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Tags: Greece  Crisis  Bailout  Elections  euro  Alexis Tsipras  Francois Hollande  François Hollande (Politician)  George Papandreou 

George Papandreou discusses drachma damage, Syriza leader Alexis Tsipras says caretaker government could freeze austerity, and new French President Francois Hollande says Greece should be given stronger support for sticking to its bailout commitments -- All on Athens News Channel Scanner, 23 May 2012

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Greece may have only a 46-hour window of opportunity should it need to plot a route out of the euro. That's how much time the country's leaders would probably have to enact any departure from the single currency while global markets are largely closed, from the end of trading in New York on a Friday to Monday's market opening in Wellington, New Zealand, based on a synthesis of euro-exit scenarios from 21 economists, analysts and academics. ECB President Mario Draghi responded May 16 that the ECB's "strong preference" was for Greece to stay in the euro. Photographer: Angel Navarrete/Bloomberg Over the two days, leaders would have to calm civil unrest while managing a potential sovereign default, planning a new currency, recapitalizing the banks, stemming the outflow of capital and seeking a way to pay bills once the bailout lifeline is cut. The risk is that the task would overwhelm any new government in a country that has had to be rescued twice since 2010 because it couldn't manage...

Tags: EU  summit  growth  austerity  Greece  eurobonds  euro  crisis  zone  Barroso  Hollande  Merkel  Monti  Syriza  elections  Europe  Brussels  European  Commission  Union  Council  Athens  Berlin  paris  News 

EU leaders are gathering in Brussels on Wednesday to discuss how to kick-start growth in Europe while keeping deficits down. New French President Francois Hollande has increasingly been putting pressure on German Chancellor Angela Merkel to reconsider her negative views on Euro bonds, bonds jointly underwritten by all eurozone member states. Hollande warned on Saturday during a G8 Summit in Camp David that he is not alone in supporting the proposal. Italy's Monti, Spain's Rajoy and the EC are expected to back the idea. As the biggest economy in Europe, mutualizing common European debt would mean Germany having to finance sovereign debt from other countries. Merkel has already said she does not rule out euro bonds as a long-term prospect, but under one condition: a more integrated political and fiscal European Union. Cube Spin Greece and the unofficial talk of a Greek euro exit are also set to be discussed. After the elections earlier this month, the Greek political parties failed to...

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22 MAY 12 / 15:03:25 Giant Statue of Philip of Macedon Erected in Skopje A giant 29-metre tall bronze statue of the ancient warrior king, Philip of Macedon, was erected on Tuesday in the heart of the Macedonian capital Skopje amidst a cheering crowd of spectators. Sinisa Jakov Marusic BIRN Skopje The statue is located in the middle of what will be a lavish complex of four fountains, currently under construction, and faces a similarly sized statue of Alexander the Great on the other side of Skopje's landmark Stone Bridge. Philip is depicted in a standing position, unlike his son, Alexander, who is on a horse. The new statue is formally entitled "Warrior with accompanying elements", a rather vague description apparently designed to avoid further upsetting opinion in neighbouring Greece, which claims Philip and Alexander as Greek heroes. The statue of Alexander is formally entitled "an equestrian warrior". The statues, albeit with inoffensive titles, are unlikely to help Macedonia's...

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May 22 (Bloomberg) -- Former Greek Deputy Finance Minister Petros Doukas talks about the country's euro membership, liabilities and political deadlock. He speaks from Athens with Maryam Nemazee on Bloomberg Television's "The Pulse." (Source: Bloomberg)

Tags: Athens  Austerity Measures  Bailout  Bank Run  Default  Economic Crisis  EU  Euro Zone  Euro Zone Crisis  Euros  Financial Crisis  Global Economic Contagion  Global Economy  Greece  IMF  Italy  Riots  Suicides 

Greece's former finance minister has told Sky News that if Greece reneges on its bailout deal with the EU and the IMF it will "open the door to hell". Sky News last interviewed George Papaconstantinou two-and-a-half years ago. In December 2009 he told how Greece could survive independently and Greece's creditors had nothing to fear - they would get back every euro they were owed. A lot has changed since then. Greece is in the process of borrowing 240bn euros of emergency loans from the EU and the IMF (in return for pledges to raise taxes, cut spending and balance the books) and investors holding Greek debt have been forced write off up to 50% of their money. Even now Greece remains heavily in debt, deep in recession (now in its fifth year) and without a functioning elected government. Mr Papaconstantinou lost his position as finance minister last summer, shortly after the second bailout package was agreed. In the general election, two weeks ago, he also lost his seat as an MP. He...

