Fresh Aid: Greece Plans to Impress Creditors With Good News

Fresh Aid: Greece Plans to Impress Creditors With Good News

SPIEGEL ONLINE - February 04, 2014

A SPIEGEL report that German Finance Minister Wolfgang Schäuble is considering a third rescue package for Greece has electrified the struggling nation. Athens wants to impress its creditors with a stream of good news. But it still has a long list of unkept promises. By Giorgos Christides in Thessaloniki more... Comment ]

Strings Attached: Berlin Weighs New Aid Package for Greece

Strings Attached: Berlin Weighs New Aid Package for Greece

SPIEGEL ONLINE - February 04, 2014

The Greek government is demanding more financial assistance in view of the initial reform progress it has made so far. But German Finance Minister Wolfgang Schäuble wants to remain firm. Athens must implement planned reforms before getting more aid. By Christian Reiermann more... Comment ]

More Arrests: Greece Makes Progress on Arms Deal Corruption

More Arrests: Greece Makes Progress on Arms Deal Corruption

SPIEGEL ONLINE - January 20, 2014

Greek prosecutors last week arrested two more people suspected of having taken bribes from German armaments firms during the last decade. The detentions are the latest in the country's intensified efforts to go after corrupt, high-ranking officials. more... Comment ]

Economic Health: Has Greece Turned a Corner?

Economic Health: Has Greece Turned a Corner?

SPIEGEL ONLINE - January 08, 2014

Greece, which took over the European Council presidency on Jan. 1, claims it is returning to economic health and is even expecting modest growth this year. But a closer look raises doubts. By Christoph Pauly, Gregor Peter Schmitz and Christoph Schult more... Comment ]

Modesty amid Austerity: Greece Aims for Frugal Council Presidency

Modesty amid Austerity: Greece Aims for Frugal Council Presidency

SPIEGEL ONLINE - November 26, 2013

Greece has announced it will offer fewer perks and spend considerably less than other countries on the rotating presidency of the Council of the European Union when it assumes the role in January. Doing otherwise would send the wrong message, Athens stressed. By David Böcking and Georgios Christidis more... Comment ]

Wasted EU Funds: Brussels Ignores Tip-Offs from Greek Official

Wasted EU Funds: Brussels Ignores Tip-Offs from Greek Official

SPIEGEL ONLINE - October 18, 2013

Anti-corruption officials in Brussels have failed to investigate reports of squandered EU funds at a training institute in Greece, a German paper reported Friday. Well-connected teachers were allegedly paid up to €610 per hour for up to 225 work hours per month. more... Comment ]

Interview With George Soros: 'Greece Can Never Pay Back Its Debt'

Interview With George Soros: 'Greece Can Never Pay Back Its Debt'

SPIEGEL ONLINE - October 07, 2013

Should Greece have a large part of its debt waived? Absolutely, says George Soros, otherwise the country will never recover. The billionaire investor also warns about the rise of extremist parties if Germany does not change its policies towards Europe. By Gregor Peter Schmitz in Brussels more... Comment ]

Crisis Control: Stability Fund Chief Expects Third Greek Bailout

Crisis Control: Stability Fund Chief Expects Third Greek Bailout

SPIEGEL ONLINE - October 04, 2013

Greece might need a third aid package as soon as next year, Klaus Regling told a German paper Friday. But the head of the ESM permanent bailout fund is much more optimistic about the situation in Portugal and elsewhere in the euro zone. more... Comment ]

A Fresh Start in Europe: Is a Milder Merkel in the Cards?

A Fresh Start in Europe: Is a Milder Merkel in the Cards?

SPIEGEL ONLINE - September 24, 2013

Angela Merkel's tough-nosed euro policies have divided the Continent and earned her a reputation for coldness. Now that the election has strengthened her hand and freed her of pesky partners, she has a chance to reshape her stance. A Commentary by Stefan Kaiser more... Comment ]

Neo-Nazi Murder: Greeks Protest Rise of the Far-Right

Neo-Nazi Murder: Greeks Protest Rise of the Far-Right

SPIEGEL ONLINE - September 19, 2013

The alleged murder of a leftist rapper by a neo-Nazi has shocked Greece, where thousands have taken to the streets to protest the rise of the far-right Golden Dawn party. Athens says it is determined to take action. By Georgios Christidis in Thessaloniki more... Comment ]

Little Left to Cut: Lower Interest Rates Won't Help Greece

Little Left to Cut: Lower Interest Rates Won't Help Greece

SPIEGEL ONLINE - September 19, 2013

In August, Merkel's government admitted that Greece needs billions of euros in additional aid. Some have called for a cut to interest rates on emergency loans made to Greece. But with the rates already so low, it would be but a drop in the bucket. An Analysis by David Böcking more... Comment ]