Briefings
Griechenland, Krise ohne Ende
Der Abstieg in die Hölle
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Greece: Aid is fine, but ideas would be better
13 November 20128420 I Kathimerini Athens -
Greece: “Last chance” vote a Pyrrhic victory
8 November 201210852PresseuropTo Vima, To Ethnos, I Kathimerini -
Greece: Chaotic countdown to bailout or bankruptcy
2 November 20125715PresseuropTa Nea, To Ethnos, To Vima -
Greece: There’s oil, gold and gas in those hills
15 October 20121627PresseuropLe Monde, La Tribune -
Immigration: The other Greek crisis
19 September 2012181182 The Wall Street Journal Europe Brussels -
Greece: Fight neo-nazis with ideas
5 September 201225150 To Vima Athens -
Greece: 21st century Nazis
30 August 20122310160 The Independent London -
Debt crisis: Iphigenia, Jonah and the sacrifice of Greece
21 August 201213447 I Kathimerini Athens -
Greece: The worst has been staved off – for now
18 June 2012716PresseuropJornal de Negócios, Frankfurter Rundschau, La Vanguardia & 2 others -
Greece: A new start with the same old politicians?
18 June 20128719 I Kathimerini Athens -
GREEK PRESS ON THE GREEK ELECTIONS (5/5): An electorate under surveillance
15 June 201217550 To Ethnos Athens -
Greek press on Greek elections (4/5): For the next PM, a series of labours
14 June 20128328 I Kathimerini Athens -
Greek press on the Greek elections (3/5): The day the troika comes back
13 June 20126410 To Vima Athens -
Greek press on the Greek elections (2/5): Syriza: dangerously ambiguous
12 June 20121276 To Ethnos Athens -
Greek press on the Greek elections (1/5): The fear factor
11 June 20121243 To Vima Athens -
GREECE: All guilty
31 May 201216337 Coulisses de Bruxelles Brussels -
Greece: The comedy of power
14 May 201214760 To Ethnos Athens -
Greece: Who will restore order?
8 May 201212364 I Kathimerini Athens -
Greece: On the road to chaos
7 May 2012134141 I Kathimerini Athens -
Greece: Shipwreck has been avoided
9 March 201294146 To Ethnos Athens -
Greece: No room for error
21 February 20125510 To Ethnos Athens -
Eurozone crisis: Impunity rules banana republic of Greece
20 February 201244949 De Morgen Brussels -
Greece: One step closer to nowhere
13 February 201220393 To Ethnos Athens -
Editorial: Athens and Buridan’s ass
10 February 20125620Presseurop -
Eurozone: Greece retires...
9 February 20129342 To Vima Athens -
Greece: Leaving the euro, a risky business?
4 January 20128PresseuropPresseurop -
Debt crisis: Greece and Italy, two parallel destinies
11 November 20111585 Eleftherotypia Athens -
Greece: New government - but no respite for Greeks
7 November 20116212 Eleftherotypia Athens -
Greece: Papandreou resorts to blackmail to survive
2 November 20111486 To Ethnos Athens -
Greece: A tragic farce
13 September 20111223 Ta Nea Athens -
Debt crisis: What can Greece do now?
6 September 201110813 To Ethnos Athens -
Greece: Papandreou between a rock and a hard place
5 September 2011PresseuropI Kathimerini -
Greece: Final warning for Athens
19 May 2011PresseuropFinancial Times Deutschland, Financial Times Deutschland -
Greece: An easy target for hoax reports
9 May 201169 Libération Paris -
Greece: Toward debt restructuring
6 April 2011PresseuropFinancial Times Deutschland, Financial Times Deutschland -
Greece: Rating agencies attack Athens again
30 March 2011PresseuropI Kathimerini -
Greece: One month to get out of trouble
23 February 201137 Ta Nea Athens -
Debt: Return of the PIG
10 September 20101PresseuropHandelsblatt -
Greece: Europe’s nightmare coming true?
