Greek Prime Minister Antonis Samaras’ uneasy coalition government faces its toughest test this week when a $17.45 billion spending cut and tax hike plan aimed squarely at workers, pensioners and the.
Greek Prime Minister Antonis Samaras announced that he plans to cover Greece with a Wi-Fi cloud and give everybody in the country free internet access. Samaras made the statement during a televised.
Speaking about measures that Greece will propose to creditors, Varoufakis said that there will not be any changes on value added tax before the end of summer. “I wish we had the drachma and the.
The German government declined on Wednesday a report saying that Berlin is formulating a plan to keep Greece in the Eurozone even if it defaults on payments to creditors, said Reuters. According to an.
The Troika said Greece needs to deal with the hole or face imposing more of the austerity measures that Samaras swore he would never do again, and the lenders are also critical over lagging.
While they are insisting on austerity measures including big tax hikes for Greeks, the 28 representatives of the country’s international lenders known as the Troika, who have settled in Greece as.
Panagiotis Lafazanis and Zoe Konstantopoulou are history, along with all the SYRIZA rebels who believed that a rift with Europe, bankruptcy and the return to the drachma would. The bills from the.
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Greek Tourism Minister Olga Kefalogianni stated: “leave behind the bankrupt past, say no to misery and give a vote of confidence to the road that leads out of the crisis.” During her speech in.
Coca-Cola Hellenic Bottling Co. SA (EEEK)’s decision to leave its home equity market in Athens for London increases the chance that Greece will be demoted to an emerging market next year, MSCI Inc.
(Translated) pic.twitter.com/hPGJcp49Gs — The Greek Analyst (@GreekAnalyst) June 29, 2015 ‘I mean I don’t know in the end if the ‘yes’ or the ‘no’ is in reference to the drachma (Greek’s former.
Much of Greece’s crisis, which sees the country about to enter a seventh year of a deep recession that has created record unemployment and poverty while tax cheats continue to largely escape, was.
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Troika putting up two bailouts of $325 billion would lead to Greece being pushed out of the Eurozone and back to the drachma. In an open letter addressed to the Greek people Papademos stated that the.
More than 2.34 million people in Greece are living below the poverty line, due largely to a barrage of pay cuts, tax hikes and slashed pensions that have hit workers, pensioners and the poor while the.
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Why don’t they hunt down the country’s elite, the tax evaders, the corrupted politicians. In fact, they would probably prefer Greece to go bankrupt and return to the drachma as they would buy.
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The choice — the most critical in decades — could determine whether Greece abandons the joint euro currency and returns to its old currency, the drachma. But there are. in Rome to protest pension.
He also criticized the SYRIZA dissidents for wanting a rift with Europe and return to the drachma. in Greece and monitor the progress of reforms,” he said. “Now we have many fights to give, against.
Greek Prime Minister Alexis Tsipras said on Thursday he will call for an emergency referendum within SYRIZA, which is split over a bailout agreement that demands austerity reforms. “I propose to the.