Tag Archives | IMF

Greece and Troika Agreement in US Media

According to the U.S. media, there is satisfaction with the agreement dealt between The Greek Government and the Troika. The Joint Communiqué of the International Monetary Fund (IMF), the European Commission and the European Central Bank are promoted by the U.S Media as well as the announcement of Prime Minister Antonis Samaras, who said that [...]

Greek Journalist Blames Papandreou For Crisis

Greece’s crushing economic crisis was deliberately caused by former prime minister George Papandreou so he could impose harsh austerity measures, a Washington, D.C.-based Greek journalist has claimed, although he didn’t explain why. Michael Ignatiu, a correspondent with Greece’s MEGA TV channel, wrote in Epikaira that he believes Papandreou, who is now lecturing at Columbia University [...]

Tsipras Makes SYRIZA’s Case in U.S.

Greece’s major opposition party leader Alexis Tsipas, who heads the anti-austerity Coalition of the Radical Left (SYRIZA), has told an American audience in the first leg of a U.S. swing that they have nothing to fear if he comes to lead the government. SYRIZA is locked in a virtual tie with the New Democracy Conservatives [...]

Papandreou Tells Boston Students Greece Inspires

Former Greek Prime Minister George Papandreou, who is still a sitting Member of Parliament while he teaches a course at Harvard, detoured to the prestigious all-boys Roxbury Latin School in Boston to tell students his country will recover from its crushing economic crisis and that he still remains inspired by its heritage and teachings. Papandreou, [...]

Papandreou’s Harvard Post Draws Fire

Former Greek Prime Minister George Papandreou’s appointment as lecturer at Harvard University had many of his countrymen wondering if he was the right person to be talking about how to govern a country, given that he resigned after two years of protests, strikes and riots against the austerity measures he imposed on the orders of [...]

Obama Wants Greece in Eurozone – Until U.S. Election

Apparently anxious that a Greek default could harm his re-election chances, U.S. President Barack Obama is reportedly squeezing European leaders not to do anything that could force Greece out of the Eurozone before the American elections in November. The British newspaper The Independent wrote that British sources have said that the Obama Administration is fearful [...]

President Obama’s Ticking Greek Time Bomb Could Derail Campaign

Yet another American analyst is suggesting that Greece could be forced out of the Eurozone in the next few months and that it be a “ticking Greek time bomb” exploding President Barack Obama’s chances for re-election. In a column for the American Enterprise Institute (AEI), a neo-conservative think tank in Washington, D.C. that produced many [...]

If the U.S. Takes a Hit, Blame it on Greece

As Americans watch the unfolding Greek crisis, they may think it can’t touch them, but there are many aspects of the meltdown that could reach the U.S. shores. If Greece collapses and exits the Eurozone of the 17 countries using the euro as a currency, the effect could ripple across banks in Europe, the U.S. [...]

President Obama Worries About Greece’s Political and Financial Situation

According to a senior Obama administration official, the “unclear outcome” of the Greek elections on May 6 makes it even more “complicating” for the attempts of the country officials to put an end to the Greek debt crisis. Washington Post reports that the “Obama administration is closely monitoring the statements and actions of Greek political leaders [...]

IMF Mum On Possible Papandreou Resignation

IMF Mum On Possible Papandreou Resignation

The International Monetary Fund declined to comment on speculation that Greek Prime Minister George Papandreou may resign Thursday, insisting uncertainty in the country must be removed before the fund makes a decision on more financing for the struggling country. IMF spokesman David Hawley refused to weigh in on overnight political developments in Greece, including reports [...]