troika Archives - Page 2 of 4 - theDrahos

Greece’s Parliament Cannot Override the Referendum NO Vote. The Agreement with the Creditors is Illegal

By ickonic Posted on July 23, 2015 Posted in Aggregated No Comments Tagged with bailouts, greece, referendum, troika

‘On Sunday July 5, the Greek people voted in a historic referendum to refuse the Troika’s draft agreement. The Referendum was an outright ”ritual of democracy”. The Greek people were betrayed. On Monday morning, July 6, on the day following the referendum, Prime minister Tsipras put forth a 13 page draft proposal which included most […]

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The Firesale Begins: Tsipras Agrees To Sell Greek Assets

By ickonic Posted on July 22, 2015 Posted in Aggregated No Comments Tagged with eu, greece, troika

‘It’s never been more obvious that Greece has been sold out to the banks. Like many countries before, their nation has been scheduled to endure poverty and chaos, followed by a firesale of their assets. The latest evidence of their nation’s capture by the banks, is the selling of their numerous islands to wealthy buyers. […]

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What Assets Did Greece Just Hand Over To Europe: ‘Airports, Airplanes, Infrastructure And Most Certainly Banks’

By ickonic Posted on July 15, 2015 Posted in Aggregated No Comments Tagged with bailouts, eu, germany, greece, privatisation, troika

‘With the provocative and dramatic Greek “time out” language pulled from the final finmin and summit draft language, the two most humiliating aspects of the latest extend and pretend “deal” for the Greek people will be the return of the Troika’s (surely we can call it the Troika again as part of the Greek capitulation) […]

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What Assets Did Greece Just Hand Over To Europe: ‘Airports, Airplanes, Infrastructure And Most Certainly Banks’

By ickonic Posted on July 15, 2015 Posted in Aggregated No Comments Tagged with bailouts, eu, germany, greece, privatisation, troika

‘With the provocative and dramatic Greek “time out” language pulled from the final finmin and summit draft language, the two most humiliating aspects of the latest extend and pretend “deal” for the Greek people will be the return of the Troika’s (surely we can call it the Troika again as part of the Greek capitulation) […]

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Greek Government Approves Brutal Austerity Measures in Proposal to EU

By ickonic Posted on July 11, 2015 Posted in Aggregated No Comments Tagged with bailouts, greece, referendum, syriza, troika

‘Greece’s Syriza-led government agreed to a massive new €13 billion (US$14.34 billion) package of austerity measures yesterday evening, less than a week after Sunday’s landslide “no” vote in a referendum on European Union (EU) austerity. The proposal would be the deepest package of cuts since the EU austerity drive began in Greece in late 2009. […]

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Greek Government Approves Brutal Austerity Measures in Proposal to EU

By ickonic Posted on July 11, 2015 Posted in Aggregated No Comments Tagged with bailouts, greece, referendum, syriza, troika

‘Greece’s Syriza-led government agreed to a massive new €13 billion (US$14.34 billion) package of austerity measures yesterday evening, less than a week after Sunday’s landslide “no” vote in a referendum on European Union (EU) austerity. The proposal would be the deepest package of cuts since the EU austerity drive began in Greece in late 2009. […]

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Greece debt crisis: Athens accepts harsh austerity as bailout deal nears

By ickonic Posted on July 10, 2015 Posted in Aggregated No Comments Tagged with austerity, bailouts, ecb, eu, greece, imf, troika

‘The Greek government capitulated on Thursday to demands from its creditors for severe austerity measures in return for a modest debt write-off, raising hopes that a rescue deal could be signed at an emergency meeting of EU leaders on Sunday. Athens has put forward a 13-page document detailing reforms and public spending cuts worth €13bn […]

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Greece: The One Biggest Lie You Are Being Told By The Media

By ickonic Posted on July 8, 2015 Posted in Aggregated No Comments Tagged with activism, austerity, banks, central banks, goldman sachs, greece, imf, referendum, troika

‘Every single mainstream media has the following narrative for the economic crisis in Greece: the government spent too much money and went broke; the generous banks gave them money, but Greece still can’t pay the bills because it mismanaged the money that was given. It sounds quite reasonable, right? Except that it is a big […]

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What Happens Next After The Greek No Vote #OXI

By ickonic Posted on July 8, 2015 Posted in Aggregated No Comments Tagged with activism, bailouts, eu, greece, referendum, troika

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Greece, the IMF and Goldman Sachs

By ickonic Posted on July 7, 2015 Posted in Aggregated No Comments Tagged with debt, ecb, eu, greece, imf, troika

‘Greeks massively voted NO to austerity. Now what? No one can really tell what will come out of the upcoming negotiations with the Troika (International Monetary Fund, European Commission, European Central Bank). Meanwhile Austrians are signing a petition to leave the European Union and Greek’s Finance Minister, Yanis Varoufakis, has resigned. RT reports: “One of […]

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Defying Troika, Greece Chooses ‘Democracy Over Fear’ With ‘No’ Vote on Austerity

By ickonic Posted on July 6, 2015 Posted in Aggregated No Comments Tagged with activism, austerity, ecb, eu, greece, imf, referendum, troika

‘News outlets are officially reporting that the ‘No’ side has won a decisive victory in Greece, rejecting a bailout offer from foreign creditors that would have imposed further austerity and economic hardship. Reuters reports that government officials “immediately said they would try to restart talks with European partners,” perhaps as soon as Sunday night. ‘”The […]

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Polls open in crucial Greece referendum

By ickonic Posted on July 5, 2015 Posted in Aggregated No Comments Tagged with activism, bailout, greece, referendum, troika

‘Greeks begin going to the polls in a crucial referendum that could determine the future of their country and, potentially, that of the single-currency bloc eurozone. Almost 9.9 million Greeks are eligible to take part in the poll to decide whether or not the government in Athens should accept or reject the proposed bailout terms. […]

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Martin Armstrong: Troika Is Maneuvering To Rig The Greek Referendum

By ickonic Posted on July 4, 2015 Posted in Aggregated No Comments Tagged with greece, troika

‘In a TV interview, Mr. Varoufakis said very clearly, “This is a very dark moment for Europe. They have closed our banks for the sole purpose of blackmailing what? Getting a ‘Yes’ vote on a non-sustainable solution that would be bad for Europe.” I must admit, most politicians do not come even close to the […]

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Anger Aimed at Troika’s Ruthless Neoliberalism as Greece Exit Looms

By ickonic Posted on June 30, 2015 Posted in Aggregated No Comments Tagged with activism, banks, debt, ecb, euro exit, greece, imf, troika

‘President of the European Commission Jean-Claude Juncker delivered a speech in Brussels on Monday that observers say has dramatically escalated the tensions surrounding a referendum vote in Greece next Sunday—a vote that could ultimately result in the country’s exit from the Eurozone. With global financial markets responding to Sunday’s announcement that Greece’s banks and stock […]

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Anger Aimed at Troika’s Ruthless Neoliberalism as Greece Exit Looms

By ickonic Posted on June 30, 2015 Posted in Aggregated No Comments Tagged with activism, banks, debt, ecb, euro exit, greece, imf, troika

‘President of the European Commission Jean-Claude Juncker delivered a speech in Brussels on Monday that observers say has dramatically escalated the tensions surrounding a referendum vote in Greece next Sunday—a vote that could ultimately result in the country’s exit from the Eurozone. With global financial markets responding to Sunday’s announcement that Greece’s banks and stock […]

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