Monday, September 3, 2012

U.S. Companies Brace for an Exit From the Euro by Greece


3-9-12
The New York Times
Even as Greece desperately tries to avoid defaulting on its debt, American companies are preparing for what was once unthinkable: that Greece could soon be forced to leave the euro zone.

Wednesday, August 29, 2012

German lawmakers say "Grexit" not just economic risk


By Matthias Sobolewski
BERLIN | Mon Aug 27, 2012 1:01pm EDT
(Reuters) - Germany's raucous internal debate on whether to keep Greece in the euro zone is too narrowly focused on financial factors and should also weigh up the wider geopolitical risks of a "Grexit", senior officials in Chancellor Angela Merkel's party say.

Europe drawn back to its first problem: Greece


(Reuters) - The euro zone debt crisis was born in Greece. Nearly three years and two bailouts on, Europe must decide whether to give the country yet more help or cut it loose.

Friday, August 24, 2012

France, Germany Unify Approach to Greek Talks


By WILLIAM BOSTON
The Wall Street Journal

BERLIN—The leaders of Germany and France on Thursday agreed to speak to Greece with one voice in meetings with Greek Prime Minister Antonis Samaras this week, a German government official said.

Wednesday, August 22, 2012

Greece to Seek Further EUR2 Billion in Budget Cuts - Source



By Nektaria Stamouli
The Wall Street Journal
ATHENS--Greece is seeking to slash government spending more drastically than previously announced to compensate for tax revenue that will probably be lost to austerity economics, a finance ministry official said Tuesday.

Thursday, July 19, 2012

Ο «σκληρός πυρήνας» της διαφθοράς


Καθημερινή 19-7-2012
Αποκαλυπτική η απολογία του Ν. Ζήγρα, ο οποίος έσπασε τη σιωπή του και κατονομάζει τους αποδέκτες των εκατ. του μαύρου χρήματος
Της Ιωαννας Μανδρου

The parable of the four-engined planes


Jul 18th 2012, 11:53 by I.C.
The Economist
AN OLD friend in the aviation business, with years of experience with Greek clients, told me a story that serves as a parable for how the country got into its current state.

Greek Disaster Averted Points To ERF’s Bridge For All Concerned


Bloomberg
While debt sharing in the euro area to stem the financial crisis has never been closer, German Chancellor Angela Merkel may keep it out of reach.

Greek Coalition Sets Austerity Plan


The Wall Street Journal
By STELIOS BOURAS and PHILIP PANGALOS

ATHENS—Greece's three coalition partners Wednesday agreed on a basic outline of a plan regarding €11.5 billion euros ($14.1 billion) of spending cuts to be implemented over the next two years but have pushed back final decisions on the belt-tightening measures, pending discussions with international creditors.

Thursday, July 12, 2012

Madrid Austerity Plan Boosted to $80 Billion

The Wall Street Journal

MADRID—Spanish Prime Minister Mariano Rajoy announced new austerity measures Wednesday that should help Madrid cut its budget deficit by €65 billion ($80 billion) through to 2015, and warned the euro-zone's fourth-largest economy may not grow at all next year.

Friday, July 6, 2012

Κάντο όπως στην... Κολομβία


01/07/2012
Του Τ. Τέλλογλου, από τον δικτυακό τόπο www.protagon.gr

«Δεν μπορούμε να τον λαδώσουμε, ας τον δείρουμε, δεν μπορούμε να τον δείρουμε ακόμα ας τον παρακολουθήσουμε και να δώσουμε χρήματα στο αφεντικό του».

Are state-led economies better?


By Ian Bremmer JULY 3, 2012

This piece originally appeared in Reuters Magazine.

As Europe’s leaders struggle to restore confidence in the single currency and America’s economy limps ahead at a painfully slow pace, China’s economy continues to power forward at its now characteristically strong clip.

Wealth and power


It's a family affair
Jun 30th 2012, 13:54 by The Economist | BEIJING

IN RECENT years China’s leaders have become increasingly concerned that the public’s awareness of the growing wealth gap could lead to social instability.

Thursday, June 28, 2012

As Summit Looms, Merkel Sees 'Controversial' Talks


The Wall Street Journal
BRUSSELS—European leaders embark on talks here Thursday over steps they hope will begin to lift doubts about the survival of the euro, amid skepticism in financial markets that they can achieve a breakthrough to stem the debt and banking crises.

Οριστική παύση σε γιατρό διευθύντρια κλινικής – Κρίθηκε υπαίτια για το θάνατο 7χρονου αγοριού


Από τον δικτυακό τόπο http://www.newsit.gr
(Σημ. του blog. Είναι ενδεικτική η απόφαση που πάρθηκε εσωτερικά, από το πειθαρχικό συμβούλιο το οποίο αποτελούνταν από άτομα από το άμεσο επαγγελματικό περιβάλλον της παιδιάτρου και διευθύντριας της παιδιατρικής κλινικής: Αθώα! Χορήγησε 10καπλάσια δόση σε επτάχρονο με αποτέλεσμα τον θάνατό του, αλλά σύμφωνα με του συναδέλφους της είναι επαρκέστατη στα καθήκοντά της και μπορεί να συνεχίσει να χορηγεί αγωγές και σε άλλα παιδιά. Τελικά (12 χρόνια μετά) παύθηκε οριστικά από τα καθήκοντά της με απόφαση του Συμβουλίου της Επικρατείας. Οι επαγγελματικές ομάδες προστατεύουν τα μέλη τους αδιαφορώντας για τους νόμους την κοινωνία και το Δημόσιο Συμφέρον. Αυτό το σάπιο κατεστημένο είναι και σήμερα στην εξουσία ανέγγιχτο πρακτικά.)

Tuesday, June 19, 2012

Samaras Seeks Greek Unity On Cuts After Career Stoking Divisions


By Jonathan Stearns and Maria Petrakis - Jun 19, 2012 12:01 AM GMT+0300
Bloomberg
said Syriza, which has ruled out taking part in a coalition with New Democracy, would be a “formidable” opposition force in parliament
The stress-testing of the next Greek coalition would be a very bad idea…

Monday, June 18, 2012

Greece Races As Cash Dwindles With Europe Seeking Austerity


By Jonathan Stearns - Jun 18, 2012 8:48 AM GMT+0300
Bloomberg
Greece’s two traditional political rivals are in a race to forge an unprecedented coalition as the state’s cash dwindles, bank deposits flee and Europe demands renewed austerity pledges before releasing more emergency aid.

Saturday, June 16, 2012

Troubled Greek Economy Is Being Left to Fend for Itself



ATHENS — No matter what happens in this weekend’s elections, Greece is rapidly becoming an isolated economy.
The New York Times 
Carrefour, the giant French supermarket and retail group, said on Friday that it was selling its entire stake in Greece at a loss to its local franchise partner, so it could concentrate “on markets where it sees growth,” a spokesman said.

Friday, June 15, 2012