In a sentence, because the bailouts are funding an oppressive political regime. The bailouts allow the country to be run...
Greece Taxes
The latest story dominating the Greek media is something called a Lagarde list. The fact that the list is getting...
The Greek government is not prepared to compromise on this (more…)
A short but very telling video about the Troika and Thomsen's view of the crisis that the Greek government is...
First they cut the pensions of all pensioners regardless of the size of their pension (for example even pensioners drawing...
The Greek government have announced their plan to reduce the tax-free limit that is in place based on the number...
A business man in Greece was highlighting how the actual tax rate on 20,000Euros earnings will be around 79% if...
At the moment the Greek government is unable to work out how they can stop spending more money than they...
Athens News had a piece titled "Rein in the Troika", it was a prime example of the usual ignorant socialist...
There is talk about a complete private sector strike tomorrow in Greece as a protest at further tax increases. But...
Post Here My Reply (more…)
How the 11.7 billion Euro Greek government "cuts" breakdown and our analysis (more…)
The mainstream media, the EU politicians & the markets seem completely oblivious to reality of what is going on in...
Athens News is reporting a mini revolution on a small Greek island where the islanders of Hydra trapped the police...
It's been going for 8 years and the Greek government is still no closer no reducing it's deficit and in...
Let me say from the off that I think Peter Schiff rocks but when it comes to austerity in Europe...
So the news reports that Rajoy is following the same program of "austerity" as Greece. The effect that so-called "austerity"...
Crippled by debt, propped up by European powers, handicapped by an ineffective administration: uncompromising diagnoses of Greece’s ills are not...
"I .... think about all those people who are trying to escape tax all the time. All these people in...
Granted, I get a lot of my information second-hand but Syriza, the alternative communist party in Greece is getting airtime...
The big target for the Greek government has been to reduce the primary budget deficit (ie for the government to...
Reuters has a very broad article today outlining he possible consequences of a Greek exit from the Euro currency. It...
So a judge is not the prime minister of Greece. Here is an article explaining the situation in more detail....
Property law & reform. Greece, has arguably the most desirable real estate in the world. Unfortunately, if you want to...
Forget what you have been reading in the news, Greece is not suffering because of austerity, Greece is suffering because...
I forget the website now, but it was basically a page of funny photos with a funny comment to go...
This is the article in Yahoo! - It put a completely new perspective on fuel taxes, bravo, Yahoo! Highlights (more…)
A surreal article in The Independent, title has nothing to do with the article that I can see How would...
Bailouts say banks can borrow as much money as they want, if the government can't pay the loans back directly...
I had the pleasure of speaking to a lady working in Greece today and she was explaining the new taxes...
I was speaking to some Greek on the weekend and they highlighted the issue of a manufacturer who exported to...
I have written about the property tax in Greece before. The gist being that the govenrment is seeking to bypass the...
The Greek government, in alarmingly fascist behaviour, is giving the Greek population financial advice although it has no obvious authority...
The Greek recession has been, and is being deliberately induced by the Greek government. The purpose is vilify German economic...
Let me first says the Max Keiser is awesome. He brings an amazing amount of insight to the subjects he...
The ECB is currently influenced by German politicians (Bear with me, it takes a while for me to get to...
Forget all the tosh you see in the news. This lady hits the nail well and truly on the head....
Before we get into it, we first have to recognise that the Greek government is a separate entity from the...
An editorial in Athens News today highlights the Greek media's complete state of denial with regards to what is happening...
Athens News covers an intelligencesquared debate held in Greece yesterday. Roubini is one of the most respected economists on the...
Assuming Germany and the EU decide not to "bail out" Greek bank depositors. What does that say about the last...
Μετάφραση από το Google Γερμανός υπουργός Οικονομικών Σόιμπλε είναι εισηγμένες σήμερα από το Reuters, όπως λέει? "Οι υποσχέσεις από την Ελλάδα...
German finance minister Schaeuble is quoted today by Reuters as saying; "The promises from Greece aren't enough for us anymore,"...
Εάν ο γείτονάς σας βρέθηκε σε αδυναμία να πληρώσουν την υποθήκη τους και τον τραπεζίτη σας για να σας ήρθε...
Απειλές είναι τα μόνα εργαλεία που Παπαδήμος και η ελληνική κεντρική τράπεζα έχει. Λογικό επιχείρημα αυτό δεν είναι με το...
Threats are the only tools that Papademos and the Greek central bank has. Logical argument is not on their side....
Ekathimerini carried an article today outlining the proposed increases in property tax and the negative effects this will have on...
It is constantly pumped out by the media worldwide that Greece has a problem with tax evasion. I put it...
The Greek economy has been mismanaged by consecutive greek governments. The Greek central bank has been instrumental in allowing successive...
Ekathimerini spotted this important statement In his interview with CNBC, Papademos also stressed the need for wage reforms. “What you...
Before talking about the new Drachma, we first have to identify the problem with the current Euro currency system and...
Kathimerini is one of the biggest newspapers in Greece. Today "the editors" have come out with an article dealing with...
I wrote yesterday how the media in Greece was ramping up the propaganda about how bad life would be for...
Provopoulos the governor of the Greek central banks has, in an interview on the weekend, outlined his strategy for the...
"Alternate Finance Minister" acknowledges government actions over the past 3 years have made things worse. Greeks have been put through...
The bankers control of the Greek economy is set to increase in January 2012 with the private banks to start...
So Papademos has been in power for around a month and the Greek propaganda machine has come and said there...
If there was any doubt that increasing taxes reduces government tax revenues the Greek economic crisis proves it. Despite massive increases in taxes over the...
Tax evasion as a "problem" in Greece is a fiction put forward by successive Greek governments. The purpose of creating...
Athens News carries an editorial today about the Greek governments debt problems, with the title "biting the bullet", like putting ammunition...
Nicolas Sarkozy has come out and said that the Greek austerity measures are not a big enough "punishment" on the...
As if Greeks needed more evidence that they were living under a tyrannical government, the Greek government has decided it...
Wikipedia defines tyrant as Plato and Aristotle define a tyrant as, "one who rules without law, looks to his own advantage...
Athens News reports today that the first round of "labour reserve" will be drawn on Monday. I have said before...
From day one Samaras has said it was a mistake to raise taxes in a recession and expect to increase...
Like all governments, Greece spends more every year than it takes in in taxes. Also like all governments, Greece is...
The Greek debt problem is extremely easy to solve. Before it can be explained why, we first need to understand...
Reuters carried an in-depth article in July of 2011, I have pasted it in below. Basically it shows that the...
The following links show live video streaming of the mass protests in Athens in today. (more…)
The 19th of October 2011 will witness the almost complete shut down of the Greek economy. 2 main themes dominate...
It seems that every Greek I speak to says Samaras is the same as Papandreou, all politicians are looking out...
In the continuing efforts of the Greek government to tighten control over the spending of private citizens a new tax...
Apparently when a government takes over the running of something, it is not a nationalisation. That comes from the Greek...
How can Greece be forced to do such extreme measures for the sake of "cantagion". The answer is that the...
Greece sinks deeper into fascism with the latest law passed yesterday. If there was any doubt among Greek that they...
First of all let me summarise some of the key points as given by the Greek media and Greek politicians...
So the Greek parliament has passed the law which allows the public owned power company to collect an "emergency property...
If was not obvious enough, the Former Assistant Secretary of USA Treasury and Former Editor of The Wall Street Journal,...
The current PASOK government are carrying out 2 main actions to get the Greek government books under control. They are...