 …

Read More »

Hillary Clinton’s emails: US interest in Greece’s crisis is pure geopolitical

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 …

Read More »

Study: Germany made €100bn profit on Greek crisis

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 …

Read More »

Outgoing BoG Governor had “sleepless nights” not knowing what currency Greece could possibly have

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 …

Read More »

Study: 500 male Greeks committed suicide “solely due to fiscal austerity”

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 …

Read More »

Samaras in Berlin – Merkel sees light in the Greek tunnel

“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 …

Read More »

Karl Lagerfeld: “Greeks have disgusting habits”

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 …

Read More »

EU-Sources to Reuters: Greece Will Need More Debt Restructuring

 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 …

Read More »