rich Archives - Keep Talking Greece

The World’s Richest 1% Took Home 82% of Wealth in 2017, Oxfam Says

January 22, 2018 Economy 1

Four out of every five dollars of wealth generated in 2017 ended up in the pockets of the richest 1%, while the poorest half of humanity got nothing, a report published by Oxfam found on Monday. As global political and business leaders gather for this week’s World Economic Forum annual …

Wealthy debtors don’t pay for electricity, but the “little Greeks” can live in the dark for several months

August 25, 2015 Society 1

An unidentified number of Greeks seem to suffer from heavy deficiency of “collective consciousness“. They absolutely refuse to share common beliefs and moral attitudes which usually operate as a unifying force within a society, especially in times of a crisis, and it is often expressed in form of solidarity. I …

FinMin Stournaras saw the light before elections: “It’s time for the rich to pay”

May 22, 2014 Politics Comments Off on FinMin Stournaras saw the light before elections: “It’s time for the rich to pay”

Incredibly short before the elections, Finance Minister Yiannis Stournaras saw the light. Two years after running Greece’s finances, Stournaras realized that it was the employees and pensioners bearing the load of over taxation and coming up for the obligations of the debt-ridden country. “It’s time for the rich to pay,” …

Eurogroup: Greeks secure bailout €8.3 bn but need to implement 12 “prior actions”

April 1, 2014 Economy 1

All clear in Athens front. The Eurogroup finance ministers are content with the commitments and actions of the Greek government and decided to release the next bailout installment of 8.3 billion euro from the EFSF. However not all money will come at once as our partners and lenders seem to …

Tag Archives: rich