Article | May 18, 2012 - 6:38pm
As Greece gets close to the June 17 election, the scenery gets quite clear and the prospects get easier to foresee. Greece is not an island, and thus its Eurozone future, at this very time, is determining for the future of the Eurozone itself and consequently the future of the European Union in its present format.
As Greece gets close to the June 17 election, the scenery gets quite clear and the prospects get easier to foresee. Greece is not an island, and thus its Eurozone future, at this very time, is determining for the future of the Eurozone itself and consequently the future of the European Union in its present format.
Article | May 16, 2012 - 2:40pm
This Monday and Tuesday, withdrawals from Greek banks exceeded 800 million Euros
This Monday and Tuesday (14 and 15 May), withdrawals from Greek banks exceeded 800 million Euros (small depositors), and if this trend continues, the Greek financial system may collapse before Friday, 18 May.
Blog entry | May 8, 2012 - 9:46am
On election night, it was really hard for ND cadres to believe that their only chance to form a government was with PASOK’s blessing and in order to make this government stick
On election night, it was really hard for ND cadres to believe that their only chance to form a government was with PASOK’s blessing and in order to make this government stick, Bakoyannis’ ‘Democratic Alliance’ needed to enter parliament. Failing completely was unprecedented.
Article | May 8, 2012 - 11:14am
The formation of a government in Greece is becoming a burning issue for the entire Eurozone. The results of the Sunday 6 May elections tuned out an absolutely fragmented political scenery.
The formation of a government in Greece is becoming a burning issue for the entire Eurozone. The results of the Sunday 6 May elections tuned out an absolutely fragmented political scenery, with even a pro-Nazi group, the Golden Dawn, until last week a marginal bunch of bullies, getting 7% and 21 deputies in a house of 300. Another new extreme right-wing formation of 'Independent Greeks' got 10.6% and 33 deputies.
Article | May 7, 2012 - 4:53pm
With the prospects for the formation of a viable government in Athens after elections on 6 May appearing very slim, the first reaction from Berlin and Brussels was to point out to the country's obligations towards the Eurozone.
With the prospects for the formation of a viable government in Athens after elections on 6 May appearing very slim, the first reaction from Berlin and Brussels was to point out to the country's obligations towards the Eurozone.
Article | May 7, 2012 - 7:51am
Coalition partners suffer heavy loses in an election that has widely been interpreted as a rejection of the tough austerity measures that have been pursued by the main political parties.
The coalition parties in Greece have suffered heavy loses in the general election.
The election has widely been interpreted as a rejection of the tough austerity measures that have been pursued by the main political parties.
Both the centre-right New Democracy and the centre-left Pasok, who supported tough austerity measures, have seen their share of the vote cut dramatically. The two parties have been in coalition since November.
Blog entry | May 3, 2012 - 11:38am
Both major political parties in Greece were not prepared to deal with the crisis; neither were their leaders.
Both major political parties in Greece were not prepared to deal with the crisis; neither were their leaders. At the most crucial moment of their career, Samaras and Venizelos share some common characteristics: May 6 is going to be their first election as party leaders; both their predecessors resigned under pressure; both are pro-Memorandum; they are members of the elite and have both open trust issues with the party base.
Article | April 23, 2012 - 10:53am
Jonny the Lamb did not take the risk to escape from the barn and ended up in the butcher.
On 6 May, Greeks will vote for a new government. The political climate is very bad as the two, formerly leading, political parties, PASOK socialists and Nea Democracy (ND) populists, are loosing voters at an exponential rate. As new media and new campaigning techniques are being aggressively introduced and many new parties begin to appear, no credible prediction is possible except that at least five or six parties will pass the threshold of 3%, and will therefore enter the parliament.
Blog entry | April 23, 2012 - 12:31pm
The movie Monster's Ball with Billy Bob Thornton and Halle Berry draws its title from a custom in medieval England of referring to prisoners awaiting execution as "monsters".
The movie Monster's Ball with Billy Bob Thornton and Halle Berry draws its title from a custom in medieval England of referring to prisoners awaiting execution as "monsters". The night before their execution, their jailers would hold a farewell feast known as a "monster's ball."
Article | April 19, 2012 - 11:49am
The European Commission presented on 18 April a new employment package which includes a policy communication on job-rich recovery and nine staff working documents. The EC once more openly urges member states to ‘reconsider the need to maintain existing restrictions on free labour market access of Bulgarian and Romanian workers until the end of the transitional period’.
The European Commission presented on 18 April a new employment package which includes a policy communication on job-rich recovery and nine staff working documents.
The package urges member states to strengthen their national employment policies and in particular to create the right conditions for job creation and labour demand, exploit the job potential of areas such as the green economy, improve health workforce planning, as well as support an increase in highly qualified ICT labour and promote digital skills across the workforce.
Article | April 11, 2012 - 3:17pm
At 5 pm today (11 April), the Greek Prime Minister, Loukas Papademos, is expected to meet the country's President, Karolos Papoulias, and ask him to dissolve the Parliament and proclaim a general election for 6 May.
At 5 pm today (11 April), the Greek Prime Minister, Loukas Papademos, is expected to meet the country's President, Karolos Papoulias, and ask him to dissolve the Parliament and proclaim a general election for 6 May.
