How the world sees Greece
ASTORIA – For more than a century, Mount Sinai Queens has provided a medical port in the storm for Astoria’s Greeks and Greek-Americans. One barely notices the hospital wedged in among pizza shops and delis, but its unobtrusive appearance belies the A-One care within. The person at the top of the great medical facility comes […] The post Profile of Mt. Sinai Queens’ Caryn Schwab: A Commitment to People appeared first on The National Herald.
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Greek Prime Minister Alexis Tsipras expressed on Friday his optimism for the outcome of the negotiations between the Greek government and the country’s international creditors, at a cabinet meeting that was held late on Friday. During the 5-hour meeting, that ended well after midnight, the ministers were updated on the developments that occurred in the Eurogroup meeting and the EU Summit held last week. The briefings were carried out by Prime Minister Alexis Tsipras, Government Vice President Yiannis Dragasakis and Foreign Minister Nikos Kotzias. It should be noted that Finance Minister Yanis Varoufakis arrived at the meeting shortly after midnight. According to government sources, at the Cabinet meeting it was agreed that the Greek government would seek an agreement on the basis of a compromise that would allow it to implement the core of its program, including measures to address the humanitarian crisis, to restore worker’s rights and to protect public property.
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ATHENS Ten points of political and technical content were outlined in a non-paper of the Greek government on Friday that assessed as positive the latest negotiations with the country’s creditors and defined the direction of the work that will be carried out before next Monday’s Eurogroup. According to the Greek government, the technical committees – the […] The post Greek Government Non-Paper Outlines Positions appeared first on The National Herald.
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European finance ministers consider that if Greece and Cyprus exit from the common currency bloc, the risk for Europe would be manageable, according to Spiegel magazine. The German magazine reporter claims sources that revealed off-the-record discussions of European finance ministers after Wednesday’s Eurogroup. According to the report, euro zone finance ministers analyzed all possible next day scenarios for Greece, in or out of the common currency bloc, depending on the outcome of negotiations. “If Greece leaves the euro zone, it is certain Cyprus will follow soon,” says the report, and continues: “Both countries have strong economic ties between them.” Yet, even if both countries leave the euro zone, the common currency bloc will not dissolve. However, it is very likely that if Greece leaves the euro zone, then Cyprus will receive additional support from its European partners and stay. At the same time, the head of the European Stability Mechanism (ESM) Klaus Regling commented on the possibility of Greece leaving the euro zone: “A Greek exit from the euro zone would probably be the most “hard” solution for all of us. For Greece and Germany, but also for the rest of the European Union.”
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There is no fall-back plan, the Greek Finance Minister underlined in an interview with The Guardian
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The Toronto stock market advanced for a fifth straight session Friday amid data showing solid economic growth in Europe and an unexpectedly strong ...
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The Toronto stock market advanced for a fifth straight session Friday amid data showing solid economic growth in Europe and an unexpectedly strong ...
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| READ THE ORIGINAL POST AT www.thestar.com |