Just a few hours ago, Chancellor Merkel, agreed on an initiative to help banks and indebted countries. The initiative was mostly supported by Spain and Italy. The agreement states that governments will be able to borrow money from ESM and EFSF to buy their own bonds, so they will be protected from financial speculation. Countries [...]
Tag Archives | Euro Zone crisis
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 [...]
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05 / 25 Greek Developer to Build Bucharest Office Center
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05 / 24 Big Greek Migration Wave to Germany in 2012
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05 / 24 Greece Second in Poles’ Charter Flights
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05 / 24 Lemnos Fava Beans Win Monte Carlo
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05 / 24 Greek Actress Favourite At Cannes
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08 / 04 Turkish Prime Minister Erdogan Reportedly Claims Olympic Flame is Turkish
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01 / 24 Intercultural Association Macedonia Cuts Vasilopita
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07 / 28 IOC President Jacques Rogge Calls London Home of The Olympics; Forgets Greece
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05 / 03 Skopje: Streets Renamed With Ancient Greek Names
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05 / 22 Philip II of Macedonia Statue in Skopje Defies NATO
