Eurozone crisis, five years on: no happy ending in sight for Greek odyssey
17/10/2014
Currency bloc is locked into a low-growth, low-inflation, high-unemployment paradigm
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Before a Bailout, E.C.B. Minutes Showed Doubts Over Keeping a Cyprus Bank Afloat
17/10/2014
As the Cypriot economy reeled from the collapse of its second-largest bank in 2013, the European Central Bank faced a thorny question: Should it keep the institution, Cyprus Popular Bank,…
Double Standards: Father stripped of his savings over unpaid taxes while heavily indebted parties shield themselves against seizures
17/10/2014
A single father on the island of Rhodes delivers his child to tax authorities in a symbolic gesture of protest after his remaining €300 in his bank account are confiscated…
Samaras’s Crumbling Greek Exit Gets No Backing From Economists
17/10/2014
Antonis Samaras’s plan for Greece to exit its bailout early is crumbling in the face of a market rejection. Economists say it might not have been such a good idea…
Greek FinMin demands property tax from ancient Olympic Stadium
17/10/2014
The Finance Ministry sends a property tax notice to Greek Olympic Committee (NOC) demanding 4.5 million euro as property tax (ENFIA) for the ancient Panathenaic Olympic Stadium in Athens, the…
British MP on the Parthenon Marbles: "Parading stolen booty brings shame on this country" (video)
17/10/2014
Addressing culture ministers in the Commons on 16 October 2014, two British MPs, Liberal Democrat Andrew George and Labour΄s Jeremy Corbyn, called for the return of the Parthenon sculptures to…
Greece honours Maria Callas with arts academy in former Athens home
17/10/2014
Her devotees may be legion but in Greece, the country she identified with most, Maria Callas never quite got the recognition she deserved. Now, 37 years after her death, that…
New Immunity Provisions Cast Doubt on Greece’s Efforts to Fight Corruption
17/10/2014
Omnibus bill essentially gives retroactive immunity to thousands of workers in state-funded organizations that could shield them from future corruption prosecutions
No botched bailout exit goes unpunished
16/10/2014
The reaction of international markets to Prime Minister Antonis Samaras’ intention to part ways with the IMF a year ahead of schedule, deals a severe blow to his struggling government’s…
Greek sell-off shows eurozone ΄halcyon days΄ are over (video)
16/10/2014
Are we facing eurozone crisis II? Greece, which triggered the first, has now seen its bond yields climb to 9 per cent, but that΄s a long way below the levels…