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by ... MAINUL ISLAM NASIM www.bdeshtv.com

Tags: Government cover-ups  government conspiracy  government corruption  Alex Jones nightly news report  reporters news politics  government  cover ups  conspiracy  corruption 

On this May 17, 2012 Broadcast of The Infowars Nightly News, Darrin McBreen speaks with Curt Linderman about the status of GMO labeling legislation in the United States. Darrin covers: Connecticut Governor: Biotech Lackey. California Assembly bill focuses on skipped vaccines. Judge Blocks Portion of NDAA. Burning Banks: Greece On The Brink Of Collapse As Bank Runs Hit Athens. Water Authority cuts fluoride from city water. Top Ten Arguments Against Water Fluoridation. World Net Daily writer says Fluoride is good for you. LA County health enforcers conduct door-to-door raw milk confiscation operations. Spy Drone Almost Causes Mid Air Collision With Jet Over Denver. Training Missile Drops from Helicopter, Homes Evacuated.

Tags: Σκόπια  ΠΓΔΜ  FYROM  Ελλάδα  Skopia  Skopiano  Makedoniko  Makedonia  Macedonia  Greece  Greek  Macedon  Alexander  the  Great  Athen  (ancient  Kingdom)  Kosovo  Serbia  Albania  Bulgaria  NATO  EU 

Behind closed doors at the presidential villa in Athens Greek political leadership, but plans for the new government was cutting position and appearance of the NATO summit. Leaders of the Greek political scene came to the conclusion that FYROMacedonia will get a veto if its membership be raised as an issue. The web site of President Papoulias placed transcripts of full talks between leaders of political parties, which clearly show that Greece is not only thinking but also devises a plan to the smallest detail. The problem with FYROMacedonia mention almost every meeting, but serious debate was opened yesterday's meeting. Panayiotis Kamenos, written by a first sought return of the problem with Skopje and the NATO. The debate began with controversies whether the membership of FYROMacedonia will be part of the agenda of the summit. - Regarding the question as you know the agenda of NATO is not asked for access to Skopje said Venizelos, but not forgetting to remind you on the sidelines...

Tags: Greece (Country)  Bank (Building Function)  Athens (Country)  Alex  Jones  Youtube  Iphone  World 

DOWNLOAD THE NEW INFOWARS NEWS MOBILE APP HERE; www.appsgeyser.com WARS NEWS Alex Jones Infowars Nightly News: The Declaration of Independence: www.archives.gov THE UNITED STATES CONSTITUTION: www.archives.gov Bill of Rights : www.archives.gov Become a member of prisonplanet.tv: prisonplanet.tv Infowars.com: www.infowars.com Yes, The Re-Education Camp Manual Does Apply Domestically to US Citizens: www.infowars.com Leaked US Army Document Outlines Plan For Re-Education Camps In America: Political activists would be pacified to sympathize with the government: www.infowars.com FEMA CAMP Videos: www.youtube.com NDAA Videos: www.youtube.com Report: More Than 100000 Americans Are Domestic Terrorists: Concerns over martial law in America on a par with Islamic extremism: www.infowars.com 1984 World Bank Report Contemplates "Sterilization Vans" & "Camps" www.infowars.com Infowars Issues Emergency Terror Alert-Threat of a false flag event has never been greater www.infowars.com Total...

