Colors of Greece

Finns, Dutch cast doubt on eurozone deal

Finland and the Netherlands, the euro zone’s most hardline creditor states, cast the first doubts on Monday on a European summit deal designed to save Spain and Italy from being engulfed by the currency bloc’s debt crisis. The Finnish government

ECB representative tells Athens to focus on reforms

Greece would benefit more from speeding up structural reforms than spending time right now on renegotiating its bailout deal with its lenders, European Central Bank executive board member Joerg Asmussen told The Economist Conference in Athens on Monday. “The first

Greek diaspora tapped for donations to cancel debt

Vangelis Marinakis, the owner of Olympiakos Football Club – is said to have contributed 3,000 euros for each of the club’s 55 staff Greeks living abroad are being asked to contribute to a charity domiciled in Delaware that plans to

Can Athens change?

The leaders of Europe have shown that they have the maturity and the sense of responsibility to act in the best interest of the eurozone, if only in the final hour. This is the good news that came from the

Myths can’t save Greece now

The way in which certain myths took hold regarding Greece’s recourse to international assistance — essentially poisoning Greek public opinion before being debunked — is nothing short of impressive. Many believed, for instance, that Greece turning for help to Europe

A Fantastic Metaphor To Describe The Crisis In Europe

The phrase “dysfunctional family” gets used too much to describe the crisis in Europe, but in this case it’s well used and apt. Here’s Bob Savage of Track Research describing what’s going on… Europe is a dysfunctional family, Mom and