Friday, 29 March , 2024

Greece

Βanks and “Creditors” steal all Greek public property

The reforms were passed by a narrow 152-141 majority vote in Greece's 300-seat parliament, after 152 parliamentary members of the ruling Syriza-Independent Greeks coalition approved the reform bill. Only one member of the coalition voted against the bill, along with all opposition members.

Running against the time

The location of the third European No-Euro-Forum itself, Chianciano Terme in Tuscany, can be considered symbolic for the urgent need of an exit strategy to leave the corset of the currency union: during the 80ties it was a prosperous small town with it’s hot springs and hundreds of hotels where workers and pensioners spent their spa stays, financed from a

The Social Security System is Crumbling in Greece

The governing board of the Social Security Foundation (IKA) on Thursday rejected the management’s request for money from the Social Security Capital for the Solidarity of Generations (AKAGE) for pensions for the rest of this year, while the board of the fund of the self-employed (OAEE) approved a similar request to the amount of 150 million euros.

IMF admits its responsibility in immolating Greece – and it wants...

The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory.

Trade Agreements and the Globalization of Fascism

In recent years, there’s been a trend toward democracy and market economies. That has lessened the role of government, which is something business people tend to be in favor of. But the other side of the coin is that somebody has to take governments’ place, and business seems to me to be a logical entity to do it.” David Rockefeller

Creditors destroy Greece, SYRIZA does not resist

Stories of human suffering continue to multiply in present-day Greece, which is loosely governed by the “first time left” government of Syriza and more directly by the European institutions and the International Monetary Fund. In the city of Patra, an elderly woman whose only source of income is her severely battered

The Coming European Debt Wars

The mortgage debts in post-Soviet economies and Iceland are more explosive. Although these countries are not in the Eurozone, most of their debts are denominated in euros. Some 87% of Latvia’s debts are in euros or other foreign currencies, and are owed mainly to Swedish banks, while Hungary and Romania owe euro-debts mainly to Austrian banks. So

Destroying Greeks, Colonizing Greece

What has gone unsaid by both the Greek and international media are the true origins and contributors to the Greek crisis. These factors include the manipulation, by Goldman Sachs, of Greece’s debt and deficit figures through a series of swaps and derivatives, hiding the true figures in circumvention of EU Maastricht criteria for admission into the Eurozone, for a tidy

The Unrepentant IMF!

Despite the persistent effort of the Greek Media to present the report issued by the Independent Evaluation Office on July 8, which examines the contribution of the IMF on the “rescue” plan of three countries (Greece, Ireland and Portugal) as a “public apology”, the facts belie them.

EU Starves Greece To Force Sell Off

But Greek Prime Minister Alexis Tsipras was holding a simultaneous meeting of southern EU leaders in Athens, seeking French and Italian support for an “anti-austerity front” designed to challenge Germany. Years of privatisation and cuts have reduced the size of the Greek economy by more than a quarter and seen national debt soar