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
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 ...
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, ...
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 ...
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 ...
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 ...Greek journalist Kostas Vaxevanis arrested for revealing “Lagarde List”!
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.
Angela Merkel in Athens today!
German Chancellor Angela Merkel is due to Athens today, Tuesday, October 9th 2012.
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)
Picture of the day!
Greece fulfills its commitments for cuts on flexible spendings
source: http://twitpic.com/a88v1c
Picture of the day!!!
TROIKA isn't going to renegotiate Memorandum before its implementation!
source: http://twitpic.com/a884zm
Greece Debt Free!
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.
The composition of the New Greek Government
Antonis Samaras, the leader of the center-right New Democracy party that won critical parliamentary elections on June 17, was sworn in as prime minister.
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
Ministries:
Ministry of Interior
Minister: Euripides Stylianidis
Undersecretary: Charalambos Athanassiou (former president of the Judges Association)
Official results with 69.19% of the votes counted, by the Interior Ministry!
The official results, with 69.19% of the votes counted, by the Interior Ministry:
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:
First exit-poll results!
UPDATED 19:45
The first exit polls show that New Democracy party will get between 30.5 per cent and 27 per cent,the left-wing Radical Left Coalition of Syriza between 30 per cent and 27 per cent and PASOK between 12 per cent and 10 per cent:
1. NEA DIMOCRATIA: 27.5% – 30.5%
2. SYRIZA: 27% – 30%
3. PASOK: 10% -12%
4. INDEPENDENT GREEKS 6% – 7.5%
5. CHRYSI AVGI 6% – 7%
6. DEMOCRATIC LEFT 5.5% -6.5%
7. KKE 5% -6%
In another exit-poll by "Public Issue" for SKAI TV, Syriza seems to be the winning party with 25-31%:
Greeks vote for their future! First exit-poll results in a few minutes!
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.
Greece enters Euro quarterfinals!
Greece reaches Euro 2012 quarterfinals after winning Russia with a goal by Giorgos Karagounis!
The Greek team managed to defend well against Russia and score the only goal of the match just before halftime!
At the second part of the match Greece came close to a 2nd goal as Giorgos Tzavellas curled a free-kick over the wall and the ball stopped on the angle of post and crossbar.
Greece passed on the next round where it will probably meet... Germany!
Two more suicides today…
Two new suicides shock Greece! A 60 year old man decided to end his life this morning in Heraklion - Crete.
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...
Pensioner commits suicide unable to cope with his debts!
Another suicide shocks Greece!
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.
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:
Spain is doing everything right, but it’s being contaminated by Greece, according to Wolfgang Schaeuble
Spain has openly acknowledged problems with the refinancing of the financial markets and fueled speculation about further escalation of the crisis. “The markets are in fact no longer accessible in the current interest rates for Spain”, Cristobal Montoro, Minister of Finance said at the radio station Onda Cero. That admission put pressure on the € and caused further losses in equity markets.
Nobel Prize Winners in Support for Greece
Reproduced by Lecturer Site, and originally reported by Harald Zur Hausen, in Science, 25 May, pp. 978-979, [DOI:10.1126/science.336.6084.978], 2012.
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%….
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.
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