Latest News from Greece
Greek island? Warren Buffet says “No, thanks!”
FACT I: Warren Buffet, aged 84, is one of the richest men in the world.
FACT II – Greece is cheap and about to sell off 50bn euros worth of asset
MYTH – He publicly denied that he snapped up a Greek island. He told Reuters that the story is a “total fabrication” and that he had not heard of agent Alessandro Proto who is making such claims.
Two facts don’t make a myth!
Konstantopoulou meets Tsipras after penning letter of complaint (pics + vids)
Speaker of the House Zoe Konstantopoulou, a high profile Radical Left Coalition (SYRIZA) cadre, appears to be on a direct collision course with Prime Minister Alexis Tsipras, who she is meeting at noon on Thursday.
Bulgarian Industrial Capital Association Head Sees Signs of Fragile Economic Recovery
Vasil Velev, Chair of the Bulgarian Industrial Capital Association (BICA), has rejected allegations of an upward trend in corporate bankruptcies, stressing that H1, 2015 data testifies to the opposite.
Bulgaria's Registry Agency announced on July 16 that the number of bankruptcies had gone up by 34% on the year in H1, 2015 to a total of 341 companies.
Greek Parliament Approves Second Set of Bailout Reforms
The Greek Parliament approved early on Thursday the second set of reforms, which Athens has to implement in order to start negotiations on a third bailout with its international creditors.
The parliament passed two more prior actions, which concern the adoption of a European bank resolution scheme and the change of the civil procedure code.
Dutch double standard: Tax hypocrisy costs Greece millions
By Debbie Papadakis (debbiedepapadakis@yahoo.com)
Greece passes second crucial bailout bill
Greece's parliament on July 23 passed legislation on a second batch of reforms needed to help unlock a huge international bailout for the country's stricken economy.
SYRIZA can relax for summer… despite cracks in the party line
The government managed to pass a bill containing the second package of prior actions demanded by Greece’s creditors at dawn on Thursday with 230 votes in favor and 63 against. This time, the ruling Radical Left Coalition (SYRIZA) MPs supported the measures with 126 votes – from 123 votes last week – with rejections dropping from 39 during the first round of measures to 36 dissenters.
'United Cyprus Federation' under discussion: Turkish Cypriot leader Ak?nc?
A ?United Cyprus Federation? has been on the agenda of resumed negotiations with the Greek side of the divided island, Turkish Cypriot President Mustafa Ak?nc? has said.
Tsipras admits: We were defeated, but opponents’ victory ‘Pyrrhic’
“We were defeated, by the victory by our opponents was Pyrrhic,” Greek PM Alexis Tsipras said from Parliament’s podium an hour after midnight on Thursday morning, in yet another late, late night debate in Greece’s parliament over bailout terms, conditions and agreements.
Protests, rallies against latest bailout in central Athens (Watch vids)
Some 10,000 people gathered in front of Greece’s Parliament on Wednesday afternoon to protest against a second package of measures linked to the third Greek bailout, agreed to by the government last week with European creditors.
Pavlopoulos declines request by Parliament president to brief EU leaders
Greek President Prokopis Pavlopoulos has declined a written request by Parliament President Zoe Konstantopoulou to brief his counterparts over the latter’s claim that proper constitutional and Parliamentary procedures were not followed in the case of the two bailout-linked draft bills on prior actions.
FM briefs parties on latest contacts in SE Europe
Greek FM Nikos Kotzias briefed political party representatives on Wednesday of recent visits of southeast European capitals, declaring afterwards that crisis-plagued Greece is “returning to the Balkans”.
The venue was a meeting of a national council on foreign policy, with Kotzias briefing participants on his talks and contacts in visits to no less than seven regional countries.
Bulgaria with Third-Lowest Govt Debt to GDP Ratio in EU in Q1, 2015
In the first quarter of 2015, Bulgaria had the third-lowest government debt to GDP ratio in the EU, at 29.6%, preceded by Estonia with 10.5% and Luxembourg with 21.6%, according to Eurostat data.
Greek Parliament president refers to … coup! Opposes bailout measures
The latest obstacle in the vote for a second package of prior actions via an emergency procedure emerged ominously on Wednesday in the form of non other than Parliament President Zoe Konstantopoulou, a high-profile SYRIZA cadre who appears on a direct collision course with the SYRIZA government and PM Alexis Tsipras.
S&P raises Greece rating by two notches on bailout talks with creditors
Standard & Poor's on July 21 upgraded Greece's sovereign credit rating by two notches and revised its outlook to stable from negative, citing eurozone countries initial agreement to start negotiations with the country on a third bailout.