http://www.wsj.com/articles/greek-bailout-extension-approved-by-eurozone-finance-ministers-1424764737?tesla=y
http://www.independent.ie/business/world/greece-caves-in-pledges-tax-reform-government-spending-cuts-31016851.html
The complete list of reforms agreed today, 24 Feb 2015 by EU and Greece you find here (click)
The old EU measures list here (click)
The Greek Parliament wish list early Feb here (click)
http://www.δραχμή.gr
Tuesday, February 24, 2015
24 Feb 2015 - Greece list of reforms 24 Feb 2015
- Combat tax evasion
- Tackle corruption
- Commit not to roll back already introduced privatisations, but review privatisations not yet implemented
- Introduce collective bargaining, stopping short of raising the minimum wage immediately
- Tackle Greece's "humanitarian crisis" with housing guarantees and free medical care for the uninsured unemployed, with no overall public spending increase
- Reform public sector wages to avoid further wage cuts, without increasing overall wage bill
- Achieve pensions savings by consolidating FUNDS
and eliminating incentives for early retirement - not cutting payments
- Reduce the number of ministries from 16 to 10, cutting special advisers and fringe benefits for officials
Eurozone ministers agree, Germany no comment yet 15.00 CET hrs
24. Feb 2015 - Greek list of reforms, finally submitted, seems fair compromise - tel. conference starts at 13.00 pm
24. Feb 2015 - Greek list of reforms, finally submitted, seems fair compromise - tel. conference starts at 13.00 pm
http://www.reuters.com/article/2015/02/24/us-eurozone-greece-idUSKBN0LR0ZX20150224
http://www.reuters.com/article/2015/02/24/us-eurozone-greece-exclusive-idUSKBN0LS0QR20150224
Teleconference starts in 10 minutes from now, 13.00 hrs CET.
The list is not openly available.
Philippe Blankert 24 Feb 2015
http://euro-drachme-grexit.blogspot.nl/
http://www.reuters.com/article/2015/02/24/us-eurozone-greece-idUSKBN0LR0ZX20150224
http://www.reuters.com/article/2015/02/24/us-eurozone-greece-exclusive-idUSKBN0LS0QR20150224
Teleconference starts in 10 minutes from now, 13.00 hrs CET.
The list is not openly available.
Philippe Blankert 24 Feb 2015
http://euro-drachme-grexit.blogspot.nl/
Monday, February 23, 2015
24 Feb 2015 Varoufakis sorry about delay 'deadline': 'Secretary who had to deliver reform-list got pregnant'
24 Feb 2015 Varoufakis sorry about delay 'deadline': 'Secretary who had to deliver reform-list got pregnant'
'First delay was due to in-tray printer scrambling thermofax from Athens while scanning'
Philippe
'First delay was due to in-tray printer scrambling thermofax from Athens while scanning'
Philippe
24 Feb 2015 - Referendum Grexit? Could EU finance ministers spend more than 50% of their time on Greece on a structural, sustainable basis?
What Greece now in fact needs, is a referendum: in or out euro
At the time of elections, Greek population was not realistic: they thought breaking with the current bail out conditions would be possible.
Now they have learned it does not work, Greece should be able to say yes or no to euro
http://www.marketwatch.com/story/itll-take-more-than-a-little-windex-to-fix-this-greek-tragedy-2015-02-20
It is a quite unmanageable situation if all EU finance ministers agenda have to be constantly 50% filled with Greece meetings, at to have to block out the other 50% as well in case of emergence.
At the time of elections, Greek population was not realistic: they thought breaking with the current bail out conditions would be possible.
Now they have learned it does not work, Greece should be able to say yes or no to euro
http://www.marketwatch.com/story/itll-take-more-than-a-little-windex-to-fix-this-greek-tragedy-2015-02-20
It is a quite unmanageable situation if all EU finance ministers agenda have to be constantly 50% filled with Greece meetings, at to have to block out the other 50% as well in case of emergence.
24 Feb 2015 - Greece misses deadline but is still alive, as usual - no list of reforms: no confer call on Tuesday
http://www.heraldsun.com.au/business/breaking-news/greece-bailout-reform-deadline-extended/story-fni0xqe4-1227236338230
No it is Tuesday morning 24 Feb the Greeks would hand in the list, and telefonference would be 24 Feb in the afternoon....
http://ca.reuters.com/article/businessNews/idCAKBN0LR0ZX20150223
No it is Tuesday morning 24 Feb the Greeks would hand in the list, and telefonference would be 24 Feb in the afternoon....
