Tag Archives: Greek

Greeks Panic As Drug Firms Slash Medicine Supplies By 90% On Bad Debts

Greece is facing a serious shortage of medicines amid claims that pharmaceutical multinationals have halted shipments to the country because of the economic crisis and, as The Guardian reports, concerns that the drugs will be exported by middlemen because prices are higher … Continue reading

Posted in Editorial, Health Care | Tagged , , , , | 1 Comment

Anonymous Hacks Greek Finance Ministry, Finds “123456” Is Password For 37% Of All User Accounts

While we have yet to go through the thousands of files that hacker collective Anonymous has just released as a result of its hack of the Greek Finance Ministry, an exploit it described as follows: “We gained full access to … Continue reading

Posted in Editorial, Financial | Tagged , | Leave a comment

The state owes us everything, and if we don’t get it, we’ll riot in the streets!

It seems that Greece is exporting more than international debt as Greek students in Quebec are protesting tuition cost regulations. Since the government is subsidizing $60,000 to $75,000 over the course of their undergraduate studies, this is another example of how … Continue reading

Posted in Editorial, Education | Tagged , , , , , | Leave a comment

Greece Is Not the Point

Four of the top five articles on Zerohedge.com are currently outlining the Greek Crisis. Is this important to the rest of the world or to you personally? Yes and there is no qualifying “but” to be considered. The future of … Continue reading

Posted in Editorial, Financial, War | Tagged , , , , , | Leave a comment

The Situation in the Hellenic Republic Is Still Evolving

Once again, the ISDA has issued a decision that a Greek credit event has not occurred with the inclusion of retroactive “collective-action clauses (CAC) in its sovereign debt. Standard & Poor’s cut Greece’s credit rating to SD (Selective Default) over … Continue reading

Posted in Editorial, Financial | Tagged , , , , , , | Leave a comment

Athens Protesters – February 22, 2012

This was recorded on February 22, 2012 just before nightfall in Athens. This article from Zerohedge.com may give a better understanding why Greece is on fire: Scandal: Greece To Receive “Negative” Cash From “Second Bailout” As It Funds Insolvent European … Continue reading

Posted in Civil Unrest, Editorial | Tagged , , , , , , , | Leave a comment

Anonymous Hacks Greek Ministry Website, Demands IMF Withdrawal, Threatens It Will Wipe Away All Citizen Debts

As of midnight of February 22, 2012, the Greek Ministry of Justice’s website is down. The following information is from Zerohedge.com. If there is one war that Greece could not afford to join, that is with the global computer hacking … Continue reading

Posted in Editorial | Tagged , , , , | Leave a comment

US backs new IMF loan to Greece: Geithner

US Treasury Secretary Timothy Geithner on Sunday threw Washington’s support behind the new austerity measures agreed by Greece and said the US backed the idea of a new IMF loan for Athens. “We welcome the program of economic reforms agreed … Continue reading

Posted in Editorial | Tagged , , , , , | Leave a comment

Will The European Union Now Listen to the Truth?

The deputy prime minister of Greece has admitted that the new taxes needed to rescue Greece from bankruptcy within two weeks are not feasible. The European Central Bank will not give Greece any additional loans without implementing a fiscally responsible … Continue reading

Posted in Editorial, Financial | Tagged , , , , , | Leave a comment