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Greek Analyst on BBC News: “Greece Has Now Officially Defaulted”

Economist Yiannis Varoufakis from the University of Athens appeared Tuesday on BBC News to comment on the Greek debt situation and the recent signing of the second bailout loan to the debt-ridden country by the EU and IMF. The Greek analyst said that “Europe remains in denial over the state of the Greek economy and [...]

All the People of the World Become Greeks on February 18th

“We are all Greeks” day on Saturday, February 18, was a world-wide day of protest in support of the Greek people, who are going through harsh times at the moment. The protest took place at 14:00 outside the Greek embassies and consulates in various cities of Europe and Australia, while a similar protest will be [...]

BBC Reports “Greece Can’t Take Any More Cuts”

The statement of the Greek Minister of Citizen Protection was cited by the BBC online edition in the title of its main article on the Greek situation, which read “Greece can’t take any more cuts”. According to the Greek Minister, the Greek people have reached their limits with the austerity measures demanded by the EU [...]

Member of European Parliament Suggests Rebranding Greece

A politician with the pro-business Free Democrats (FDP) said over the weekend that debt-burdened Greece is in need of a new image – and proposed giving the country a new name internationally to help it start over. Jorgos Chatzimarkakis, a German member of the European Parliament, made his remarks to the Bild daily. “For many [...]

New Bulgarian President Calls on Greece To Follow His Country’s Fiscal Example

Newly elected Bulgarian President Rosen Plevneliev advised Greece to cut at least 100,000 jobs in the immediate future in order to find a way out off the crisis. At the same time he suggests that Greece should follow the example of Bulgaria in terms of stabilizing its deficit. In his interview with the German edition [...]

European Ombudsman Diamandouros Chairs Symposium in Istanbul

European Ombudsman Prof. Nikiforos Diamandouros chaired a symposium held in Istanbul on Friday, January 27. The topics for discussion included the experiences of the EU countries and the plan to establish the Ombudsman institution in Turkey. The symposium was also attended by the Turkish Minister of Justice, Sadullah Ergin, the President of the Parliamentary Justice [...]