http://ca.reuters.com/article/businessNews/idCAKBN0LR0ZX20150223
23 Feb 2015 - EU finance ministers will scrutinize Greek's proposal on Tuesday 24 Feb
23 Feb 2015 - EU finance ministers will scrutinize Greek's proposal on Tuesday 24 Feb
http://www.theguardian.com/business/2015/feb/23/greece-drafts-three-page-menu-of-reforms-to-appease-eurozone
http://www.theguardian.com/business/2015/feb/23/greece-drafts-three-page-menu-of-reforms-to-appease-eurozone
23 Feb 2015 Part of Greece 'This is treason! Voter fraud'- Part of Brussels 'not receieved Greek list yet'
treason:
http://www.cnbc.com/id/102445830
Not all Brussels officials have copy yet:
http://www.dailystar.com.lb/News/World/2015/Feb-23/288429-greece-reform-list-received-in-brussels-european-source.ashx
15.00 hrs CET
http://www.cnbc.com/id/102445830
Not all Brussels officials have copy yet:
http://www.dailystar.com.lb/News/World/2015/Feb-23/288429-greece-reform-list-received-in-brussels-european-source.ashx
15.00 hrs CET
23Feb2015: On Tuesday 24th, decisive teleconference EU ministers' about Greece's list of reforms
On Tuesday 24th, decisive teleconference EU ministers' about Greece's list of reforms
http://www.bloombergview.com/articles/2015-02-23/mohamed-el-erian-now-comes-the-hard-part-for-greece
12:00 hrs CET
http://www.bloombergview.com/articles/2015-02-23/mohamed-el-erian-now-comes-the-hard-part-for-greece
12:00 hrs CET
Sunday, February 22, 2015
23 Feb 2015: Greece's $8.3 billion tax plan aimed at criminals, oligarchs
BERLIN: Greece has drawn up a 7.3 billion-euro ($8.3 billion) tax hit list aimed at the country's oligarchs and lucrative smuggling industry, a German newspaper said, as part of reform proposals due to its creditors Monday.
European finance ministers on Friday gave Athens just over three days to draw up a list acceptable to its international creditors in exchange for a four-month extension of its debt bailout.
Popular German tabloid Bild reported that the Greek government hop ..
//
If Athens sticks to its commitments, it stands to receive up to 7.2 billion euros in funds still left in its 240 billion euro bailout from the EU and the International Monetary Fund.
http://economictimes.indiatimes.com/news/international/business/greeces-8-3-billion-tax-plan-aimed-at-criminals-oligarchs-report/articleshow/46339089.cms
European finance ministers on Friday gave Athens just over three days to draw up a list acceptable to its international creditors in exchange for a four-month extension of its debt bailout.
Popular German tabloid Bild reported that the Greek government hop ..
Read more at:
http://economictimes.indiatimes.com/articleshow/46339089.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
http://economictimes.indiatimes.com/articleshow/46339089.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
//
If Athens sticks to its commitments, it stands to receive up to 7.2 billion euros in funds still left in its 240 billion euro bailout from the EU and the International Monetary Fund.
http://economictimes.indiatimes.com/news/international/business/greeces-8-3-billion-tax-plan-aimed-at-criminals-oligarchs-report/articleshow/46339089.cms
Feb 23 2015 early moning - Greece Seeks to Reconcile Creditor Demands With Election Pledges
Greece Seeks to Reconcile Creditor Demands With Election Pledges
Bloomberg:
We will know first reactions of EU in 8 hours from now, 01.00 a.m. CET 23 Feb 2015
Greece planned a short list:
Greek officials had been working on the reform list since Saturday morning and planned to submit a short list of pledges on areas such as tax evasion, corruption and public administration, the Greek official said.
http://america.aljazeera.com/articles/2015/2/22/greece-prepares-reform.html
Greece planned a short list:
Greek officials had been working on the reform list since Saturday morning and planned to submit a short list of pledges on areas such as tax evasion, corruption and public administration, the Greek official said.
http://america.aljazeera.com/articles/2015/2/22/greece-prepares-reform.html
To contact the reporters on this story: Paul Tugwell in Athens atptugwell1@bloomberg.net; Nikos Chrysoloras in Athens at nchrysoloras@bloomberg.net
To contact the editors responsible for this story: Jerrold Colten at jcolten@bloomberg.net; Vidya Root at vroot@bloomberg.net Rodney Jefferson, John Simpson
And Philippe Blankert of this blog: internetavenue@outlook.com
Saturday, February 21, 2015
21 Feb 2015 - Drachma problems will crop up again on Monday 23rd....
http://www.huffingtonpost.com/2015/02/21/greek-premier-difficulti_n_6726198.html
Greek Premier Tsipras Warns More Difficulties Lie Ahead In Bailout Talks
Maybe Tsiparis is preparing a 'light' version of Greece Parliament list of 10 Feb 2015?
http://www.xn--jxafi7ax1b.gr/docs/FULL-LIST-of-Greek-wishes-accorded-by-Greek-Parliament-10-Feb-2015.pdf
http://www.xn--jxafi7ax1b.gr/docs/FULL-LIST-of-Greek-wishes-accorded-by-Greek-Parliament-10-Feb-2015.pdf
Friday, February 20, 2015
21 Feb 2015- TEXT of the EU agreement reached on Friday 20 Feb. 2015 Brussels EU finance top
21 Feb 2015- TEXT of the EU agreement reached on Friday 20 Feb. 2015 Brussels EU finance top
See for text:
See for text:
http://www.δραχμή.gr/
.
So on Monday 23 Feb, Greece must issue a list of reforms that will have to be approved:
- by EU officials
and then all EU members countries will have to pass the extensions trough their parliaments.
So on Monday 23 Feb, Greece must issue a list of reforms that will have to be approved:
- by EU officials
and then all EU members countries will have to pass the extensions trough their parliaments.
THIS for an extension of 4 months of money.
The measures submitted by Greece on 23 Feb will probably have to be almost the same as the measures of 'current bailout program'.
Nevertheless there is a big advantage: the list will be known to the Greek population, and in that 4 months of time, the Greece population can make up its mind whether it is happy with it, as being the utmost result that could be reached staying in the EU zone.
When Greek population nevertheless wants less austerity, it will have to express it in votes or a referendum, and then make a collective decision, within 4 months, to LEAVE the Eurozone.
Philippe Blankert, 23 Feb 2015, internetavenue@outlook.com
http://euro-drachme-grexit.blogspot.nl/
The measures submitted by Greece on 23 Feb will probably have to be almost the same as the measures of 'current bailout program'.
