Monthly Archives: August 2011

The Troika pushes on measures — once again!

There has been a noticeable change of position on the part of Greece regarding the foreign debt. Perhaps it comes as a result of the change in Finance Ministers; perhaps the change in Finance Ministers was the reaction to the … Continue reading

Posted in Uncategorized | Leave a comment

Letter to Prime Minister George Papandreou

/* Style Definitions */ table.MsoNormalTable {mso-style-name:”Normale Tabelle”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”,”serif”;} Dear Mr. Prime Minister, if you (and your government) do not drop a „positive bombshell“ soon, and … Continue reading

Posted in Uncategorized | Leave a comment

Und Gott-sei-Dank, dass es Mohamed El-Erian (und Pimco) gibt!

“Der größte private Bondinvestor Pimco rät der Euro-Gruppe zum Rauswurf großer Schuldensünder wie Griechenland. Hellas habe ‘zu viele Schulden und ist nicht wettbewerbsfähig genug’, sagte der Chef der Allianz-Tochter, Mohamed El-Erian, der Nachrichtenagentur Bloomberg. ‘Es ist schwer vorstellbar, dass Griechenland … Continue reading

Posted in Uncategorized | Leave a comment

George Soros’s many ideas…

Mr Soros has assumed the habit of EU elites of not being able to keep his mouth shut. He seems to be spending his twilight years thinking that everyone in the world is interested in his opinions. Well, there is … Continue reading

Posted in Uncategorized | Leave a comment

Ekathimerini – on German and European solidarity

Ekathimerini published this commentary on German and European solidarity in the present crisis. Below is a response. What an extraordinary piece of literature confirming a trait of the present-day Greek mentality, which is: point the finger at others; put yourself … Continue reading

Posted in Uncategorized | Leave a comment

"Nothing is as inevitable as a mistake whose time has come!"

EU-politicians are called upon to prove that the above Tussman’s Law (taken from Murphy’s Law) can be proven false for once! It seems inevitable that EU-politicians are about to decide either on the issuance of Eurobonds or on a gigantic … Continue reading

Posted in Uncategorized | Leave a comment

No way out of the Greek recession?

/* Style Definitions */ table.MsoNormalTable {mso-style-name:”Normale Tabelle”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0cm; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:”Times New Roman”; mso-bidi-theme-font:minor-bidi; mso-fareast-language:EN-US;} A deep recession in Greece? So what else … Continue reading

Posted in Uncategorized | Leave a comment