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Tag Archives: growth

Obama, Merkel press conference: “Oh… Greece! I forgot, yes!”

“Oh… Greece! I forgot, yes!” German chancellor Angela Merkel was talking like a waterfall about the Ukraine crisis, about policies and politicians… and Ops! She forgot Greece, the issue that is currently shaking the European Union, the Eurozone and the markets. I don’t think, German Chancellor Angela Merkel was in …

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Guardian: “Greece needs debts cancelled and growth” say 35 economists

35 economists say that Greece needs its debts cancelled and growth. In an open letter to the Guardian, the economists from several countries say among others that “the negative impact of austerity policies weaken economies” and have “severe effects to the poorest households.” They urge national governments to support “a …

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Amphipolis’ Kebab & Persephone’s Gyros: 4,000 vendors want to open souvlaki grills near the ancient tomb

Funding the excavations and promoting the mysterious ancient tomb of Amphipolis, Prime Minister Antonis Samaras had an inner desire: to see the area blooming and attract thousands if not millions tourists every year.  Growth and development and revenues at full speed. And, indeed.  Samaras’ wish seems to come into fulfillment, …

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Greece got a plan: a “development model” named “Greece 2021”

Greece got a plan. A growth and development plan with the futuristic title “Greece 2021”, that is seven years from now. The plan was submitted by Finance Minister Yiannis Stournaras to Euro Working Group on Thursday in Brussels in the context with the Greek debt relief request. Here is to …

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Finally Greek success story: Recession shrank thanks to tourists

There it is! Success and development. And growth. Everything goes upwards and I really do not understand why Greeks still complain about austerity, income shrinking and a non-stop misery. Recession shrank in the second quarter and thus due to several millions of tourists that picked up Greece for their summer …

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Greece to set up “National Hydrocarbon Company”

Prime Minister Antonis Samaras on Tuesday announced plans for setting up a “national hydrocarbon company” to prospect for natural gas and oil deposits in the Aegean and Ionian seas.  Speaking at a meeting with officials at the Environment Ministry in central Athens, Samaras said that speeding up exploration for hydrocarbon …

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Greece moves forward: Samaras & Co partners visit highway construction sites

Pictures from the distant past, when politicians inaugurated ambitious projects in the presence of entourage  supporters and applauding locals. Prosperity right outside your doorstep. Prime Minister Antonis Samaras, his coalition government partner Evangelos Venizelos (PASOK) and parliamentary group leader Nikos Tsoukalis* (Democratif Left) had a common appearance today at three construction sites of …

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PASOK leader calls George Soros “international speculator”

They flashed and banged inside the Greek parliament, the political party leaders on Tuesday during the ‘hour of  leaders’. Main topic of dispute the problems of in the agriculture and the farmers. It was inevitable that the leaders sharpened their swords on the painful issue of development and growth – …

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Greek PM: “All together we can” – or not…

“With teamwork, all together will win!.I believe in the will power and the decency of Greeks in these difficult hours. The government will fight day and night to lift up our country and enter a path of development while ensuring the social cohesion that has been injured as expected. Top priority …

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Greek PM: EU Funding for development will go only to big projects

The news went almost unnoticed. It went under among billions of euro that will reach the country and make everybody’s pockets full. Everybody’s pockets? No exactly. Only the pockets of big interests that have always profited form the distribution of public money. Prime Minister Antonis Samaras made it very clear: The …

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EU Leaders Approved €120-Billion Jobs-, Growth-Plan via EIB

European Union leaders approved a 120 billion-euro ($149 billion) plan to promote growth in the 27-nation bloc that includes a capital boost for the European Investment Bank. The government chiefs agreed on a 10 billion-euro capital increase for the EIB today as a centerpiece of the long-term growth plan, which …

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Barroso Will Save Greece With Additional 15% Salary Cuts

 Jose Manuel Barroso, president of the European Commission revealed during a speech at the European Parliament how he will save Greece as a country and Greeks as citizens. In a 42-page long communique, Barroso suggested several areas where immediate actions should be taken to “show promising results by the end …

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