Nevertheless there is a big advantage: the list will be known to the Greek population, and in that 4 months of time, the Greece population can make up its mind whether it is happy with it, as being the utmost result that could be reached staying in the EU zone.
When Greek population nevertheless wants less austerity, it will have to express it in votes or a referendum, and then make a collective decision, within 4 months, to LEAVE the Eurozone.
Philippe Blankert, 23 Feb 2015, internetavenue@outlook.com
http://euro-drachme-grexit.blogspot.nl/
20 Feb 2015 - new Age: this blog is being continued on http://δραχμήσ.com !
20 Feb 2015 - new Age: this blog is being continued on http://δραχμήσ.com !
The title of this blog, on http://δραχμήσ.com, punycode http://www.xn--jxafi7axpz.com/, is 'Eurolock'
Eurolock is about the fact that former democratic republics ever have agreed to a common currency, but now find that their internal economies are totally dictated by Universal Capital.
Universal Capital holds countries on the edge of austerity and suicity - people should have just enough money to live by and work, too little to be happy, but too much money in order to commit suicide.
Universal Capital strives to zero inflation, because that way capital holds its value.
Zero inflation is sub - optimal for economic growth, and certainly capital redistribution.
What is the freedom in a democracy, when that democracy has a currency that is governed by Universal Capital?
That is a question we will deal with on this blog.
Of course you are invited to mail me, Philippe, on internetavenue@outlook.com, regarding the subject of 'Eurolock', as became clear around the near-Grexit as described on http://euro-drachme-grexit.blogspot.nl/ and
The title of this blog, on http://δραχμήσ.com, punycode http://www.xn--jxafi7axpz.com/, is 'Eurolock'
Eurolock is about the fact that former democratic republics ever have agreed to a common currency, but now find that their internal economies are totally dictated by Universal Capital.
Universal Capital holds countries on the edge of austerity and suicity - people should have just enough money to live by and work, too little to be happy, but too much money in order to commit suicide.
Universal Capital strives to zero inflation, because that way capital holds its value.
Zero inflation is sub - optimal for economic growth, and certainly capital redistribution.
What is the freedom in a democracy, when that democracy has a currency that is governed by Universal Capital?
That is a question we will deal with on this blog.
Of course you are invited to mail me, Philippe, on internetavenue@outlook.com, regarding the subject of 'Eurolock', as became clear around the near-Grexit as described on http://euro-drachme-grexit.blogspot.nl/ and
http://www.δραχμή.gr/
So, follow me on http://δραχμήσ.com from now on :)
20 Feb 2015 20.50 hrs CET: Agreement EU - Greece obtained, 4 month bridge loan
20 Feb 2015 20.50 hrs CET: Agreement EU - Greece obtained, 4 month bridge loan
http://www.tagesschau.de/
http://www.tagesschau.de/
20 feb 2015 20:00 hrs CET: ARD.de: EU counterproposal to Varoufakis: 'take it or leave it'
German news, ard.de 20.00 hrs, CET 15 Feb 2015 just announced EU gave a today written counter proposal to Greece / Varoufakis, with the message 'take it or leave it'.
Thus rejecting Varoufakis' already far-reaching knee-bow to EU, his letter of 18 Feb 2015 as to be read on
http://www.δραχμή.gr/
Thus rejecting Varoufakis' already far-reaching knee-bow to EU, his letter of 18 Feb 2015 as to be read on
http://www.δραχμή.gr/
EU's today ultimate counterproposal is not yet available on the web or Google news.
http://www.tagesschau.de/ promises us to keep us update through the evening and night
Any inside information is very welcome towards me, blogger dr. Philippe Blankert, also owner of domain name
http://www.δραχμή.gr/
that is for sale. Email: internetavenue@outlook.com
This night is going to be 'the Greek night'.
Varoufakis is in quite a dilemma: accepting 100% EU conditions of 2010/2012 and Schauble would be 'voter fraud' - rejecting EU proposal would mean 'grexit'.
20.15 hrs CET
This night is going to be 'the Greek night'.
Varoufakis is in quite a dilemma: accepting 100% EU conditions of 2010/2012 and Schauble would be 'voter fraud' - rejecting EU proposal would mean 'grexit'.
20.15 hrs CET
20 Feb 2015 - Start of crucial EU finance meeting with Jeroen Dijsselbloem is delayed to start at 16.30 hrs CET
20 Feb 2015 - Start of crucial EU finance meeting with Jeroen Dijsselbloem is delayed to start at 16.30 hrs CET
Just before the meeting Dijsselbloem said in Dutch things were very complicated, but there was some room for optimism. The delay of the start of the meeting from 15.00 to 16.30 is due to extra pre-talks between Dijsselbloem and ECB and IMF.
http://www.elsevier.nl/Economie/nieuws/2015/2/Dijsselbloem-ruimte-voor-optimisme-1711199W/
Just before the meeting Dijsselbloem said in Dutch things were very complicated, but there was some room for optimism. The delay of the start of the meeting from 15.00 to 16.30 is due to extra pre-talks between Dijsselbloem and ECB and IMF.
