Tag Archives | Greek crisis

Victoria Hislop: ‘I Was at the Party in Greece, Now I’m Sharing the Hangover’

Victoria Hislop is a best-welling British author of “The Island and The Thread” books, stories of which take place in Greece. She first visited Greece on holiday almost 30 years ago and she still remembers that summer heat upon her arrival. Her Greek is quite good. She has also bought a house on Crete, which she pays taxes [...]

Italian Industry Minister Passera: ‘The Euro Can Continue to Exist without Greece’

Italian Industry Minister Corrado Passera said on Wednesday that the euro could continue to survive even if Greece were to leave the union’s single currency. “That the euro can continue to exist without Greece is a foregone conclusion,” said Passera, speaking on a morning television news program. “Attempts to form a government in Greece collapsed [...]

Increasing Number of Wealthy Greeks Invest in London Property Market

The Greek debt crisis and its political dimensions are prompting increasingly more wealthy Greeks into purchasing property in the British capital as a form of beneficial investment. According to an extensive Reuters report, expensive houses in London have become the main economic attraction lately not only for prosperous Greeks but the Spanish, Italian and Portuguese [...]

Der Spiegel: Acropolis, Adieu!

“Acropolis, Adieu! Why Greece must leave the euro,” reads the front-page headline of Germany’s most influential magazine Der Spiegel, joining a chorus of voices in Europe’s paymaster country suggesting an exit may now be the best option. In a sign Germany is coming to terms with a possible Greek departure, senior players in both business [...]

Mario Monti: “Greece Had to Give Up Part of Its Sovereignty”

“Greece, Ireland and Portugal, the three countries where the EU/ECB/IMF bailout packages have been imposed, all had to give up part of their national sovereignty. I wish this never happens to Italy because the consequences are incalculable,” stated today prime minister of Italy Mario Monti. According to the technocrat PM of Italy elected last November, [...]

New Book on the Greek Crisis Releases Next Week in Italy

“La Guerra dell’ Europa” is the new book by Monia Benini soon to be released in Italy (May 18). The book of  ”Europe’s war” focuses on the Greece situation, giving the dimension of a war launched by the banking sector and Europe against Greece. On its back cover, the book reads, “There is a new [...]