Wall Street Journal
Economy
Commissioner Rehn: Talks About Debt And New Package in Summer
In an interview with the Wall Street Journal, EU Commissioner Olli Rehn said that the revision of the Greek bailout package, which has been postponed for the third time now, will be completed "in the next few months," heightening concerns...
Business
Wall Street Journal: “A Possible Grexit is Imminent”
The German edition of the Wall Street Journal (WSJ), suggests that a Greek exit (Grexit) from the euro is still imminent. This time the Drachma scenario is being resuscitated not because the economic crisis in Greece is getting worse. Quite...
Economy
Greek Banks Relieved by Freeze on Foreclosures
The American newspaper, The Wall Street Journal, commented on the recent decision of the Greek government to extend for one more year, the suspension of foreclosures on primary residences.
The vote on the law governing foreclosures is described as an...
Economy
Greek Civil Servants Lack Basic Computer Skills
A significant number of the total of 607,516 Greek civil servants, are considered to have either low qualifications or lacking basic knowledge in computers. Almost half of them do not have a university certificate, while those who have postgraduate...
Greece
Political Violence Blessing for Greece
According to the Wall Street Journal, the Greek government can now ask from the Troika to ease the strict conditions of the memorandum, based on the affirmation that austerity has risen the percentages of the right-wing extremist political party...
Cyprus
World Media Says Cyprus Still Uncertain
If Cyprus' government is breathing some relief that it has relented to demands from international lenders to confiscate bank accounts to trigger a 10 billion euros ($13 billion) the international press believes that the country's future is still bleak.
The...
Economy
Former Greek PM Papademos on WSJ: "No Choice But Austerity"
Greece΄s former Prime Minister Lucas Papademos warned that Greek people have no choice but to stick with a harsh austerity program imposed by their lenders or face an exit from the Eurozone which could result in the financial collapse...
Economy
Wall Street Journal: Misery in Athens Streets
The Wall Street Journal made a report regarding the economic state of Greece and included statements of shop owners who are forced to close their shops and apartment owners who cannot collect their rents.
According to the article, consumers’...