NEWS ARCHIVE - JUNE 2010
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June 29, 2010
New strikes block tourists at PiraeusJune 28, 2010
Greek default contracts hit high of 1,125 on June 25
Greece to issue T-Bills mid-July
Market test: could be a "good idea" or could "end in disaster"
"Kleftes"
Read more article by Joanna Kakissis on the shifting fortunes of Greece's old-lion political families.
June 27, 2010
Papandreou: Vote for the pension reform or I will call for a general election
Greek Government 2011 under Papandreou
IMF: Greek Austerity plan will succeed
June 25, 2010
Government: rumor of islands for sale not true
European bank bailout needs €2 Trillion Euros?
Capital to asset reporting 'deeply unreliable'
Talks of Greek default refuse to go away
Bomb kills one at minister of public order in Athens
June 23, 2010
Pension plans and holiday pay back under the knife
Athens trying to stabilize tourism drop to single digits
How to rescue Greece: return to 1897
June 22, 2010
Moody: Chance of Greek debt restructure "small"400 million euro write-down from Emporiki
New police effort to quell rising crime wave in Athens' historic central area
June 21, 2010
Unions to shut down Pireas on Wed June 23
Migrants leaving Greece, work 'dried up'
Kathimerini noting the departure of foreign labor from around Athens:
"Most of the migrants leaving Greece are Albanians, with smaller numbers from Bulgaria and the countries of the former Soviet bloc."
Provopoulos: Markets need convincing"
Natalie Weeks and Christos Ziotis at Bloomberg reports on European Central Bank finance minster Provopoulos stating the obvious
Euro to drop 9% value against dollar on a Greek default: Bloomberg
Yuan peg to dollar ending after two years
Greenspan sees "analogies to Greece" for USA
June 20, 2010
Chinese spending in Greece: bargains a plentyRussia to Greece: Go ahead and do a 'mini-default'
"Confusion" reigns over effect of Moody downgrade on Greek bonds
June 19, 2010
Trouble brewing as Papandreou begins push on pension reformJune 15, 2010
Ouch: Moody downgrades Greek debt to junk status
No Default in Greece, says European Central Bank
The generational divide: old and new Greece can't agree
June 14, 2010
Kathimerini evaluates the government effortKaramalis government warned about economy says IMF
June 13, 2010
Greek tourism taking a beating: New York TimesJune 10, 2010
Numbers continue to crumble on Greek economy: China may bring in $1 billion in investments
Will Greece slide into economic depression?
China may put $1 billion or more into Piraeus upgrades
New Greek National Tourism Advertisement: Kalimera
Greek soccer / football team in South Africa robbed
June 9, 2010
"...they will chase all of us away with stones" - Papandreou on the results if Greek politicians do not cooperate" First goals for debt reduction being met in AthensConfidence continues to turn negative with investors
Various updates:
Kathimerini: Inflation in Greece rises to 5.4% in May - - was rated at 1.8% in March of 2010, and .8% in May of 2009
Kathimerini continues pummeling union boss behavior in Greece, particularly the PNO Greek sailor union "Egotists dressed in union colors"
Papandreou tells the squabbling politicians of PASOK and New Democracy that “If we do not put the country in order, if we do not create a sense of justice, if there is no respect for the law, they will chase all of us away with stones, and rightly so,” he told Parliament. Article at the New York based Greek News
Tension between the Turk and Greek military continues: Turkish military jets have flown dangerously low over a Greek frigate in international waters in the eastern Aegean Sea
June 7, 2010
Greece moves toward major changes
"The great loneliness" of the predicament in Greece
Kathimerini takes another swipe at union behavior
June 6, 2010
Where's the Greek debt hiding?
Greek privatization "Fire Sale" shopping list
The "new breed" of unionist
Kathimerini continues to hammer at the leadership of Greek unions who seem blind to current economic realities:
"...many of these “professional” unionists have blatantly flouted the right of workers to choose whether or not they will participate in strikes over issues that may or may not have any direct impact on them. They have also insisted on taking an extreme position on outlandish demands that can only ensure more problems for businesses and, by extension, further cutbacks in staff."
Related: The drachma
June 5, 2010
Greek military spending to haltJune 4, 2010
Greek sailor union to press forward with blocking Piraeus tour ships
Young Greeks edging toward emigration
EU bailout plan under investigation
Strikes continue: Hungary looking like the "next Greece"
Roubini: Greece must restructure
June 3, 2010
Olympics in Athens the surge point toward Greek insolvency?June 2, 2010
More bad news
June 1, 2010
Learning the lessons about sovereign debtARCHIVE PAGE - MAY 19 TO MAY 31 2010
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ARCHIVE PAGE - DEC 2009 - MARCH 2010
Greece's Golden Visa program
