Greek journalist Kostas Vaxevanis was arrested for revealing the list of Greeks with large deposits in Swiss banks! The list was originally sent to the Greek government by the current head of the International Monetary Fund, Christine Lagarde.
Mr. Vaxevanis (the editor of the magazine Hot Doc which revealed the list) announced on his twitter account this morning that he was arrested, and that he will appear on court on Monday morning in order to set the date of his trial, on charges of violating laws relating to the privacy of personal data.
Greek police issued a statement that any public gatherings and marches would be banned that time in a large area around the city center. (Follow the link to see the map below)
Greece fulfills its commitments for cuts on flexible spendings
TROIKA isn't going to renegotiate Memorandum before its implementation!
Do YOU play packman?
Greece Debt Free is nonprofit, non-political and non-governmental organization that uses donations to buy Greek government bonds in international markets at prices much lower than the amount owed by the Greek government. Greece Debt Free aims to reduce the debt, helping to wipe clean the nation's slate.
As GDF's website states:
GDF is fully transparent and operates under the laws of the State of Delaware. It is subject to U.S. Charitable Foundation laws, which exclude it from political influence. It has no employees, is run by volunteers and concerned patriots, and its operating expenses are negligible.
The Greek national debt affects all of us in different ways. Understanding that Greek national debt is being bought and sold by financial speculators at prices lower that what we owe is important.
Together with Pasok party and the Democratic Left, a small party that won only 16 percent of the vote, Mr. Samaras forms a New Government.
Mr. Samaras had supported the bailout. After the May elections, in which New Democracy and Pasok suffered a drubbing while Syriza made big gains, Mr. Samaras has said he will seek to soften the deal’s terms; but soon, Mr. Samaras will be forced to make massive spending cuts to carry out the country’s “obligations” according to the Memorandum…
Syriza party stated it will fight if the new government does not repudiate the most onerous terms of Greece’s loan deals.
Meanwhile, the departmental finance minister George Zanias will represent Greece at the meeting of Eurogroup on Thursday, and Ecofin on Friday. Mr. Zanias will ask the Finance Ministers of the Euro zone for a time extension of two years to reduce the deficit (until 2016).
Prime Minister Antonis Samaras
Ministry of Interior
Minister: Euripides Stylianidis
Undersecretary: Charalambos Athanassiou (former president of the Judges Association)
1. NEW DEMOCRACY: 30.11% - 130 seats
2. SYRIZA: 26.49% - 70 seats
3. PASOK: 12.60% 34 seats
4. INDEPENDENT GREEKS 7.43% 20 seats
5. GOLDEN DAWN 6.93% 18 seats
6. DEMOCRATIC LEFT 6.05% 16 seats
7. KKE 4.52% 12 seats
None of the other parties is near the 3% threshold. Minor changes (+/- 0.5%) might occur at the final results.
Antonis Samaras made a statement from Zappeion:
The two police officers that were guarding the polling station got injured and they are transported to the hospital.
Experts express the opinion that the election process in the specific polling station must be repeated....
People of Greece voted for the second time in six weeks in the elections that determine the fate of the crisis-hit country and maybe the future of the euro currency!
First exit polls will be published just after 7 p.m (Athens) when voting ends. The first official estimation will be released around 9:30 p.m.
Riots are a very common phenomenon in Greece of the economic crisis... but what will happen if Syriza party wins the upcoming elections?
Syriza plans include the taxation of the rich and the disarming of the riot police! See below some exclusive images of Greek riots against the government of Syriza!
The man, as reported by cretalive.gr, ended his life with a shotgun. The cause of his action is still unknown.
At the same time, in Sepolia -Athens, a 35 year old jobless taxi driver jumped to a tragic and immediate death from the balcony of the 4th floor, where he lived with his parents.
According to information the man was unemployed in the last two years and faced serious economic problems.
This is the reality in the European Greece of the memorandum! A country (which used to have very low suicide rates until recently) plagued by rash of suicides...
According to information on protothema.gr, around 5:30 am on Tuesday a 75 years old male shot himself with his hunting rifle outside his residence on the junction of Himarras and Eleftherotrias Str. in Kifissia - Athens.
Neighbors woke up from the sound of the gunshot and found the man rushed on the street. The desperate man was a retired engineer, well known in the Kifissia area.
The engineer Sotiris N. (father of 2 children) left a note attributing his suicide to his debts, while he allegedly expresses his despair in the event of tax increases on bank deposits.
Martin Stuart Feldstein (George F. Baker Professor of Economics at Harvard and also president emeritus of the National Bureau of Economic Research (NBER) ) talked about the prospects of a Greek euro exit in an interview at Bloomberg.
He expressed the opinion that there is no specific formula that the countries can follow in order to solve their economic problems. Each country is different... and in the case of Greece and there is no solution but to exit the euro zone since the country's economy is in terrible situation that can not be fixed...
“Well, I think it would create chaos, it would create problems” says Mr. Feldstein and he adds,
“It would be better for Greece to be able to adopt a new currency, a drachma, allow the currency to fall as currencies did in East Asia and in Latin America; that would give a significant boost to growth in Greece as Greeks shift their spending to domestically produce goods and services.”
Watch the video below:
Mr. Browne presses Klaus Masuch, head of the ECB's countries division, over the premises behind the ECB's approach to Ireland's fiscal issues.
Browne hits Masuch hard on the question of why the Irish people should be forced to protect unguaranteed bondholders...
Of course he never received a straight answer...
Watch the video below:
Nearly 1.1 million Greeks are unemployed, more that 1,000 people lose their jobs every day! Young people are most affected by the job losses, with more than half — 52.8 percent — of those in the 15-24 age group out of work in March, compared to 42 percent in the same month last year.
The number of employed in March 2012 was estimated at 3,843,905 people. Unemployed amounted to 1,075,081, while the economically active population stood at 3,372,144...
The number of employed people decreased by 342,134 compared to March 2011 (-8.2%) and by 24,996 compared to February 2012 (-0.6%).
Kasidiaris threw a glass of water at Syriza's Rena Dourou during a live TV show for the upcoming elections! Then he decided to attack KKE's Liana Kanelli with several punches as you can see on the following video: