The German FA Minister, Guido Westerwelle, expressed his concern for the post-election turmoil in Greece during a symposium organized by German state broadcaster WDR in the European Parliament. “My concern with regard to recent developments in Greece is very serious,” Westerwelle said warning that “Greece has to recognize what’s going to happen if it repeals [...]
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Charles Dallara Expresses His Confidence for Greece’s Political Future
Charles Dallara, managing director of the Institute of International Finance, said that he is optimistic about Greece’s long-term prospects, but estimates that the next few months will be a crucial test for the debt-wracked country, following a general election on May 6 that failed to form a government. “I am watching the developments in Greece [...]
Greece Has Been A ‘Pharmaceutical Paradise’
Prior to the austerity measures, Greece has been a “pharmaceutical paradise,” since medicine sales were extremely high and their costs were paid by the Greek state, admits the General Director of Pfizer Hellas pharmaceutical company. “Athens has been a pharmaceutical paradise, because the consumptions was 2 or 3 times higher than any other European country, [...]
US Economist Joseph Stiglitz: The Euro Could Dissolve
Internationally acclaimed Nobel Prize-winning (2001) US economist and former economic advisor to Bill Clinton Joseph Stiglitz, told a panel discussion in Vienna Thursday that Greece can no longer borrow money from its lenders and “its hands are practically tied.” Everything depends now on whether the ECB will invest money in the debt-ridden country and on [...]
German Foreign Minister Westerwelle: ‘Cliches for Greeks Are Silly Stereotypes’
Speaking to German weekly Die Zeit in an interview, “European values and German arrogance,” German Foreign Minister Guido Westerwelle described the cliché that ”Greeks are lazy,” which made the international rounds, a “silly stereotype.” Despite the fact that the Minister denounced the harsh derogatory remarks against Greeks, the German government spokesman stated that Greece has to implement the [...]
Francois Hollande: “If I Am Elected, I Will Relieve Greek People’s Burden”
French presidential race leader Francois Hollande promises support to debt-ridden Greece. The likely future French President made clear that he will put pressure on changing the financial program implemented in Greece, in a statement he made on Wednesday (April 25). “If elected, I want to relieve Greek people’s burden. Greece must regain a level of [...]
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05 / 21 Angelique Rockas: Strong, Bold and Unafraid
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05 / 21 Theodoros Aggelopoulos Honored at Cannes Film Festival
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05 / 21 Guardian: ‘Despite the Recession, Greeks Still Light the Olympic Flame’
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05 / 21 Portugal: European Award Given to Cretan Beaches of Ierapetra
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05 / 20 Victoria Hislop: ‘I Was at the Party in Greece, Now I’m Sharing the Hangover’
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05 / 03 Skopje: Streets Renamed With Ancient Greek Names
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05 / 27 Dutch Newspaper Mocks Greece’s Financial Situation
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05 / 09 London Recognizes Macedonian Language During Cultural Olympiad
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04 / 02 “Greeks will start begging soon” says Turkish State Minister
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06 / 15 Parts of Alexander the Great’s Statue Being Assembled at Skopje Square
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