The bleak Greek crisis: Europe’s hardship sic Europe’s hope
Good morning, Europe! Will you be saving the debt-mired Greece today? We’re going to find out at the EU summit, which takes place in Brussels between 25 and 26 March. The Greek crisis has divided the European political and media landscape because it most prominently plays on the future of the sixteen-member eurozone. It also represents a fine threat for the young Greeks who are currently feeding the debate, and are a symbol in themselves of a Europe of PIIGS (Portugal, Ireland, Italy, Greece, Spain). The consensus is clear: somewhere, sometime soon, mentality has to change before the Greeks can make a stab at a new start
Greece crisis: how your average Greek yacht-owner is clamping down
Greece’s 'creative accounting' has wreaked havoc. Whilst the EU examines ways in which to help the Greek economy during the European summit of 25 - 26 March, are the Greeks ready to overturn their state of mind in order to exit the crisis?
economy, andreas papandreou, politics, economical crisis, athens
Bailing Greece out: the update
The dispute over financial aid for Greece will play a key role at the EU summit which starts on 25 March in Brussels. The French, Austrian and Swedish press see the very future of the eurozone at stake and call for greater flexibility and sustainable growth for the EU
PIIGS unwelcome in the EU parlour: war of words rocks Eurozone
Despite Silvio Berlusconi’s dreams, the next member of the Eurozone is unlikely to be Israel; even Croatia or Turkey have taken a back seat. The current pan-EU squabble is over who should have been admitted to the eurozone in the first place
languages, economic growth, economy, monetary union, tower of babel, unemployment, piigs, opinion, economical crisis
Monetary union and media stress: young Greeks and Germans debate
This month, Greece was announced to be suffering a eurozone deficit of 12% - the maximum is 3%. The German media has called them the 'deceivers of the euro-family'. The Greeks respond that they are hypocrites, holding them accountable for debts from 1945. Who wants whose diplomatic blood? We hear immediate reactions from the two sides
Europe apprehensive about Athens
Ahead of the 11 February summit meeting on Greece in Brussels, several EU members are apparently willing to provide aid to the crisis-riden state. The German, Bulgarian, Belgian and Czech press fear a devaluation of the euro and say any measures to help the country should be attached to strict requirements
