Archive for February, 2010

Marietta Giannakou Letter

Below are the documents related στο Πρόγραμμα Σπουδών για τη διδασκαλία της Τουρκικής γλώσας: Εφημερίς της Κυβερνήσεως της Ελληνικής Δημοκρατίας Αρ.Φύλλου 867  10 Ιουλίου, 2006 Reply  of Marietta Giannakou, Minister of Education, to Hellenic Electronic Center (HEC) HEC letter to President of The Hellenic Republic 11/27/06 Evangelos Προς: Κο Πρόεδρο της Δημοκρατίας Κάρολο Παπούλια Κο […]

Dora Bakogiannis Letter

Letter of Greek Foreign Minister Dora Bakogiannis’ letter of appreciation to Hellenic Electronic Center(HEC) Προεδρικό Μέγαρο Ιούλιος 2009 Βασ. Γεωργίου 2 100 28 Αθήνα Υπ’ όψιν τής Αυτού Εξοχότητος Καρόλου Παπούλια Εξοχότατε κύριε Πρόεδρε, Οι κάτωθι υπογράφοντες καθηγητές και ερευνητές πανεπιστημίων και ερευνητικών ιδρυμάτων της Ελλάδος, των Ηνωμένων Πολιτειών και άλλων χωρών, μέλη του «Ελληνικού […]


Greek Economy

Eurointelligence reports that Greece is “under massive pressure to step up austerity package.” Saturday’s reported that “A day after the European Union provided Greece with political support in its bid to rescue its public finances, George Papandreou yesterday accused Brussels of being «timid,» lacking coordination and of using Greece as a scapegoat to hide the 27-nation bloc’s own failings.” The scapegoat designation is repeated in the international press with rigor. For example, in an article on Sunday’s New York Times entitled “Wall Street Helped Greece to Mask Debt Fueling Europe’s Crisis the authors explicitly blame Goldman Sachs and JPMorgan Chase for the role they played in hiding Greece’s mounting sovereign debt. My response was, and still is, that “Goldman Sachs sold the Greeks a scheme of cooking the statistics, and the Greeks bought dearly. The whole thing simply means that the Greek politicians were interested more in being re-elected than that some uncertain time in the future will show that they cheated their own. I think it is time to place the blame where it belongs, straight to the PASOK political machinery.” [This was published under readers’ comments].

What are the implications of all these? gives a very good summary on the pressures on Greece under the title “ Υπο πολιορκια η Ελλαδα σε Eurogroup και Ecofin See
The report continuous that “ υπουργός Οικονομικών, Γιώργος Παπακωνσταντίνου, θα εκπροσωπήσει την Ελλάδα στις συνεδριάσεις των Συμβουλίων Eurogroup και Ecofin, σήμερα, Δευτέρα 15, και αύριο, Τρίτη 16 Φεβρουαρίου, αντίστοιχα. Αναμένονται πιέσεις για λήψη of measures that include the so-called thirteenth and fourteenth salaries. In other words: the Christmas and Easter bonuses. Such measures are likely to increase labor union protests.
Greece has plenty of talent in Diaspora as well as at home, but no system of changing the status quo. In response to the New York Times article quoted above one wrier wrote “ I was born in Greece and had to effectively flee the country together with my wife as we couldn’t stand the corruption that robbed us from our dignity.”