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Tag Archives: portugal

Independent report: The Seven Errors of IMF in Greek Program

An auditors’ body consisting of independent economists investigated the first Greek Program. In their report the economists sharply criticize the International Monetary Fund and record seven mistakes the IMF did in the Greek program. According to daily Kathimerini that exclusively published the report, the group of  independent economists and specialists …

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Portuguese and Syrian volunteers in Athens to help refugees

Portuguese and Syrian volunteers are currently in Athens offering a helping hand to refugees and migrants trapped in the ice-cold Greek capital. The six volunteers flew from Lisbon to Athens right after Christmas and landed in an ice-cold city with hundreds of people sleeping outdoors. The article was submitted by …

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Greece has mass production of “unemployed labor-craft with higher education”

Greeks continue to ‘invest’ in education and ‘produce’ qualified jobless despite the high unemployment among the youth and the highly skilled labor craft. According to OECD’s latest report “Education at Glance 2015” Greece has the highest rate in higher education. The Organization for Economic Cooperation and Development found in its …

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EU studies Spain, Italy, Greece & Portugal over banks’ potentially illegal deferred tax assets

European Union regulators are scrutinising four EU countries’ treatment of banks’ deferred tax assets (DTAs) to see if they constitute potentially illegal state aid, the European Commission said on Tuesday. The EU executive said it had contacted authorities in Spain, Italy, Portugal and Greece following requests from some lawmakers in …

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Index of 15 most miserable economies in the world: Greece, Spain top in eurozone

When is a country’s economy “miserable”? When unemployment and inflation are high, says Bloomberg. In the Misery Index for 2015, Venezuela tops the list followed by Argentina, South Africa, Ukraine and  Greece — the five most painful economies in which to live and work, according to a Bloomberg survey among 51 …

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Greece 3rd in survey “12 countries that hate their government most”

In many countries governments are quite unpopular and thus for several reasons. According to a global public opinion survey, Greece has apparently the third most hated government in the world. Only 14% of the Greeks appear to approve Samaras-Venizelos coalition government. Top on the list with the lowest government approval …

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Black Rock warns “Greece most likely to default” and nobody cares

Look what happened after four years of economic war and heavy bombardment with news about the imminent bankruptcy of Greece – a disaster that never came, because the country was bankrupt anyway.  An economic report warning of Greece’s bankruptcy risk is being released and we simply don’t care. No panic …

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European Parliament points conflict of interest within the Troika of IMF, EU, ECB

The European Commission and the European Central Bank had conflicting interests when they acted within the troika of international lenders in bailed out countries, Members of European Parliament say. Othmar Karas and Liem Hoang Ngoc, the two MEPs tasked with looking at the problems surrounding the work of the so-called …

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EUobserver: bailout advisers to Troika – the multi-million unholy business with austerity

Who are the advisers to Troika who rule over our austerity-hit lives? In Greece, in Portugal, in Ireland, in Cyprus and Spain? How do they get the jobs and the contracts? How much are they being paid to ruin the lives of citizens in the European South? What are their …

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Survey: 51% of Europeans believe austerity politics have failed

51% of Europeans believe austerity politics have failed. Greece, Portugal and Cyprus have expressed the greatest degree of dissatisfaction with austerity policies According to a study by the Gallup Institute for the “Debating Europe” platform, 51% of Europeans believe that the austerity policies implemented to combat the crisis have failed, …

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repost: ERT solidarity letter from Portugal, signed by 78 personalities – incl ex president

KTG re-posts the “ERT solidarity letter signed by 78 personalities from Portugal” – incl a former president of the country -, after several people complained they could not open to read the post and got error message “Page not Found”.  LTG hopes it will work now. original post on June …

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