Tag Archives: Troika

Why Bank Bail in and Bail out Wont Work. Case study Iceland and Greece

By: Sam_Chee_Kong As  most of us can remember that Iceland was the first country that went down  during the last Global Financial Crisis in 2008. During that time Iceland had  done something remarkable and that is during the five years … Continue reading

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The leaked European Commission document into Ireland’s economy

From: The Journal.ie  OVER THE PAST three days, TheJournal.ie has brought you extensive coverage of a leaked European Commission report into Ireland’s economy. The draft report goes into detail about suggestions and criticisms for how Ireland is proceeding after the … Continue reading

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Troika Target Of Truculence As Greek Tax Evaders Terrified

By Tyler Durden The Troika technical team was chased from their Greek offices on Tuesday by an angry mob of Muni workers (who proclaimed that “they got our labor rights and conditions back to the Middle Ages”). As KeepTalkingGreece notes, … Continue reading

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‘Deal has been done to pay off bondholders and forgive residue of debt’

By The slog Another day, another bonkers conspiracy theory from The Slog. Greece has done a deal to put the lid on the Greek crisis? Pah! Formation of Greek/Israeli/Cyprus/US alliance? Fiddlesticks! Let’s take the deal first. There is a tradition in … Continue reading

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TROIKA READS RIOT ACT TO GREEK COALITION

I’ve been getting some irate emails from Greek Sloggers of late – especially those who earn a living suplying goods to the Athens Government. Their bitch is simple: while the new Coalition is very happy to suck up to the Troika, monies … Continue reading

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“The big countries in Europe get suitcases of money and the small countries in Europe get a ‘spar-commissar”

Welcome to the European Union where “The big countries in Europe get suitcases of money and the small countries in Europe get a ‘spar-commissar”.(To you and me that is the Troika dictatorship). Yes my friends we now officially have a … Continue reading

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Greece stops dead as Government introduces payments freeze, and importers demand cash up front

Facing the threat of a delay in the disbursement of bailout instalments from the Troika, Greece’s caretaker government has suspended rebates and payments to suppliers of the public sector. All loans by banks to any business, regardless of viability, have been … Continue reading

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Greek Prime Minister Lucas Papademos struck a tentative deal on austerity measures

Greek Prime Minister Lucas Papademosstruck a tentative deal with political parties on austerity measures demanded by international creditors as European leaders maintained pressure to complete terms for a 130 billion-euro ($171 billion) rescue package. Chiefs of the three parties supporting … Continue reading

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For God sake Ireland wake up you are been screwed!

By Namawinelake “It’s shite being Scottish! We’re the lowest of the low! The scum of the fucking Earth!  The most wretched, miserable, servile, pathetic trash… that was ever shat into civilization! Some people hate the English. I don’t! They’re just wankers! … Continue reading

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