The Greek Society and its institutions are going through very difficult times, emanating from several years of severe economic crisis. The gross national product of Greece decreased by almost 7% last year alone, and the unemployment rate exceeded 20%….
The managing director of the IMF believes that the Greek parents have to take responsibility if their children are being affected by the austerity program.
"Parents have to pay their tax," she says.
In his article in "Financial Times Deutschland", the famous economist Nouriel Roubini, who had predicted the global recession of 2008 in 2006, says that either this year or the next, Greece will be forced to go bankrupt and leave the eurozone. This will happen even if a government will finally be formed after the elections of June.
Mr. Roubini says that Greece has fallen into a vicious cycle of bankruptcy, lack of competitiveness and continuous recession.
G8 watching the UEFA CL final
New Democracy party comes 2nd with 24% and PASOK was with 15%.
The poll also reveals an eight-party parliament:
Germany's chancellor has decided that Greece should hold a referendum on the euro together with next month's national elections! The news came from office of the Greek prime minister Panagiotis Pikrammenos who informed the leaders of the seven parliament parties on the content of the conversation between Merkel and Greek president Karolos Papoulias.
PM Pikrammenos contacted political leaders A. Samaras, Al. Tsipras, Ev Venizelos, Al. Papariga, N. Michaloliakos and F. Kouvelis and filled them in on the contents of the conversation held between the President and Chancellor Angela Merkel.
According to the statement of the prime minister's office, Mrs Merkel expressed her thoughts to the President about a referendum alongside with the Greek elections. The referendum would have to do with whether Greek citizens wish to stay in the eurozone...
Although, the meeting of the political leaders lasted more than an hour, the political leaders could not agree on a certain political figure who would become the interim PM of the country in order to lead Greece to the new elections' round.
The proposal of ND and PASOK to keep Lucas Papademos on the post was not accepted the other parties and President Papoulias decided to place judge Panagiotis Pikramenos to the position of caretaker PM.
Mr. Pikramenos was born in Athens on 1945. He studied Law at the Athens Law University and post-degree studies in Public Law in Paris.
Olympiakos Piraeus staged a magnificent fourth-quarter fightback to win their second title in Europe's premier club basketball competition with a dramatic 62-61 victory over CSKA Moscow in Istanbul on Sunday.
During the third quarter of the match CSKA was leading the game with 19 points (53-34) but during the last period Olympiakos dug deep and completed a stunning fightback after Georgios Printezis scored on the buzzer to give them a 62-61 win.
When George Papandreou, the former Greek premier who negotiated the original bailout (2010) he asked Angela Merkel for gentler conditions in the memorandum. Angela Merkel replied that the aid program must be very hard (!): "We want to make sure nobody else will want this..." she said.
After Greece's May 6 elections results, more elections are likely in June, with no guarantee that a stable government will emerge. Greece's growing turmoil is the culmination of a radical austerity experiment and a botched economic overhaul that pushed the Greek nation into a social and political breakdown. It is obvious that forcing deep austerity on Greek people won't save the euro...
Mr. Tsipras states that the vote of Greek people politically illegalized the Memorandum due to which Greece was led to being “the only European country in peacetime which in 2012 is now in its fifth consecutive year of deep recession”.
Read the full letter below:
A Must See Video... Watch it below:
The flame was lighted by the "High Priestess" Ino Menegaki ( the Priestess captures the morning sun’s rays in a parabolic mirror) and then handed over to the world champion of swimming Spiro Giannioti to start the torch relay.
The flame will pass through many areas of Greece and will end up in the Panathenaic Stadium on Thursday, May 17 at 7 pm. Τhen will travel to Britain on May 18 for a 70-day relay around the UK...
Watch the video of the ceremony below:
Syriza is probably the country's most popular party since there are no information about the two ex-major parties...
The international news agency Dow Jones Newswires, reported that Syriza is now garnering around 25% of the vote--up from the outcome of the 6th of May elections when it gathered 16.8% of the votes, two percentage points behind New Democracy's 18.9%.
The first shock came very early or our "Democratic" nation... The leader of the far right party "Golden Dawn" (Crysi aygi) N. Michaloliakos was about to address the media when a member of the party urged the television reporters to rise and “Show respect to our leader!”
Moreover, the members of the party demanded that their leader's speech should be "live" broadcasted by all media otherwise the journalists should leave the place...
“This is customary with us” said the man when the stunned reporters raised objections! Watch the video below: