Advertisements
Feeds:
Posts
Comments

Archive for the ‘Greek’ Category

Monday June 25, 2012             11:42pm IST

Greece’s new finance minister resigned on Monday due to ill health, throwing the government’s drive to soften the terms of an international bailout into confusion less than a week after it took office.

Vassilis Rapanos, 64, chairman of the National Bank of Greece, was rushed to hospital on Friday before he could be sworn in, complaining of abdominal pain, nausea and dizziness.

The mild-mannered banker, who was imprisoned by a military junta in the 1970s, has a history of ill-health.

The office of Prime Minister Antonis Samaras, who only took office last Wednesday following a June 17 election, said Rapanos’s resignation on health grounds had been accepted.

Rapanos said in his resignation letter: “Following discussions with my physicians, I have concluded that my health would not at the moment allow me to carry out my duties fully”.

Samaras has only just emerged from hospital himself after undergoing eye surgery to repair a damaged retina. Both he and Rapanos had already said they would not be able to attend the June 28-29 European summit.

It was a worryingly chaotic start for the new government, formed after the second election in a month and facing huge domestic opposition to a harsh international bailout and steadfast European opposition to any watering down of its terms.

Only hours before Rapanos’s resignation, a hospital bulletin said he would be discharged on Tuesday. He had undergone a gastroscopy and colonoscopy, an official at the Hygeia Hospital told Reuters on condition of anonymity. The tests “showed everything is completely normal”, it said.

According to a source from one of the three parties in the new coalition government, Rapanos had been under heavy pressure from his family to turn down a job in which he would have been charged with negotiating a softening of the bailout terms.

Earlier on Monday the three party leaders had announced a trans-Atlantic roadshow to try to persuade sceptical lenders to give them more time to repay the country’s massive debt.

 

TROIKA VISIT POSTPONED

The medical problems of Samaras and Rapanos had also forced a postponement of the first meeting between the new government and Greece’s “troika” of international lenders, originally slated for Monday. A new date has not been set.

Samaras’s government, an unlikely alliance of right and left that emerged from the June 17 election, has promised angry Greeks it will soften the punishing terms of a bailout saving them from bankruptcy in exchange for deep economic pain. But euro zone paymaster Germany has rejected major concessions.

Berlin signalled on Monday that Europe would wait for the troika’s report on Greece before taking any decisions on how to make adjustments to the bailout package to compensate for weeks of political paralysis and a deeper than expected recession.

Samaras, 61, emerged from hospital on Monday with a bandage over one eye. He was under orders not to fly or make the long road trip to Brussels, doctors said.

Speaking to Mega TV earlier, government spokesman Simos Kedikoglou said Rapanos told Samaras on Friday, after being offered the job, that he had a “chronic situation” that he had learned to live with and would be able to do the job.

Kedikoglou later said the government was not expected to name a replacement for Rapanos on Monday. A senior official from one of the coalition parties said a new finance minister was likely to be announced on Tuesday.

The government said Samaras and the leaders of his two coalition allies – the Socialist PASOK and smaller Democratic Left – would take their case for renegotiating the bailout conditions to Europe and the United States as soon as the prime minister was well enough.

 

GREEK TACTICS

At the two-day EU summit starting on Thursday, Greece will be represented by Foreign Minister Dimitris Avramopoulos and outgoing Finance Minister George Zanias in a delegation headed by President Karolos Papoulias.

Avramopoulos and Zanias met on Monday to discuss tactics, working from a government programme that calls for tax cuts, extra help for the poor and unemployed, a freeze on public sector lay-offs and two more years to bring Greece’s deficit under control.

Much of this programme, announced by the coalition over the weekend, would unravel basic elements of a bailout agreement reached with lenders as recently as March.

“We have facts and data to show the medicine is not working,” a government official, who declined to be named, said after the Avramopoulos-Zanias meeting. “The recession is very deep and unemployment (at almost 23 percent) is very high.”

