Greek government makes crisis-causing politician Big Oil fat cat

This video says about itself:

Counting the Cost: Greece‘s hidden riches

16 March 2013

Hundreds of billions of dollars worth of oil and gas are believed trapped under the seabed around Greece – enough to wipe out the country’s debt for good. But can they get to it? And who else is looking to get their hands on the energy bonanza? Some experts say the recent discoveries of oil and gas in the Aegean Sea could turn the entire region into the ‘New Gulf’. But where there is oil, there is usually some sort of conflict.

Translated from NOS TV in the Netherlands:

Top job for Greek “crisis minister”

Sunday March 2 2014, 18:07 (Update: 02-03-14, 18:15)

Greece has reacted with outrage to the appointment of former Finance Minister Papathanassiou as CEO of Hellenic Petroleum, the largest oil company in the country. Papathanassiou is held co-responsible for the major financial problems in the country in 2009.

Former Prime Minister Papandreou urged the government to rescind the appointment. Because the government is a shareholder of Hellenic Petroleum, the government had to okay the appointment of Papathanassiou. Last week, a majority voted for the appointment.


According to Papandreou, the appointment is unacceptable. He says that the decision is at odds with “the painful efforts of the Greek people to help the country out of crisis.”

While all that pain only makes the crisis worse, Mr Papandreou.

The former prime minister was also critical of his own party PASOK. Also that party agreed to the appointment of Papathanassiou.

HUNDREDS of armed riot police were employed last Friday morning in Athens in a series of tear-gas and truncheon attacks against protesting state teachers, school guards and sacked tax offices’ cleaners: here.

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11 thoughts on “Greek government makes crisis-causing politician Big Oil fat cat

  1. Greek teachers and school workers demonstrate against planned job losses

    Greek teachers, cleaning staff and school wardens clashed with riot police on Feb 28, when they demonstrated outside the Ministry of Administrative Reform in Athens. When demonstrators attempted to enter the building, police used tear gas to disperse them. Seventeen were arrested—16 teachers and one warden. Among those detained was Themis Kotsifakis, president of the teachers’ union OLME.

    The demonstration was called in opposition to the government’s “labour mobility” programme. Under the programme, the government planned to suspend the jobs of 25,000 public-sector workers by the end of 2013 and to fire 15,000 by the end of 2014 as part of its austerity plans.

    Greek port workers strike against privatisation

    Greek dockers held a 24-hour strike February 26 in opposition to proposals to sell off a share in the Piraeus Port Authority to private investors. Piraeus is Greece’s largest port.

    The strike coincided with a discussion held in parliament on the privatisation of the port. The privatisation of state assets is part of the austerity programme being forced on Greece by the European Union-led “troika”.


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