http://www.elsevier.nl/Economie/nieuws/2015/2/Dijsselbloem-ruimte-voor-optimisme-1711199W/
20 Feb 2015 - The Varoufakis letter discussed today in Jeroen Dijsselbloems' EU group
20 Feb 2015 - The Varoufakis letter discussed today in Jeroen Dijsselbloems' EU group
See homepage of
See homepage of
http://www.δραχμή.gr/
(that domain is for sale, contact internetavenue@outlook.com)
Thursday, February 19, 2015
20 Feb 2015: ' Griechenland lässt sich durch Deutschland abschäublen'
'Griechenland lässt sich durch Deutschland abschäublen'
#abschäublen
http://www.reuters.com/article/2015/02/19/us-eurozone-greece-idUSKBN0LM0PO20150219
Dr Philippe Blankert 20 Februar 2015
http://euro-drachme-grexit.blogspot.nl/
#abschäublen
http://www.reuters.com/article/2015/02/19/us-eurozone-greece-idUSKBN0LM0PO20150219
Dr Philippe Blankert 20 Februar 2015
http://euro-drachme-grexit.blogspot.nl/
19 Feb 2015 - loads of new information about Varoufaki's game theory applied to Grexit now on http://www.δραχμή.gr
19 Feb 2015 - loads of new information about Varoufaki's game theory applied to Grexit now on http://www.δραχμή.gr
See especially:
- new home page with editorial on Varoufakis' game theory applied on Grexit: http://www.δραχμή.gr/index.html
- background on personal convictions of prof. Varoufakis: http://www.δραχμή.gr/Varoufakis-background.html
- explanation of the Grexit itself and possible mess when there is no agreement: http://www.δραχμή.gr/grexit-scenario.html
http://euro-drachme-grexit.blogspot.nl/
Philippe Blankert 19 Feb. 2015
internetavenue@outlook.com
See especially:
- new home page with editorial on Varoufakis' game theory applied on Grexit: http://www.δραχμή.gr/index.html
- background on personal convictions of prof. Varoufakis: http://www.δραχμή.gr/Varoufakis-background.html
- explanation of the Grexit itself and possible mess when there is no agreement: http://www.δραχμή.gr/grexit-scenario.html
http://euro-drachme-grexit.blogspot.nl/
Philippe Blankert 19 Feb. 2015
internetavenue@outlook.com
Wednesday, February 18, 2015
18 feb. 2015 21 hrs CET: Varoufakis predicts final deal on Friday 20 (first check EU officials Thursday 19)
18 feb. 2015 21 hrs CET: Varoufakis predicts final deal on Friday 20 (first check EU officials Thursday 19)
http://in.reuters.com/article/2015/02/18/us-eurozone-greece-varoufakis-idINKBN0LM1Z620150218
The 'grand finale' will thus be on Friday 20 Feb. 2015.
It has, however, more the foreplay of a tragedy than 'feel good movie'
http://in.reuters.com/article/2015/02/18/us-eurozone-greece-varoufakis-idINKBN0LM1Z620150218
The 'grand finale' will thus be on Friday 20 Feb. 2015.
It has, however, more the foreplay of a tragedy than 'feel good movie'
http://www.δραχμή.gr/ is for sale, exclusive offer to current government expires Saturday 21 Feb 12:00 hrs CET (internetavenue@outlook.com)
The final countdown:
http://www.cnbc.com/id/102429970
Emergency cap towards 68,3 billion euro
http://www.euronews.com/2015/02/18/ecb-meets-to-decide-on-extra-lending-assistance-for-greece/
http://www.cnbc.com/id/102429970
Emergency cap towards 68,3 billion euro
http://www.euronews.com/2015/02/18/ecb-meets-to-decide-on-extra-lending-assistance-for-greece/
18 Feb 2015: Greek proposal is NOT coming....Greece remains anti austere 18 hrs CET
18 feb 2015 18 hrs CET: no deal coming....
http://www.thehindubusinessline.com/opinion/the-greek-tragedy/article6909469.ece
Greece to make proposal to creditors, but unclear whether it would be accepted
http://www.startribune.com/world/292332731.html
Greece to make proposal to creditors, but unclear whether it would be accepted
http://www.δραχμή.gr/ is for sale, exclusive offer to current government expires Saturday 21 Feb 12:00 hrs CET (internetavenue@outlook.com)
18 feb 2015 18 hrs CET: no deal coming....
http://www.thehindubusinessline.com/opinion/the-greek-tragedy/article6909469.ece
http://www.thehindubusinessline.com/opinion/the-greek-tragedy/article6909469.ece
Tuesday, February 17, 2015
Monday, February 16, 2015
16 Feb 2015 - Immediate total clash in Brussels between Greece and EU - 'at the latest Sat 21 Feb it is all over'
16 Feb 2015 21 hrs CET
Quite unexpectedly, the EU top meeting between EU and Greece turned out in an immediate clash. No long meeting, into early hours, but immediate clash.
Jeroen Dijsselbloem, EU finance man, clearly has 'had it' and says 'Sat 21 Feb at the latest'
http://www.ft.com/intl/cms/s/0/18731044-b5cf-11e4-a577-00144feab7de.html#axzz3RvRdFu9t
It looks very much as Greek government is going to need the domain
Immediate total clash in Brussels between Greece and EU - 'at the latest Sat 21 Feb it is all over'
Quite unexpectedly, the EU top meeting between EU and Greece turned out in an immediate clash. No long meeting, into early hours, but immediate clash.
