Two days ago, I posted a question: why the EU-partners did not support Samaras coalition government. Today Reuters comes to confirm my suspicion. That the EU-partners together with the International Monetary Fund literally pulled the carpet under Samaras’ feet by asking more austerity measures: “IMF and EU officials insisted on …
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Presidential elections? I got that feeling of Greek Déjà vu
I have the strong feeling that since yesterday I live a Greek déjà vu experience. Components of the situation we face today that is the “political games vs snap elections” strongly remind me of summer of 2009, when then main opposition party PASOK was threatening the government of Nea Dimokratia …
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+++Athens Stock Exchange biggest crash since 1987: Losses at -13.04%
Athens Stock Exchange recorded the biggest crash since 1987! In a storm session and a massive sell off stocks and shares worth more than 212 million euro changed hands and losses reached short before the session closed at -13.04%. Banks losses reached -18.66% (Piraeus), -19.02% (NationalBank) -12.09% (Eurobank) -16.06% (AlphaBank) …
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Budget 2015 passed; Eurogroup to decide bailout extension
With 155 “Yes” coalition government partners Nea Dimokratia-PASOK and one independent MP voted in favor of another austerity budget for debt-ridden Greece. 134 opposition MPs and independent MPs voted “No”. One independent MP voted “Present”. The voting took place in the presence of 290 lawmakers as ten lawmakers were absent. …
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Troika, Greece meeting in Paris had also a Snap-Polls Dragon
Like in all good old fairy tales, the meeting of Troika and Greece’s representatives in Paris had a dragon. A dragon spitting fire and generously distributing slaps in the face of the team sent by Samaras-Venizelos coalition government to negotiate with the country’s lenders the bailout exit. Aim of the …
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SYRIZA: “Snap polls here and now!” Tsipras asks President Papoulias to convey CoPL
Greece’s main opposition party SYRIZA wants elections “here and now!” In a meeting with the President of the Republic, left-wing leader Alexis Tsipras asked Karolos Papoulias to convey the political leaders so that they would agree to dissolve the Parliament and set the date for snap elections. Greek media report …
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Did Greece feel the good vibrations of 2014? Hm….
New Year is here. Whether it will turn happy or unhappy, it’s still to be shown. We have 354 days ahead to confirm what our friends have wished and what the horoscopes predict. That’s on the personal level. On national level nothing changed even though I took the Prime Minister’s …
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PM Papademos Bids Farewell and Warns Greeks of “Tough Times Ahead”
Greek prime minister Lucas Papademos announced that elections will take place on May 6th and warned Greeks of tough time still to come. In a televised address to the nation Papademos said that “Greece is in the middle of a difficult path.” Papademos said that his government had completed its …
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Greek PM Papademos: “Elections on May 6th”
Greek Prime Minister Lucas Papademos told his cabinet ministers that the early parliamentary elections will take place on May 6th 2012. Papademos revealed the date of elections at the last meeting of the cabinet, Skai TV reported. The prime minister will meet the president at 5:00 pm and brief him …
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Greece’s Early Elections: Parliament to be Dissolved Apr 11/12?
Greeks are one breath away from …hearing the date of the snap polls. Speaker of Greek Parliament Philippos Petsalnikos said on Tuesday afternoon that the Parliament concluded its legislative work, allegedly due to Easter Holidays (Greek Orthodox Easter on 15. April 2012). However he also took the floor to speak about “the …
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Greece Heads to Snap Polls but No “Politicians” Around?
Tomorrow, Tuesday, there is another crucial ( the No 1,453 ?) voting that will take place in the Greek Parliament. The voting for the odious Property Levy that triggered outrage in the society. And not only. Quite a number of ruling party PASOK had to feel the strong pressure of …
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