Monthly Archives: November 2011

All hope is not lost for Greece!

The 3 links below may be of interest to all those who have a sincere interest in the future of Greece. What they have in common is that they focus on ways how Greece, in the words of the EU … Continue reading

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EU Task Force for Greece

Frankly, Greek politicians, media, academia and opinion leaders should be ashamed for more or less ignoring (and hiding from the public) that this Task Force has been at work for nearly 3 months. It has published its 1st Report recently. … Continue reading

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Is the IIF a Steering Committee?

One can only assume that the Institute of International Finance, Inc. has so far played the role of representing private creditors in the debt negotiations with Greece. Does that mean that the IIF is a so-called Steering Committee? The IIF … Continue reading

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Applause for dealing directly with creditors!

Hear, hear! Greece has allegedly begun direct negotiations with her creditors. Now that would be a giant leap forward in the process of arranging the rescheduling of Greece’s debt! They might even trigger the next step which would be asking … Continue reading

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Greeks, don’t leave the planning of your future up to 11-year old’s!

I returned to Greece, this time, in early September and now I have noticed something interesting about my postings to blogs, etc. Until then, my postings were about 9:1 (if not more) in critique of actions on the part of … Continue reading

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Warren Buffett’s simple wisdoms…

Warren Buffett once described the role of current account surpluses/deficits in his wonderfully simple way. Think of Germany when you read ‘Thriftville’ and think of Greece when you read ‘Squanderville”. Here it is. “Take a wildly fanciful trip with me … Continue reading

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Appeal to Greek brainpower!

This is an attempt to motivate Greek brainpower to apply their resources for the good of their country. Start with the following consultants’ slogan:   “The most expensive work performed in a company (country) is work which is performed flawlessly … Continue reading

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