Hardly has been announced that SYRIZA won the elections and several internet trolls started their poisonous work, also here in this blog. Trolls came out of their caves and rub their hands full of glee and sardonic smiles as their venomous saliva running down their jaws. They set up their clock …
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Troika-Greece: one way street ending in deadlock, anyway…
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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Question here: Why didn’t EU-partners support Samaras?
The whole world is against a SYRIZA-led government. The Greek and international mainstream media, the EU-partners, the Draghis, the Junckers and the Lagardes, they all warn SYRIZA it has to stick to the commitments signed by Nea Dimokratia and PASOK coalition, the Papademos and the Papandreou governments. Day in, day …
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PM Samaras: “consensus on presidential vote, snap elections even end of 2015”
In a televised address to the nation Sunday noon, Greek Prime Minister Antonis Samaras drew the highlights of his political strategy just two day before the second round of voting for the country’s next President that is going to take place in the shadow of the MP-bribery-scandal. “Consensus on the …
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E-mails come and go and it looks as if the Troika will extend Greece’s bailout program
E-mails land in the inboxes of the Troika and the Greek government seeking an agreement on what austerity measures the debt-ridden Greeks will have to take in order to fill the fiscal gap of 2.5 billion euro stated by the country’s international lenders EU, IMF and ECB. The latste Troika …
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Greece bows to Troika’s demands: Hikes in Value Added Tax to hit tourism
Greece’s resistance to Troika’s demand did not last long. Just a couple of days after the negotiations failure in Paris, the country’s lenders e-mailed the Greeks that they should definitely need to impose additional austerity measures and fill the hole of estimated 2.5 billion euro in the budget of 2015. …
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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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Troika, Greece to meet in Paris to negotiate stalled progress review
Greek government officials will meet with representatives of the Troika-lenders in Paris tomorrow Tuesday. The meeting aims to break a deadlock that occurred after the Greek government refused to obey some of the Troika commandments and the Country’s lenders insisted. A Greek Finance Ministry statement said that Greece and its …
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Troika vs Greek FinMin: 100 installments for debts to tax office; do the maths…
After a planning that lasted several months,, Greek Finance Ministry set the guidelines for debtors to the the tax and customs offices. “Outstanding debts can be paid back in 72 or 100 installments,” mainstream media herald adding that “this is a big gift by the General Secretary of Revenues” to …
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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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Greek PM hails the end of summer with optimism over economic recovery
The month started with an ascertainment: That the “unemployment is a treacherous and tough opponent of the society, undermining the dreams of the youth” – so said Greek Prime Minister Antonis Samaras on Monday September 1st, stressing that in order to tackle unemployment “we need to take action now that we enter …
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Shops to open 52 Sundays per year in selected Greek cities
The cities and areas where shops will be open 52 Sundays of the year have been published at the Greek Official Gazette. Among the cites and areas are the historical center of Athens and Thessaloniki, Chalkidiki, Rhodes, Kos, Syros, Mykonos and Santorini but also Pikermi and Rafina in Attica Prefecture. …
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How the IMF’s 5th progress report shocked the new Greek government
Hardly was the new Greek cabinet was sworn-in and the report of the International Monetary Fund reached our pc screens. I can’t tell you whether the smiles on the faces of the new 42 ministers and deputy ministers froze because as I was writing these lines, Prime Minister Antonis Samaras …
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Greek Sale: “Athens Riviera” transferred to Privatization Agency
Thousands of hectares across the “Athens Riviera”, the Attica coast line from Cape Sounion in the East to Marina Zeas in the West have been transferred to the Hellenic Republic Asset Development Fund – Greek Privatization Agency (TAIPED) on Tuesday.The transfer of the Attica coastline to TAIPED was signed by …
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Troika and OECD put their finger in Greek yogurt & want to change production regulations
The end of yogurt made from fresh milk is near. Yogurt is the next victim of OECD’s and Troika’s targets. It should not be made from fresh milk but also”from other forms of milk, like powder milk” it seems. According to Greek Federation of Rural Cooperatives (PASEGES), the Development Ministry …
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Greek Gov’t to hire 14K civil servants after laying-off 14K
Greek government plans to hire some 14,000 civil servants and thus despite the fact that more than 4,000 were laid off last year and more than 15,000 are to be laid-off this year by the orders of the Troika. Crazy? It depends… According to the governmental recruitment plan obtained by …
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“Temporary” turns “permanent”: solidarity levy & trade fee
It’s a common knowledge that nothing is more permanent than the temporary. And so, the solidarity levy and the trade fee, that is the extraordinary taxes imposed by the Troika will most likely be collected also after 2015. Greek media report that the Greek government and the country’s lenders representatives …
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Greek Gov’t – Troika deal sealed; PM distributes ‘primary surplus’ to vulnerable society groups
After seven months of tough negotiations between the Greek government and the representatives of the country’s lenders, the Troika, a deal was sealed on Tuesday. Right after the deal, Greek Prime Minister Antonis Samaras held a press conference where he announced where and how the primary surplus will be distributed …
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Greek deputy minister accuses the Troika of ‘serving private sector interests’
Deputy Transport Minister Michalis Papadoulos dropped a bomb-shell that exploded in the face of the Troika and also expressed the frustration of many officials in the Greek coalition government. Referring to the often absurd demands tabled by the chief auditors controlling Greece, Papadopoulos blamed the Troika for blocking an overall …
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BoG on recapitalization: Greek banks will need capital up to 6.4 bln euros
Greek banks will need additional capital of 6.382 billion euro, Bank of Greece said on Thursday. specifically, Eurobank will need €2.845 billion, National Bank of Greece €2.183 billion, Piraeus Bank €425 million, Alpha Bank €262 million, Attica Bank €397 million and €Panellinia Bank 169 million. “The additional capital requirements of …
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