TO VIMA (Sunday)Prime Minister promises tax reductions Antonis Samaras lays his cards on the table with To Vima
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AVGI (Sunday)A shocking prediction from the Levy Economics Institute The debt will reach 208% of GDP if austerity is not ended The annual report by the Levy Economics Institute on the Greek economy sees a ballooning of public debt which will reach up to 208% of GDP by 2015 if the same policies of harsh austerity are continued. In its strategic analysis brought to light by ‘Avgi’ it deems that it is not only the debt that is out of control but unemployment, as indeed its analysts had predicted last year. The report predicts that the government will only achieve its target over the deficit, while it is estimated that the reduction in the trade deficit is not due to an increase in the competitiveness of the Greek economy but a reduction in oil imports. The Levy analysts don’t only focus on doom and gloom predictions in the event that austerity is continued. They propose three alternative policies for Greece to get out of the vicious cycle: a.) a new Marshall plan, b.) a freezing of the debt and interest payments and c.) the creation of a parallel financial system. |
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KYRIAKATIKI ELEFTHEROTYPIA (Sunday)Contracts of Corruption The Proastiakos [suburban railway line], road tolls and the Athens ‘Megaron’ Concert Hall. The common denominator in these three important cases of corruption is the transfer of damages to the taxpayer. For the Proastiakos, a project for the 2004 Olympic Games that still has not been completed, the consortium Aktor-Terna-Siemens has collected 109 million euros and further damages worth 20 million euros from the state. A report by Hellenic Railways experts has been submitted to the Anti-Corruption Prosecutor. Toll roads: the generous contracts give everything to the contractors, burdening only citizens and the state. The Athens Concert Hall: its bail-out over its debts sheds light on crony loans from banks and the countless sponsorships from the financial and political elite. |
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KATHIMERINI (Sunday)Israelis were breaking the Iran embargo through Greece Spare parts for fighter jets shipped An Israeli company attempted to send military equipment – specifically spare parts for F-4 type fighter jets – to Iran via Greece. This unprecedented violation of the sanctions imposed on Tehran by the international community was revealed by a secret operation conducted by the US Homeland Security Investigations branch working together with the anti-narcotics and weapons branch of the Greek Financial and Economic Crime Unit (SDOE). According to evidence that has been revealed and is being published today by ‘K’, the operation was conducted in two phases: in December of 2012 and April of 2013, the ‘details’ of which are reminiscent of a Hollywood film. |
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ESPRESSO (Sunday)Greek tycoons are selling their yachts! The mega yachts of Goulandris, Alafouzos and Dragni are going under the hammer. |
Press Review February 17
Prime Minister Antonis Samaras promises tax reductions; a report by the Levy Institute of Economics says austerity is failing miserably at controlling the debt; three key cases of corruption alone have cost Greek taxpayers millions; an Israeli company is alleged to have broken Iran sanctions by shipping parts for military jets; and Greek tycoons are selling their mega-yachts.
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