Publico Magagine, Portugal
Greeks protest austerity package By David J. Lynch ATHENS The streets say it’s too much. The markets say it’s not enough. A 110 billion euro rescue program may have bought Greece some time to finally fix its ailing finances. But it has not ended the debt crisis gripping the 16-nation eurozone. Opposition to the government’s austerity package, which includes tax…
Greece Asks for a Bailout, but at What Cost? By Nicole Itano / Athens Speaking from the picturesque island of Kastelorizo on Friday, April 23, Greek Prime Minister George Papandreou called on his European Union partners and the International Monetary Fund (IMF) to send the lifeboat they have been promising. Comparing Greece to a sinking ship, Papandreou said he had…
Greece and the eurozone: Halcyon no more
Greece, in the midst of a financial crisis, is planning a bond deal this week that depends on a lot of things going right, Landon Thomas Jr. and Stephen Castle write in The New York Times. For one, other members of the European Union — much as they would prefer not to — are discussing ways to show that they…