23 April 2010PresseuropLes Echos -
Greece: Three years to rescue the euro
16 April 2010PresseuropThe Economist -
Greece: Speculators threaten Athens recovery plan
9 April 2010114 Presseurop -
Greece: Athens between Scylla and Charybdis
8 April 2010PresseuropLa Tribune -
GREEK CRISIS: The eurodrama is over – for now
26 March 2010Presseurop -
Greece: Time for painful changes
11 February 2010321 Le Figaro Paris -
Crisis: PIGS trying to get wings
4 February 2010377 Presseurop -
Economic crisis: Tough love for the Greeks
26 January 20103 La Stampa Turin -
Greece: Can the EU put it together again?
15 December 200921 Der Spiegel Hamburg -
Greece: After Dubai, is Athens next?
9 December 2009151 Presseurop -
Economic crisis: Dr Brussels reads Greek patient riot act
1 December 2009PresseuropEleftherotypia
Die Bevölkerung in der ersten Reihe
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Health: The Robin Hood doctors of Greece
29 October 2012400329 The New York Times New York -
Greece: Russians bargain-hunting in Northern Aegean
25 September 20122533 I Kathimerini Athens -
Greece: Exarchia — the Hell’s Kitchen of Athens
17 September 20121446 To Vima Athens -
Humour in Europe (10/10) : A cure for the crisis: post-war Greek comedies
31 August 2012782 Le Monde Paris -
Greece: Island for sale, due to crisis
11 July 20122216 El Mundo Madrid -
Greece: Dimitris Dimitriadis — “Living in the light of a dead star”
17 June 201238350 Le Monde Paris -
Greece: The bosses’ lament
28 May 20121516 Le Monde Paris -
Eurozone crisis: Listen to the cry of Athens
17 May 20121040176 La Repubblica Rome -
Greece: Public suicide shocks Greece
5 April 201224416PresseuropTa Nea -
Greek crisis: Thessaloniki shows the way forward
8 March 201256612 Die Zeit Hamburg -
Eurozone crisis: How Brussels is destroying Greece
17 February 2012663102 The Daily Telegraph London -
Greece: “Five euros left and starting to panic”
16 February 201252331 To Vima Athens -
Greek crisis: Brussels’ fatal therapy
15 February 201211196 Die Zeit Hamburg -
Greece: Poverty in a time of economic diktat
30 January 201256614 Libération Paris -
Arms industry: Greece still splashes out billions on defence
11 January 2012134634 Die Zeit Hamburg -
Emigration: The Greek exodus to Australia
22 December 201133515 The Guardian London -
Greece: Athens Biennale, the crisis as art
28 November 20112184 Expressen Stockholm -
Crisis eurozone: The real Greek tragedy – its rapacious oligarchs
9 November 20117719 Financial Times London -
Greece: A financial genocide
22 September 2011497927 Die Presse Vienna -
Greece: Eating from bins - the new make do
19 September 20114297 To Vima Athens -
Greece: Is more belt-tightening worth it?
12 September 20111PresseuropEleftherotypia -
Debt crisis: Greece in no state to pay
2 September 201123513 Libération Paris -
Greece: Shattered films from a shattered country
2 September 20111701 The Guardian London -
Greece: The 'we won't pay' anti-austerity revolt
5 August 2011640 The Guardian London -
Greece: Papandreou fights his left-wing family
19 July 201153 The New York Times New York -
Greek crisis: Athenians take Syntagma Square
16 June 2011752 Eleftherotypia Athens -
Debt crisis: Democracy comes home to Greece
16 June 20113554 The Guardian London -
Greece: Life in a time of Troika
1 June 2011256 To Vima Athens -
Greece: Desperate and resigned
3 May 201143 Libération Paris -
Greece: Debtocracy - exploring the roots of the crisis
26 April 20114151 To Vima Athens -
Greece: A country unraveling
18 April 20111131 To Vima Athens -
Greece: Give the young a chance
15 March 201194 I Kathimerini Athens -
Greece: The wrath of a people
11 March 201162 To Vima Athens -
Greece: The great tax fraud hunt is now on
4 August 2010801 Der Spiegel Hamburg -
Greece: Give us this day our really cheap bread
