If you had any kind of doubt whether Greece’s Eurogroup creditors were totally unwilling to reach a deal and instead wanted to kick Greece out of Eurozone no matter the costs to Greek people and European economy, you can lay them to rest: Despite Greece agreed to almost all demands laid out by Eurogroup before […]
A deal is still not reached between “Troika” (European Commission, the European Central Bank and the International Monetary Fund) and Greece, after the recent Greek referendum on Eu proposals in which Greeks voted No with an overwhelming 61% majority. Since then Greece came up with proposal which were submitted to Troika, however there doesn’t seem […]
On 5 July 2015 – just now – Greeks voted “No” in an overwhelming 60%+ majority in referendum for the bailout terms forced upon them by Eu Creditors. But what does this vote mean? It strengthens Greek Government’s Political Position Current Syriza government is an alliance of left wing parties, who got elected […]
Greek Government was given $30 billion in loans to bail out the local branches of international private banks in Greece in 2008. That’s an amount Greek economy, taxes – nothing in Greece could handle. They ended up having to get loans to pay the installments of that loan, and now the debt ballooned to an […]
If there was any example to illustrate how media is used to lie and do propaganda for private interests, there couldn’t be any better example than an article from The Guardian that was published just one day before Greek Bailout referendum on 5th June 2015. “Greek economy close to collapse as food and medicine run […]
