There was this famous and very threatening deadline over the Greeks heads this morning. The creditors had allegedly told Greece “either … or…”, “take or breake”, “capitulate or go”. Or even worse! Had the Greeks not submitted a new reform proposal, the Eurogroup would decide on creditors’ proposals with Greece …
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Creditors give Greece a “deadline” to break the impasse
As early as 6 o’clock in the morning the’ technical teams’ sat down and picked up the negotiations thread, the institutions and Greece left down in the early morning hours of Thursday. The midnight meeting between Greek Prime Minister Alexis Tsipras and the creditors ended at 12:30 without positive result. …
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No Breakthrough – Greece talks to continue at 11 pm
After 6 hours the meeting between Greek PM Alexis Tsipras with EC’s Juncker, ECB’s Draghi and IMF’s Lagarde concluded without a positive result, without a deal. Apparently the differences between Greece and its creditors remain. Immediately after, the Eurogroup started and thus despite the fact due to lack of Tsipras-creditors …
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Propaganda machinery to undermine Greece’s talks runs in full speed
Yup. The day is crucial for Greece. Maybe the “most crucial” for the last five years with the sword of “default to the IMF” swinging over our heads. Today, Monday, important meetings are taking place in Brussels, with Prime Minister Alexis Tsipras to meet the heads of the “Institutions” European …
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Spotted in Athens: German journalist awaiting for the “bank run”
Αll eyes are turn to Brussels today, all ears try to pick the finest nuances signaling a “deal or not a deal.” Yet, some have flown to Athens to cover reactions among the society. A German journalist was spotted outside a Greek bank armed with camera and microphone to cover …
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Standoff escalates, as Greece’s EU-partners pull their Most Lethal Weapons
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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Merkel satisfied from talks with Tsipras, urges Greece to speed up negotiations
Chancellor Angela Merkel has expressed satisfaction about the renewed talks with Greek Prime Minister Alexis Tsipras on Wednesday night in Brussels and urged at the same time to speed up the negotiations between Greece and the creditors. “The way I understand it, there is a willingness to this cooperation with the …
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UPD Tsipras meets Merkel & Hollande, while S&P spoils the fun with Greece’s downgrading
The crucial meeting of Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande started at 10:10 pm in Brussels at the margin of the EU – Latin America Leaders Summit. Present at the meeting are also Greek political top negotiators, alternate Foreign Minister Euclid Tsakalotos …
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Greek Gov’t: no payment to IMF on June 5 without a deal with creditors
Greece will not make a payment to the International Monetary Fund if there is no deal with its creditors, SYRIZA’s parliamentary speaker said on Wednesday. “The moment of truth is on June 5,” Nikos Filis told private ANT1 TV. Nikos Filis “If there is no deal by then that will …
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Gazprom CEO in Athens for talks with PM Tsipras, Energy Minister Lafazanis
Alexei Miller, Deputy Chairman of the Board of Directors and Chairman of the Management Committee of Russian energy company Gazprom will be in Athens tomorrow, Tuesday to talks with Prime Minister Alexis Tsipras and Energy Minister Panagiotis Lafazanis. Miller, Tsipras and Lafazanis will discuss “current energy issues of interest,” Greek …
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IMF and ECB will resume bailout talks with Greece’s new government
Snap elections in Greece? The statements of the country’s main lenders remind me of an old Greek song: “It’s midnight and the whole nature quietens…” The International Monetary Fund and the European Central Bank said that they will hold bailout talks until after elections and will deal with the country’s …
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Greek official on Troika “they are pressing us to adopt crazy policies”
Been there, seen that: the tough negotiations between Greece’s lenders’ representatives, the Troika, and the Greek government. Negotiations characterized by immense pressure from the side of the country’s lenders and anger from the side of the Greeks. And fears, that the economic collapse of the society could trigger unpredicted social …
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Troika – Greek Gov’t talks on primary surplus 2014 deadlocked
Ops! With so much Golden Dawn we almost forgot the Greek debt, the Troika, the austerity and all the relevant plagues. I write ‘almost’ because the bills have been coming in without a break. Anyway, the Troika was here, its representatives spoke with the Greek government and they reached not …
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Procedure as usual: Troika threatens to block money release, Greek gov’t bets on delay
“Cautiously optimistic”, “hard bargaining”, “anguish about the next bailout tranche”. I was not even impressed to hear this morning on television channels the reports about the “tough negotiations” between Greece’s lenders – the Troika- and the newly appointed Minister of Administrative Reform Kyriakos Mitsotakis. High on the agenda of the …
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Notorius “EU official”: No Greece aid for 3 months if Troika review not concluded
Been there, seen that. 1000+1 times since Greece sought the aid of IMF, EU and ECB. The regular blackmailing: the notorious -and anonymous – “EU source”exhausting Greeks’ patience, putting pressure to EU beggars to give in to Troika’s demands. While the Troika’s representatives feel the pulse of several ministers in …
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Troika – Greece: struggle to avoid €8.1 billion bailout tranche coming in …tranches
Representatives of Greece’s lenders – the “Troika” – are back in Athens and due to meet with finance minister Yiannis Stournaras and other ministers in charge of the upcoming ‘reforms’ – when ‘reforms’ are translated into cuts in public spending and privatization of state assets. New and additional austerity measures …
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Greek gov’t: ERT? What ERT? It’s the gov’t reshuffle, stupid
Last night they agreed. Prime Minister Samaras and his coalition government partners Venizelos (PASOK) and Kouvelis (Democratic Left) agreed about shutdown public broadcaster ERT. They just didn’t dare to speak openly about it. Venizelos and Kouvelis kept the ‘agreement’ in secret in order to continue negotiations with Samaras in order …
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Court rules: ERT must open again!!! – Live Blogging from Athens, Jun 17/2013
The crucial meeting among Greek prime minister Antonis Samaras and his coalition partners Evangelos Venizelos (PASOK) and Fotis Kouvelis (Democratic Left) meet at 7:30 pm. Coalition government cohesion is at risk after Samaras ordered the shut down of public broadcaster ERT on June 11th 2013. While the government leaders meet, …
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Greece-Troika: Dramatic Negotiations over Labour “Reforms” That Threaten Gov’ Cohesion
Samaras’ government is in dramatic negotiations with the Troika over the so-called “Labour Reforms” after two of the three coalition government partners rejected the Troika demands for a total overthrow of Labour Rights. A disagreement that threatens the cohesion among the government partners. According to latest information from state broadcaster NET TV, …
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A new Troika Demand? Austerity of €10 Billion In a Single Year?
If it’s true, this is, indeed, insane. According to Ta Nea newspaper, Greece’s lenders’ representatives want that almost the whole package of austerity measures will be implemented in 2013 and won’t be distributed more or less equally to 2013 and 2014. The new Troika’s request is allegedly that additional 2 billion …
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