Tag Archives: Politics of Greece

John Ward – Greek Debt History : How Oapandreou And The Troika Turned Down A Second Lifeboat -29 June 2012

New Greek Finance Minister: he devised a way to get Papandreou off the hook, he steered Greece into the Euro in 2001. The plot thickens.

Yannis Stournaris

How a top German consultancy fed the Greeks a lifeline…to no avail. Continue reading

John Ward – 3rd Greek Baillout : Slog Prediction Vindicated in MSM – 19 June 2012

‘Debt crisis: Greek government will be forced to seek third bail-out’ (Daily Telegraph, 19.6.12)

‘Forget the Greek election for a while, and focus instead on what will be a far more significant event: full Greek default, bailout or not, unless more bailout monies are poured in, and pretty damn quick. Both Berlin and Washington know for sure this is coming.’ (The Slog, 17.6.12)

Plummeting tax receipts, crashing export sales and falling tourism figures mean the Hellenic Republic is already miles behind the commitments it has already made to the Troika. Add this to the spiralling Spanish tornado, and Italy yields spiking above 6%….