I, too, am Greek ! Solidarity with the Greek people !
Thousands of ordinary European citizens have joined their voices to the "Movement of Nantes." demanding double nationality! People all across Europe who want to express their support to Greece during this difficult period of crisis, started the "Movement of Nantes" and ...
CATASTROIKA: Privatization goes public (Video - A must see...)
On April 26, 2012 at 20:00 let’s turn off the TV and turn to an alternative source of information. The creators of Debtocracy, a documentary viewed by millions of people around the world, present their new production, entitled CATASTROIKA. They analyze the ...
We Are All Greeks - Protests of solidarity all around the world!
Solidarity protests for Greece are organized in many European countries for this Saturday! People will protest against economic crisis and its effects on the Greek society. As noted in an online call to the international audience, the austerity measures that the ...
The Shock Doctrine - Documentary (A Must See...)
An important documentary based on Naomi Klein’s 2007 book, The Shock Doctrine. A study of disaster capitalism, based on Naomi Klein’s proposition that neo-liberal capitalism feeds on disasters, war and terror in order to establish its dominance. Today Greek society seems ...
DEBTOCRACY - a documentary produced by the audience
“Debtocracy” is a documentary that seeks the causes of the Greek crisis and proposes solutions, hidden by the government and the dominant media. Watch it below with English subtitles: [youtube 1_yTriIJa9I] Debtocracy website: http://www.debtocracy.gr/indexen.html
TEENAGE RIOT: ATHENS - Documentary Video!
An extremely interesting documentary from VICE network about the recent riots last month in Athens: On the eve of the biggest Greek strike since the right-wing junta was overthrown almost three decades ago, VICE travels to Athens to meet up with the people ...
17th November Celebration in Greece
Every year, on the 17th of November, Greeks but especially Greek students memorialize the students’ revolt against the colonels’ junta. Students prepare school celebrations, and a big march starts at the Athens Technical University and ends in the American Embassy, ...Greece Should Leave Euro to Rebuild Economy, says Martin Feldstein
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:
Nouriel Roubini: Greece will be forced to default sooner or later
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.
Merkel and Sarkozy demand an account so that bailout money will go directly to serve the debt!!
Germany and France want to force more tightly controls on Greece's financial resources on top of that they Merkel and Sarkozy warned political leaders in Greece to immediately concur with new austerity measures in order not to witness their country go bankrupt!!
In addition, only a few days after the German suggestions to set up a finance commissioner in Greece, Sarkozy and Merkel demanded Athens to set up a separate account from which bondholders will be paid directly and will ensure that billions of euros in bailout money go directly to servicing debt, and not other government spending priorities!
"I support the idea that the necessary interest payment for the debt service is put on an extra account to make sure that Greece will steadliy make this money available," Merkel said.
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Constantinos on PETITION: WW-II German Reparations to GreeceSome opinions look full of passion, which does not help truth, favoring Greece. War reparations have come out of freeze...
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matt on Desperate man in Greece sets himself on Fire!Ron Burgundy was right, the human torch WAS denied a bank loan.
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