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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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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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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“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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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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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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“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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19May/12

Merkel wants Greek euro referendum along with elections!

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...

11May/12

Tsipras Letter to EU leaders: “Greek people politically illegalized the Memorandum”

The leader of Syriza party yesterday sent a letter to Mr. Jose Manuel Barroso, Herman Van Rompuy, Martin Schultz and Jean-Claude Juncker.

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:

6May/12

European officials signal easing of fiscal rules as they realize the voters’ anger!

European officials are developing an investment pack to encourage financial growth in EU countries, due to the fact that voters in Greece and France have punished the political leaders who have supported hard austerity measures!

Olli Rehn, the European Commissioner for Economic and Financial Affairs, asked for extra government investing on large-scale infrastructure developments, since there are not sufficient private-sector demands which could create new job positions.

Mr. Rehn stated clearly that he is willing to loosen the EU’s tough new budget rules for countries that have been forced to dramatically reduce  public spending in order to meet Brussels-mandated deficit levels.

13Apr/12

Joseph Stiglitz: “Wage cuts and austerity can not bring economic growth!”

Nobel laureate economist  and Columbia University professor Joseph Stiglitz criticized sharply the European leaders on the management of the economic crisis.

In his interview for the German newspaper «Sueddeutsche Zeitung» the American economist warns against the austerity policy implemented in many European countries:

"Democracies can withstand cuts without seeing light at the end of the tunnel, but there is always a red line...  nowhere in the world can we find an example where salary, pension and social expenditure cuts resulted in the growth of a weak country!"

9Feb/12

Greece: Political leaders agreed on a new austerity shock!

Extended wage and pension cuts, dramatic increases in taxes, elimination of tax exemptions and public servants' permanency are only a few of the new austerity measures that the Greek Political leaders have agreed to implement under Troika's pressure!

More specifically, young employees (under 25) will work for 350€ per month (32% reduction) while the minimum wage is decreased by 22%. Pensioners will suffer large cuts in their earnings while public servants will be decreased by 150000 until 2015 (15000 employees will loose their jobs until the end of this year)!

In addition, new taxes are going to make the daily lives of Greeks unbearable and will create even more poverty and hopelessness...

 

 

 

6Feb/12

“Papademos and friends” agreed on new wage cuts and deeper recession! (Videos)

Greek Political leaders of the coalition government agreed on a new plan based on Troika's demands, which will drive the country into deeper recession and Greek people into poverty...

After a long meeting on Sunday which will be continued on Monday the office of the Prime Minister issued the following statement:

Prime Minister and the political leaders agreed on key issues which are, among others:

 1) The measures in 2012 to reduce public spending by 1.5% of GDP.

2) Ensuring the sustainability of supplementary pension funds.

5Nov/11

Greek Political leaders “struggle” to help the country

Greek Political leaders are battling for the position of the most irresponsible.

Papandreou asks for a referendum. Then he withdraws the referendum and asks for a vote of confidence for his government but in order to form a new government and retire from the Prime Minister's position (he is still there...).
Samaras (the president of the main opposition party) who is against the loan agreement, ask for elections. Then he seems that he is willing to cooperate for a government of unity but he asks again for elections even if he now states that he is going to comply the engagement of the 26 of October.

Karatzaferis the President of the Greek far right, anti-immigrant party LA.O.S (Popular Orthodox Rally) is ready to cooperate with everyone in order take part in the new government and the communist party (KKE) is against everyone and everything, with left party SYRIZA asking for elections without any specific proposals.

God bless them...

1Nov/11

The crisis enters the military forces

The Greek Minister of Defense has suddenly decided to replace the four Military leaders.

As reported on Tuesday, the Minister of Defense called the GEETHA leader Air Chief Marshal Yannis Yiangos, GES leader Lieutenant General Frangos Frangoulis and GEA leader Lieutenant Vasilis Klokozas and announced them that they are going to be replaced. According to information, the new leaders will be: