Violence offers glimpse of Greece’s reform challenge
(Reuters) – Greeks swept rocks and broken glass from the streets of Athens on Monday after a night of violence that gave lawmakers a taste of the challenge they face […]
‘Greece will pay its debts back, if you let us. But not with a German knife held to our throats’
The German flag was burnt in Athens last week as fury over further austerity measures boiled over. Harriet Alexander travelled to a town that bears the scars of hatred between nations, and found a town both angry at German demands and frightened for the future. A protester burns […]
‘Europe is poor so should live within its means’
For decades the West has lectured the East on how to manage its economies. Not any more. Source: BBC News. Now the emerging economies of Asia look like models of […]
Eurogroup’s Juncker Warns of Possible Greek Default
Courtesy: CNBC: The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on Saturday. In an advance copy of comments to news weekly Der Spiegel, Juncker was quoted as saying […]
Greece in talks to repay debts with solar power
EU’s energy commissioner Gunther Oettinger, the director general for energy Philip Lowe, and the head of the EU’s Athens task force Horst Reichenbach have discussed the idea of enabling Greece to repay some of its debts to EU member states, such as Germany, by providing them with solar energy. “Several […]
How Europe came to forget about its Arabic heritage.
BY ABDUL HAQ COMPIER Source / Courtesy: January 2011, Alislam-eGazette Summary: Traditional education about Western civilisation tells the story of how around 1500, Greek texts recovered the lost memory of Europe’s Greek […]
Greece Still Not Out of the Woods
http://s.wsj.net/media/swf/VideoPlayerMain.swf Any country, state or corporation, which indulges in significant amount of interest based loans will sooner or later find herself in woods or a thick jungle of financial chaos […]