A recent survey conducted by the Rosa Luxemburg Foundation supported that the EU should allow countries in trouble to exit the Eurozone. The Rosa Luxemburg Foundation, founded in Berlin in 1990, is a German think tank associated with the German political party Die Linke (The Left). The survey’s objective was to examine the reasons of [...]
Tag Archives | Eurozone
Eurozone Economy Faces Another Bad Year
By VOA / Lisa Bryant – Hopes that the 17-member eurozone will finally emerge from its economic doldrums this year have faded, with new data Friday showing the recession in the euro area deepening even more than originally expected. There were some bright spots in a slew of new European economic data, but the short-term [...]
Greeks Give Half Their Income To Taxes
Forty six percent of Greek citizens’ income will end up in taxes, according to data released by Eurostat. This percentage is one of the highest in the EU list. Sweden tops the list, as the Swedish give tax authorities 56.6 percent of their income. Greece ranks eleventh following Belgium (53.7 percent), Denmark (55.6 percent), Germany [...]
Sinn Sees Greece, Cyprus Leaving Euro
The German economist and President of the Ifo Institute for Economic Research in Munich, Hans-Werner Sinn, spoke in favor of a temporary exit from the Eurozone for countries such as Greece and Cyprus. He suggested creation of a monetary union of the strong countries and said that if Cyprus is forced out during its economic [...]
Germans Say Greeks, Cypriots Hide Riches
Der Spiegel’s front-page of April 15 had the provocative title, The poverty lie. How the countries in crisis cover up their riches, showing on its cover a man on a donkey carrying big sacks of money under an EU umbrella. The article is based on a controversial ECB report which implies that German households are [...]
French PM Ayrault Says Rich Greeks Should Pay
During an interview in Mediapart, a French online newspaper, Prime Minister Jean-Marc Ayrault said that it’s unethical that rich Greeks are not paying their fair share of taxes during a crushing economic crisis that has seen big pay cuts, tax hikes and slashed pensions for workers, the elderly and the poor. “The crisis is not [...]
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05 / 20 Nikos Kazantzakis in Croatian
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05 / 20 RLF’s Survey on Grexit
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05 / 20 Ban on Restaurant Refillable Olive Oil Bottles
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05 / 19 EU Court: Greece Must Pay
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05 / 19 Even Bild Admired Agathonas At Eurovision
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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