He warned of “long and tough” negotiations. “Our primary aim will be to reinvigorate the economy and provide relief to the sectors of society that are hurting the most.”

The coalition of Samaras’s conservative New Democracy, PASOK and the small Democratic Left party faces an emboldened opposition committed to tearing up the terms of the bailout if it ever gets into power.

Critics and much of the population argue that the terms are only driving Greece ever deeper into recession and fraying the edges of society. But Germany is unsympathetic, frustrated by the slow pace of reform in Greece.

from:  http://in.reuters.com/article/2012/06/25/greece-idINL6E8HPAKK20120625

————————————————————————————–

using the number/letter grid:

 
1      2      3       4       5       6      7      8      9
A      B     C       D       E       F      G      H      I
J      K      L      M      N       O      P      Q      R
S      T      U      V      W      X      Y      Z

Where:

A = 1              J = 1              S = 1

B = 2              K = 2             T = 2

C = 3              L = 3             U = 3

D = 4              M = 4            V = 4

E = 5              N = 5            W = 5

F = 6              O = 6             X = 6

G = 7              P = 7             Y = 7

H = 8              Q = 8             Z = 8

I = 9               R = 9

 

 

Vassilis Rapanos

4                 1   1 

 

how he appears to the world (VA) and how he loses his heart’s desire (VS) both = 41 = Things get ugly.

Ace of Cups Tarot card

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

undefined

comprehensive summary and list of predictions for 2012:

http://predictionsyear2012.com/

—————————————————————–

—————————————————————–

——————————————————————

discover some of your own numerology for FREE at:

http://numerologybasics.com/

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

learn numerology from numerologist to the world, Ed Peterson:

https://www.createspace.com/3411561

undefined

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

undefined

Sex Numerology available at:

https://www.createspace.com/3802937

Advertisements

Read Full Post »

June 17, 2012                1:39 AM ET

The conservative party that backs keeping Greece in the eurozone won the country’s national election Sunday and immediately proposed forming a pro-euro coalition government.

The victory by the New Democracy party eased, at least briefly, deep fears that the vote would unleash an economic tsunami.

As central banks stood ready to intervene in case of financial turmoil, Greece held its second national election in six weeks after an inconclusive ballot on May 6. The vote was seen as crucial since it could determine whether Greece would leave the joint euro currency, a move that would have potentially catastrophic consequences for other ailing European nations, the United States and the entire global economy.

‘The Greek people today voted for Greece to remain on its European path and in the eurozone.’— New Democracy Leader Antonis Samaras

With 66 per cent of the vote counted, official results showed the conservative New Democracy winning 30.1 per cent of the vote and 130 of the 300 seats in parliament. The radical anti-bailout Syriza party had 26.5 per cent and 70 seats, while the pro-bailout Socialist PASOK party came in third with 12.6 per cent of the vote and 34 seats.

The parties have starkly different views about what to do about the $300 billion US in bailout loans that Greece has been given by international lenders, and the harsh austerity measures that previous Greek governments had to accept to get the funds.

“The Greek people today voted for Greece to remain on its European path and in the eurozone,” New Democracy Leader Antonis Samaras said. “[Voters chose] policies that will bring jobs, growth, justice and security.”

Syriza chief Alexis Tsipras, who had tapped into a vein of deep anger over the plunging living standards faced by many Greeks, had wanted to rip up Greece’s international bailout deals and roll back the new taxes, job cuts and pension cuts imposed in the last two years.

That plan will have to wait, since New Democracy, the party that came in first, gets the first stab at forming a new majority in parliament. If they fail, the next highest party gets to try.

Tsipras congratulated Samaras and conceded the election.

Unity government proposed

The head of Greece’s socialist PASOK party proposed that a unity government be formed of four top parties, including Syriza despite its anti-bailout views. PASOK’s Evangelos Venizelos, who spent months negotiating bailouts as Greece’s finance minister, suggested dumping the usual procedure of each party seeking coalition partners. He said a government must be formed quickly and suggested one between New Democracy, Syriza, PASOK and the small Democratic Left.

