grexit

Now is the time to provide Greece with a truly sustainable aid programme that helps Greece out of intensive care. Greeks and Europeans, need a resolution, both political and economic. What is needed is a show of common sense and a move towards European consensus that would strengthen EU and unite its citizens even more but the clock is ticking.
Drama and tragedy: Greek concepts, Greek words and the Greeks love them both. Yet to top them off, there's nothing that the average Greek loves more than a good song and dance. From the lyre to the bouzouki and all manners of drums and dancing in between, music is one part of an ancient culture that no Grexit can extinguish.
The five things you need to know on Monday June 22, 2015... 1) WELL-FAIR STATE It was Ali G who put the question most famously
Understanding its mandate & not kowtowing to financiers or extremists. For the political leaders of the European Union, it's
Without a deal between Athens and Brussels and the IMF on economic reforms and repayments of loans within the next couple of months a Grexit or Graccident would be the most extreme outcome. We cannot rule out that the parties will fail to find a solution seeing as how the Greeks are dawdling and in the light of the harsh words uttered by, among others, Germany.
How Aeschylus would have loved it. No, not the details of course - quantitative easing was not really a hot topic in ancient Athens-but the sheer inevitability, the procession of cause and effect which has led to the debt crisis in Greece...
For the British, who are about to enter into their own version of a populist election on an anti-European thesis, there are lessons to learn from Greece... Watch how the British ties come off, and the gloves go on.
Left-wing Syriza lead by Alexis Tsipras has not wasted time after winning the Greek elections: he formed a coalition with the right-wing anti-bailout Independent Greeks and the new government is now involved in a very high-stakes game of chicken with the Troika (the European Commission, the ECB and the IMF).
The new government is clearly stating its European focus and determination to stay in the union of Europe. The big challenge is how the new government will ensure the continuation of payments by the creditors and at the same time the re-negotiation of the terms without asking for a write-off.
The dilemma in which Mario Draghi found himself over quantitative easing is emblematic of the state of the European Union as a whole. Like other of the EU's crisis management measures, the resort to QE has been criticised for being too little and too late...