GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!

Working sites of the mining company Hellas Gold were attacked by a group of about 40 people who immobilized the guards and started burning the place. Yesterday during demonstrations protesting the mining activities in the area of Skouries, Halkidiki shtf with riot police too.
[link to www.seleo.gr]
[link to translate.google.gr]
[link to translate.google.gr]


Hellas Gold is a subsidiary of Canadian firm Eldorado Gold, two months ago French channel France-2 uncovered a scandal, where the Greek state gave to Eldorado Gold for their investment of 2 billions, a forest as a gift in the symbolic price of 1 euro and without a public contest, which makes the process and agreement illegal . The forest happens to be very rich in copper (730,000 tons), so rich that you don't even have to dig to find it, it's worth is estimated in the billions. The company plans to destroy big part of the rich in biodiversity forest, something that happens for the first time in Greek history with a private company and locals are protesting about it.


[link to www.youtube.com]
(Couldn't find an English one sorry, French with Greek subs only.)

Last Edited by insertfunnyusername on 02/17/2013 09:42 AM

Thousands of Spaniards rallied in Madrid to the sound of Grândola Vila Morena! Thousands of Spaniards showed up last night in Madrid to the song by Zeca Afonso. The protest, another against austerity measures also marked by some moments of tension with security forces. [link to sicnoticias.sapo.pt] this is a pride for us portuguese people, grandola vila morena is the name of our 25th april of 1975 revolution

That's awfully passive to let them plunder your lives.

I know Pool, taxation is almost 50% up too, strangling, people seem to have given up hope here. Don't get me wrong, we should do cuts and austerity since things got bad, but you can't do in just 2 years things that it would normally take one decade to implement, there is a big chance of the collapse of the social web if you do all these things in just 2 years, cuts yes is understandable, but let's not kill people who for the most part had nothing to do with these policies. Even IMF stated that the program is wrong but they don't seem to want a change in it. Weird.

5 videos of the attack on the gold mine.
[link to translate.google.gr]

More about the shady deal between the Greek state and Eldorado Gold.
[link to translate.google.gr]

The blind leading the blind.

Greek PM to Hollande: Unfortunately, I lost peripheral vision in my right eye
[link to translate.google.gr]

Last Edited by insertfunnyusername on 02/19/2013 09:22 AM

Thousands rally in anti-austerity strike; scuffles break out
[link to www.ekathimerini.com]

Greek current account deficit falls to lowest since euro entry
[link to www.ekathimerini.com]

Standard & Poor's has warned that Cyprus risks going into default if international lenders fail to come to the country's rescue soon. Debt-hit Cyprus is looking to secure emergency funding amid its political turmoil.
[link to www.dw.de]

Samaras wants to resolve Aegean Sea dipute with Turkey
[link to www.bloomberg.com]

Even if one country starts drilling, the other can reach the same pocket of gas. Crazy to sit there and fight over it instead of pushing ahead.

Don't settle for less than success.

Well, there is that casus belli, i find it suspect that they decided to go this route now that we are not exactly in our best shape tbh, not to mention that the creditors can seize pretty much everything. Lots of big players fighting for geopolitical influence right now here, we'll see how it will pan out i guess.

Last Edited by insertfunnyusername on 02/21/2013 07:35 AM

Cyprus: Minister's car almost confiscated
[link to translate.google.gr]

Qatar back on Elliniko list of bidders, say gov’t sources
[link to www.ekathimerini.com]

French giant Total interested in Greek Petroleum privatization and oil/natgas exploration
[link to translate.google.gr]

German museum to return to Greece 10,000 Neolithic ceramic fragments excavated during nazi occupation.
[link to translate.google.gr]

Cameron rules out return of Parthenon marbles
[link to www.ekathimerini.com]

Thursday’s meeting of the Euro Working Group (EWG), comprising top eurozone finance ministry officials, is expected to green-light the disbursement of the February bailout sub-tranche of 2.8 billion euros to Athens.
[link to www.ekathimerini.com]

Supreme Court and Council of State rule out measure of pre-retirement scheme as unconstitutional
[link to translate.google.gr]

Spokesman of EU Economy Commissioner Olli Rehn: There is no question of immediate layoffs in the public sector
[link to www.protothema.gr]

Locals complain about 'terrorism' climate after the attack on the gold mine with daily illegal arrests and "disappearances"
[link to translate.google.gr]

The European Central Bank made 555 million euros ($732 million) last year from Greek sovereign bonds acquired under its first bond-buy plan, a sum that suggests billions in profits from the program could be passed on to Athens.

The ECB's profit implies that the whole Eurosystem - the ECB and the 17 national central banks in the euro zone - could altogether have made billions from the Greek sovereign bonds.
[link to www.cnbc.com]

George Papandreou, the former Socialist prime minister who was at the helm when Greece’s economic ship smashed on the rocks of fiscal ruin, has landed a job at Columbia University teaching, of all things, how to govern financial crisis.
[link to www.foxnews.com]

Ok this is a crazy rain! In Athens it started at 4 in the morning with big booms every few seconds.. and it keeps on for 5 hours with the same tense. Many roads are flooded, the rivers (esp. kifissos) is close too..
This is damn crazy for us here (and for February). I really think they do something with the weather.

check the photo here
[link to www.zougla.gr]

Last Edited by Ostria1 on 02/22/2013 03:06 AM

Photos-videos: [link to www.zougla.gr]

xamos leme.. eutixws stamatise twra alla eimai akoma apokleismeni sto spiti lol

bet your life on it

Xairomai pou sai kala. :)
Kairo eixe na plimirisei etsi, edo boreia xionize xtes, xoris na exei krio katholou, koulo.

I think they do.. last nights booms were not normal imo.

crazy sh@t! I heard a plane from mitili to athens couldnt reach the airport (it shook them a lot) and they went to land in Crete!

Seems bad, neighborhoods that don't usually get flooded were affected too as it seems, can't imagine how bad it is in the north-west suburbs where the infrastructure is traditionally bad.

Thread: Athens under water after several hours of rainfall!!! Italy too!!! More to come!!!

Gov’t pushes ahead with investment, sell-off projects, Thessaloniki Water Company (EYATH), Athens Airport, Thrace gold mine, seaplanes promoted
[link to www.ekathimerini.com]

Qatar has held talks with Greece to buy the Astir Palace, a beachfront resort in Athens that twice hosted the Bilderberg conferences of political and business leaders, according to three people with knowledge of the matter.
[link to www.ekathimerini.com]

Hochtief Said to Revive Airports Sale With Deutsche Help
[link to www.bloomberg.com]

IMF suggests "haircut" for indebted households, Deems necessary to review the law to protect borrowers
[link to translate.google.gr]

Berlusconi wanted to help Greece by buying an island but ze Germans made his life hard
[link to www.ethnos.gr]

Last Edited by insertfunnyusername on 02/24/2013 07:10 AM

zerohedge‏@zerohedge

Malas Concedes Defeat, Congratulates Anastasiades For Cyprus Win

A helicopter with 5 heavily armed people on board, 2 Greeks, 1 Romanian and 1 Albanian and the pilot, attempted to storm a prison in Trikala to help in the escape of a well known prisoner named Vlastos, helicopter was crippled by prison guards fire, Vlastos and the pilot injured, all arrested.
[link to translate.google.gr]

Good luck "owning" an island once the economy and political stability really goes bad.

Meeh, they're private islets/islands, rich guys sell them to rich guys, i doubt they'll face any problems owning them tbh even if the economy tanks.

Last Edited by insertfunnyusername on 02/24/2013 05:50 PM

Wow, sounds like A Team material