GREECE SITUATION UPDATES!!! YOUTH UNEMPLOYMENT RATE IN GREECE RISES TO 59.3%!!!

zerohedge‏@zerohedge

Greek FinMin Stournaras says efforts to clamp down on tax evasion must center on auditing high income earners. Such as his predecessor?

zerohedge‏@zerohedge

@GreekFire23 Is he referring to the $2 trillion in excess deposits used by banks to buy stocks?

zerohedge‏@zerohedge

Rumor Spain and Greece preparing bailout package for the US

Business Insider‏@businessinsider

European Peripheral Yields Are Collapsing [link to read.bi]

zerohedge‏@zerohedge

STOURNARAS SAYS GREEK ECONOMY IMPROVING. Must be that 17.1% collapse in retail sales

this is a VERY interesting article from the german newspaper Die Welt.

The rescue of the Greeks is only a staging
By Henryk M. Broder

some points from the article

"It's part of the staging when we pretend helping the Greeks with new billions every time in order to stabilize their economy ... but those who offer the assistance mainly help themselves in order to stay in the game."

The billions we give to Greece go from one account to the other, from one bank to the other in order to refinance the loans granted to the Greeks, and thus prevent the collapse not of the Greek economy, but the banks.

For example, the one that wants to sell his "partner" 1000 tanks worth over two billion euros, which the buyer actually can not afford, so the business has to be financed, and finally those who earn are the banks and the seller (my translation)

But Greece is the best proof that the civil war has already begun. It's not just the South, who rebels against the North, it is the "mob" that rises up against a European aristocracy, who built his new Sanssouci in Brussels.


[link to www.welt.de]

Interesting read indeed, thanks.

Also interesting is that Olli Rehn stated in the EU parliament that Greek govt made more cuts in wages and pensions than the cuts demanded by troika, win-win for both of them i guess.

Barroso: EU states must sacrifice 'sovereignty for influence'
[link to www.publicserviceeurope.com]







Last Edited by insertfunnyusername on 01/03/2013 06:25 PM

zerohedge‏@zerohedge

Guest Post: The Greeks Have Already Dumped the Euro [link to www.zerohedge.com] …

zerohedge‏@zerohedge

Polls - Monti's alliance would have 12% support … Not so easy when the ECB doesn't hand you the PM throne

Giacomo Bertolio‏@giaberto

@zerohedge Rumours of former FinMin Tremonti to be running for premiership for center-right coalition. A serious and reputable contender.

Merkel to meet Samaras on Jan.8 and visit Cyprus on Jan.11. She visited Cyprus on the exact same date in 2011.
[link to www.ekathimerini.com]
[link to www.cybc.com.cy]

This can't be good.

Egyptian ambassador to Cyprus gets slap happy at Larnaca airport.


[link to www.youtube.com]

Thread: So It Begins: Turkey Warns Greece Against Oil Exploration In The Aegean, Turkish experts accuse Greece of illegally snatching 16 islands

zerohedge‏@zerohedge

ITALY'S COMMISSIONER FOR SPENDING REVIEW BONDI RESIGNS

zerohedge‏@zerohedge

France’s Hollande Plans to Overhaul Constitutional Court Rules. Because nothing can stop the Fairness Doctrine

Vaxevanis made it to NYT.

Greece’s Rotten Oligarchy
[link to www.nytimes.com]

deltahedge‏@minefornothing

As @zerohedge reported, Greek banks may ask for even more money [link to www.ekathimerini.com] …

OT but had to post it somewhere.


A TEAM of history-lovers from Britain have unearthed over 300 prehistoric clay figurines in one of the biggest archaeological finds in south-eastern Europe.

The archaeologists, from Southhampton University, helped make the landmark discovery at a Neolithic archaeological site in central Greece believed to have dated from between 5800 – 5300 BC.

British archaeologists unearth astonishing collection of ancient figurines in Greece
[link to www.express.co.uk]

History needs to be rewritten.

European civilization is older than the egyptian and babylonian.

They also found a 7000 year old quite sophisticated water well in Germany two weeks ago.

'A total of 151 oak timbers preserved in a waterlogged environment were dated between 5469 and 5098 BC and reveal unexpectedly refined carpentry skills'

[link to www.dailymail.co.uk]

Thnx for link, very kewl discovery. History won't be re-written anytime soon imo coz the obvious religious agenda is obvious. I agree that neo-lithic civilization in Europe is older than Egypt/Babylon, but i don't think that they can be compared with them, so many things we don't know about Egypt/Babylon either.

Last Edited by insertfunnyusername on 01/07/2013 05:49 PM

Greek banks need more money:

The country’s main banks are considering requesting additional funds for their recapitalization.

[link to www.zerohedge.com]

Last week i said that i'm surprised they didn't ask for more money with the bailout and one week later they do ask for more, what a bunch of greedy criminals.

Last Edited by insertfunnyusername on 01/07/2013 08:01 PM

I've read your economy is slightly getting better? Any truth to this?

No, it's the same as it was 1-2-3 months ago that we supposedly dying and all that just to get the trache, economies especially in recession/depression don't get better in 2 months. Some good things have been done like increased exports, deficits a bit improved but the EU/IMF growth projection for 2013 is -4.3% and they always get it wrong by 2 or 3% so expect a -7%. Corruption on all state levels is still rampant here and we haven't seen the impact of the latest austerity package yet. I could go on with more but you get my point, same shit different day.

Last Edited by insertfunnyusername on 01/07/2013 08:27 PM

Thanks for the info.

My pleasure.

save Greece and it's people both are wonderful

zerohedge‏@zerohedge

5.7 Magnitude earthquake 151 miles NE of Athens. So now we know what the 120% "under 25" unemployment will be blamed on

WTF?