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Greece denounces the illegal Turko-Libyan memorandum to UN

Greece has submitted a letter to UN Secretary-General Antonio Guterres outlining the background of the illegal Turkish-Libyan memorandum. The Permanent Representative of Greece to the UN, Maria Theofili, underlined in the letter that “Greece maintains all its rights under international law and calls on Libya and Turkey to respect the …

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IMF demands €450mn austerity cuts in unemployment, poverty allowances for 2018

The austerity nightmare has no end. Despite the fact that the International Monetary Fund has only an adviser role in the third bailout program, it keeps pushing and pushing for cuts and more cuts without end. It wants cuts in unemployment allowance – currently at 360 euro. Cuts in poverty …

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Greece and Russia sign Memorandum on Turkish Stream pipeline

All good on the Eastern Front. Greece and Russia signed a memorandum of cooperation on the Turkish Stream gas pipeline, Prime Minister Alexis Tsipras is going to meet President Vladimir Putin in the afternoon. The Greek delegation officially attends the Saint Petersburg International Economic Forum. Friday morning, Russia and Greece …

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IMF: Kill Greece’s Private Sector in 9 Steps

Master Mind Bob Traa, a Dutch,  is the permanent representative of the International Monetary Fund in Athens. He put down in a memo the 9 steps-measures that he has in mind apparently in order to increase competitiveness and provide economic growth in debt- and recession-ridden Greece. For these reason workers …

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