Tag Archives: Berlin

John Ward – Euroblown : Troika Cancels Athens Visit As Greece Heads For Second Election – 9 May 2012

Shrewd Tsipras builds bridges as Venizelos refuses Mandate, talks behind scenes to Troika.

In a first for Greek politics, Evangelo Venizelos (left) the leader of Greece’s PASOK Party refused to accept the President’s mandate before he’d been offered it. This breaks the record set by Antonis Samaras last Monday, in giving up on the task after 210 minutes. Continue reading

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John Ward – Revealed : How Berlin Has Been Planning A Euro-Exit Since 2009 – 21 March 2012

Plain banknote paper stockpiled, Bundesdruckerei renationalised

A Slog investigation during the last twenty-four hours suggests that not only is the EU’s system of banknote printing open to easy abuse, Germany ordered a large consignment of plain banknote paper from its main supplier in 2010 – and printed considerably fewer euros than normal…in a eurozone where printing of euros generally was on the increase. Continue reading

John Ward – March 23rd : It Just Keeps On and On Turning Up – 9 March 2012

One of many small details to have slipped out in the six hours since Greece was saved for posterity, or something, was this gem at 12.40 pm GMT today (Friday):

‘Evangelos Venizelos, the Greek finance minister (left), said Greece is still €7bn short of its targeted debt cut of €107bn. He confirmed all bonds issued under Greek law would be part of the deal because of the collective action clauses, while those holding bonds issued under foreign law would be given until March 23 to decide.’ (Daily Telegraph live blog) Continue reading