Tag Archives: Meimerakis

The Coming Elections In Greece

DRJOHN2Dr. John Psarouthakis, Executive Editor, www.BusinessThinker.com

Ever since the communists lost the civil war way back in the late 1940’s, a significant % of the Greek population has been pushing for a radical left government.

Well those people got their wish when in last January SYRIZA the radical left party with Alexis Tsipras at the lead won the election and Tsipras became Prime Minister. He formed a government and the last seven months he showed the world once again that those radical left demagogic ideologies belong in history’s files of negative and distractive experiments. As a consequence, Mr. Tsipras resigned last week and called for new elections, the third election in the last 8 months!!!!!

He has demonstrated that he is strictly a politician caring only for his political interests and not of the Greek people and the Country.

Even though he is young it seems that he is cut from the same cloth as those that have governed poorly for the last several decades!

Unfortunately he has turned out not to be different.

Greece is not functioning today as a State!!! Mr. Tsipras has abdicated his responsibilities and showed complete incompetence in negotiations with the Europeans for the national debt obligations. He has devoted his energies and abilities to his self-centered arrogant decision making!!!!

Only God can help Greece if Mr. Tsipras gets back to govern Greece.

Continue reading The Coming Elections In Greece

EU agrees in principle to provide €7bn bridge loan to Greece

From iefimerida.gr daily internet news site.

Eurozone finance ministers agreed in principle to extend a 7 billion-euro bridge loan to Greece

European finance ministers held a conference call on Thursday morning to agree on a 7 billion-euro plan to enable Greece to meet its immediate debt service needs and avoid defaulting on the ECB next Monday.

The plan is due to be announced tomorrow once technical details are sorted and national parliaments vote on the bailout deal, an official familiar with the decision said to Bloomberg.

Meanwhile another hurdle vaulted as the Finnish parliament approved the mandate for Greek bailout talks.

If all goes as expected, the ECB could begin to deploy more Emergency Liquidity Assistance (ELA) to Greek banks by the weekend.

????: EU agrees in principle to provide €7bn bridge loan to Greece | iefimerida.gr http://www.iefimerida.gr/news/217584/eu-agrees-principle-provide-eu7bn-bridge-loan-greece#ixzz3g3x8Hsi8