Friday 24th May 2019
x-pressed | an open journal

IMF

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

deesfrel
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

Are we really doing better?

esel
Are we really doing better?

Nietzsche, interpreting the familiar myth, reports that Zeus left hope in Pandora's box not out of pity, but of malice, because hope for nothing and mostly without a decision for action is not a gift but a curse. "Such hope," the philosopher says in the «Menschliches, Allzumenschliches» "is the worst kind, because it prolongs the [...]

May 28, 2013 Author: Giorgis Katrougalos*

Persona non grata: George Papandreou in Edinburgh

esel
Persona non grata: George Papandreou in Edinburgh

On the 11th of June, George Papandreou, the former Greek Prime Minister who led Greece into the arms of the IMF has been invited to the TEDGlobal 2013 conference in Edinburgh. According to TEDGlobal, he is supposedly going to “draw lessons from the Greek debt crisis”, however, he is the very same person that during [...]

May 16, 2013

Portugal – the citizens say no to the Troika

frpt-ptel
Portugal – the citizens say no to the Troika

Portuguese should take to the streets again massively this April 25th, anniversary of the “Carnation Revolution”. The target is the policies of austerity imposed by Brussels and Frankfurt. [...]

April 25, 2013 Author: Courrier International

Athens and the Crisis

el
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

Interview with Éric Toussaint

esel
Interview with Éric Toussaint

It is a simple task, there are very clear criteria. In the case of Greece more than half of the debt is with the Troika, 170 billion euros. It is totally illegitimate and should be declared invalid because it was imposed by agencies not representing the Greek citizens. Not even the memoranda have been treated [...]

April 3, 2013 Author: Luis Giménez San Miguel

Cyprus, Seriously

esel
Cyprus, Seriously

A correspondent, whom I respect, has (gently) challenged me to say plainly what I think Cyprus should do — leaving aside all questions about political realism. And he’s right: while I think it’s OK to spend most of my time on this blog working within the limits of the politically possible, and relying on a [...]

March 26, 2013 Author: Paul Krugman

Why we should be cautious about cheering on Cyprus’s no vote

elespt-pt
Why we should be cautious about cheering on Cyprus’s no vote

Watching the drama unfolding in Cyprus over the last few days has been anything if not surreal. The far left and the Eurosceptic right alike have rejoiced at the Cypriot parliament's "valiant no" to a deal that would have ensured the financing of the cash-strapped economy from the Eurozone and the IMF. [...]

March 20, 2013 Author: Nikos Chrysoloras

IMF: the industry of apologies

elesfrsq
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

Austerity’s children becoming Europe’s “lost generation”

esel
Austerity’s children becoming Europe’s “lost generation”

Children across Europe are being driven into poverty by harsh government austerity and youth unemployment is soaring, threatening to create "lost generations" that could fire up a new continental crisis. Global charity Caritas said on Thursday that around three out of every 10 children in Greece, Ireland, Portugal, Italy and Spain are in or have [...]

February 14, 2013 Author: Claire Davenport