Showing posts with label Greek Crisis. Show all posts
Showing posts with label Greek Crisis. Show all posts

Friday, July 3, 2015

Not a High Point for the Country of Plato

Sunday’s vote will ask Greeks to assess the creditors’ restructuring plan (which is no longer on offer) and their debt-sustainability analysis (which requires a degree in economics). The prime minister, Alexis Tsipras, says a No will strengthen his hand with creditors and so help keep Greece in the euro. European leaders retort that a No is in fact a vote to leave. After a Yes, Mr Tsipras might cling on or, if he goes, Greece might re-elect Syriza, but both have campaigned for a No. It is not a high point for the country of Plato.
The Economist. "Europe's Future in Greece's Hands" July 4th-10th, 2015, Accessed on July 3, 2015, http://www.economist.com/news/leaders/21656662-whatever-its-outcome-greek-crisis-will-change-eu-ever-europes-future-greeces

No, indeed. 

The Greek crisis is something I've been following closely albeit only through two sources, The Wall Street Journal and The Economist. In my opinion The Economist has the best, most insightful coverage while The Wall Street Journal excellently covers the day-to-day machinations of the tragedy. 

We live, as they say, in interesting times. 

Tuesday, June 30, 2015

Pulling the Trigger

You shouldn't commit suicide because you're afraid of dying.
Stamouli, Nektaria, and Steinhauser, Gabriele, quoting European Commission President Jean-Claude Juncker. "Race to Sway Greeks Begins" The Wall Street Journal., Tuesday, June 30, 2015, A1, Accessed on June 30, 2015, http://www.wsj.com/articles/europe-warns-greeks-that-no-vote-in-referendum-would-lead-to-euro-exit-1435612657