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Tag Archives: IMF EU ECB

Troika Won’t Meet Greek Interim Gov’ – It’ll Wait Until New Government Formed

The representatives of  Greece’s lenders from the European Commission, the International Monetary Fund and the European Central Bank, the so-called “Troika” will not visit Athens and meet the Greek interim government. Instead, they will wait until a new government has been formed after the June-17 elections, IMF spokesman David Hawley said in Washington. “We …

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Troika to Annul Collective Bargain of Greek Private Sector

The team of international technocrats known as the Troika but in fact are popular among Greeks as “The Evil, The Bad and the Ugly” are reportedly putting pressure for annulment of the collective bargain in the private sector. They demand to lower the lowest wages [and make Greece ‘competitive’ for …

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50% Greek “Haircut” or German Rescue Plan with “Treuhand”?

While the scenarios over the weekend claim a Greek haircut of 50% and the most odious preconditions with more austerity measures and the Troika be seated in Athens for a decade,  Greek Finance Minister EvangelosVenizelos meets with German Finance Minister Wolfgang Schaeuble in Washington. Tomorrow he will hold meetings with IMF-Chief Christine …

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Labor Dark Ages: Work More, Get Paid Less – The Troika-guys get heavily on my nerves

The technocrats from International Monetary Fund, the European Union and the European Central Bank are convinced that citizens of a bailout country should not be humiliated only on the papers, they should be humiliated also in practice. The so-called Troika-guys decided that an 8-hours work per day and a salary …

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Is Greece’s 5th bailout tranche in danger?

Is Greece’s fifth loan tranche in danger? Will 12 billion euros be locked in the pockets of IMF, EU and ECB? Will we default? No, I don’t think so. Then it’s not in the interest neither of IMF, nor the EU nor the ECB to deprive Greece from life-securing cash. …

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Unemployment in Greece hits record with 15,1% in Jan 2011

Unemployment in Greece reached with 15,1% a new historic record in January 2011 – in comparison: 11,3 % in January 2010, 14,8% in December 2010.  According to Greek Statistics Authority data released on Thursday, the total number of jobless reached 756.795 people. The total number of employed is 4.267.584 people. Within one …

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IMF/EU/ECB guys deeply frustrated about Greece’s public sector realities

It seems that slowly Greece’s lenders come more closely to the Greek realities. Apparently the IFM/EU/ECB controllers are deeply frustrated that they wouldn’t hesitate to propose shocking solutions for drastic cuts in public spending. “The situation is deteriorating instead of improving,  tax and customs offices are not able to collect revenues, corruption …

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Long Time not See! IMF-guys are back, Suzanne!

Executives from International Monetary Fund, the European Union and the European Central Bank will be visiting Athens for an extraordinary medical test! They will check heart beat, liver and kidney values and take the market fever. This will certainly show hypothermia. Furthermore they will  suck our blood for several tests but …

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