360° Coverage : Greece's austerity: democracy tested to destruction

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Greece's austerity: democracy tested to destruction

Source: Guardian Unlimited, Nov 8 2012, 2:45pm CST

In spring 2010, as Athens wrangled with the IMF and the rest of Europe for what would turn out to be a €110bn emergency loan, a revealing, chilling phrase slipped out. When Greece's then-premier, George Papandreo ...

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10

8 hours ago

Agenda: Focus on economic growth

Source: Herald Scotland  |   May 24 2013, 9:43pm CDT

The International Monetary Fund (IMF) mission visit to London confirmed what many other economic observers have said for some time: the UK Government's austerity policies have gone too far. The Internatio ...

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9

15 hours ago

Ode on a Grecian Yearning

Source: The Corner-National Review Online  |   May 24 2013, 2:33pm CDT

Athens — Democracy is under siege in its birthplace. In a room of over 50 Greek CEOs and scholars from the American School in Greece, not one raises their hand when asked if they think their democratic government is ...

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Update
8

28 weeks ago


Quote:
"We want to make sure nobody else will want this."


Source: Guardian Unlimited

 

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15 hours ago

MALARIA: Malaria and HIV Spike as Greece Cuts Healthcare Spending

Source: Humanitarian News  |   May 24 2013, 2:21pm CDT

MICHAEL SCATURRO (Atlantic Health)MAY 15 2013, 9:00 AM ET A pharmacist arranges drugs in a pharmacy in Athens on March 1, 2012. (John Kolesidis/Reuters)One day in late March, European finance and health ...

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15 hours ago

Greece's NBG lifted by strong Turkish performance

Source: CNBC  |   May 24 2013, 2:12pm CDT

ATHENS, Greece -- The National Bank of Greece has reported first-quarter profits of 27 million euros ($35 million) with a strong performance by its Turkish unit, Finansbank, keeping the group profitable. NBG, Greece's larges ...

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5

16 hours ago

Unrest may spread across Europe, warns Red Cross chief

Source: The Independent  |   May 24 2013, 1:31pm CDT

Rocketing unemployment and poverty in some areas of Europe could lead to widespread civil unrest, unless governments take measures to address the humanitarian consequences of austerity measures, the secre ...

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4

19 hours ago

UPDATE 1-Turkish unit lifts Greece's National Bank to profit

Source: Reuters  |   May 24 2013, 10:19am CDT

ATHENS May 24 (Reuters) - Greece's largest lender National Bank (NBG) posted a profit for the second consecutive quarter on Friday, helped by strong earnings from its Turkish unit Finansbank, lower funding costs ...

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3

19 hours ago

Europe’s Double Jeopardy

Source: YaleGlobal  |   May 24 2013, 10:17am CDT

Reliance on austerity measures could still push Europe into recession. But political leaders are responding to criticism from the International Monetary Fund and others – that austerity failed to deliver economic relief. An end to belt-tight ...

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2

21 hours ago

'New Deal' to tackle Europe's mass youth unemployment

Source: The Telegraph  |   May 24 2013, 9:01am CDT

The "New Deal for Europe" will free up EU resources to pay for language courses and fund jobseekers' flights around the continent in search of work. Germany is increasingly concerned about the need to rescue the country's image, and show greater solidar ...

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1

22 hours ago

Austerity And Growth Perspectives: Europe, The IMF, China And The U.S.

Source: Seeking Alpha  |   May 24 2013, 7:47am CDT

Part 1 of this report highlighted the positions of the IMF and Europe on the austerity/growth trade-off as reflected in discussion on what to do about the problems of Greece, Italy, Portugal, and Spain. This second part examines austerity/ ...

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