There is a one-in-three chance of Greece leaving the eurozone this year because it may be unable to secure fresh loans and could default on debt payments, a Reuters poll showed on Thursday.
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| READ THE ORIGINAL POST AT www.ekathimerini.com |
How the world sees Greece
Thursday, May 28, 2015
Less than one-in-three chance of Greece leaving eurozone this year
'Three-quarters of way' to Greece deal, says Moscovici
Greece and its international creditors are "three quarters of the way" to reaching a deal, EU Commissioner for Economic and Monetary Affairs Pierre Moscovici said Thursday.
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| READ THE ORIGINAL POST AT www.ekathimerini.com |
Greece, why all the fuss?
Governments, like everyone else, are required to pay their bills. Greece has been unable to do so for quite some time and has managed to stay afloat only through financial aid from European institutions and the IMF. How did Greece end up in the current ...
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| READ THE ORIGINAL POST AT www.timesofmalta.com |
Scattered support
THE regional and municipal elections in Spain on May 24th were billed as the latest test of the idealistic new parties that have emerged all across southern Europe in the wake of the euro crisis. Like Greece’s Syriza and Italy’s Five Star Movement, the left-wing Podemos and liberal Ciudadanos parties promised to give a voice to voters infuriated by corruption and economic hardship, and to shatter the political status quo. They have done so, transforming the two-party system that has dominated Spain since democracy was reintroduced in 1978 into a four-party one. They have also made the country a lot harder to govern. The conservative Popular Party (PP) of Mariano Rajoy, the prime minister, was able to claim a sort of victory: when all the regional and municipal elections were tallied, it finished first. But its share fell to just over a quarter of the votes. The opposition Socialists (PSOE) of Pedro Sánchez claimed to have launched a comeback, but they were beaten by the PP almost everywhere. Podemos was relegated to third place. Ciudadanos fell short of predictions that it would become Spain’s new kingmaker. The two...
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| READ THE ORIGINAL POST AT www.economist.com |
Anastasiades, Akinci agree on new crossings on divided island
The Greek and Turkish Cypriot leaders agreed Thursday to open more crossing points and link the mobile phone and electricity networks to help restore trust between their estranged communities on divided Cyprus.
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Should holidaymakers to Greece be worried about a Grexit?
The dramatic game of brinkmanship over Greece’s debts, reforms, and bail out funds has been dragging on for months, but does finally look as though it is nearing an endgame. June is a crucial month where large repayments must be met, and the money doesn ...
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| READ THE ORIGINAL POST AT www.telegraph.co.uk |
Greece says bailout deal is close
Greece's cash-strapped government insisted it was "very close" to reaching a vital deal with bailout lenders. But the optimism in Athens was swiftly shot down by German finance minister Wolfgang Schaeuble. Greece's four-month-old government is days away ...
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| READ THE ORIGINAL POST AT www.independent.ie |
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