26 May 2010422 Ta Nea Athens -
Greece: A nation in shock
6 May 2010461 Presseurop -
Greece: Almost a revolution
6 May 2010371 To Ethnos Athens -
Greek crisis: Greece is winding back the clock
3 May 2010453 To Ethnos Athens -
Greece: IMF, no thanks
21 April 2010192 To Vima Athens -
Economy: No appetite for austerity
18 March 2010212 International Herald Tribune Paris
Die Schockwelle Europas
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Greece-Germany: Those mad, bad and sad Anti-Merkelites
10 October 2012261120 Coulisses de Bruxelles Brussels -
Greece-Germany: She comes too late
10 October 201213722 Frankfurter Allgemeine Zeitung Frankfurt -
Debate: The Eurozone devalues Europe
11 September 2012197118 Ta Nea Athens -
Greece: Barroso’s solidarity gets chilly reception
27 July 2012208PresseuropTo Vima -
Greek crisis: The euro exit is a bluff
15 May 201210484 La Stampa Turin -
Eurozone: Greek threat raises its head once more
11 May 2012270233 El País Madrid -
Economy: The Greek crisis will fast expose Hollande
8 May 201283100 Financial Times London -
Greece: As quiet as a Eurocrat in Athens
9 April 201221827 Le Temps Geneva -
Economy: Greece is our vanguard
28 March 2012129101 Hospodářské Noviny Prague -
Greek crisis: Troika admits bailout can’t work
21 February 201233911PresseuropFinancial Times -
Greek crisis: Europe is just as guilty as Greece
10 February 201241256 La Stampa Turin -
Eurozone crisis: The “Grexit” taboo has been broken
8 February 201216113 De Volkskrant Amsterdam -
Eurozone crisis: Save the ECB from the danger of Greece
2 February 2012939 De Tijd Antwerp -
Eurozone crisis: The Greek trap
24 January 201210814 Süddeutsche Zeitung Munich -
Debate: Look behind you, Lucas and Mario
15 November 201142510 Financial Times London -
Eurozone crisis: And if Greece goes...
4 November 201123313 Le Figaro Paris -
Press review: Worst case scenario for euro approaches
13 September 20111395Presseurop -
Greece: The miracle that lasted just three days
26 July 2011304 Ta Nea Athens -
Eurozone crisis: No more hide and seek
20 July 2011901 Ta Nea Athens -
Debt crisis: Save Greece and be damned
24 June 201125PresseuropPresseurop -
Debt crisis: Democracy comes home to Greece
16 June 20113554 The Guardian London -
Greece: Papandreou government hangs by a thread
15 June 2011PresseuropTo Ethnos -
Debt crisis: Why Greece will bring the euro down with it
14 June 201141715 The Irish Times Dublin -
Greece: Blood and tears
10 June 20114PresseuropTa Nea -
Greece: Angry Ones protest weakens government
6 June 2011PresseuropTa Nea -
Eurozone: The Greek debt headache
18 May 2011465 Presseurop -
Greek crisis: Germany braces to answer Athens' call
11 May 20111PresseuropHandelsblatt -
Greece: Lying will kill the euro
9 May 20111833 Süddeutsche Zeitung Munich -
Greek Crisis: Euro not out of the woods yet
3 May 201028 Presseurop -
Greek Crisis: Playing poker with the euro
28 April 2010701 La Repubblica Rome -
Greece: Europe’s nightmare coming true?
23 April 2010PresseuropLes Echos -
Greece: Three years to rescue the euro
16 April 2010PresseuropThe Economist -
Greece: Time for painful changes
11 February 2010321 Le Figaro Paris -
Greece : Papandreou promises blood, sweat and tears
9 February 2010PresseuropTo Ethnos
Editorial
Wie konnte ein Land, das ca. 3 % des BIP Europas ausmacht, die EU und den Euro in eine Krise verwickeln, deren Ende nur schwer abzusehen ist? Wie erklärt man sich, dass ein Land, das sich die Olympischen Spiele 2004 geleistet hat und dessen Bevölkerung stets nach der neuesten Mode lebte, nahezu zahlungsunfähig wurde, so dass es jetzt soziale Opfer bringen muss wie niemand zuvor in Europa nach dem Zweiten Weltkrieg? Derartige Fragen im Zusammenhang mit der Griechenlandkrise, die Ende 2009 begann, werden uns noch einige Zeit lang Kopfzerbrechen bereiten.