“There is not one day to lose. There is no room for party games. If we want Greece to really remain in the euro and get out of the crisis to the benefit of every Greek government, it must have a government tomorrow,” Venizelos said after results were announced.

Greece has been dependent on rescue loans since May 2010, after it was locked out of the international markets following years of profligate spending and falsifying financial data. The spending cuts made in return for the bailout loans have left the country mired in a fifth year of recession, with unemployment spiraling to above 22 per cent and tens of thousands of businesses shutting down.

The austerity measures have included deep spending cuts on everything from health care to education and infrastructure, as well as tax hikes and reductions of salaries and pensions.

Virtually unknown outside of Greece four months ago, Tsipras and his party shot to prominence in the May 6 vote, where he came a surprise second. But his pledges, which included cancelling planned privatizations, nationalizing banks and rolling back cuts to minimum wages and pensions, horrified European leaders as well as many Greeks.

Experts said his proposals would lead to Greece getting tossed out of the eurozone and immediate, severe economic hardship for locals for years.

Samara cast Sunday’s choice as one between the euro and returning to the country’s old currency, the drachma. He has vowed to renegotiate some of the bailout’s harsher terms but insists the top priority is for the country to remain in Europe’s joint currency.

“Today the Greek people speak. Tomorrow a new era for Greece begins,” Samaras said after voting in southern Greece.

The vote went smoothly except for one incident in which 10 men armed with sledgehammers and wooden bats attacked a polling station in central Athens, injuring two policemen and setting fire to the ballot box. The attack took place in the Athens neighbourhood of Exarhia, a traditional haven for anarchists.

Greek police were also investigating the discovery Sunday of two unexploded hand grenades outside private Skai television station on the outskirts of Athens.

from:  http://www.cbc.ca/news/world/story/2012/06/17/greece-election.html

—————————————————————————————————–

Antonis Samaras was born on May 23rd, 1951 according to http://en.wikipedia.org/wiki/Antonis_Samaras

May 23rd, 1951

May 23rd

5 + 23 +2+0+1+2 = 33 = his personal year (from May 23rd, 2012 to May 22nd, 2013) = Taking a stand.  Not backing down.

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

undefined

comprehensive summary and list of predictions for 2012:

http://predictionsyear2012.com/

—————————————————————–

—————————————————————–

——————————————————————

discover some of your own numerology for FREE at:

http://numerologybasics.com/

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

learn numerology from numerologist to the world, Ed Peterson:

https://www.createspace.com/3411561

undefined

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

undefined

Sex Numerology available at:

https://www.createspace.com/3802937

Read Full Post »

Friday June 15, 2012             12:46pm EDT

Greek leftist Alexis Tsipras, “enfant terrible” of Europe’s debt crisis, cut his political teeth as a student protest leader in the 1990s and is now championing a rebellion that could end up sinking the single currency.

His vow to tear up the terms of an international bailout deal keeping debt-ridden Greece afloat has put him and his SYRIZA party within a few votes of government in a knife-edge election on Sunday in which the stakes could not be higher.

The strategy amounts to a game of chicken.

Tsipras says Europe’s lenders will not pull the plug on Greece for fear of the ripple effect of a Greek exit from the euro, so they will be forced to scrap the bitterly unpopular austerity measures demanded of Athens and which have driven the country into a spiral of recession.

“The memorandum of bankruptcy will belong to the past on Monday,” Tsipras told thousands of flag-waving supporters on Thursday in the capital’s Omonoia square, once one of the ornaments of central Athens but now grimy and scarred by crime and poverty.

“Today you made Omonoia the most beautiful square in Athens and you sent a message of victory inside and outside the country: Brussels expect us, we are coming on Monday to negotiate over people’s rights, to cancel the bailout,” he said.

