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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Monday, July 2, 2012

Top ECB official: Greece must fulfill reform targets '100 percent,' cool on ...


Top ECB official: Greece must fulfill reform targets '100 percent,' cool on ...
Washington Post
BERLIN — Greece must fulfill the targets of its austerity and reform program “100 percent” to stay in the euro, a top European Central Bank official said Sunday — offering little hope of substantial wiggle room for Athens and questioning whether it ...


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ECB official urges new Greek government to end delays on painful reforms


AFP

ECB official urges new Greek government to end delays on painful reforms
Washington Post
ATHENS, Greece — A senior official from the European Central Bank on Monday urged Greece's new government to avoid further delays in implementing major structural reforms.
ECB's Asmussen tells Greece to focus on reformsReuters
Recovering Greek leader faces crucial auditAFP
Rip off the Greek band aidSydney Morning Herald

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Bailout envoy urges Greece to speed up reforms


Bailout envoy urges Greece to speed up reforms
CBS News
Bailout envoy urges Greece to speed up reforms.


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Recovering Greek leader faces crucial audit


AsiaOne

Recovering Greek leader faces crucial audit
AsiaOne
ATHENS - Ailing Greek Prime Minister Antonis Samaras must face a crucial audit by Greece's creditors this week and may be tempted to push a change of rescue terms more in line with what was recently offered Spain. The "troika" of creditor auditors from ...
Modern odyssey of GreeksDAWN.com
Athens can harbor bank recap hopeKathimerini

all 7 news articles »

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Mitigating Merkel's Mischief


Telegraph.co.uk

Mitigating Merkel's Mischief
Huffington Post (blog)
Europe was actually on the road to a slow recovery in 2009, until hedge funds began attacking Greek government bonds and Greece's neighbors did nothing. This process followed the disclosure by the newly elected Greek socialist government in October ...
Euro deal leaves deep divisions, lingering questionsmsnbc.com (blog)

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Robert Kuttner: Mitigating Merkel's Mischief

Merkel, characteristically, still opposes any respite for the suffering Greeks. It is up to the rest of Europe to isolate her again so that she can reverse course citing changed circumstances. Nor is Merkel willing to seriously rein in the financial speculation against government bonds that turns moderate budgetary problems into dire crisis. This, too, will take the resolve of wiser leaders. Until German reunification in 1990, there was a delicate balance in the European Union, in which Germany was contained within a broader democratic Europe. Germany was an economic powerhouse, but was appropriately self-restrained politically. Given German history, this was only prudent. With reunification, Germany not only became even more potent economically, but began throwing its weight around politically. As Merkel keeps proving, this was not a good idea. The rest of Europe's leaders have now restarted the necessary project of containing German influence again, and not a moment too soon.

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Sunday, July 1, 2012

Greece's new foreign minister says Turkey should promote the reunification of Cyprus

NICOSIA, Cyprus - Greece's new foreign minister says Turkey must stop its "threats and aggressive attitude" toward Cyprus and to help the island nation reunify.



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