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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 ]

Headwind for Merkel: Euro Zone Head Says Greece Needs More Aid

Headwind for Merkel: Euro Zone Head Says Greece Needs More Aid

SPIEGEL ONLINE - September 05, 2013

Chancellor Angela Merkel has said Greek finances will not be addressed until the end of next year. But Euro Group chief Jeroen Dijsselbloem on Thursday joined the chorus of voices saying Athens needs more help. more... Comment ]

Scion of Austerity: A Tall Order for New Greek Reform Minister

Scion of Austerity: A Tall Order for New Greek Reform Minister

SPIEGEL ONLINE - September 03, 2013

Kyriakos Mitsotakis has only been minister for administrative reform for a few weeks. But he is already under heavy pressure from the troika to reduce Greek spending. To show he means business, the ambitious son of an old political family will soon cut thousands of jobs. By Julia Amalia Heyer more... Comment ]

Schäuble's Honesty: Transparency Poses Risks in Euro Crisis

Schäuble's Honesty: Transparency Poses Risks in Euro Crisis

SPIEGEL ONLINE - August 28, 2013

German Finance Minister Wolfgang Schäuble has raised the possibility of a third bailout for Greece. Now many are calling for leaders to lay out all they know about the euro crisis. But total transparency carries serious risks. By David Böcking more... Comment ]