A Greek economic tragedy of Shakespearean proportions
The Greek financial crisis has more elements in play than just money. What is at stake is the age old concept of benefit of the one vs the many.
Greece
Greek Drama Continues
The Greek obligation emergency is at a noteworthy defining moment and could soon get the nation into an irreversible emergency while making a mark in the tackle of the euro zone, with conceivable further results for other part states. Yet the two sides appear to have come close and just a couple of billion euro remain between the bundle proposed by the EU side in Brussels, and the option rundown of measures presented by Greece.
Greece’s Slow March Towards Capital Control
In the wake of taking after the Greek emergency for a long time, I don’t think I’ve ever been as cynical about the potential for an answer for be found to keep Greece in the Eurozone. Each time it appears to be as though the transactions are making a stride forward they make two strides back. Moreover, the strides in reverse frequently appear to come back to past focuses which you thought had been put to bed.
Greek PM asks for ‘realistic’ debt solutions instead of Austerity
Amidst Greece’s continuing troubles with its debt-ridden economy, proposals of austere sanctions by European leaders have been tagged unrealistic by the Greek government. Bailout funds have been stuck between constant negotiations. A potential defaulting by Greece or its exit out of Eurozone has been worrying most of Europe, as of now.