It is a high-risk strategy that detractors say smacks of political inexperience and a short, comfortable life spent mainly on Greece’s anti-establishment fringe.

Born into a middle-class family with a small building business, Tsipras has a post-graduate degree in engineering but worked only briefly in construction before turning to full-time politics.

He dabbled while at university as a member of the Communist party’s youth wing and as a student protest leader in the 1990s, before joining the SYRIZA coalition of 12 radical leftist groups, including environmentalists and human rights activists.

 

REFRESHING CHANGE OR UNTESTED IDEOLOGUE?

Tsipras lost an election for mayor of Athens in 2006, but the race lifted him into the party’s top ranks and in 2008, his mentor and then SYRIZA leader Alekos Alavanos virtually handed him the leadership at the age of 33.

Now 37, spurning suit ties and stuffy formality, Tsipras represents a refreshing change for many Greeks fed up with a close-knit political establishment that has run the country into the ground.

To Greece’s euro zone partners, he is an untested ideologue who lacks the acumen to run a country, let alone steer it through a crisis that threatens financial calamity.

“So what if he doesn’t have the experience?” said SYRIZA deputy Panagiotis Kouroublis. “If he can run a party, he can run a country. Greece has suffered from people who promised one thing and did another.”

Tsipras has promised to nationalise banks, stop privatisations and freeze the austerity measures that his establishment rivals – the conservative New Democracy and socialist PASOK – agreed to in February as the price of a 130 billion euro EU/IMF bailout package.

Greeks rebelled in the streets the night the measures were adopted, burning banks and shops. Then the country held an election on May 6, and New Democracy and PASOK were roundly punished.

SYRIZA polled 16.8 percent in a highly fragmented field, putting it second.

Opinion polls suggest it is neck-and-neck with New Democracy ahead of Sunday’s repeat vote, forced after bitterly divided political factions failed to form a government.

Tsipras is a father of one child and is expecting another with his partner Betty after the election. In trademark defiance of traditional Greek society, the two have not married.

from:  http://www.reuters.com/article/2012/06/15/greece-election-tsipras-idUSL5E8HF64A20120615

————————————————————————————

Alexis Tsipras was born on July 28th, 1974 according to http://en.wikipedia.org/wiki/Alexis_Tsipras

July 28th, 1974

7 + 28 +1+9+7+4 = 56 = his life lesson = Striking a delicate balance.

Two of Swords Tarot card

—————————————————————————————-

July 28th, 1974

July 28th

7 + 28 +2+0+1+1 = 39 = his personal year (from July 28th, 2011 to July 27th, 2012) = Keep your promises.  If it sounds too good to be true, it probably is.

Knight of Cups Tarot card

39 year + 5 (May) = 44 = his personal month (from May 28th, 2012 to June 27th, 2012) = Having his finger on the pulse of what’s happening.  It is what it is.

Four of Cups Tarot card

44 month + 17 (17th of the month on Sunday June 17th, 2012) = 61 = his personal day = Run off.  Running away with it.  Exiting the European Union.  Doing the unexpected.

Seven of Swords Tarot card

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

comprehensive summary and list of predictions for 2012:

http://predictionsyear2012.com/

—————————————————————–

—————————————————————–

——————————————————————

you can try to figure out some of your own numerology for FREE at:

http://numerologybasics.com/

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

learn numerology from numerologist to the world, Ed Peterson:

https://www.createspace.com/3411561

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

Sex Numerology is available at:

https://www.createspace.com/3802937

Read Full Post »

May 16, 2012        7:11 am

The head of Greece’s top administrative court, Panayiotis Pikrammenos, was named the nation’s caretaker prime minister Wednesday as voters prepare for another election on June 17 that is widely viewed as a referendum on whether Greece stays in or leaves the Eurozone.

Given narrow powers and stripped of any right to take binding international decisions, Pikrammenos is to be sworn in later Wednesday. He will then open Parliament on Thursday, only to dissolve it a day later so the country can gear up for the new election, senior government officials and the state NET television network said.

