package 11.5 billion euro Archives

€11.5-Billion Package: Totally Perplexed About the Upcoming Austerity Cuts

September 19, 2012 Economy, Editor Comments Off on €11.5-Billion Package: Totally Perplexed About the Upcoming Austerity Cuts

I am totally baffled! And with me, millions of Greeks following the negotiations between Athens and the Troika, the bargain on the austerity measures to come with the €11.5-billion package. On Friday, we read about the raise of retirement age from 65 to 67, on Monday we read “the Troika doubts the …

Greek Gov’t Priority: Saving the Public Sector and Have All Greeks Pay the Price

September 13, 2012 Economy 2

Things look bad for the Greek private sector, in fact for all working Greeks, if we believe the leakages to the Greek press by several government sources concerning the progress of the11.5-billion-euro package of austerity measures. What we have been hearing since yesterday watching the news on TV is this: …

Why No Politician Dares Telling Greeks About the €11.5 Billion Cuts?

August 6, 2012 Economy, Editor 3

The Troika left, Greek politicians were left behind. In Athens. Greece’s lenders inspectors left the Greek capital Athens on Sunday after they laid the country’s coalition government leaders on Procrustes* bed. Representatives from IMF, EU and ECB did not stretched them on the rogue’s bed. Instead, they cut so much it needed to fit to …

€11.5-Billion Spending Cuts? Greek Government Talks About A Strategy Plan…

July 31, 2012 Economy, Editor, Politics, Uncategorized 3

There is something odd about the talks between Greece’s government partners Antonis Samaras (ND), Evangelos Venizelos (PASOK) and Fotis Kouvelis (Democratic Left). The three leaders, their parties’ committees and negotiation teams from several ministries have been apparently talking about the 11-billion-euro package of Troika-measures under the guidelines of Finance Minister Yiannis Stournaras …

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