Happens In Greece The economic crisis from another point of view

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17th November Celebration in Greece

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, ...

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DEBTOCRACY – a documentary produced by the audience

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

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CATASTROIKA: Privatization goes public (Video – A must see…)

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 ...

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“We Are All Greeks” – Protests of solidarity all around the world!

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 ...

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The Shock Doctrine – Documentary (A Must See…)

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 ...

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TEENAGE RIOT: ATHENS – Documentary Video!

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 ...

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“I, too, am Greek ! Solidarity with the Greek people !”

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 ...

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16Jul/12

Picture of the Day!

 

Do YOU play packman?

source: http://twitpic.com/a6wa8n

13Jun/12

Katerina Moutsatsou returns: “The World is a Business” (Video)

The Greek actress Katerina Moutsatsou returns with a new video named "The World is a Business".

After the video "I am Hellene" the actress decided to make a new video homage to Sidney Lumet's 36-year-old film "Network" (1976), which contains a very prescient view of the world as it exists today.

The parodied scene is my take on today's Eurozone crisis, and a critique on private banks taking away the sovereignty of nations like Greece and other European countries due to their predatory behavior which is ultimately paid for by the people.

Watch the video below:

4May/12

The confidential report and the “sellout” of public property

A report, with the codename “Dellos II”, reveals the plan of selling out of public property of Greece.

The report has been hammered out by Alpha Bank and Rothschild, which are among the government’s consultants regarding the Greek public real estate and asset privatizations program.

It should be noted that, on September 15, 2011, the Inter-ministerial Committee for Asset Restructuring and Privatizations (ICARP) decided who the consultants (related to the privatization of public property) would be and of course their payments.... payments of millions of euros!

24Apr/12

Hackers Attack the Greek General Accounting Office!

The Greek supporters of the Anonymous attacked the Greek General Accounting Office, a few days ago.

According to information  sent to the editorial team of SecNews, the hackers managed to access confidential data from government and university networks.

As stated in a message sent by the hackers to SecNews website, they managed to access personal data of hundreds of Greek citizens, corporate economics, and sensitive data files from Population registry offices, Universities and the General Accounting Office.

3Apr/12

Greek Political parties receive extra funds for the upcoming elections!

A new amendment process, which ensures the smooth financing of the political parties for the upcoming elections (protecting even those owed ​​to banks) was proposed last night in the parliament.

According to the amendment (proposed by the Ministries of Interior and Finance),  the amounts of party funding (for the last installment of  2011 and the first and second of 2012) are instantly released through the bill of  "Arrangements for local development, decentralized government and administration"! In addition, the money provided through state funding can not be seized by creditors!

The funding was stopped during the last period due to outstanding obligations to the banks!  PASOK and New Democracy owe around 240 million euros to the banks but that seems not to be a problem when you have the ability to make new laws...

20Dec/11

Greece signs a tax deal with Switzerland!

A protocol agreement between Greece and Switzerland opens the way of providing information to Greek tax authority regarding the identity of depositors in Switzerland.

The agreement has reached the Greek Parliament and it is actually the first step in the taxation of Greek deposits in Swiss banks.

According to the agreement the maximum tax rate  is reduced from 10% to 7% and Switzerland will provide information to tax authorities in Greece, concerning the identity of depositors. Switzerland can provide names and addresses of the Greeks who maintain deposits in its territory, as well as data that facilitate the identification of the depositors.

11Dec/11

Cristina Kirchner : “The European debt crisis is a mirror of Argentina of 2001″

"This situation in Europe is a mirror of Argentina in 2001," said Kr. Kirchner, ten years after the default of the country, in her speech to MPs and senators on Saturday.

Cristina Kirchner described a system "which is not based on the real economy, but financial economy"

She  also noted that "banks can not be the basis of the economy. They  should be a tool, a lever that allows the real economy to produce more goods and services."

21Nov/11

Huge loans for the two major Greek political parties!

The two major Greek political parties borrow huge amounts guaranteed by the government grant of 2019!

A new loan, this time by the Bank of Attica, was granted to PASOK and New Democracy parties to meet their financial needs. The projected state funding for the second half of 2011 has not been paid  and the two  parties are unable to pay even the salaries of their staff. Therefore, the two major parties continue to use the common practice of  borrowing money with future state funding as guarantee!

PASOK and New Democracy owe approximately 235 million ​​to state banks with the state funding if 2015 as guarantee. Despite this fact, the Agricultural Bank has given credit for 200 million secured by accepting the grant and the year 2019 !!!

These new loans have caused the reaction of the "Democratic Alliance" party, which on several occasions in the past has asked the reduction of state funding for political parties! Member of the "Democratic alliance" stated:

27Oct/11

Negotiations resulted on a 50% “haircut”

European bankers were persuaded to adopt 50 % losses on Greek financial debt. In addition, EU raised the size of the rescue fund to one trillion euros, giving answers to the worldwide demand to intensify the battle against the economic crisis.

The agreement was achieved after many hours of tough negotiations involving bankers, EU leaders, central bankers and also the International Monetary Fund and aims to protect the European Union from the issues caused by the crisis of dept. Angela Merkel stated from Brussels that “The world’s attention was on these talks” and that “We Europeans showed tonight that we reached the right conclusions.”