In der Tat legt dieses Ereignis, das in der Geschichte der EU nunmehr einen hohen Stellenwert hat, eine Reihe von Problemen offen, für die die europäischen Staatschefs offensichtlich keine Lösungen finden. Die Griechenlandkrise stellt die Struktur der EU in Frage, die sich durch eine Währungsunion ohne politische Union und ohne einen klar definierten Unterstützungsmechanismus zwischen den einzelnen Ländern auszeichnet. Auch das Zusammenwachsen Europas wird in gewissem Maße in Frage gestellt, denn manche Europäer verstehen nicht mehr, warum sie für die anderen zahlen sollen, und die politischen Parteien machen stärkere Euroskepsis zum Wahlargument. Das soziale Modell des Kontinents, das auf einem mehr oder weniger entwickelten Wohlfahrtsstaat basiert, könnte aufgrund der Griechenland auferlegten Sparmaßnahmen, die zum Anti-Krisen-Modell für die anderen Länder werden könnten, ebenfalls eine radikale Veränderung erfahren.
Am stärksten betroffen sind jedoch die Griechen selbst, denn sie mussten plötzlich lernen, mit weniger zu leben, ohne über klare Perspektiven zu verfügen, zuzusehen, wie ihre Regierung Unternehmen und Grundstücke verkauft, um sich zu finanzieren und ihre Beziehung zum Staat neu zu überdenken, die allzu oft auf kleinen Schummeleien mit dem Recht basierte. Die Reportagen und Analysen dieses Dossiers zeigen vor allem, wie schwer der Schock für das Land und seine Bürger ist.
Greece's MPs have passed the new austerity plan the country needs before a new tranche of aid is transferred. But this vote, following lengthy negotiations in a parliament besieged by protesters, will not save a country that is sinking into political crisis, writes the Greek press.
Already hit by the crisis and austerity measures, Greece must also cope on very limited resources with the arrival of thousands of migrants from the Middle East and the Indian subcontinent. Here too, it is getting little in the way of solidarity from its EU partners.
The Golden Dawn’s increasing recourse to violence has been fed by the identity crisis of a people striving to cope with economic meltdown, and by the timidity of a deligitimised political class. A Greek political scientist warns that the time has come for a genuine ideological struggle to counter the drift towards the far right.
While the Paralympic Games begin today in London, in Athens, the ultra-right Golden Dawn party, is promoting hate-attacks against people with disabilities and homosexuals, having already targeted immigrants and ethnic minorities, says one UK commentator. In this atmosphere, which echoes the rise of Nazism in Germany, the Greek government and EU are turning a blind eye.
While Greek Prime Minister Antonis Samaras starts his European tour seeking an easing of the terms of the bail-out for Greece, columnist Nikos Konstandaras uses ancient myths to explain that throwing Athens overboard will not save the euro.
Following the vote that gave victory to the “pro-memorandum” party, the European press breathes a sigh of relief: the concept of a Greece exit from the eurozone seems to have been ruled out for the moment. But the crisis in the single currency is far from having run its course.
Never has a Greek population gone to the polls under such international pressure — at a level close to blackmail complains left-wing daily To Ethnos. Nonetheless, Athens’ partners have chosen their man — conservative Antonis Samaras — and not left-wing leader Alexis Tsipras.
More than the outcome of the June 17 elections, it’s the return of the EU-ECB-IMF delegation that will decide Greece’s fate. Because Germany has already set the tone: little flexibility can be expected.
As the June 17 general elections approach, the question of a eurozone exit is on everyone's mind. But radical left coalition Syriza, the most likely to be asked to form a government, refuses to clarify its position on the issue – thus fuelling anxiety.
The parliamentary elections of June 17 must allow a government to be formed, following the failure of the May 6 elections to come up with one. The outcome though remains uncertain, as voters seem to be shifting from one party to another against a backdrop of disaster.