Pikrammenos’ appointment follows nine days of attempts by party leaders to form a coalition government after a May 6 election produced the most fragmented political landscape in decades. The election results have plunged the cash-strapped nation into turmoil and deep debate over whether heavy cutbacks made over the past two years in exchange for international loans should continue.

With political chaos adding to fiscal uncertainty, Greece’s European creditors have warned that any attempt by Athens to cut loose of its strict spending obligations would spell an end to the billions of dollars in bailout funds that have kept the nation afloat since 2010. Moreover, Greece would likely be forced to stop using the euro, despite the desire of an overwhelming majority of Greeks to hold on to the shared currency.

Even so, repeated opinion polls predict that voters will swing in even greater numbers to Syriza, the once-tiny hard-left party that surged to second place in this month’s election because of its promise to scrap austerity and Greece’s bailout agreements.

from:  http://latimesblogs.latimes.com/world_now/2012/05/greece-election-eurozone.html

——————————————————————–

Sunday June 17th, 2012

June 17th, 2012

6 + 17 +2+0+1+2 = 28 = Vulnerable.  Obstacles to overcome.

Two of Wands Tarot card

28 + 6 (June) = 34 = Generating a buzz.  Things happen really quickly.

Eight of Wands Tarot card

34 + 17 (17th of the month on Sunday June 17th, 2012) = 51 = Election.  Voting.  Government.

King of Swords Tarot card

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

undefined

comprehensive summary and list of predictions for 2012:

http://predictionsyear2012.com/

—————————————————————–

—————————————————————–

——————————————————————

discover some of your own numerology for FREE at:

http://numerologybasics.com/

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

learn numerology from numerologist to the world, Ed Peterson:

https://www.createspace.com/3411561

undefined

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

undefined

Sex Numerology available at:

https://www.createspace.com/3802937

Read Full Post »

May 16, 2012           11:30 AM CT

Federal Reserve Bank of St. Louis President James Bullard said fiscal policies are needed to reduce the 8.1 percent U.S. unemployment rate and additional asset purchases by the Fed, or quantitative easing, would risk a surge in inflation.

“It may be better to focus on labor market policies to directly address unemployment instead of taking further risks with monetary policy,” Bullard said in Louisville, Kentucky. “If anything, the committee may be trying to do too much with monetary policy, risking monetary instability for the U.S. and the global economy.”

The policy-making Federal Open Market Committee on April 25 reiterated its expectation that subdued inflation and economic slack will probably warrant “exceptionally low levels for the federal funds rate at least through late 2014.” Bullard has said he is opposed to such a pledge because policy should be made in response to economic data and not rely on a public timetable.

“The U.S. macroeconomic data have been stronger than expected as of last autumn,” Bullard said to business people and community leaders in a presentation hosted by the St. Louis Fed. “The main risk is that the committee will, as it has in the past, overcommit to the ultra-easy policy. The policy has been appropriate so far, but could reignite a 1970s-type experience globally if pursued too aggressively.”

Bullard also said near-zero interest rates could be creating “distortions” in the economy, including “punishing savers.”

Smallest Increase

Payrolls climbed by 115,000 workers in April, the smallest increase in six months, Labor Department figures showed. The jobless rate fell to a three-year low of 8.1 percent as people left the labor force, adding to worries that the economic expansion is cooling.

Fed officials have been discussing how much of the U.S. unemployment rate has been caused by “structural” factors such as a mismatch of worker skills and available jobs. Richmond Fed President Jeffrey Lacker said the mismatch may lead to a higher natural rate of unemployment. Fed Chairman Ben S. Bernanke said “continued weakness in aggregate demand is likely the predominant factor” in unemployment.

“Labor market policies such as unemployment insurance and worker retraining have direct effects on the unemployed,” Bullard said in his presentation.

