Gândul, 5 July 2010
"Floods like those in 2008 happen once every 150 years, and those of 2010 occur once every 200 years," notes the Romanian daily Gândul. This exceptional rising of the waters has already caused at least 25 deaths. While the country is confronted by grave financial difficulties, the cost of damages from these floods could exceed 0.6% of the country's GDP, according to government sources.
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.