A majority of the Greek population considers that the eurozone and the IMF are too demanding, and is likely to vote in favour of anti-austerity parties to cast in the upcoming June 17 elections. But, if the Greeks do not want to fail yet again, they will not be able to avoid reforms that have been put off for too long.
The Greeks, as well as everyone in EU, are waiting to see if the leaders of the three main parties can agree to form a government and avoid elections that would further aggravate the crisis. But for now, they seem rather more preoccupied with ensuring their own political futures.
On May 6, the Greeks heavily punished the two traditional parties, who implemented the austerity programme, and let the radical left and far-right parties come into force into the Parliament. This result could lead to a powerless government and even violence, fears a columnist.
Having succeeded in convincing between 85% and 95% of its creditors to write down part of its debt, the Greek government has finally accomplished one of the tasks expected of it. But now it will have to convince the people that the sacrifices it has demanded will not be vain.
In a meeting that lasted into the small hours of Tuesday, February 21, the Eurogroup finally adopted a second bailout plan for Greece of €130 billion with an additional €107 billion in cancelled debt. But failing a genuine economic development plan, this sum will not be sufficient to put the country back on its feet, warns Greek daily To Ethnos.
The greatest problem facing Greece is not lack of money but a clientelist system that is accountable to no-one, writes a Greek journalist.
The new austerity plan demanded by the EU and the IMF was passed by the Greek Parliament on February 12 against a backdrop of demonstrations and violence. But the plan solves nothing and leaves the Greeks without an answer on their future, regrets an editorialist.
Agree to new austerity measures or risk being kicked out of the eurozone: that’s the alternative presented to Athens on the day the euro group is meeting. It’s a situation Greek politicians have failed to avoid, regrets To Vima.
In Athens and in Rome, the crisis has swept away elected leaders, replacing them with technocrats whose main mission is to implement austerity plans demanded by Brussels and the markets, which their predecessors were unable to apply.
The 6 November agreement on the formation of a government to be supported by both the left and right has temporarily put an end to the crisis prompted by the idea of organising a referendum on the Greek bailout. However, most of the problems faced by the Greek population will remain unresolved.
In response to the dissent of his people, the Greek Prime Minister has chosen to organise a referendum instead of calling for early general elections. His bid to safeguard his future will mean that the Greek population will faced with a simplistic choice.
Embed a tax into electricity bills: the most recent proposal from the government is an admission of failure of the measures taken in the last year and a half, writes Ta Nea. And the worst of it is that some officials are refusing to implement it.
Everyone now grasps that the Greek government cannot reduce its debt as promised, and the news has rattled the financial markets. In Athens there’s a feeling of helplessness in the air, as captured in this editorial in To Ethnos.
For several weeks, erroneous information about the Greek economy has been circulated to destabilise Athens. The latest hoax to date was Spiegel Online’s 6 May publication of a report about a secret Eurogroup meeting to discuss Greece’s exit from the euro. The question is: who stood to gain from the crime?
On a visit to Berlin on 22 February, the Greek Prime Minister was hoping to obtain more time for the reimbursement of his country’s bailout package. However, in a context of mounting social dissent and pressure from European bankers, EU member states have postponed any decision on the issue until the end of March.
On 25 March the eurozone heads of state finally assented to bail out Greece, putting an end to the international psychodrama that had been wearing on for months. And yet the rescue package is far from ideal, with plenty of strings attached, and the wound that has opened up inside the Union will take time to heal, recaps the European press.
While Europe's 27 member states meet in Brussels to attempt to save the Greek economy, workers have taken to the streets of Athens to protest against a package of austerity measures announced by the government. But in a country where tax fraud is rampant, people will have to accept painful changes if the state is to remain viable.
The four weakest countries in the eurozone - Portugal, Ireland, Greece and Spain, whose initials form the acronym PIGS – are making efforts to stabilise their economic situation. They may be going about it in different ways, but the European press reckons that they are all prey to the same uncertainties.
Teetering on the brink of bankruptcy, Greece is proving to be a major headache for the European Union. Writing in La Stampa, economic analyst Franco Bruni argues that to save the credibility of the single currency, the Union needs to centralise policy, even to the point of over-riding national autonomy on economic issues.
