Tag Archives: report

Stuck in recession, plagued by soaring unemployment and suicides – the Greek plight is dragging on, sending shivers across the EU. Greece is struggling to meet the conditions of its international lenders, who are pouring billions into the ailing economy. But when will the rescue package actually work? Or has …

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The death of famous fashion designer Michalis Aslanis remains a mystery even after the preliminary results of the autopsy. “Aslanis died from pulmonary edema,” Greek media report on Thursday, citing the coroner who conducted the autopsy. Greek fashion designer Michalis Aslanis died from pulmonary edema according to a preliminary post …

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How much clown can you be? It looks as if “clownessness” has no limits. Three years after the loan agreement with Greece, the clowns of International Monetary Fund are still puzzled about the causes as to why the Greek fiscal adjustment program did not work and that recession grew much …

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While even EU politicians have repeatedly claim that Greeks cannot afford more taxes, the EU technocrats with the blessing of those EU politicians came to the conclusion that Greeks will have to pay the so-called ’emergency taxes’ also for the next years. In the latest European Commision report on Greece issued on Monday, …

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There must be something rotten in the economic reports, predictions and forecasts concerning Greece. While locals, like the Bank of Greece see “light at the end of the tunnel”, internationals like the OECD seem to see that this light belongs to a train… The Organization for Economic Cooperation and development …

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Greece’s neo-nazi party has apparently a noble cause. Only to help people in need, “like the Hezbollah does in Lebanon”. That was said by GD MP Ilias Panagiotaros to Australian network SBS “Dateline” program. Furthermore, the lawmaker suggested that instead of people committing suicide, they should rather “kill those responsible for …

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Recession in Greece is likely to end in 2024 but unemployment will remain above 20 percent for another three years. That would be …ehm… let me count… in 2016! Nice perceptive for the more than 1.3 million jobless. In a report published on Friday, the European Commission predicted the possibility …

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Economic  recovery is at sight, Greek Finance Minister Yiannis Stournaras told us last week. He said, he believed and hoped that things would get much better by end of 2014 and that unemployment would start decreasing later. In short, Stournaras told us to have faith, be patience and try to …

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Germany’s central bank Deutsche Bundesbank sharply criticized the European Central Bank for the ways it handles the eurozone rescue and still sees risks for Greece to exit the euro area. In a 29-page report the Bundesbank analyses the risks of the euro rescue policies.  The report was prepared by DB …

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That’s an interesting public opinion survey result that will increase pressure for the Greek government to carry on with the WWII demands from Germany. Eight in ten Greeks believe, the government should pursue Germany over the reparations for damages during the 2. World War. Even if some compensation was given …

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Foreign Minister Dimitris Avramopoulos handed over to Greek State Legal Council the report published on Sunday by newspaper To Vima. The report suggested that Germany owes Greece 162 billion euro in World War II reparations. The president of the Greek State’s Legal Council, Fokinas Georgakopoulos will be examining the report, …

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Greek government allegedly has finally collected all leads, evidence and legal arguments regarding the reparations from World War I and II Germany should pay in debts. A Finance Ministry committee assigned to investigate the matter got together the total amount of 162 billion euro in outstanding World War II debts …

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Open Society Foundations published a study that has investigated the w worldwide program to hold and interrogate suspected members of al_Qaida in the aftermath of 9/11. The governments of 54 countries have reportedly gave their assistance to the CIA countries played host to CIA rendition flights. “Known as “extraordinary rendition,” …

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Greek police started a service where victims and concerned citizens can report incidents of racist attacks. Under telepone number <11414> any Greek or foreigner can report racism motivated attacks. Departments and Offices of Racial Violence Response went in effect on Monday, January 17th 2013. The assigned offices will  collect data …

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Do you remember the report by IMF advisors Blanchard & Leigh “Growth forecast errors and fiscal multipliers, who were admitting the negative effects of the austerity measures? French weekly magazine Marianne wrote an article about the fatal mistakes made by the International Monetary Fund and located the calculation error – the wrong multiplier! The incredible …

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 Wealth and prosperity is under way and Greeks should be patient with the sacrifices they’re enforce to do. What if one household is forced to live on candle light as the Public Power Company cut the electricity due to outstanding bills. What if another household has two jobless parents and …

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Offshore natural gas could dramatically change Greece’s fortunes, should early estimates of $600 billion worth of reserves be confirmed, according to a study presented to Prime Minister Antonis Samaras in June and seen by Reuters. The study, collating existing scientific data, says that geological similarities indicate that reserves offshore Crete …

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What? You thought that dumping labor wages down to 500 euro per month would boost competitiveness? You thought that working 13 hours per day, 6 days per week will turn the debt-ridden country into growth paradise? The myth of “wages dumping as the fundament for competitiveness” is collapsing and thus by a report of …

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The 20-pages long Greece report published by the European Commission today refers to first and second bailout programme, its implementation or lack of it in the debt-ridden country. However, to tell you the truth I really doubt that this report was written by EC staff , bureaucratsand technocrats. EUfo Waving to …

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OMG! Even Greece’s biggest bank, the National Bank, joined the anti-SYRIZA chorus. You know SYRIZA don’t you? The party whose leader Alexis Tsipras “threatens” to ruin Greece, the eurozone, the global economy from the humblest hut in a remote sub-Saharan village to a impressive glass skyscraper in Wall Street. How? He wants to cancel the …

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