The Guardian, 25 June 2010
“Greece puts its islands up for sale to save economy,” headlines the Guardian. The London daily has learned that the Greek government is “preparing to sell, or is offering long-term leases on, some of its 6,000 sunkissed islands in a desperate attempt to repay its mountainous debts.” Part of Mykonos, one of Greece's top tourist destinations, is to go on sale, with Athens looking for a buyer “willing to inject capital and develop a luxury tourism complex.”
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.