In Berlin and Brussels there is growing doubt over whether Greece can solve its debt problems without external help. If nothing is done, the country risks bankruptcy — with unforeseeable consequences for the European currency.
Faced with runaway public debt, rampant tax evasion and a gaping hole in the pension coffers, to name just a few national woes, Greece is on the brink of bankruptcy, says the European press. And it fears the repercussions for the euro and a potential domino effect on fiscally shaky countries.
Successive austerity budgets have left hundreds of thousands of Greece’s unemployed without health cover, or even the means to pay for life saving medicine, a desperate situation which an underground network of doctors is seeking to alleviate.
Second homes, hotels, land and football clubs… Greece, and particularly the region of Thessaloniki, is being swept by a tide of Russian money. A financial windfall which could have an impact on the privatisation of the country’s infrastructure.
Historical stronghold of anarchists in the heart of Athens, the square has become a thermometer of Greek society during the crisis. Among the artists’ squats and trendy youth dropping by to breathe the air of protest, trafficking and violence are growing.
Athens is the last stop in Le Monde's quest for humour. The 1950s comic films, whose plucky heroes give one the courage to forge ahead, are all the rage. A reflection of current times, perhaps.
Times are hard for private owners of Greece’s islands. Faced with a new troika-imposed property tax and rising interest rates, they are selling off their land. Prospective buyers, however, will need to deal with the local bureaucracy.
The multifaceted crisis that has struck Greece is the result of several centuries of decadence marked by the deterioration of the state and the loss of a sense of morality, argues Dimitris Dimitriadis. The playwright is convinced his country is dead and must accept this fact if it is to recover.
An omnipresent public sector, all-powerful unions, political clientelism: Greek entrepreneurs, have an interminable litany of grievances about their country. The business community, which is better schooled in the arts of offshoring and tax evasion than it is in research and development, will also be the first to suffer if Greece exits the euro.
Instead of treating Greek officials as outcasts and their constituents like the plague, European leaders, and particularly Germans, would be better off listening. Because, in attempting to prioritise the needs of the economy over those of democracy, they are undermining the Union’s foundations.
The Greek capital is bogged down in grievances over recession and the country’s loss of autonomy. But further east, in the Thessaloniki region, new business ideas are cropping up – and new hopes blooming. Die Zeit visited the Greeks who are trying to live off the fruits of their own hard work.
Sunk into a violent depression, Greece is being bled dry by an “incompetent” EU and its “callous” Economic and Monetary Affairs Commissioner Olli Rehn, accuses Peter Oborne, in a vehement broadside.
In debt and suffering from anxiety and depression, many Greeks are turning to Ekpizo help centres for moral support. To Vima reports from a group therapy session in Athens.
The Euro Group has postponed its decision on whether or not to grant a new aid package to Greece, fearing that the austerity plan adopted by Athens will not be implemented. But rather than the brutal slashing imposed by Brussels, the country needs to be restructured. And rather than being stigmatised, it is in need of solidarity.
While negotiations on the write-down of Greek debt remain ongoing, Athens city hall is supplying two meals a day to jobless workers who are now threatened with famine in the wake of austerity measures: a situation that some Greeks readily compare with the occupation of the country during World War 2.
Frigates, tanks and submarines: Greece may be teetering on the brink, but the bite of austerity hasn’t come near its military. And Germany is profiting from it.
For young Europeans from crisis stricken states, booming Australia has become a new land of opportunity. This is especially true for a new generation of Greek graduates, joining the largest expatriate Greek community in the world.
A network of corrupt clans control key sectors of Greek economy, and stand to profit most from the country’s continued disarray, writes the author of McMafia.
Are the Greeks not sufficiently keen on saving? A Viennese lawyer living in Athens has observed the daily life of the Greeks and come to the conclusion: they save to death.
On 19 September, the Greek government announced new cuts designed to convince its partners to hand over the 6th tranche of international aid. Meanwhile in the streets of Athens, more and more people are searching for a cheap way to feed themselves.
Greek debt is now out of control. This disturbing conclusion, issued by a parliamentary committee, comes from Athens itself. Asphyxiated by a recession severer than expected and undermined by the black economy, the country looks unlikely to meet its repayment deadlines.
