Tag Archives: scenarios

We have been there, we have seen that for countless times since 2010: in times of crisis and EU’s inability to cope with crises, everyone feels obliged to fire a salvo of incredible nonsense, mis-considering it to be a proof of divine inspiration. The latest example is the Belgian Interior …

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Frustrated and austerity-hit Greeks are in a huge dilemma: should they cast their vote for the political party they despise the least or should they vote for the party they believe it can handle with the least pain the 3. bailout agreement for the next four years? OK, it is …

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Greece’s lawmakers started to debate the first set of 3. bailout “prior actions” to be voted in the Parliament later today. The voting is the toughest political challenge for Syriza and Prime Minister Alexis Tsipras who most likely see his parliamentary majority decreasing. One after the other, SYRIZA Ministers and …

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After having survived the brutal Euro Summit in Brussels, Prime Minister Alexis Tsipras is facing another cruel battle today: to secure a government majority in the Parliament. With some 30-32 lawmakers of his own party openly denouncing the Brussels agreement, Tsipras most possibly will see today that the seats of …

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Greece is one minute before 12. Midnight sharp we will not all turn into pumpkins but rather into default, should we believe local and foreign media. As the whole reporting about “Greece’s Doomsday” is strongly influenced by the pro or contra propaganda with regards to Referendum on upcoming Sunday, I …

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The bailout standoff between Greece and its creditors has reached an unprecedented escalation with the default clock ticking. Two weeks before the key €1.5-billion payment to the IMF on June 30th that threatens Athens with a “credit event”, the two sides do not seem able to reach an agreement that …

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It becomes more and more clear that the Greek government is up to an intermediate agreement with its creditors in June and another one, a comprehensive to be reached in autumn. When asked about the option of an interim agreement, government spokesman Gavriil Sakellaridis said on Monday morning while briefing …

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Famous infamous Goldman Sachs analyzed the options for Greece should the negotiations with creditors end in never to loose impasse. GS’ chief European economist Huw Pill sat down in his dark room, contemplated for a long time over the Greek Plight and Plague and piled together a thoughtfully researched report. …

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A parallel currency in a parallel universe full of little parallel eurozones? German Finance Minister Wolfgang Schaeuble has reportedly said that Greece may have to invent a “parallel currency” alongside with the euro, if negotiations with the country’s creditors stall. Business Insider reports that Bloomberg reports that hardliner Schaeuble reportedly …

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Over the Easter days, Greece was exposed to a barrage of negative media reports claiming that a “Greek default” was “imminent” if the bailout talks between the Greek government and the creditors fail. The claims continued also today with the aim to increase pressure ahead of the Euro Group meeting …

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The “Grexit”scenarios have been around, alive and kicking already since last December, when the conservative ex PM made them top slogan against the left-wing. #Grexit” script-writers gave it a new boost right after the elections in January and when it became obvious that the new Greek new government had no …

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Finally! Enough with the Grexit nonsense! After days of frenzy Grexit scenarios, that plunged the euro and the stock markets, the European Union’s executive Commission said that membership in the euro bloc is “irrevocable”. However it left open to what extent Greece could renegotiate the terms after the Jan. 25 …

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The first round of political dispute in the Greek Parliament ended with a result below the government expectations. The first round of voting for Greece’s next President granted Samaras’ coalition government with thin 160 votes. 127 lawmakers from Nea Dimokratia, 28 from PASOK and just 5 out of 24 independent …

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Hundreds of property owners stood long lines outside banks on Tuesday morning in order to pay the new unified property tax ENFIA. The deadline for the first installment expires today. The majority of Greeks eager to meet their tax obligations are seniors who received their pension a day earlier. At …

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Hardly had the ballot boxes for the municipality and regional elections had closed on Sunday and the first scenario of snap polls made the rounds. Reasons for this was the exit polls showing left-wing SYRIZA candidates to lead in Athens and Attica – thus overturning the public opinion polls of …

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Hardly has Greece managed to return to the international markets and several scenarios started to circulate again about the future of the Greek debt. One of the scenarios claims that the solution would be is a great stretch of another 20 years for the pay back of the bailout loans. …

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Hardy has the button “publish” been pressed and a new financial scandal breaks out. Slowly but surely we have lost control over the counting” how many prominent and less prominent Greeks have been arrested, how many of them are free on bail, how many of them are remanded custody, how …

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There is a scenario circulating in Greece since Wednesday: that extreme-right Golden Dawn will answer with the mass resignation of its 18 lawmakers the government attempt to crack it down as “criminal organization”. Golden Dawn allegedly believes, it would come stronger out of  new elections despite the efforts to bring …

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I try to paint in my mind the picture… How a fictive scenario would look like in reality: two, three, four… trucks full of thousands fresh-printed banknotes in US-Dollars parked near a border post to Greece – in Albania, FYROM, Bulgaria or Turkey.  Bored and unsaved truck drivers, resting their feet on the wheel, chewing …

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Can the leader of a party that suffered a great defeat of -30% at the May 6th elections form a coalition government? Socialist PASOK-leader Evangelos Venizelos believes he can. While two days ago, he implied he wouldn’t accept the mandate to lead exploratory talks, after failed negotiationswith Alexis Tsipras from left-wing …

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