Archive

05.11.2018 - 13:15 [ Kathimerini ]

Debate: Is Italy going the way of Greece in 2015?

The Italian government elected this summer has a number of similarities with the SYRIZA-Independent Greeks coalition that came into office in Greece in early 2015 and jolted the eurozone with its apparently defiant policy that led to a three-week shutdown of the country’s banks, the imposition of strict capital controls, a divisive referendum and a fresh bailout program worth 86 billion euros. Now it is Rome that appears to be pursuing a quasi-defiant policy toward the eurozone.

22.08.2018 - 01:08 [ Paul Craig Roberts / Institute for Political Economy ]

Genocide of the Greek Nation

The political and media coverup of the genocide of the Greek Nation began yesterday (August 20) with European Union and other political statements announcing that the Greek Crisis is over. What they mean is that Greece is over, dead, and done with. It has been exploited to the limit, and the carcas has been thrown to the dogs.

22.07.2018 - 14:05 [ Hurriyet ]

Turkey proposes Russia ‘joint production of S-500 missiles’

(14.6.2018) “Besides [the S-400s], I have made a proposal to Russia for the joint production of the S-500s,” Erdoğan said in a televised interview late June 13.

The S-500s are still under development and believed to be deployed by 2020 as a supplement but with a longer range to the existing S-400s sophisticated surface-to-air missiles. Turkey will procure the S-400s to augment its air defense by July 2019.

In reaction to some countries’ opposition against the Turkish purchasing of S-400s, Erdoğan recalled that Greece has an earlier version of Russian air defense systems, the S-300s, on its soils.

30.05.2018 - 15:14 [ Bloomberg ]

Is Italy the Next Greece?

European Central Bank chief Mario Draghi helped end the 2012 crisis by promising to do “whatever it takes” to stabilize markets. But Marcus Ashworth notes the ECB is treating Italy’s agita like a parent reacts to a kid’s demand for ice cream – by saying, “We’ll see.” Until the ECB puts its money where its “whatever” is, contagion will continue, Marcus warns.

17.05.2018 - 18:39 [ IBNA ]

Athens expects staff level agreement with creditors by Saturday

Speaking to Greek media on Thursday, Finance Ministry sources confirmed that talks with the inspectors representing the country’s official lenders have culminated in an agreement to reduce pensions in January 2019 as agreed, and slash the income tax-free threshold in 2020.(…)
Remaining stumbling blocks reportedly include delays in the selection of new general secretaries for Greek ministries, over which the government was warned by troika representatives.