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 ...
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 ...
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 ...
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 ...
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
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 ...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!!!
TROIKA isn't going to renegotiate Memorandum before its implementation!
source: http://twitpic.com/a884zm
Video of the Day (A must see…)!
The Irish journalist Vincent Browne harangues the banker ECB's Klaus Masuch at the Troika Press Conference January 19th 2012!
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:
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.
What lies ahead for Greek people in June?
Austerity, austerity,austerity and austerity.....
Within the framework of the second memorandum in June, we expect new measures required by the Troika.
The Center for Economic Research of Greece, at the behest of the government, wrote the report contained in government expenditure intended to drastically cut.
Interventions of the measures of June include the following areas:
Education - Reduction in salary of kindergarten teachers, teachers, high school professors and academics, possibly with a parallel increase in their working hours.
Constitutional violations that have occurred recently in Greece!
The following constitutional violations have occurred during the last years in Greece of the economic crisis:
Wikileaks: “Greece was Troika’s guinea pig for the southern European countries”
Secret documents from Wikileaks reveal that Greece was the "guinea pig" of Europe in order to intimidate the "undisciplined" countries of southern Europe!!
According to the newspaper "Ta Nea" which published the confidential documents, analysts estimated that the 1st rescue package would not solve the economic problem of the country but on the other hand Greece could act as the "guinea pig" in order to send a warning message to undisciplined southern countries.
In fact, back on January 2010 when the European Commission criticized the unreliable Greek statistics and fired the spreads, analysts from Moody's were pointing out:
"Saying that the Greek statistics are unreliable is a very cheap way to reduce the bonds' prices and to push Greece for reforms... "
The fear of a Domino Effect
The main subject of the e-mails between the Moody's and the Stratfor institute, was the possibility of spreading the Greek crisis to other countries with fiscal problems. At the end of January, analysts supported the rescue of Greece since otherwise the crisis could be spread in Portugal and afterwards to stronger economies. However, at the same time informants from Greece were saying that Europe could let the country go bankrupt...
Greek Parliament voted the new loan aggrement!
The Greek parliament voted positively on the memorandum and the new loan agreement.
199 MPs said "YES" to the Memorandum. 78 MPs voted "NO"
17 MPs of "PASOK" and 19 from "New Democracy" party voted "NO"
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...
More than 3 million Greeks at the edge of poverty!!!
Troika and Greek leaders are about to implement new austerity measures and wage cuts while EUROSTAT reports that 27,7% of the Greek population is on the edge of poverty!
According to the European Statistics authority 27,7% of the Greek population is living in poverty and social exclusion, while the highest poverty rates recorded in Romania and Bulgaria (41%), Latvia (38%), Lithuania (33%), Hungary (30%) and Poland (27.8%)!
More specifically, in Greece, 28.7% of children, 27.7% of the population aged 18 to 6 and 26.7% of people over 65 live into poverty.
These statistics refer to 2010 (in 2009 the same amount was 20%) so imagine how dramatic will be the reports for 2011 with the wage cuts, the unemployment and the new taxes!
I wonder if there will be any statistics at all for 2012...
General strike (7/2) against the new austerity measures!
Workers in Greece are going on a general strike today in order to protest the new austerity measures! In addition, massive protests are organized in Athens!
Due to the strike the public transports will operate as following:
Buses will operate from 9 am to 9 pm.
Metro and trains and tram will operate form 10 am to 5 pm
Trolley buses will operate from 8 am to 9 pm.
TrainOSE and Proastiakos will be in a 24-hour strike.
Moreover, Greek Seamen Federation is planning to join the 24-hour strike, so ships, ferries will not operate from 00:01 Tuesday until 12:00 pm ths same day
“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.
Unionists protested outside Hilton hotel blocking the exit to the members of the Troika! (Video)
Members of Greek Communist Party gathered this morning outside the Hilton Hotel in which the Troika officials stay during their visit in Athens.
More than 500 unionists shouted slogans like “Troika Go Home” and “Get Out of Greece” in order to protest against Troika’s interventions in the Greek private sector.
Troika wants the decrease of the minimum wage, the repealing of 13th and 14th salary and changes in the labor rights in order to approve a second rescue package for Greece.
Troika representatives requested the intervention of a prosecutor in order to leave the hotel but the protest ended at 10 a.m. without any intervention from the police.
Watch the video below:
PM Papademos: “Greece might default on its sovereign debt in March!”
"Without the agreement with the troika (the European Union, the International Monetary Fund, and the European Central Bank) and the resulting funding, Greece faces an immediate danger of disorderly default in March," Lucas Papademos told union leaders and employers' federations in Athens on Wednesday.
These statements came after the demands of Troika to reduce the minimum wage and eliminate 13th and 14th wage in private sector!
Mr. Papademos urged defiant union leaders to accept further income reductions targeting workforces. He insisted that the necessary decision for the country's future must be taken before the planned mid-January visit by debt inspectors from troika which would determine whether the country can hold onto the euro or it should return to its pre-2002 currency, the drachma.
The Troika inspectors will analyse the progress of deficit-cutting plans in order to determine whether it should be presented with a next tranche of 8 billion euro before the country goes bankrupt.
173,522 less Civil Servants until 2015!
The Greek government and Troika are planning thousands reservists of public utilities and organizations until 2015, along with mass retirements and additional dismissals.
According to the plans, civil servants must be decreased by 22.4% from 775,994 to 602.472 people during the period 2010-2015!
IMF Poul Thomsen asked Greece to act with aggression in order to close unneeded state organizations and also keep on with non-voluntary dismissals, stating the content of the latest negotiations among the Greek government and the international lenders.
IMF demands that the public employment in Greece will be one of the lowest in the EU by 2015.
Noam Chomsky “Troika wants to destroy Greeks”
Noam Chomsky the famous American linguist, philosopher, cognitive scientist, political activist, author, and lecturer gave an interview at 'Vimagazino' magazine about the Greek economic crisis and the troika's actions in Greece.
Watch the video below as published by 'Vimagazino' magazine:
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