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Tag Archives: loan agreements

Greeks suffered wages losses of -28.16% from 2010 to 2015

Five years of loan agreements, memoranda of understanding, austerity measures and internal devaluation. And here is the bill for Greece’s employees: a decrease of 28.16% within five years. According to data from the Hellenic Statistical Authority (ELSTAT) salaries were cut by 28.16% in the period of the first memorandum of …

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Juncker, Trichet, Draghi, Lagarde, DSK & the other kids of MoU-block to testify in Greece’s Loan Agreements inquiry

Applaud! Excellent Idea! Former ruling and coalition government partner, Socialist PASOK proposes that all responsible for the two Memorandum of Understanding (Loan Agreements) and the Greek Bond swap (PSI) should testify in front of the parliamentary committee investigating the conditions and implementations of the agreements with the lenders. In a …

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Greek gov’t to table proposal for inquiry into Loan Agreements (MoUs)

Left-wing SYRIZA tabling Tuesday evening a proposal for the establishment of a Parliament committee assigned to investigate the laon agreements (Memorandum of Undestanding) between previoous Greek governments and the country’s lenders IMF, EU and ECB. The inquiry will investigate the time periods October 2009 -May 2010 (Papandreou gov’t, 1. loan …

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Greeks launched 20,120 protests in four years of IMF loan agreements

Loans agreements, harsh austerity measures, income and pension cuts and elimination of labor rights sent Greeks 20,120 times to the streets since 2010, when the country sought the “rescue” through the International Monetary Fund. According to the data given to the Greek Palriament by Minister of Citizen Protection and Public …

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