With two signatures Greece and Egypt formally “buried’ the illegal Turkey-Libya agreement in the Mediterranean Sea. Greece and Egypt signed a Memorandum of Understanding (MoU) on Cooperation in the Fields of Aeronautics and Maritime Search & Rescue in Cairo on Tuesday. The agreement was signed by Greece’s National Defense Minister …
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Greece and UK sign Memorandum on Strategic Bilateral Framework
Foreign Minister Nikos Dendias and Foreign Secretary Elizabeth Truss signed a Memorandum of Understanding (MoU) on Strategic Bilateral Framework between Greece and the United Kingdom in London on Monday. No details of the MoU were given to the press other than the signed agreement enables individual agreements to be reached …
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US: Turkey-Libya MoU “provocative”, islands have EEZ & continental shelf
With a good portion of delay, the US State Department finally took position on the Turkey-Libya Agreement and Ankara’s Claims that the Greek islands have neither Exclusive Economic Zone and continental shelf. The agreement on maritime boundaries in the Mediterranean Sea signed by Turkey and the Tripoli-based Government of National …
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“Turkey blackmailed Libya to sign Agreement,” says Greece
The Greek Foreign Ministry suggests that Turkey blackmailed Libya so that the government in Tripolis signs the agreement of the “maritime boundaries in return of arms, weapons and ammunition. Citing diplomatic sources, media report that Athens has pictures in its hands documenting arms shipments from Turkey to Libya and in …
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Turkey submits MoU to UN to register “maritime boundaries” with Libya
“Turkey has applied to United Nations to register the agreement signed with Libya that sets the countries’ maritime boundaries in the Eastern Mediterranean,” Anadolu news agency reported on Thursday. Citing diplomatic sources, Anadolu said Ankara applied to the UN to register the memorandum on Wednesday. A Foreign Ministry official confirmed …
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Turkey’s Parliament ratifies Agreement with Libya (text)
The Turkish Parliament ratified the memorandum of Understanding with Libya on Thursday evening. The MoU is in fact an Agreement renamed into Memorandum in order to avoid ratification by the Libyan Parliament that has disagreed with it. The pseudo-MoU has already condemned by Greece, the EU, US, Russia, Egypt, Israel …
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Greek Foreign Ministry receives copy of controversial Turkey-Libya deal
The Greek Foreign Ministry has received a copy with the content of the controversial “maritime boundaries” Memorandum of Understanding between Libya and Turkey, state broadcaster ERT reported Thursday noon. Citing diplomatic sources, ERT reported that the Foreign Ministry is examining the content of the Agreement. It is not clear, who …
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ESM approves Supplementary MoU for Greece, tranche disbursement still due
The Board of Governors of the European Stability Mechanism (ESM) approved on Wednesday, the Supplemental Memorandum of Understanding (MoU) with Greece in a meeting via teleconference. This follows the conclusion of the second review of the ESM programme for Greece. The Supplemental MoU is a document updating the reform commitments …
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ANALYSIS Experiment Greece: Operation successful, but the patient died…
“Greece’s latest cuts extend austerity to decade mark,” Associated Press wrote this morning with reference to the new austerity package bringing measures worth 4.9 billion euros for 2018-2021. Just a decade? The country is been restructured and rescued, while parts of the society cannot afford a descent living. The upcoming …
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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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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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Tsipras rejects “signature of commitment” to loan agreements with the Troika
Alexis Tsipras, leader of main opposition party left-wing SYRIZA rejected the option that he would put his signature under the Memorandum of Understanding (loan agreement) between Greece and its lenders. Speaking to SYRIZA parliamentary group meeting on Wednesday, Alexis Tsipras said: “If they dare to ask our signature on their …
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Troika bailout agreement: looting Cyprus natural resources
The final terms of the bailout agreement between the Cypriot government and the troika of international lenders are to be worked out and have been finalized until Thursday, in order to be approved by the Eurogroup working group. The deal is based on the bailout terms agreed last November with …
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Greek Madhouse: State-Run Entreprises “Forgot” to Cut wages, Government “Forgot” to Control
The managements of Greek state-run enterprises seem to be very forgetful. So forgetful, that they “forgot” to implement government decisions concerning wages cuts for thousands of employees at state-run enterprises (DEKO) and other state bodies and organizations. Even worst: the government forgot to control if laws and decisions are been …
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UPD: PM Samaras’ Letter to EU Leaders Has Been Delivered – Full Text
Greek Prime Minister Antonis Samaras expressed his full commitment to the terms of the bailout programme and asked adjustment in terms of unemployment and recession. In his letter to EU leaders, that was delivered by President Karolos Papoulias at the EU Summit in Brussels, Samaras writes: “As I informed you, …
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EU Plans Loan-Agreement Concessions to New Greek Government?
Concessions? What concessions? Several international newspapers have been reporting about it in the very last days before the crucial June 17 elections. Is it true that the EU wants to make concessions in the bailout terms or is it just another ‘leakage’ aiming to convince Greeks to cast their votes for …
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Venizelos (PASOK) Wants Revision of the Loan Agreement (MoU)
Leader of socialist PASOK, Evangelos Venizelos, tabled a proposal with six points concerning the revision of the loan agreement between Greece and its lenders. During his meeting with acting prime minister Panagiotis Pikrammenos on Monday, Venizelos claimed that Greece can achieve the revision of MoU, even though leading EU officials dismiss …
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Athens: Day After for Papademos’ Gov’ and Parliament Composition
At least 45 burned down shops, banks and cafes, some 160 civilians and policemen injured, looting, thousands of hurled stones and hundreds of fired tear gas devices, 199 “YES”, 74 “NO”, 45 expelled MPs: The second Memorandum of Understanding and the new austerity package passed by the Greek Parliament on Sunday leaving the …
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Greek Coalition Gov’ Partner Threatens Not to Sign Troika’s MoU
Greece’s lenders pressure the party leaders forming the coalition government to put down their signatures under the new loan agreement, the new Memorandum of Understanding containing austerity measures that will elimination large parts of the Greek society, threatening ‘No signature, No Money’. Here comes one of the coalition gov’ partners, far-right LAOS, …
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Merkel Admits: She Can’t See Greece’ MoU And Austerity Don’t Work Unless She Wears 3D Glasses
Finally German Chancellor Angela Merkel can see clearly things in their real dimensions. In lenght, width and depth. With the help of 3D glasses, Angela Merkel managed the optical breakthrough. However she saw only two dimensions of the Greek Debt, despite the 3-dimensional aid. Merkel saw that neither the Memorandum of Understanding between …
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