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www.rt.com Frankfurt police have detained 400 anti-capitalist protesters ahead of a key conference on monetary policy scheduled for the weekend. With thousands more heading into the city in the coming hours, new clashes are expected. Authorities say anti-capitalists were erecting barricades, vandalizing road signs and blocking traffic at various locations across the city. Frankfurt -- Germany's financial capital -- is home to the European Central Bank (ECB). As the eurozone faces a deepening of the economic crisis following fears that Greece can no longer remain part of the currency bloc, policymakers from EU member states have arrived in the city for two days of intense talks. Meanwhile, up to 30000 protesters are expected to make their way into the Frankfurt over the weekend. Their chief demand is an end to austerity -- cuts in government spending, often made by sovereign governments in exchange for offers of loans from the EU -- which activists say is leading to "Europe-wide...

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Alex Jones Infowars Nightly News: The Declaration of Independence: www.archives.gov THE UNITED STATES CONSTITUTION: www.archives.gov Bill of Rights : www.archives.gov Become a member of prisonplanet.tv: prisonplanet.tv Infowars.com: www.infowars.com Yes, The Re-Education Camp Manual Does Apply Domestically to US Citizens: www.infowars.com Leaked US Army Document Outlines Plan For Re-Education Camps In America: Political activists would be pacified to sympathize with the government: www.infowars.com FEMA CAMP Videos: www.youtube.com NDAA Videos: www.youtube.com Report: More Than 100000 Americans Are Domestic Terrorists: Concerns over martial law in America on a par with Islamic extremism: www.infowars.com 1984 World Bank Report Contemplates "Sterilization Vans" & "Camps" www.infowars.com Infowars Issues Emergency Terror Alert-Threat of a false flag event has never been greater www.infowars.com Total Federalization of Police Under New Homeland Security Mission www.infowars.com 2011:...

Tags: May 17 

As the Greek debt crisis continues to be a heavy burden for the country's government, Greek citizens have also been pushed to a harder life through the austerity measures carried out by government. Various international charity organizations which used to be frequently seen at international refugee camps are now showing up in Greece to help the impoverished families. Perama, a city 20 kilometers from Athens' downtown, used to be a busy port city. After the crisis hit, nearly 60 percent of residents have lost their jobs. Unemployment has left locals with no money to afford food, energy, or health care. A charity house in Perama, which used to provide free medical service to illegal immigrants, has now started to receive unemployed residents who can not afford for their medical care. The unemployed, including pregnant women, are seeking free medicine and clothes in the charity house, and sometimes even food. "I don't have a job, all of our relatives are helping us. We can't afford to...

Tags: May  17  2012  Greece  Unemployed  Greeks  leading  hard  life 

As the Greek debt crisis continues to be a heavy burden for the country's government, Greek citizens have also been pushed to a harder life through the austerity measures carried out by government. Various international charity organizations which used to be frequently seen at international refugee camps are now showing up in Greece to help the impoverished families. Perama, a city 20 kilometers from Athens' downtown, used to be a busy port city. After the crisis hit, nearly 60 percent of residents have lost their jobs. Unemployment has left locals with no money to afford food, energy, or health care. A charity house in Perama, which used to provide free medical service to illegal immigrants, has now started to receive unemployed residents who can not afford for their medical care. The unemployed, including pregnant women, are seeking free medicine and clothes in the charity house, and sometimes even food. "I don't have a job, all of our relatives are helping us. We can't afford to...

Tags: euronews  Crisis  Greece  Eurozone in crisis  Economic crisis 

www.euronews.com If Greece has to leave the eurozone the cost will be massive. The European Central Bank and the single currency bloc's governments and banks would be hit with a bill of hundreds of billions of euros. It is estimated that the ECB, the International Monetary Fund and eurozone nations hold close to 200 billion euros worth of its debt. A Greek exit from the euro would mean Athens defaulting on those loans which is why the IMF is ready for the worst. IMF chief Christine Lagarde explained: "We at the IMF have to be technically prepared for anything, because it is our job. But I'm not suggesting that this is a desirable solution. I'm just saying this is within the range of multiple options, one that we have to technically look at, obviously." Economists say Athens' default following a Greek euro exit would wipe out the European Central Bank's capital reserves. ECB President Mario Draghi has just acknowledged for the first time that Greece could leave the currency union...

