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[civil] "Greece moves closer to eurozone exit after delaying €300m repayment to IMF "
says the man who was moaning about "bread and circuses" a couple of pages back.
Exactly. See how that turned out.
“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
As a sitting MP, the economist-turned-politician enjoys immunity from prosecution. But the prosecutor’s move paves the way for criminal charges to be brought against him if parliament determines there are grounds to establish a special congressional committee to probe the allegations.
Judicial sources said the charges could range from dereliction of duty to overseeing the formation of a criminal gang. The latter was the central accusation brought against Golden Dawn, whose leaders are on trial.
The five-member team tasked with organising the alternative currency – described by Varoufakis as a form of parallel liquidity –could also face accusations of participating in a criminal organisation. The working group was headed by the well-known US economist, James K Galbraith, who was seconded to help Varoufakis until the politician’s resignation earlier this month.
In five separate suits brought against him, Varoufakis has also been accused him of high treason, although legal experts said the charge would be very hard to prove. His handling of fraught negotiations with the European commission, European Central Bank and International Monetary Fund – the bodies keeping debt-stricken Greece afloat – has been blamed for the tough measures imposed on Athens in exchange for €86bn (£61bn) of emergency loans from international creditors.
For having a contingency plan in case of GRexit. Say hello to political repression in the EU .
Nobody cared about Golden Dawn, I wander whether anyone will blink for Yanis? (probably not)
Nevertheless, this line of development is certainly interesting.
Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"
“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
Greece is still part of EU, and this whole charade is about the "negotiations", from which you can see how much power does the domestic government have. (none)
It is fair to say, that this belongs to EU category. Will be interesting to see how EU opposition fares in Italy and Spain.
Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"
Greece is still part of EU, and this whole charade is about the "negotiations", from which you can see how much power does the domestic government have. (none)
It is fair to say, that this belongs to EU category. Will be interesting to see how EU opposition fares in Italy and Spain.
I think it is not fair to say. This looks more like Greek political infighting more than anything else. The Greek opposition thinks Syriza screwed up and now they want their pound of flesh. If they can make Varoufakis look bad enough, they hope it will give them a boost in the next elections.
“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
Syriza's massive screw up which caused bank runs and capital controls has hit Greek businesses hard and now tens of thousands of them are moving their business to banks in Bulgaria where the banking system is at least functional.
Greek depositors and businesses are relocating their money and their business headquarters to Bulgaria, according to German weekly magazine Der Spiegel. The magazine reported that 14,000 euros are leaving Greece for Bulgarian banks each week since capital controls were fist imposed in Greek banks on June 28. On July 20, the Commerce Union had claimed that 60,000 Greek businesses had […]
Puerto Rico said Friday it would not make a $58 million bond payment due Saturday.
How Long will it take for the first 'PR is the Greece of the USA' Editorials appear?
They have been around for a while. Theit biggest problem is the US minimum wage is too high for PR's economic reality. That is why some 80% of workers make minimum wage and unemployment is over 20%.
Puerto Rico said Friday it would not make a $58 million bond payment due Saturday.
How Long will it take for the first 'PR is the Greece of the USA' Editorials appear?
They have been around for a while. Theit biggest problem is the US minimum wage is too high for PR's economic reality. That is why some 80% of workers make minimum wage and unemployment is over 20%.
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