Greece’s withdrawal from the eurozone would have dealt a heavy blow to Germany’s image as the leader of the EU and a personal defeat to Angela Merkel. Looking at what’s happening within the EU, the Americans are becoming increasingly ...
... crisis—it instead marks a long-term change in how Europe views and organizes itself. In the next two weeks, there are a multitude of ways for the deal to collapse before the bailout even starts, not least of which are the points of confirmation by Greece today and European national parliaments in the next week.
Implications of this deal abound, but they are largely negative. Aside from keeping Greece in the Eurozone for now, this agreement provides security to neither Athens or to Brussels. Regardless ...
... stance. It does not have any economic basis," he said, answering a question during an interview with RIA Novosti of why Brussels is not seeking to enhance cooperation with Russia on the Turkish Stream gas pipeline project through the Black Sea and Greece that bypasses Ukraine.
The European Union will not be able to continue providing Kiev with financial support if Ukraine announces default due to the EU's legislation, Vladimir Chizhov said.
"Yes, if a default is announced, they cannot continue ...
... fiscal devaluation in the context of the monetary union.
On Monday, June 22 a Euro Summit will discuss developments at the highest political level. But the ultimate deadline seems to be the end of June, when Athens faces substantial payments to the IMF. Greece is likely to leave the eurozone and possibly the EU if it fails to reach an agreement to unlock a €7.2 billion bailout installment, said a statement from the Bank of Greece a couple of days ago.
International investment, including energy deals,...
Relations between Greece and its EU partners have drastically deteriorated reaching a dangerous climax. The reasons are more or less obvious and relate to the changing character of Europe and the elimination of some of the elements that led to the peculiar form of European ...
Grexit: Economic Implications for Greece, EU and the Rest of the World
The January 25, 2015 could be perceived as a milestone for both Greek and European political reality. If we take as a given that the eurozone crisis is a problem with many international implications, we will understand ...
... Moscow of Greek Prime Minister Alexis Tsipras.
In the weeks running up to the Greek delegation’s arrival in the Russian capital word in the media was that the main topic of discussion at the meetings would be Russia providing financial aid to Greece, whose newly elected government was faced with the threat of default after it had successfully lobbied for a review of its loan agreements with its European creditors and the International Monetary Fund (IMF). Many pointed to the fact that Greece ...
Greece is neither a “Russian pivotal state” nor a “Moscow Trojan Horse”, but rather a potential bridge between Russia and the EU
On April 7, 2015 Greek Prime Minister Alexis Tsipras made his first travel having Moscow as destination. His visit ...
... to be ahead of his opponent by a move or two at all times. By visiting Moscow shortly after he decisively won a general election on January 25, 2015, Greek Prime Minister Alexis Tsipras has obviously borrowed a leaf out of a good chess player's book.
Greece and Russia are linked by bonds of friendship that date way before the current geopolitical schemes which emerged in the aftermath of the Second World War. Greek governments maintained a temperate manner in their relations with the post-Stalinist ...
Europe is offered the chance to “write her injuries in dust, but her benefits in marble”
The upcoming January 25, 2015 national elections in Greece highlight a major challenge as they present a struggle between anger against austerity and fear of euro exit. The apparent reason that led to early national elections is the failure of the coalition government to obtain a parliamentary majority ...