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Guardian: Greece doesn’t need another rescue package – it needs a way out 27 Aug 2013 | 07:56 pm
“Greece doesn’t need yet another rescue package – it needs a way out”: That’s a really wise conclusion amid the discussion of a third ‘rescue’ package of some 10 billion euro with the IMF pressing for...
Merkel: Pressure on Greece will not relax 27 Aug 2013 | 03:27 pm
I have the feeling, Greeks help German chancellor Angela Merkel lead a successful elections campaign and consequently win the next elections. By asking an additional 10-billion euro package, by fulfil...
Greek food stores to sell expired food as of 1. September 2013: YUCK on our plates 26 Aug 2013 | 09:54 pm
Do you remember these posts of mine about a year ago on a law allowing the sale of expired food at supermarkets? This blessed happy hour for the austerity-hit, taxes-ridden, unemployment-beaten and in...
12,500 Greek civil servants to be on mobility scheme asap 26 Aug 2013 | 06:22 pm
Alea jacta est! The die has been cast for 12,500 Greek civil servants. They will be sent home as by end of September with 70 percent of their previous salary. If the public administration won’t find ...
Greek financial crime units to investigate possible fraud on subsidies from EU funds (NSRF) 26 Aug 2013 | 04:29 pm
That’s really a very ambitious plan: Greece’s finance ministry wants to investigate whether the EU subsidies funds (NSRF) given to companies for further investment were misused or not. You know, for t...
FinMin Stournaras: Greece could return to debt markets in 2014 26 Aug 2013 | 03:48 pm
Greece could return to debt markets to test the water in the second half of 2014 if his country returns to growth in the first half of next year and manages a primary surplus, its finance minister sai...
Troika, EU & ESM want to grab Greece’s public assets from Privatization Fund 26 Aug 2013 | 03:24 pm
The economic occupation of Greece is getting …better and more obvious. The Troika, the European Union and the European Stability Mechanism (ESM) have big plans concerning the real estate assets curren...
To Greece with love: Troika sent €10 billion to Athens per cargo planes to avoid euro collapse 25 Aug 2013 | 06:39 pm
Aha! Every time the Troika delayed a bailout installment, planes full of money allegedly arrived to debt-ridden Greece to feed the banks and satisfy demand for cash. It wasn’t the Greek politicians’ s...
Wes McGrew: New IMF mission head to replace Bob Traa in Greece 25 Aug 2013 | 05:37 pm
Our beloved Bob Traa, the head of IMF mission in Greece is leaving the debt-ridden country. There were claims in the Greek press some time ago, that Bob Traa would go to early retirement at the tender...
Greece’s debt explodes to 321 billion euro – higher than before the crisis 25 Aug 2013 | 01:38 pm
Despite three years of strict austerity measures, incredible taxes and a debt haircut of 53% (100 billion euro in March 2012), Greece still owes 321 billion euro. According to newspaper To Vima, Greec...