Jeroen Dijsselbloem, EU finance man, clearly has 'had it' and says 'Sat 21 Feb at the latest'
http://www.ft.com/intl/cms/s/0/18731044-b5cf-11e4-a577-00144feab7de.html#axzz3RvRdFu9t
It looks very much as Greek government is going to need the domain
http://www.δραχμή.gr/
16 Feb 2015 - Tonight, maybe in the early hours of Tuesday 17 Feb 2015, JC Juncker and Greeks may strike a deal
16 Feb 2015 - Tonight, maybe in the early hours of Tuesday 17 feb 2015, JC Juncker and Greece may strike a deal
http://www.business-standard.com/article/news-ians/eurogroup-seeks-to-close-greek-bailout-deal-115021601410_1.html
One has to wait until Schaueble gets tired and has to be driven to bed, all bored finance ministers play their favourite app and then Juncker and Tsiparis/Varoufakis can cross some austerities of this long list of austerity measures:
http://www.xn--jxafi7ax1b.gr/docs/Full-list-of-Greek-austerity-measures-bailout-conditions-until-Feb-2015.pdf
and agree on 10 items of this Greek wish list:
http://www.xn--jxafi7ax1b.gr/docs/FULL-LIST-of-Greek-wishes-accorded-by-Greek-Parliament-10-Feb-2015.pdf
and then call it a 'DEAL'
If Schaueble does not agree next morning at breakfast, it is his choice wether to leave the EU :)
http://euro-drachme-grexit.blogspot.nl/
http://www.δραχμή.gr/ is still for sale (contact internetavenue@outlook.com )
http://www.business-standard.com/article/news-ians/eurogroup-seeks-to-close-greek-bailout-deal-115021601410_1.html
One has to wait until Schaueble gets tired and has to be driven to bed, all bored finance ministers play their favourite app and then Juncker and Tsiparis/Varoufakis can cross some austerities of this long list of austerity measures:
http://www.xn--jxafi7ax1b.gr/docs/Full-list-of-Greek-austerity-measures-bailout-conditions-until-Feb-2015.pdf
and agree on 10 items of this Greek wish list:
http://www.xn--jxafi7ax1b.gr/docs/FULL-LIST-of-Greek-wishes-accorded-by-Greek-Parliament-10-Feb-2015.pdf
and then call it a 'DEAL'
If Schaueble does not agree next morning at breakfast, it is his choice wether to leave the EU :)
http://euro-drachme-grexit.blogspot.nl/
http://www.δραχμή.gr/ is still for sale (contact internetavenue@outlook.com )
https://www.facebook.com/pages/%CE%94%CF%81%CE%B1%CF%87%CE%BC%CE%AE/490228497775509?fref=ts
https://www.facebook.com/politiekcommentaar
Saturday, February 14, 2015
15 Feb 2015 Grexit is manageable for Europe and Greece
http://greece.greekreporter.com/2015/02/14/spiegel-europe-considers-a-grexit-manageable/
http://www.economist.com/blogs/graphicdetail/2015/02/daily-chart-6
//
Tsiparis on Sunday afternoon: does not want to step down from 'no austerity' standpoint:
http://uk.reuters.com/article/2015/02/15/uk-eurozone-greece-idUKKBN0LJ0SL20150215
You are also invited to give
facebookpage https://www.facebook.com/pages/%CE%94%CF%81%CE%B1%CF%87%CE%BC%CE%AE/490228497775509?notif_t=page_invite_accepted
a LIKE! Thank you
I (Philippe) consider a Grexit manageable too, for 3 M USD or so, you can have
Contact Philippe Blankert, internetavenue@outlook.com
//
The economist with analysis on Grexit:
//
Tsiparis on Sunday afternoon: does not want to step down from 'no austerity' standpoint:
http://uk.reuters.com/article/2015/02/15/uk-eurozone-greece-idUKKBN0LJ0SL20150215
You are also invited to give
facebookpage https://www.facebook.com/pages/%CE%94%CF%81%CE%B1%CF%87%CE%BC%CE%AE/490228497775509?notif_t=page_invite_accepted
a LIKE! Thank you
14 Feb 2015 - Compare FULL list of auterity measures to FULL list of Greek Parliament - can you invent any compromise?
Compare FULL list of auterity measures to FULL list of Greek Parliament - can you invent any compromise?
http://www.δραχμή.gr/docs/Full-list-of-Greek-austerity-measures-bailout-conditions-until-Feb-2015.pdf
full list of wishes
http://www.δραχμή.gr/docs/FULL-LIST-of-Greek-wishes-accorded-by-Greek-Parliament-10-Feb-2015.pdf
Can you invent any compromise?
14 Feb 2015
http://www.irishtimes.com/opinion/greece-faces-the-cold-stare-of-its-creditor-countries-1.2103288
//
http://www.δραχμή.gr/docs/Full-list-of-Greek-austerity-measures-bailout-conditions-until-Feb-2015.pdf
full list of wishes
http://www.δραχμή.gr/docs/FULL-LIST-of-Greek-wishes-accorded-by-Greek-Parliament-10-Feb-2015.pdf
Can you invent any compromise?
14 Feb 2015
http://www.irishtimes.com/opinion/greece-faces-the-cold-stare-of-its-creditor-countries-1.2103288
//
Greece is on a fast track out of the euro
Is a Grexit fair punishment for Europe's stubbornness
2:39PM GMT 14 Feb 2015
21 Comments
As the Greek debt stand-off trundles towards its latest denouement – when it comes to the permanent crisis of the eurozone, experience has taught me never to use the term “final denouement” – predictions are becoming easier to make.
One is that some sort of a deal will eventually be reached that kicks the problem a little bit further down the road, if not at tomorrow’s meeting of eurogroup finance ministers, then at some stage over the next six weeks or so.