If the U.S. economy encountered another shock, Bullard said “the committee can respond as appropriate to a significant deterioration” in the outlook.

Quarterly Report

Bullard also repeated his call for the Fed to produce a quarterly monetary policy report that would “provide a more fulsome discussion of the outlook for the U.S. economy.”

Lacker, as well as the presidents of Fed banks in San Francisco, Atlanta and Philadelphia, have said since the FOMC meeting that more Fed stimulus probably won’t be needed.

In a press conference following the April 24-25 meeting, Bernanke signaled that further easing is unlikely unless the economy unexpectedly deteriorates. Bernanke said it would be “reckless” to pursue policies that would drive up inflation when it’s already near the Fed’s target, while noting he’s “prepared to do more” should conditions worsen.

Bullard, who doesn’t vote on monetary policy this year, was the first Fed official in 2010 to call for a second round of asset purchases by the central bank. The Fed pushed down its targetinterest rate close to zero in December 2008 and has engaged in two rounds of asset purchases totaling $2.3 trillion to boost the economy.

Bullard, 51, joined the St. Louis Fed’s research department in 1990 and became president of the regional bank in 2008. His district includes Arkansas and parts of Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee.

from:  http://www.bloomberg.com/news/2012-05-16/fed-s-bullard-says-labor-policy-is-key-to-cut-joblessness.html

——————————————————————

Ben Bernanke was born on December 13th, 1953 according to http://en.wikipedia.org/wiki/Ben_Bernanke

December 13th, 1953

December 13th

12 + 13 +2+0+1+1 = 29 = his personal year (from December 13th, 2011 to December 12th, 2012) = Barack Obama.  Teamwork.  Cooperation.

Three of Wands Tarot card

29 year + 5 (May) = 34 = his personal month (from May 13th, 2012 to June 12th, 2012) = Crash.  Things happen really quickly.  Generating a buzz.

Eight of Wands Tarot card

34 month + 17 (17th of the month on Thursday May 17th, 2012) = 51 = his personal day = Government.  President.  Harsh reality.

King of Swords Tarot card

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

undefined

comprehensive summary and list of predictions for 2012:

http://predictionsyear2012.com/

—————————————————————–

—————————————————————–

——————————————————————

discover some of your own numerology for FREE at:

http://numerologybasics.com/

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

learn numerology from numerologist to the world, Ed Peterson:

https://www.createspace.com/3411561

undefined

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

undefined

Sex Numerology available at:

https://www.createspace.com/3802937

Read Full Post »

May 16, 2012

Greece appointed a senior judge Wednesday to head a caretaker government for a month as it lurches through a political crisis that threatens its membership in the euro.

The political uncertainty is worrying Greece’s international creditors as well as Greeks themselves, who have withdrawn hundreds of millions of euros from banks since the May 6 election.

Council of State head Panagiotis Pikrammenos, 67, was to be sworn in Wednesday night to head a government that will lack the mandate to make any binding commitments until new elections, which are expected June 17.

About €700 million ($898 million) in deposits have left Greek banks, President Karolos Papoulias told party leaders Monday after being briefed by central bank governor George Provopoulos.

“The situation in the banks is very difficult,” Papoulias said according to a transcript of the meeting’s minutes released Tuesday night. “Mr. Provopoulos told me that of course there is no panic, but there is great fear which could turn into panic.”

There were no queues at banks in Athens after the elections, but Greeks have been gradually withdrawing their savings over the past two years as the country’s financial crisis deepened, either sending the money abroad or keeping it in their homes.

“I would expect the population to quietly be doing what it has been doing in the last days. In other words, some of the Greek citizens are afraid and are taking a portion of the money, but I’m not expecting a bank run,” said Theodore Krintas, managing director of Attica Wealth Management.

