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Tag Archives: policy

FM Kotzias: Chicken-hearted diplomacy is for the coop, not for foreign policy

“The time when being chicken-hearted was considered diplomacy is over. This is diplomacy for the coop not for the foreign police,” Greek Foreign Minister Nikos Kotzias said in an interview on Sunday. His message was clear and was defending the latest policy of eternal ally Russia and the expulsion of …

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Scholz like Schaeuble: German policy towards Greece remains the same

So far, German Finance Minister, social-democrat Olaf Scholz had barely revealed his intentions regarding Greece and the euro zone reform. But now official papers disclose the first indications about the policy Berlin will follow. “Much sounds like his predecessor, Wolfgang Schaeuble,” writes German economic news daily Handelsblatt,that has obtained a …

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Greece installs first photovoltaic virtual net-metering PV on school rooftop

Greece’s first virtual net-metering PV system is installed on the rooftop of a school in Thessaloniki, the country’s second biggest city. The system is funded by Greenpeace Greece but is not yet connected to the grid, as it is waiting for the ministry to pass a new law. Net-metering (or …

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IMF admits “fear of Greek debt restructuring in 2010”

For one more time the International Monetary Fund acknowledged that it made mistake sin dealing and handling with the Greek crisis. In its latest report “Crisis Program Review” published on December 16th 2015, the IMF notes with regards to “Restructuring fo the Greek debt” that: “It should have been restructured …

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Lagarde claims “Greek Referendum will be legally invalid”

IMF’s Managing Director Christine Lagarde finally found the needed strength to express her view on Greece’s Referendum. Speaking to BBC, Lagarde said that next Sunday (July 5th) referendum will not be valid as the creditors’ proposal and program end on June 30th. “I can’t speak for the IMF program, because …

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IMF/EU/ECB to nail and tie Greece on fiscal discipline and measures

Greece’s lenders Troika is here to stay. It looks as if the representatives of International Monetary Fund, European Union and European Central Bank won’t leave Athens until they have tied down with nails and ropes Greece’s government officials on further economic measures and revenues increases. According to economic portal the Troika guys …

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