For this to happen, the Greek government will first have to accept an extension of the current bail-out terms, something it has said it will not do.
Even so, some face-saving form of words can no doubt be cobbled together. If this doesn’t happen, then Greece will soon run out of MONEY and is on a fast track out of the euro.
The second prediction concerns the chances of a wider settlement that eases the burden of austerity and leads to a degree of debt forgiveness, in practice if not name.
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The injustice of the original Greek bail-out is not in doubt and therefore makes a strong moral case for cutting Greece some slack; all the same, even minor concessions put the eurozone on what Germany regards as very slippery slope.
It’s easy here to get lost in the fog of debt repayment timetables, primary surplus requirements and so on, but cutting through the detail it is fairly clear that Berlin has a bottom-line, non-negotiable position on which it will not budge.
This is that the eurozone is not about to become a permanent transfer union – not now, not ever. From the off, the eurozone has been a collection of nations that decided to SHAREmonetary policy, but not fiscal sovereignty. That was the deal, but now it’s being progressively eroded.
Those who argue most vociferously for “solidarity” in Europe, or debt mutualisation, also tend to be the most militant in defending national sovereignty, not least Greece’s Syriza, which claims a democratic mandate for withdrawing from the troika programme while at the same time continuing with the single CURRENCY. Oddly, it sees no contradiction in these two positions.
Donning your best Bavarian lederhosen, the Greek position seems absurd.
Germans thought they were signing up to a rules-based monetary union. Yet the Greeks demand a quantum leap into fiscal union, while continuing to run their own fiscal affairs as if in the midst of a permanent state of plate-smashing abandon.
Germans are meanwhile urged to do their bit for demand by launching a big fiscal stimulus, even though the German economy seems to be doing perfectly well without one. Why would a sovereign nation wish to do this? Germans are told to fix the problem, to which they reasonably reply, why don’t you first fix your own affairs?
I can see no realistic prospect of Berlin significantly changing its position, even though break-up of the eurozone will be extraordinarily costly to German taxpayers and savers. For Germany, it’s two impossible choices. Europe’s leaders have led their electorates into the most ghastly mess, and still they can’t admit it.
If they don’t end up guillotined for their stubbornness, metaphorically at least, I for one will be very surprised.
TIME FOR A GUINNESS ENQUIRY?
“A Bazaar Life” is the autobiography of David Alliance, once head of one of the biggest textile empires in the world. Co-written with Ivan Fallon, a former City Editor of this very newspaper, it recalls a rich and extraordinary life, from the bazaars of Tehran to the streets of Manchester, and from the bewildering series of deals that made Lord Alliance into Britain’s undisputed “King Cotton” to the key role he played in airlifting the Jewish community out of Ethiopia.
It’s a remarkable story of determination and derring-do, filled with gripping insights and anecdotes, and is an inspiration to all who come to these shores seeking opportunity, fortune and a place they can call home. It also contains a number of astonishing claims on a particularly unedifying episode of City history which has long been a source of fascination to me – the Guinness affair.
The best-known stock MARKET scandal in Britain was the Guinness affair of the 1980s. Gerald Ronson (above left), Ernest Saunders (right), Jack Lyons and Anthony Parnes were all convicted of false accounting and theft
During the course of the bitter takeover battle for Distillers in the mid-1980s, Lord Alliance was approached by a STOCKBROKER. The mystery individual is not named in the book but like other stockbrokers accused over the share-support operation, promised full indemnification for any losses that might be suffered.
As a believer in the old adage that, if something looks too good to be true, it almost certainly is – “there had to be a catch”, as he puts it – Lord Alliance wisely declined the STOCKBROKER’s offer. Unfortunately for them, others didn’t, and some of them paid the price by serving jail sentences.
For all of them, it was a humbling and profoundly distressing experience. Their continued bitterness at being caught with their trousers down, as it were, while others appeared to get off scot free, is understandable. Yet I can’t really agree with Lord Alliance that the Guinness prosecutions were a kind of anti-Semitic stitch-up in which the true culprits in the City establishment went largely unpunished.
In a foreword to the book, Peter Mandelson, a family friend of Lord Alliance, claims that “a senior member of Margaret Thatcher’s Cabinet is said to have warned a Tory businessman to stay clear of Guinness because 'we’re going to go for the Jews’ ”.
As a still relatively young reporter, I looked into similar claims at the time, and could find very little evidence for them beyond the obvious fact that all four of the defendants in the first Guinness trial (there were three separate trials) were indeed Jewish, or of Jewish origin.
The common denominator was not, however, being Jewish, but a particular stockbroker, Tony Parnes. The Guinness defendants, I’ve always believed, were sent down more for being “men in suits” than for their ethnicity. As for Guinness-like share-support operations being relatively common practice in the City at the time, there is admittedly some evidence for this, though much of it involving some of the same cast of characters.
Yet with Guinness it was done on an unprecedented scale, and therefore marked a kind of climax in this particular genre of City malpractice. In any case, the public were justifiably shocked, and demanded retribution.
For the record, Michael Howard, the minister of state who ordered the original DTI investigation into Guinness and himself a practising Jew, tells me that Lord Mandelson’s claims are “paranoid nonsense”.
Nevertheless, it is obviously disturbing that so many of Britain’s leading Jewish wealth creators still believe them to be substantially true.
There may therefore be some merit in Lord Alliance’s calls for a government investigation. Just about everything else from decades ago seems to be under investigation, so why not Guinness, and the still lingering suspicion of scapegoating by the Establishment. We may at least learn the name both of Lord Alliance’s mystery BROKER, and of Lord Mandelson’s Tory Cabinet minister.
