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Athens's Love Affair With the Euro Persists
Keywords:
A Pew Center poll in Greece shows support for the Euro at 69% in 2013. The situation in Greece has improved in 2013 with the economy expected to decline by 4% in 2013 and return to growth in 2014. The current account deficit at 11% in 2008 is now close to zero. Unemployment is stabilizing and the competitiveness is being restored as labor costs per hour are down 30%, according to Alpha Bank. Ten year government bond yields are now below 8% in 2013, a dramatic improvement.
Antonis Samaras of Greece's New Democracy Party and the European Union programs for Greece
07/05/2011
Samaras says the tax increases will hurt the Greece economy and the shrinking Greek economy under the current program will lead to the failure of the E.U.'s program for Greece.
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Next Hurdle for Greece's Economy: Its Own Political Uncertainty
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Alexis Tsipras, of the Coalition of the Radical Left, or Syriza party in Greece in 2012 elections and EU elections of 2014
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New York Times 06/23/2013
Athens's Love Affair With the Euro Persists
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European Elections to Test Greek Coalition
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Leftist Syriza Candidates Gain on Incumbents in Greek Local Elections
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Next Hurdle for Greece's Economy: Its Own Political Uncertainty
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Greece Takes Gamble on Presidential Vote
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Causes of the debt crisis in Greece and the failure to come to terms with the problem inside Greece
03/03/2010
A estimated one third of the workforce is in the public sector in Greece placing a large burden on the government budget. Nominal private sector labor costs went up by 62% in Greece compared to 15% in Germany for the period 2000-2008. Much of this was done through the government spending of borrowed money. The smaller private sector with only small productivity gains and the weak tax collection was never going to be able to support the large number of civil servants. Carney says the 30,000 reduction in the number of civil servants agreed to for 2010 has not been done, raising questions about implementation of the 150,000 in reductions required by the EU.
Grouped Articles
Greek Debt Crisis: The Back Story
New York Times 08/13/2011
Wall Street Journal 03/03/2010
Athens's Love Affair With the Euro Persists
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BusinessWeek 06/24/2010
The Submarine Deals That Helped Sink Greece
Wall Street Journal 07/10/2010
In Greece, Bailout May Hinge on Pursuing Tycoons
New York Times 02/26/2015
The EU-IMF loan deals with Greece, Ireland, and Portugal compared 2010-2013
05/27/2010
Grouped Articles
EU Dismisses IMF's Criticism On Greek Bailout
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Greece Can Learn IMF Austerity from Turkey
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Past Rifts Over Greece Cloud Talks on Rescue
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Ireland Faces Seventh Year of Austerity
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Athens's Love Affair With the Euro Persists
Wall Street Journal 11/04/2013
IMF Warns Eurozone That Greece Needs Far More Debt Relief
Wall Street Journal 07/15/2015
Greece's 2014 budget and the road to recovery
10/14/2013
Grouped Articles
Greek Draft Budget Sees Primary Surplus, Return to Growth
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Athens's Love Affair With the Euro Persists
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Greece’s Draft Budget Aims to Ease Austerity Measures
New York Times 10/06/2014
Wall Street Journal 10/16/2014
Greek Parliament Approves First Balanced Budget in Decades
New York Times 12/07/2014
Greek Parliament Approves First Balanced Budget in Decades
New York Times 12/07/2014
The European Union plans for aid to Greece.
02/10/2010
Resistance in Germany to bailing out Greece.
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Germany Clears Rescue for Greece
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Athens's Love Affair With the Euro Persists
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Germany, Forced to Buoy Greece, Rues Euro Shift
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Wall Street Journal 02/12/2010
Wall Street Journal 02/11/2010
Berlin's Wall Around Greek Ruins?
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Bond yields for Greece- 2012-2015
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Fitch Raises Greece's Credit Rating
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Greece Gets Rating Recognition
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Greek Bonds Soar After Fitch Upgrade
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Greece Bulls Charge Into Corporate Bonds
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Greek Government Bonds Pay Off Big for Fund Managers
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Athens's Love Affair With the Euro Persists
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Greece and the European Union.
02/12/2010
The difficult economic situation in Greece and risks it poses for the Euro and the EU.
Grouped Articles
Athens's Love Affair With the Euro Persists
Wall Street Journal 11/04/2013
Greece’s Woes May Give Pause to Euro Zone Candidates
New York Times 02/12/2010
Wall Street Journal 02/12/2010
Debt Load Hobbles Euro Zone's Prospects
Wall Street Journal 02/12/2010
New York Times 02/15/2010
Contemplating the Future of the European Union
New York Times 02/12/2010
The new administration of Antonis Samaras in Greece with finance minister Yannis Stournaras- June 2012
07/26/2011
Stournaras, say experts, is a good choice because of the vast expertise and fresh ideas he bring to revive Greece's economy.
Grouped Articles
Frenemies: Two Greek Rivals Hold Nation's Fate in Balance
Wall Street Journal 07/26/2011
New York Times 06/23/2013
Fractious Greek Government Splits
Wall Street Journal 06/25/2013
Greek Draft Budget Sees Primary Surplus, Return to Growth
Wall Street Journal 10/14/2013
Mark Mobius Plans to Buy Greek Equities for First Time in a Decade
Wall Street Journal 10/21/2013
Athens's Love Affair With the Euro Persists
Wall Street Journal 11/04/2013
Pew Center poll showing 69% of people in Greece support the euro currency in 2013
11/04/2013
Grouped Articles
Athens's Love Affair With the Euro Persists
Wall Street Journal 11/04/2013
Greece and EU in 2015- (3) How do people in Europe see the European Project? How do Greeks see the European Project?
11/04/2013
Linked Articles
Support for the European Union Is Rising, Survey Suggests
New York Times 06/02/2015
Athens's Love Affair With the Euro Persists
Wall Street Journal 11/04/2013
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