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Tag Archives: scenarios

FinMin Schaeuble said Greece may have to invent a “parallel currency”

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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Business and claims as usual: “Greece is defaulting” each and every day

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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“Grexit” scenarios with Drachmas flying around…

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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Presidency voting – The Day After: scenarios & political initiatives

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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Greeks hit bottom; elections the only solution

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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Scenario: Early elections end of June 2014 or beginning of July

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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Greek debt scenarios: “Great stretch” or “time to default”?

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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Greek “untouchables” …touched: a scandal per day keeps the crisis away?

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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Greek Gov’ Talks: …and the Baton Goes to Venizelos!

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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