Friday, February 13, 2015
13 Feb 2015: Grexit will depend whether Merkel will, in cooperative and friendly way, overrule Iron Schaueble
http://blogs.channel4.com/paul-mason-blog/exclusive-german-veto-scuppers-eugreece-deal/3283
//
For sale! Domain name drachma.gr in Greek script:
http://www.xn--jxafi7ax1b.gr/
Mail internetavenue@outlook.com
You can buy it for 1 M USD from me, offer valid until end of Feb 15, 2016, and the resell it to Greece, either because Greece grexits, or because Greece finally shows some interest in its cultural past and buys it.
ODDS of GEXIT now 5 to 4 by END OF 2018
http://www.cityam.com/209014/grexit-gripes-odds-greek-exit-euro-are-now-54
Juncker 13 feb 2015: low expectations of deal....
http://greece.greekreporter.com/2015/02/13/juncker-greece-eurogroup-far-away-from-deal/
//
For sale! Domain name drachma.gr in Greek script:
http://www.xn--jxafi7ax1b.gr/
Mail internetavenue@outlook.com
You can buy it for 1 M USD from me, offer valid until end of Feb 15, 2016, and the resell it to Greece, either because Greece grexits, or because Greece finally shows some interest in its cultural past and buys it.
ODDS of GEXIT now 5 to 4 by END OF 2018
http://www.cityam.com/209014/grexit-gripes-odds-greek-exit-euro-are-now-54
Juncker 13 feb 2015: low expectations of deal....
http://greece.greekreporter.com/2015/02/13/juncker-greece-eurogroup-far-away-from-deal/
13 Feb 2015 - On this seemingly quite Friday and weekend 'the winning Greek compromise' is being worked out for Monday 16th EU top summit
13 Feb 2015 - On this seemingly quite Friday and weekend 'the winning Greek compromise' is being worked out behind very closed doors for Monday 16th EU top summit
http://abcnews.go.com/International/wireStory/greek-shares-surge-hopes-debt-deal-eurozone-28940410
For sale! Domain name drachma.gr in Greek script:
http://www.xn--jxafi7ax1b.gr/
Mail internetavenue@outlook.com
You can buy it for 1 M USD from me, offer valid until end of Feb 15, 2016, and the resell it to Greece, either because Greece grexits, or because Greece finally shows some interest in its cultural past and buys it.
http://abcnews.go.com/International/wireStory/greek-shares-surge-hopes-debt-deal-eurozone-28940410
For sale! Domain name drachma.gr in Greek script:
http://www.xn--jxafi7ax1b.gr/
Mail internetavenue@outlook.com
You can buy it for 1 M USD from me, offer valid until end of Feb 15, 2016, and the resell it to Greece, either because Greece grexits, or because Greece finally shows some interest in its cultural past and buys it.
Thursday, February 12, 2015
12 Feb 2015 - total stalemate in EU-Greece negotiations - conclusion will be communicated on Monday Feb 16
Eurozone finance ministers failed to reach an agreement with Greece over the country's debt problems despite seven hours of talks, but both sides played down the set back and prepared for a fresh MEETING next week.
next week.
Hopes for an agreement at the meeting in Brussels had been slim, but some analysts took the complete stalement between leftist, anti-austerity government Syriza and its international creditors as a sign that negotiations could be more protracted than thought.
Greek STOCK PRICES fell when it emerged that Greece's new Finance Minister Yanis Varoufakis had walked away from a draft deal to extend current credit terms after conferring with fellow Greek officials.
fell when it emerged that Greece's new Finance Minister Yanis Varoufakis had walked away from a draft deal to extend current credit terms after conferring with fellow Greek officials.
"Now we are proceeding to the next meeting on Monday. We hope that by the end of that one, there is going to be a conclusion in a manner that is optimal both for the perspective of Greece and our European PARTNERS," Varoufakis said.
," Varoufakis said.
Spelling out how Greek voters had rejected the "toxic" austerity dictated by international lenders that rescued Greece after the global FINANCIAL crisis, he said he hoped for a "healing deal" on Monday and stressed that, while much remained undone, "not finding a solution is not in our rationale".
http://www.standard.co.uk/business/business-news/talks-between-greece-and-the-eurozone-end-in-stalemate-but-greece-rules-out-grexit-10041095.html
crisis, he said he hoped for a "healing deal" on Monday and stressed that, while much remained undone, "not finding a solution is not in our rationale".http://www.standard.co.uk/business/business-news/talks-between-greece-and-the-eurozone-end-in-stalemate-but-greece-rules-out-grexit-10041095.html
For sale! Domain name drachma.gr in Greek script:
http://www.xn--jxafi7ax1b.gr/
Above domain = drachma.gr in Greek script is for sale - mail internetavenue@outlook.com
http://www.xn--jxafi7ax1b.gr/
Above domain = drachma.gr in Greek script is for sale - mail internetavenue@outlook.com
Wednesday, February 11, 2015
11 Feb 2015: Unique picture tells it all?
Not often a picture can tell a lot, but this time probably yes:
Since quite some days, Christine Lagarde (the woman with white hair, IMF chairman) wears a fancy leather jacket - probably to be in the same style as Varoufakis.
Varoufakis for the first time wears something established: a Burberry shawl.
Besides the synchronicity in clothing, buth laugh whole heartedly. This is no fake.
