I keep on reading analyses over the write down of the Greek debt. As usual, most analysts are focusing on the surface, not the consequences of an incident. But even if we stay on this surface, we should still state the truth. Right? The total Greek debt is approximately 360 billion Euro. Out of ..
Read more28th of October, 1940. Early in the morning Greeks said “NO” to Benito Mussolini’s ambassador, refusing his proposal for his troops to enter Greece and continue their route to the Middle East. The Greek… amateur army won the battles that followed, forcing Hitler to delay his invasion of Russia and send his troops to ..
Read moreEarly this morning the European summit decided on a solution regarding the Greek debt crisis. I am sure that you are aware of this and what exactly it contains. If you want to read my questions on this agreement, you can check here. Lots of people are asking me if this is a good ..
Read moreHello to everyone. This Thursday is not a normal one, but “the day that the Greek debt crisis problem was solved”. At least this is what they tell us. The foreign press says that Greece should be happy for the solution, as the write down of Greek debt reached 50% (but in reality it ..
Read moreTomorrow the leaders of Europe are supposed to decide the future of Greece. Between you and me, their decision will be relevant to the future of Europe, Greece is just an excuse. Countries like Italy are waiting in the queue to become “a visible problem”, once they finish with Greece. I personally do not ..
Read moreThe period 2004 – 2008 brought a great deal of “collateral damages”. It was not just that the price increase beyond any logic, or the deterioration of mentality, with millions of people having the impression that they are the “kings of the world” or “clever businessmen” (without having earned one euro through normal work). ..
Read moreLast week I attended an important conference for European Grants in Romania. I heard Mr. Orban, the minister responsible for European matters, explaining his strategy and challenges, then several other officials, economic counselors, the president of the Cypriot Romania chamber of commerce, plus several top bankers and consultants. The experience was very interesting, as ..
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