Greek Prime Minister Alexis Tsipras slammed both the International Monetary Fund and the German Finance Minister Wolfgang Schaeuble for their policies leading to delays in the conclusion of the second review of the third bailout program. Speaking at the central committee meeting of SYRIZA on Saturday, Tsipras said that those …
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ECB’s Coeure: Europe’s success in dealing with Greece is Europe’s success in …
“Europe’s success in dealing with Greece is Europe’s success in dealing with itself,” European Central Bank (ECB) Executive Board Member Benoît Cœuré said in Athens on Monday, while failure to support Greece will also be a failure to support itself. He noted that Greece had made a lot of progress …
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Speech in Athens: Obama praises Democracy, Sacrifices of Greeks
US President Barack Obama started his speech with “Yias sas!”, “Kalispera!” and “Filoxenia”(hospitality). He used other Greek words like “foustanella”, “spanakopita” and “ouzo” At the end of his 40-minute long speech he said “Zήτω η Ελλάς” (Long Live, Greece) and had Greeks cheer. President Obama speech without teleprompter or notes …
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Obama cancels his speech in Pnyka for reasons of … bad weather
Outgoing US President Barack Obama cancelled his planned speech in the open space of Pnyka, officially due to upcoming bad weather front. The speech was scheduled to take place on Wednesday, November 16th 2016. Unofficially the reasons are rather of “security” as Pnyka at the feet of Acropolis is an …
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AthensNewsAgency fires Turkey correspondent over Erdogan’s “Referendum in Thrace”
A diplomatic incident between Turkey and Greece has been avoided after Athens News Agency published a corrected version of the statement by Turkish President Recep Tayyip Erdogan on the “referendum in Thrace.” According to ANA, in his speech in Rize earlier today, Erdogan did not call for a “referendum in …
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Erdogan’s expansionism claims “from Thessaloniki to Mosul, from Gaza to Siberia”
Turkish President Recep Tayyip Erdogan has apparently suffered a megalomania attack, fell in delirium and claimed to expand Turkey’s borders to Greece’s Thrace, Thessaloniki, Aegean islands and the whole of Cyprus. But he claimed as well a bit from Bulgaria, Georgia, Syria and a large portion of Iraq. The mad …
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EC Juncker claims: “I spoke with leaders of other planets” (video)
They exist. They live among us. And they are concerned about the European Union. Who? the Extraterrestrials! They proof that all this is true came from the President of the European Commission Jean-Claude Juncker. During a speech on the 28th of June in the European in Parliament in Brussels, EU …
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ECB’s Draghi calls on Eurozone-members to proceed with “structural reforms”
President of the European Central Bank, Mario Drahi, called for structural reform of the Eurozone and called on the 19 members to proceeded with them as soon as possible. The cost of delaying structural reforms is “too high, by hurting labor and productivity that reduces economic potential in the long …
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Draghi’s awkward memory moment: Not the role of ECB to use its monetary policy to force governments to reform
It is a working psychological survival strategy: one creates a bubble, gets in and lives comfortable and nicely till the end of the days. When the bubble is drawn with bright colors, the protection is almost perfect – especially when these bubbles are institutions like the European Central Bank. Too …
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PM Tsipras: 2016 will mark the recovery and reconstruction of Greece
First time a Left-wing Government, long negotiations that ended in a third Loan Agreement, the Refugee Crisis and Taxes: these were the highlights for Greece in 2015. Prime Minister Alexis Tsipras described the year that was as “the year of struggle and solidarity, when Greeks raised their heads and claimed …
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FinMin Tsakalotos: Greece seeks “debt relief deal” with creditors in February 2016
Greek Finance Minister Euclid Tsakalotos criticized his predecessor Yanis Varoufakis and the first SYRIZA-ANEL government. He accused them for not having done enough against tax evasion or corruption. Speaking at the Economic Conference organized by the American-Hellenic Chamber of Commerce., Tsakalotos said among others that “for some social classes taxation …
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President Hollande at EP: “Mea Culpa. We abandoned Greece”
I am desperately trying to find a picture of President Francois Hollande shedding a tear or even using a lash against himself in order to propitiate himself from his big sins. In an emotionally moving speech at the European Parliament, Hollande put the blame on him for all Greece economic …
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PM Tsipras announces Gov’t goals, budget draft sees austerity worth €6.4 bln
The “Silly Season” is over. Time for hard work, hard news and figures. Greece’s government is challenged to meet its obligations towards the country’s lenders, successfully pass the first review and receive 2 billion euro as first tranche of 3. bailout program. After the Eurogroup approved the 48 Prior Actions …
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Surprised? IMF’s Lagarde: “Global growth is disappointing and uneven”
Welcome to the real world! For one more indirect time the International Monetary Fund “admits” what it has been wrong in its economic policies. And tries to find out what went wrong. It sees no growth, but bleak future. And keeps the whole problem on a pure academic level. Speaking …
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Juncker threatens Greeks: “Greece’s next gov’t must respect bailout, or EU reaction will be different”
Less than two weeks before the elections, European Commission President Jean-Claude Juncker openly threatened Greek voters saying that “Greece’s new government after the September 20 election must respect the bailout agreement struck with the eurozone, or the EU’s resolve to keep Greece in the single currency bloc could change.” It …
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PM Tsipras: I ordered Varoufakis to prepare a contingency plan
Prime Minister Alexis Tsipras gave full coverage to former Finance Minister Yanis Varoufakis and said that he ordered the ex FinMin to work out an emergency contingency plan but not a Grexit plan. Speaking to the Greek Parliament after a question posed by PASOK leader Fofi Gennimatas, Tsipras said among …
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EP session on Greece: Parody in Madhouse & Tsipras’ speech
Today’s European Parliament Plenary session on Greece looks like a madhouse with dozens of people speaking about things one could believe that “they have no idea what they’re talking about.” What is clear so far, is that 95%-98% of EP parties or better say “MEPs” have sharply attacked Prime Minister …
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PM Tsipras tells Greeks “IMF’s Debt Relief not in Creditors’ Proposal on Referendum question”
In a short televised address to the nation, Prime Minister Alexis Tsipras explained to voters that the analysis of the International Monetary Fund for debt relief in not included in Creditors’ proposal the main question of Sunday’s referendum. And that the government was vindicated by the IMF report on the …
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PM Tsipras’ speech on Referendum 1. JUL 2015 (ENG text, video w ENG subtitles)
In his address to the Greeks on Wednesday afternoon, Prime Minister Alexis Tsipras assured that the Referendum will take place as scheduled. He called on Greek people to “vote NO”. However, he implied that he could/would consider to cancel it, if the outcome at tonight’s Eurogroup meeting was “positive.” “We …
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EC Juncker address Greeks: Tsipras “lied to you, vote YES”
The President of the European Commission Jean-Claude Juncker is a very engaged man. He is so engaged that he decided to engage also in the Greek Referendum campaign. The self-declared “friend of Greece’ decided in fact not only to engage but to blatantly intervene into Greek internal affairs and open …
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