Watch on the left, how Dutchie Jeroen Dijsselbloem uncomfortably watches the scene, gives off a grim and is 'jealous' of the good chemistry between Lagarde and Varoufakis.
All Greece needs short term is a few billions to bridge 28 Feb september....this pic is telling IMF will provide a solution.
Varoufakis for the first time wears something established: a Burberry shawl.
Besides the synchronicity in clothing, buth laugh whole heartedly. This is no fake.
Watch on the left, how Dutchie Jeroen Dijsselbloem uncomfortably watches the scene, gives off a grim and is 'jealous' of the good chemistry between Lagarde and Varoufakis.
All Greece needs short term is a few billions to bridge 28 Feb september....this pic is telling IMF will provide a solution.
12 Feb 2015 - In the name of Europe, Schaueble (Germany) shuts all doors for Greece - 'Yes to old bailout or: Grexit!'
http://business.financialpost.com/2015/02/11/greece-faces-day-of-reckoning-as-germany-says-accept-bailout-or-its-over/
'BAIL-OUT' or 'GET-OUT' seems to be the message
Philippe Blankert 11 feb 2015
Unique! The full list of wishes accorded by Greek parliament yesterday is for your eyes only listed on:
http://www.xn--jxafi7ax1b.gr/
Above domain = drachma.gr in Greek script is for sale - mail internetavenue@outlook.com
Buy now for 1 M USD in order to resell to Greek government for 5 M USD!
//
Excellent overview by BBC:
http://www.bbc.com/news/world-europe-31378068
The FULL list of Greek wishes backed up by Greek Parliament on Feb 11, 2015:
http://www.xn--jxafi7ax1b.gr/
'BAIL-OUT' or 'GET-OUT' seems to be the message
Philippe Blankert 11 feb 2015
Unique! The full list of wishes accorded by Greek parliament yesterday is for your eyes only listed on:
http://www.xn--jxafi7ax1b.gr/
Above domain = drachma.gr in Greek script is for sale - mail internetavenue@outlook.com
Buy now for 1 M USD in order to resell to Greek government for 5 M USD!
//
Excellent overview by BBC:
http://www.bbc.com/news/world-europe-31378068
The FULL list of Greek wishes backed up by Greek Parliament on Feb 11, 2015:
http://www.xn--jxafi7ax1b.gr/
11 Feb 2015 - Full list of Greek wishes, accorded by Greek Parliament yesterday
Unique! The full list of wishes accorded by Greek parliament yesterday is for your eyes only listed on:
http://www.xn--jxafi7ax1b.gr/
This means a full clash with EU top and Troika....
http://www.xn--jxafi7ax1b.gr/
This means a full clash with EU top and Troika....
11 Feb 2015 - Greece Minister Varoufakis is heading for clash on today's euro fin meeting
http://www.stltoday.com/news/world/greece-heads-for-clash-with-creditors-at-emergency-meeting/article_dbac108d-f8aa-55c8-9ba5-1a43910adc32.html
(I am political blogger Philippe Blankert and domain name owner of http://www.xn--jxafi7ax1b.gr/ = drachma.gr in Greek. For sale, email internetavenue@outlook.com )
(I am political blogger Philippe Blankert and domain name owner of http://www.xn--jxafi7ax1b.gr/ = drachma.gr in Greek. For sale, email internetavenue@outlook.com )
OECD meeting
The Brussels talks will see Greece plead its case to the Eurozone’s 18 other members, most of whom are loath to give Athens leeway on its mountain of debt, which most analysts believe will never be repaid.
Varoufakis will ask his counterparts to forget the current €240 billion (Dh997.5 billion, $270 billion) bailout, in favour of a new arrangement that would take the plight of ordinary Greeks into account.
The Greek proposal would see Athens stick to 70 per cent of its bailout commitments but overhaul the remaining 30 per cent. Greece also wants a debt swap that will focus on economic growth.
Crucially, the government wants a bridging loan until September to buy time to hammer out new reforms.
At the same time it insists on raising the minimum wage and ditching an unpopular property tax, abandoning key reforms demanded by lenders of previous Greek governments.
Tsipras announced plans on Wednesday to work on his programme of reforms with the OECD — the economic club of rich nations that has criticised the EU’s embrace of austerity.
The programme will be based “not on what was previously decided but on popular mandate,” he told a news conference after meeting Angel Gurria, head of the Organisation for Economic Cooperation and Development.
Greece was first bailed out in 2010 and Athens is still subject to inspections by its troika of creditors — the European Commission, International Monetary Fund and European Central Bank.
It’s over
On the eve of the talks, which will also include the head of the IMF, Christine Lagarde, and ECB chief Mario Draghi, Germany’s Schaeuble dismissed any proposal of ending the current programme.
“It’s over” if Greece doesn’t want to continue the aid programme on the current terms, Germany’s Schaeuble said.
The EU’s Economic Affairs Commissioner Pierre Moscovici said the existing bailout deal was “the anchor” on which discussions should be held.
Moscovici added that while the Greek people’s desire for change should not be “brushed aside” Athens should also be mindful of voters in other European countries suffering from rescue fatigue.
Greece on Wednesday raised €1.14 billion in three-month bonds, but rates were up and demand was down for the second time in a row for the new government.
Despite European leaders seeming to be at loggerheads, analysts said investors were still confident a deal will be reached.
“The markets don’t see a Greek exit as highly likely and certainly don’t think there’s a really negative outcome looming,” Mark Lister, head of private wealth research at Craigs Investment Partners Ltd, told Bloomberg News.
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