Are the brilliantly strange films of Yorgos Lanthimos and Athina Rachel Tsangari a product of Greece's economic turmoil? And will they continue to make films in this troubled country?
Faced with the bleak realities of unpaid wages, bankrupt businesses, and mass unemployment, the Greeks are increasingly turning to civil disobedience. Is Greece in the throes of a political paradigm shift? The Guardian reports from Thessaloniki.
As part of his package of austerity measures voted in June, the Greek PM plans to sell off state assets like the national electricity board. But in a manner symptomatic of how deeply intertwined his country’s various forces are, he faces the hostility of a union his own party helped create.
On 15 June, tens of thousands of people marched to the parliament in Athens, where the Greek "Angry Ones" have been camping for the last three weeks. Although the protest was largely peaceful, there were a number of skirmishes with police. Eleftherotypia reports.
While Greece’s PM George Panpandreou struggles to push through a second round of crippling austerity measures, the capital’s Syntagma Square has become a model of direct democracy, writes a Greek columnist, where Athenians of all ideologies, ages, occupations come to express their outrage.
Gone are the days of going out and shopping, trouble-free travel and early evening drinks in outdoor cafes. Bills and surgery have been postponed, and no more private tuition for the kids. Laid-low by the crisis, Greeks have learned to rein in their lifestyles, and everyday living in the country has become a sad affair.
Worn out by repeated austerity packages, the Greeks have reached a point where they no longer believe in their government. While populism attracts more and more votes in the country, euro-enthusiasm has entered into free fall. Libération’s special correspondent reports from Athens.
Produced by activists and distributed on the Internet, a documentary retracing the history of the Greek debt crisis, which highlights the responsibility of the country’s political elite, has prompted a lively debate.
With new austerity measures announced against a backdrop of persistent rumours of debt restructuring and national bankruptcy, a Greek columnist worries that the choices being offered to Greece are being accompanied by the degeneration of the state.
In spite of a softening of the conditions of the rescue package, decided by the Eurozone states on 11 March, the Greek population is increasingly pessimistic about the capacity of their leaders to overcome the ongoing financial crisis. A Kathimerini columnist points out that debate on the issue has overlooked the country’s major resource — its young people, who have been sadly neglected.
After a year of austerity, George Papandreou’s government is still facing the risk of bankruptcy, sceptical financial markets and a dwindling sense of solidarity in other European countries. An editorialist expresses his concern over the upsurge in political anger among the Greek people.
To refill the public coffers and fulfil its international obligations, George Papandreou’s government is pulling out all the stops – and cracking down on Greek tax evaders.
Bakers in Athens have decided to lower the price of bread to 50 cents. The initiative could soon be imitated in other sectors in the country, where the decline in consumer spending has even affected the market for basic grocery items.
The Greek press is in shock after three people were killed in Athens during a demonstration held by the trade unions against the government’s austerity programme. Three bank employees were torched by Molotov cocktails hurled into a branch office by hooded rioters, and several demonstrators were injured in clashes with the police.
Now that anger with the country's political class and its austerity budget has brought thousands of demonstrators onto the streets, the Greek government must act if it is to avoid "an unprecedented crisis," urges columnist Giorgos Delastik.
To Ethnos argues that the austerity measures to reduce public spending and the national deficit announced by the Greek government in response to demands from its financial backers – the IMF and the European Union – are not only brutal and unprecedented, but also unjust.
Talks between Athens, the EU and the International Monetary Fund got under way on 21 April. But the Greeks are increasingly leery of the terms of the bailout that might be forced upon them. Greek daily To Vima fears the worst.
From Greece to Ireland, the EU is encouraging members states to imposing painful cuts in public spending. But a growing number of critics are criticising a “cult of austerity” that threatens to push Europe further into recession.
Angela Merkel’s 9 October visit to Athens gave rise to demonstrations in the course of which the chancellor was caricatured as Hitler. Excesses bordering on stupidity that prevent the Greeks from facing up to their responsibilities, argues a French journalist.
