TO PONTIKI


Its unravelling

  • Prosecutors have six casefiles of scandals to be investigated in depth

  • Health care, large procurements, public works and sports programs all to be investigated in turn

  • More individuals face charges over bank loans and defense system procurement bribes

 

 

TO ETHNOS

Golden Dawn an armed group

Photographs discovered by special officers of the Greek Police on the hard drives of Golden Dawn MPs and other party members amount to new evidence in the continuing investigation into the activities of the party. Automatic weapons intended for members of the Military’s Special Forces, kalashnikovs and handguns were in the possession of the party's ‘vigilante units’ and were used by their members. The campsite on the banks of the river Neda had been converted into a training camp.

AVGI

PriceWaterhouseCoopers: Outstanding loans will reach €87 bln in 2014 up from €70 bln today

George Provopoulos (BoG): €70 bln worth of deposits were withdrawn from banks during Memorandum years


Greek society is reaching the point of combustion over Memorandum policies according to figures presented at yesterday’s conference by SEV (the Hellenic Federation of Enterprises).

George Provopoulos, the Governor of the Bank of Greece, declared that in the 4 years under the Memorandum 90 billion euros have been withdrawn from Greek banks and sent either overseas ( 55 billion according to SDOE, the Finance Ministry’s Financial and Economic Crime Unit), or used to pay all manner of property taxes etc. The result is that there is no chance of an increase in liquidity. For this reason Mr Provopoulos recommended that businesses seek funding from elsewhere other than banks!

At the same time, according to the auditing firm PWC, in 2014 the “loans in the red” will jump from 70 (32%) to 87 (40%) billion euros, a development which is a testament to the fact that households and businesses are entering bankruptcy. Given that unemployment will soon reach 30% we are standing before a humanitarian catastrophe. 

KATHIMERINI
 

He convinced his kidnapper to release him and turn himself in to police

The abduction of businessman Manolis Karamolegos came to a happy conclusion late on Tuesday night in the Athens suburb of Gerakas. Yesterday afternoon Mr Karamolegos appears to have convinced one the kidnappers who had been tasked with guarding him in a farmhouse in Keratea to give himself up to police after telling him that the Greek police had picked up the kidnappers’ tracks, even accompanying him to the local police station. A little while later another of the kidnappers was arrested after the taxi he was in was stopped by police following a pursuit. 

NAFTEMPORIKI

Schulz – Swoboda

Noose tightens around the troika

Pressure is increasing on the troika over its responsibilities for the situation in memorandum countries, with a number of commentators in the international press believing that its days are numbered as discussions swell in Brussels over its legality and European authorities look for a model to succeed it. The President of the European Parliament, Martin Schulz, as well as President of the Progressive Alliance of Socialists and Democrats, Hannes Swoboda, both took shots at the troika, assigning blame to Olli Rehn and the European Commission over the lack of transparency.