Tag Archives: warning

Greece’s European creditors have warned Athens that no funds would be released for the purpose of recapitalizing the Greek banking system if measures were not adopted to deal with the issue of the non-performing loans. According to newspaper “Kathimerini”, the institutions issued a stark warning that the Greek government would …

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Greek seismologists warn of a big earthquake that might strike Greece – the country that is first in Europe and sixth in the world in terms of earthquakes frequency and energy released by eaρthquakes. Right after the powerful  6.6 R earthquake in central Italy on October 30th  and despite the …

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He couldn’t be more clear. Turkish Foreign Minister Mevlut Cavusoglu warned Europe of the consequences if the European Union fails to deliver visa-free for Turkish citizens: Ankara will back out of the EU-Turkey deal that aims to stem the refugee and migrant flows. In an article posted on German daily …

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Former Governor of the Bank of Greece Giorgos Provopoulos revealed that the in May 2008, the head of the IMF’s mission to Greece Bob Traa had estimated that Greece’s debts were over 800% of the GDP. Speaking at the annual meeting of the Federation of Hellenic Food Industries (SEVT), Provopoulos …

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It has been the old European Union strategy since 2010: if something doesn’t work within the EU blame Greece! You can’t go wrong with this. Oh! And stress the “common European interests”. Tou can’t go wrong with this either. And so they did. The College of EU Commissioners discussed a …

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Odd. It’s normally German Finance Minister Wolfgang Schaeuble who ‘announces’ plans for new Greek programs and additional loans. Apparently, this time, the Germans made an arrangement among themselves: That ESM chief, German Klaus Regling will bring the bad news. It’s logical, as Schaeuble tries to topple Chancellor Merkel and cannot …

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A patient died in an Athens hospital while awaiting in vain to be transferred to a bed at the intensive care unit. The Athens Medical Doctors Association (ISA) revealed this tragic incident and sharply criticized the shortages at the public hospitals that cost human lives. According to the ISA statement, …

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“Without new money, salaries won’t be paid, the health system will stop functioning, the power network and public transport will break down and they won’t be able to import vital goods because nobody can pay” President of European Parliament Martin Schulz warned Greek voters one day before the crucial Referendum …

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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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There is a another narrative to the usual “Greece doesn’t deliver”, “Greece sent reform list for the garbage bin”, “Greece does not try enough” and all the other nice things we have been reading since the new Greek government came into power. The counter-narrative is called: EU’s elites blackmail Greece. …

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The eurozone has ruled out debt forgiveness for Greece and warned Alexis Tsipras that his anti-austerity coalition government must honor all past agreements with international creditors. In a meeting of eurozone finance ministers in Brussels on Monday, a day after left-wing SYRIZA won the parliamentary elections, the euro bosses warned …

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Early elections on 25. January 2015? Greece’s EU partners are in alert and rush one after the other to bless Greek voters and the next government with advice as public opinion polls suggest that main opposition party, left-wing SYRIZA will emerge as the strongest party in the January elections. After …

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Fitch Ratings increased Greece’s credit rating one level confirming PM Antonis Samaras’ elections slogan that the economy is improving. And still in line with Samaras and his coalition partner Venizelos, Fitch warns of “political instability” should early elections take place. “Greece’s long-term debt was raised to B, five levels below …

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For one more weekend, the ministries of Environment and Health issued a statement suggesting that citizens avoid the use of fireplace and wood stoves due to high levels of air pollution (smog). It is the second consecutive weekend that Greek authorities issue such a statement, exactly when freezing Greeks stay …

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Greek Ministers for Health and Environment issued a joint statement on Saturday evening asking the citizens to refrain from unnecessary use of fireplaces. Stressing that the weather conditions favor the accumulation of atmospheric pollution (smog), the two ministries ask citizens to refrain from using their home fireplaces from Saturday evening …

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After the outrage and crash of the Euro and the stock markets, Jeroen #DieselBoom or “Flip Flop Boom” for internet users but  Dijsselblom to his EURO collueagues, realeased a  statement in an attempt to calm down the nerves of economists and savers. Statement by the Eurogroup President on Cyprus “Cyprus is a …

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Every official from the EU, the IMF and the ECB and every finance minister of the eurozone justified the bank deposits levy with the “special case of Cyprus”. However the masks fell and thus much sooner than expected. On Monday afternoon, President of Eurogroup Jeroen Dijsselbloem was unable to hide his enthousiasm about …

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 US embassy in Athens issued an emergency warning after the bomb explosion in The Mall in Athens on Sunday morning. the embassy calls American citizens to be review personal security plans, monitor local news media and report suspect incidents to the U.S. Embassy in Athens.              Emergency Message: – Explosion at …

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US Embassy in Athens updated its safety and security information on Friday raising the awareness of US citizens of African, Asian, Hispanic or Middle Eastern descent. The American diplomatic mission explained the update with ‘unprovoked harassment and violent attacks against person perceived as foreign migrants.’ US Embassy Excerpt: “Security Message …

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I upload this post just in case you have missed some internvention from abroad to the democratic procedure of free Greek elections. Eurogroup head Jean-Claude Juncker warned Greek voters no to turn their backs to euro. Speaking to Austrian newspaper Der Kurier, Juncker claimed that “a win by anti-bailout radical leftists in a …

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