Tags: greece  greeks cash  greek debt  eurozone  drachma  greek currency  greece eu  world news 

Transcript by Newsy: www.youtube.com Image Source: Bloomberg) BY EMILY ALLEN Take the money and run. Fears about Greece using the Euro in the future have some investors doing just that. Good Morning America says you can already see its impact on world markets. "All three US indeces were lower and all the major overseas exchanges were also off overnight all because of the intensifying worries that Greece may default on its debt and pull out of the Euro currency." And now, there is fear of a bank run. In the past week, Greeks have pulled close to $1 billion from the nation's banks. It's possible Greece could switch back to its former currency. The Washington Post says Greeks are scared their savings would be replaced by the less-valued drachma. So they're withdrawing their euros and putting them in a safe spot like a German bank but... "It's a smart move by those individuals. The problem, though, is that if everyone in Greece does this, it could inadvertently get Greece kicked out of...

Tags: May 16 

Although the recent austerity measures are supposed to help Greece secure a future stability, they are not likely helping many local families feel any bit of certainty about their own future. Thirty-seven-year-old Antonis Voulgaris lost his job when the furniture store he worked at downsized after a decline in sales. Because of this, his monthly income fell from 1500 euros to 450 euros. He now lives on the pretty sum provided by the unemployment insurance. Voulgaris and his pregnant wife are now living in a 90-square-meter apartment in a suburb of the capital city of Athens. His wife, a teacher in a private school, tries to earn more by teaching French as a part-timer. "Before the crisis, my family earned about 3000 euros per month," Voulgaris said. "Now, my wife is still working at a private school, but her wage reduced like others, and current monthly incomes of my family is only about 1200 euros." Voulgaris's wife is expected to give birth in less than a month, which would mean a...

Tags: May  16  2012  Greece  Greeks  leading  hard  life  under  austerity  measures 

Although the recent austerity measures are supposed to help Greece secure a future stability, they are not likely helping many local families feel any bit of certainty about their own future. Thirty-seven-year-old Antonis Voulgaris lost his job when the furniture store he worked at downsized after a decline in sales. Because of this, his monthly income fell from 1500 euros to 450 euros. He now lives on the pretty sum provided by the unemployment insurance. Voulgaris and his pregnant wife are now living in a 90-square-meter apartment in a suburb of the capital city of Athens. His wife, a teacher in a private school, tries to earn more by teaching French as a part-timer. "Before the crisis, my family earned about 3000 euros per month," Voulgaris said. "Now, my wife is still working at a private school, but her wage reduced like others, and current monthly incomes of my family is only about 1200 euros." Voulgaris's wife is expected to give birth in less than a month, which would mean a...

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www.youtube.com A caretaker government will take charge in Athens ahead of the new vote on June the 17th. That's after nine days of talks proved inconclusive following the election on May 6th which produced no overall winner. And there are fears the uncertainty is leading Greeks to take their money out of the country, as Al Jazeera's Paul Brennan reports from Athens.

Tags: Greece  Economy  Eurozone  Athens  Credit Rating  Ελλάδα  οικονομία  οικονομική κρίση  Ευρωζώνη  Μίκης Θεοδωράκης 

SAVE GREECE FROM THE PLUTOCRATIC CONSPIRACY Συνωμοσία για κλοπή από την απάτη BY what Parameters, Criteria and Formulas do the Credit Rating Agencies determine the Actual Value of any country's economy and government bonds value? Whatever those may be, they are no longer valid in a World that is vastly more inter-connected and complex than it ever was, and any of the specific figures, numbers, data and facts can be easily manipulated (since they are subject to the risks of digital storage & retrieval via the Internet) to the effect that they result in excessive and dramatic results, with dire consequence to any economy that might be targeted for political reasons, for some sinister socio-economic and social engineering agenda! TO MANY it is evident that these agencies are either being influenced by clever manipulation of the data, or are themselves directly involved in a vast conspiracy to undermine and reverse years of hard, painstaking efforts at social...