Friday 26th April 2019
x-pressed | an open journal

bail-out

False dilemmas: a critical guide to the Greek debt crisis

eles
False dilemmas: a critical guide to the Greek debt crisis

Amongst all the cacophony, it is important to look back at the bailouts. All but approximately 11% of the bailout money has ended up in creditors' pockets. [...]

February 9, 2015 Author: Christina Laskaridis

The unbearable lightness of immigration policies in Europe

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The unbearable lightness of immigration policies in Europe

A ‘Golden’ residence permit is on offer to whoever is willing to bring money from outside and invest in the small, poor and crisis-affected Portugal; the same country of 10,000,000 people in which more than 5,000 are now officially homeless. And if you think this happens only in the far Southern West Europe, think again. [...]

April 7, 2014 Author: Vera Pinheiro

Greece: On auctions

elesit
Greece: On auctions

About 450,000 households have mortgages, mainly during the period after the country joined the Eurozone (2000), the total amounting to around €72 billion. This amount corresponds to 40% of the national GDP and is very small compared to other countries. (In Ireland mortgages reached 300% of the GDP). It is now estimated that the red [...]

February 5, 2014 Author: Dimitris Papoutsis

Greece: The unsolvable equation

eles
Greece: The unsolvable equation

The crisis in Greece and Europe, the four sociopolitical currents it generated and the ongoing conflict between them. [...]

December 31, 2013 Author: Kostas Gardounis

A silent plundering

esel
A silent plundering

The media keep us informed about much of what is happening in Greece, which is crucial considering that this country works as a laboratory of -more than worrying- rescue policies. We know that since the outset of the crisis, each worker in Greece, man or woman, has lost an average of 40% of their salary, [...]

July 22, 2013 Author: Gustavo Duch

Greek Bail-Out: 77% went into the Financial Sector

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Greek Bail-Out: 77% went into the Financial Sector

Since March 2010, the European Union (EU) and the International Monetary Fund (IMF) have applied 23 tranches comprising €206.9 billion to the so-called "Greek bail-out". They have however provided hardly any documentation on the exact use of those huge amounts of public funds. ATTAC Austria has therefore put up an investigation on the issue: At [...]

June 17, 2013 Author: ATTAC

Analysis: What taxpayer bailouts? Euro crisis saves Germany money

elesit
Analysis: What taxpayer bailouts? Euro crisis saves Germany money

What is more, governments in Germany, Finland, Austria, the Netherlands and France have saved billions of euros thanks to a sharp fall in how much they pay to raise money in financial markets since their borrowing costs have dropped steeply. [...]

May 2, 2013 Author: Jan Strupczewski

Athens and the Crisis

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Athens and the Crisis

Timeline that gives an overview of events related to the crisis in Greece on a local, national and global scale from 2008 until now. Updated on a quarterly basis. [...]

April 19, 2013 Author: Jaya Brekke

IMF: the industry of apologies

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IMF: the industry of apologies

Since people learned to apologise the sense of honour was lost, an old Greek saying goes. In the case of the IMF, along with the sense of honour, millions of lives and trillions of dollars were also lost. Yet, in our humble opinion, the IMF should follow an old advice of Mahatma Gandhi: "Never apologise [...]

March 1, 2013 Author: Aris Xatzistefanou

Greece: The timeline of a revolution, 2008-2012

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Greece: The timeline of a revolution, 2008-2012

It all begins in 2008. The crisis has broken out in Europe but it seemed at the time as if it wasn’t concerning Greece… On December 6th 2008 at Exarchia a policeman raises his gun and kills in cold blood the 15 year old Alexandros Grigoropoulos. The news spread through the city and within a [...]

November 27, 2012 Author: Anna Papoutsi