The May 6 election saw a massive rise in popularity for parties that advocate pulling out of Greece’s commitments to its international bailout deal, under which it agreed to strict austerity measures in return for billions of euros in rescue loans. The spending cuts and tax hikes have left the country mired in the fifth year of a deep recession and sent unemployment soaring to above 21 percent, and many argue the country cannot hope for recovery if they stick to the deal.

“I want to believe that next time the people will express their opposition to the bailout agreement even more adamantly so that a strong government will be formed without the current parties,” civil servant Christina Papadopoulou said of the repeat ballot.

Negotiations to agree on a coalition government collapsed Tuesday, nine days after voters furious with the handling of the country’s financial crisis deserted the two formerly dominant parties in favor of smaller anti-bailout groups. The election left no party with enough votes for a majority in parliament.

“In a democracy, new elections are the natural consequence of the impossibility to form a government following an election. It will now be for the Greek people to take a fully informed decision on the alternatives, having in mind that this will be indeed an historic election,” said European Commission President Jose Manuel Barroso.

“We will of course respect the democratic decision of the Greek people,” he added. “At the same time the Greek citizens should be aware that there are 16 other democracies in the euro area. The democratic decisions taken in the euro area must also be taken into account.”

It is the bailout loans from other eurozone countries and the International Monetary Fund that have been keeping the country afloat, and losing them would lead to state coffers running out of money, including for pensions, healthcare and salaries. It is unclear how the mid-June election will affect the continued disbursement of the loan installments.

“It is our wish, and I think the wish of all Greece’s European partners, that a Greek government which is capable of acting emerge as soon as possible from these elections,” German Chancellor Angela Merkel’s spokesman, Steffen Seibert, said in Berlin. “I am not going to say anything here now about the payment of tranches which are due at the end of June — that doesn’t have to be decided on in mid-May.”

The instability has led Greece’s prospects of remaining in the euro top of the agenda.

“If the country’s budgetary commitments are not honored, there needs to be appropriate revisions, which means either supplementary financing and additional time, or mechanisms for an exit, which in this case must be orderly,” IMF head Christine Lagarde said in a Tuesday interview on France 24 television.

Greece leaving the euro “is something that would be extremely expensive and would pose great risks, but it is part of the options that we must technically consider.”

Greece now faces of month of inertia, with a government hamstrung by party leaders’ insistence that it can take no binding decisions.

“It will be a strictly caretaker government, which must not take any action at the EU or NATO that will be binding for the Greek people,” Communist Party head Aleka Papariga said. “If there is an emergency or unforeseen event, that can be addressed by the consultation among the parties with the involvement of the president.”

Alexis Tsipras, head of the Radical Left Coalition, or Syriza, which came a surprise second in the May 6 elections after campaigning on an anti-bailout platform, said he had requested “that the caretaker government should not implement measures that would involve further cuts in salaries, pensions and public spending, that would dismantle labor relations or allow privatizations. . I also asked for a freeze on every ongoing process regarding the sale of state property.”

Tsipras is the frontrunner for the next election. Recent opinion polls have shown him as likely to come first, though with nowhere near enough votes to form a government on his own — meaning more coalition negotiations will be needed.

The two mainstream parties, conservative New Democracy and socialist PASOK, have warned that anti-bailout policies will lead Greece out of the euro.

“Two courses lie ahead of the Greek people: Either to change everything in Greece — with changes which can be carried out in a Europe that is also changing — or to experience the terror of an exit from the euro, the terror of isolation outside Europe and the collapse of all we have built so far,” said New Democracy head Antonis Samaras.

A win by Tsipras would put him in a dominant position to make a coalition deal with other anti-bailout parties, even if he cannot form a government alone.

