Greek Poverty vs German Wealth
20/10/2015
Individual wealth in Greece and Ireland fell with record rates in the Eurozone during the crisis. During the same period, the per capita wealth in Germany and Holland saw some…
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Delay in reforms implementation might postpone the first evaluation of the Greek program
19/10/2015
The omnibus bill, which includes austerity measures agreed upon with Greece’s creditors was voted on Friday΄s plenary session with a 154/300 majority. But only 30 percent of prior actions required…
Eurostat: One out of Three Greeks Live in Poverty and/or Social Exclusion
16/10/2015
According to a Eurostat Newsrelease The risk of poverty or social exclusion affected 1 in 4 persons in the EU in 2014. In numbers this means that 122 million persons…
M.Draghi: Evaluation of the Bailout Measures is not Connected to Bank Recapitalization
16/10/2015
Information leaked to the German media claims that M.Draghi wishes to disconnect the recapitalization of the Greek banks from the evaluation of Greece΄s progress in passing and implementing the measures…
Tsipras: The EU Walks Like a Turtle but in the Right Direction
16/10/2015
"The European Union moves at the pace of a turtle" said A.Tsipras while leaving the Euro Summit in Brussels, adding:"its decisions are towards the right direction".
"Insider" Grudges for the Government
15/10/2015
Syriza MPs appear highly critical of the new proposed legislation that the government is planning to pass. Although a "mutiny" is not to be expected, the MP΄s accused their government…
The decline of the global middle class
15/10/2015
The annual Credit Suisse΄s study on private wealth distribution indicates that there is a persistent and worrying decline in the proportion of wealth owned by the middle class in different…
Dombrovskis: The Eurogroup Will Decide on the Greek Debt
14/10/2015
In an interview he gave to Amna, the European Commissioner for the Euro and Social Dialogue stated that Greece will receive 800ml. Euros as a pre-funding for public works.
Children in Greece are the human cost of austerity
14/10/2015
During the 2014-2015 school year 53 per cent of the children that participated in the Nutrition program of the NGO Prolepsis experienced food insecurity and 21 per cent experienced hunger,…
Ernst & Young: A Grexit is Still Possible
12/10/2015
Ernst & Young voices strong doubts about the viability of the 86bn. eu program. The company states that it is not certain that the program will suffice and notes that…