For months, both Greeks and Germans have been talking about the possibility of Greece leaving the euro. And one of the implications of this discussion is that outside of the single currency, there is no EU — a notion that Greek writer Petros Markaris remarks is divisive to the point where it encourages mutual disdain.
As speculation rages about a Greek exit from the eurozone, we must grasp that the country cannot survive without the single currency and that Europe cannot afford to let it leave. That's why everyone should put their cards openly on the table.
The spectre of a Greek exit from the Eurozone has once again been raised by the political crisis in Athens: a scenario that is all the more dangerous for Spain, which is now more vulnerable, and one whose consequences would be geo-political as well as economic.
Whether Hollande will maintain his anti-austerity stance and side with Greece or whether he will back German policy remains to be seen. No matter how much tweaking of EU fiscal agreements he can negotiate, the political storm brewing in Greece is likely test him sooner rather than later.
Their mission: to bring the Greeks onto the path of budgetary virtue. Their method: to shake up established practice and insist on sacrifices. The risk: they may be targeted by anyone with a gripe against the EU.
The near-collapse of Greece is the scenario that awaits other countries if they fail to get their debt under control. The aid to Athens is a sign that the European Union is still alive, but without the discipline of the fiscal pact, it won’t be enough, says a Czech economist.
The new Eurogroup meeting on February 9 is not enough to banish the spectre of a Greek bankruptcy. While Athens may largely be responsible for the crisis, the EU and its partners are not blameless themselves. La Stampa argues that their confused messages and the absence of any strategy have transformed a resolvable problem into an explosive chaos.
At a time when Athens is still involved in debt restructuring negotiations with its private creditors, Neelie Kroes’ recent allusions to a Greek exit from the euro are a sign that European leaders are intent on preparing the terrain for such an eventuality.
A Greek default can still not be ruled out, and it would place the European Central Bank in considerable danger. To avoid this, states should pay up and provide guarantees, believes economist Melvyn Krauss.
In Athens, the war of nerves over the debt haircut is nearing a finale. The negotiations between private creditors and the government, however, are taking some dangerous stumbles. Before Greece gets €130 billion in aid, it must show some success with its reforms. And that, with all the good will in the world, cannot be achieved.
The arrival of technocratic governments in Greece and Italy may well calm jittery markets, but could also help boost populist political parties who point to the democratic deficit at the heart of the EU, argues Gideon Rachman.
What if Greece leaves the EU? Professor George Prevelakis argues that it is an eventuality that would prompt a new geopolitical upset in the Balkans. As for the EU, it would be forced to acknowledge its inability to “Europeanise” a member state of 30 years standing.
The new rescue plan agreed by the EU on July 21 has not helped to calm the credit rating agencies. To get out of their impasse, the Greeks must change their methods and push forward a development policy, writes an editorialist.
The extraordinary Eurozone summit on 21 July is supposed to put an end to the Greek crisis. A well-known Athens columnist argues that decisive action is long overdue, because the Greeks are tired of doing what they are told and obtaining nothing in return.
As Standard & Poor's gives the Greek economy the lowest credit rating in the world, the economics editor of the Irish Times argues that if the country’s long history of political and economic dysfunction is a guide to the future, the eurozone’s 16 other countries are at risk too.
Debt restructuring to save Greece: although it has yet to achieve a consensus among economists and governments, little by little the idea is gaining ground. The European press argues that the main priority should be to find a sustainable solution.
That’s not the way to save the euro, writes the Süddeutsche Zeitung. With their secretive meeting on the Greek crisis, EU finance ministers have gambled away the last confidence of EU citizens in their governments. This must have consequences.
The bailout package approved on 2 May by the eurozone countries should keep Greece afloat for the time being. In the longer term, however, the future of the single currency and the governance of the Union remain in jeopardy, warns the European press.
Governments and markets are playing a dangerous game of poker – to the death. At stake is nothing short of the euro itself, which, under fire from ruthless speculators, is liable to collapse amid the ruins of the Parthenon. And there’s one key player, Germany, whose nationalist strategy may well hasten the single currency's end. 



















