“This will make reaching an agreement between the next government and Greece’s international creditors extremely difficult, raising the risk of a Greek exit from the euro and sovereign debt default,” said Robert O’Daly, Senior Economist at the Economist Intelligence Unit. “The consequences of this would be dire for Greece and probably the rest of the euro area.”

from:  http://www.google.com/hostednews/ap/article/ALeqM5jeHTJ8qzkg8nACHcPsVfe0Qom7eA?docId=0a5019af015244368d6e55d09e03a14d

——————————————————————-

using the number/letter grid:

 
1      2      3       4       5       6      7      8      9
A      B     C       D       E       F      G      H      I
J      K      L      M      N       O      P      Q      R
S      T      U      V      W      X      Y      Z

Where:

A = 1              J = 1              S = 1

B = 2              K = 2             T = 2

C = 3              L = 3             U = 3

D = 4              M = 4            V = 4

E = 5              N = 5            W = 5

F = 6              O = 6             X = 6

G = 7              P = 7             Y = 7

H = 8              Q = 8             Z = 8

I = 9               R = 9

 

 

Panagiotis Pikrammenos

7                       4       1

 

the most important thing he can do = PM = 74 = Entitlements.  Handouts.  Object of charity.  Where’s mine?

Six of Pentacles Tarot card

how he obtains his heart’s desire = PS = 71 = Be professional.  Do a good job.

Three of PentaclesTarot card

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

undefined

comprehensive summary and list of predictions for 2012:

http://predictionsyear2012.com/

—————————————————————–

—————————————————————–

——————————————————————

discover some of your own numerology for FREE at:

http://numerologybasics.com/

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

learn numerology from numerologist to the world, Ed Peterson:

https://www.createspace.com/3411561

undefined

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

undefined

Sex Numerology available at:

https://www.createspace.com/3802937

Read Full Post »

20120507nazi

May 07, 2012           2:07PM

THE Greek neo-Nazi Golden Dawn party will enter parliament for the first time in nearly 40 years, exit polls showed as ballots closed in an early election that could derail the country’s reforms.

The party is calculated to win between six and eight percent of the vote on rising immigration and crime concerns, comfortably above the three-percent threshold required for to enter parliament.

The group reacted jubilantly and claimed the result would translate into more than 25 deputies in the 300-seat parliament, a stunning blow to mainstream parties.

“A new nationalist movement dawns,” Golden Dawn said on its website.

“Hundreds of thousands of Greeks have dynamically joined the national cause for a great, free Greece,” it said.

Once part of the country’s political fringe, the Hryssi Avgi (Golden Dawn) had already made headlines in 2010 by electing its leader to the Athens city council on a wave of anti-immigration tension in the capital’s poorer districts.

In the two years that followed, with Greece sinking deeper into recession and over a million people out of job, Golden Dawn’s strength grew further.

Now they appear to have multiplied their support tenfold.

With Greece the main entry-point for irregular migration to Europe, thousands of migrants unable to cross to other EU states due to legal constraints have created urban ghettos in Athens, Patras and other cities.

Hostility from local residents has spiked in recent months with the deterioration of an economic crisis that has brought recession and hundreds of thousands of job losses in Greece.

Migrants are also blamed for increased muggings, car thefts and break-ins.

from:  http://www.news.com.au/world/neo-nazis-elected-in-the-new-greek-parliament/story-e6frfkyi-1226348890768#ixzz1uA5wZbWv

————————————————————————————

Nikolaos Michaloliakos was born on July 28th, 1957 according to http://en.wikipedia.org/wiki/Nikolaos_Michaloliakos

July 28th, 1957

July 28th

7 + 28 +2+0+1+1 = 39 = his personal year (from July 28th, 2011 to July 27th, 2012) = Keep your promises.

Knight of Cups Tarot card

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

comprehensive summary and list of predictions for 2012:

http://predictionsyear2012.com/

—————————————————————–

—————————————————————–

——————————————————————

you can try to figure out some of your own numerology for FREE at:

http://numerologybasics.com/

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

learn numerology from numerologist to the world, Ed Peterson:

https://www.createspace.com/3411561

—————————————————————————————–

—————————————————————————————–

—————————————————————————————–

Sex Numerology is available at:

https://www.createspace.com/3802937

Read Full Post »

Older Posts »