Greece
Papandreou in crisis cabinet reshuffle
7 September 2010
Presseurop
Ta Nea
Ta Nea, 7 September 2010
This is “the big reshuffle”, according to Ta Nea. The Athenian daily’s front page shows prime minister George Papandreou’s “3 aces +1” after his cabinet reshuffle on 6 September. Finance minister George Papaconstantinou will remain in office to straighten out the nation’s accounts, backed up by new ministers of the interior, development and health. This shake-up, Ta Nea explains, reflects the PM’s change of strategy to gain time in the struggle for economic recovery and take on the social discontent and widespread strikes against the austerity plan imposed by the EU and IMF.
The game has gone on for nearly two years: Athens pretends to comply with the demands of its creditors and partners, and they pretend to believe in Greece’s commitments. As the spectre of default comes nearer, however, the Greek bluff cannot go on much longer, writes an El Mundo editorialist.
Asserting national values is central to the political project of the Hungarian PM. Since the start of the year, fifteen paintings, specially commissioned for an exhibition in the Castle of Buda, have been putting this ambition on show.
Since Portugal has been subjected to an austerity regimen by the EU/ECB/IMF troika, Portuguese consumers have adapted their habits. The crisis is pushing consumers to save but also to be more creative.