In a sentence, because the bailouts are funding an oppressive political regime. The bailouts allow the country to be run...
bailout
I'm not sure if Rajoy is supposed to be left or right but his attitude to a Spanish bailout is...
The mainstream media, the EU politicians & the markets seem completely oblivious to reality of what is going on in...
1. Fascist. You have the Spanish finance minister on TV categorically denying that the government has anything to do with...
The big target for the Greek government has been to reduce the primary budget deficit (ie for the government to...
Greek bank deposits are around 180 billion Euros. (more…)
Naked Capitalism has an excellent article detailing the Greek government debt crisis. Here it is, the comments on the article are also...
The single biggest issue with a Greek government default will be the effect it has on the banks in Greece....
If your neighbour found it impossible to pay their mortgage and your banker came to you and said, "you must...
Ekathimerini did a nice little write-up on what is in the package demanded by the Troika. I'll got through it...
Their mouth is moving..... boom boom But seriously, how can you tell when a politician is trying to do something against your best...
Athens News reports today that the first round of "labour reserve" will be drawn on Monday. I have said before...
Athens News appears to support the appointment of Papademos but I view it as a moral hazard, Greece is promoting the person...
So it was announced today that Greek has been granted the next tranche of the bailout by the troika. The...
First of all let me summarise some of the key points as given by the Greek media and Greek politicians...