To Vima, 16 March 2010
To Vima calls a decision by Eurogroup to provide bilateral aid to Greece a "farce". The Athens-based daily says the safety mechanism – voluntary bilateral loans to be used if Athens is unable to get its finances in order, is "neither concrete, nor a loan" and that Greece would not use the assistance until technical details were ironed out. In other words, To Vima says, "So as not to ruffle any feathers, promises remain promises, and everybody gains some time". For concrete action, the paper continues, "we will have to wait until next week for the heads of state summit meeting", which is expected to endorse the plan.
The leader of Greece’s leftist alliance SYRIZA is the new bright hope of Greek politics. Steering a course between pragmatism and the rhetoric of class warfare, he has unsettled Berlin, and not just those who back Angela Merkel's austerity policies.
Europe’s economic woes have forced us to try to understand the secret Olympian world of global finance. But now that we pay more attention to bond yields and stability mechanisms, isn’t it clear that the experts up on their lofty peaks don’t know what’s going on either?
This year’s Eurovision Song Contest is hosted by Azerbaijan, a country that is far from being a model democracy. An Estonian journalist takes a critical look at the deferential treatment enjoyed by the regime in Baku.