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Athens rebels against austerity dictates

The left-wing Syriza alliance and the right-wing populist Independent Greeks party have forged a coalition in record time. What these unequal partners have in common is their rejection of austerity. Can Prime Minister Tsipras convince the EU to ease the pressure on Greece?

Main focus of Thursday, 12. March 2015

Berlin and Athens wrangle over reparations

The German government on Wednesday dismissed demands by the Greek prime minister for reparations for Nazi crimes committed during World War II. Speaking to the ... » more

Lidové noviny - Czech Republic | Thursday, 12. March 2015

Tsipras just countering German severity

Greek Prime Minister Alexis Tsipras is cleverly holding up the mirror of history to the Germans with his demands for reparations, the conservative daily Lidové noviny comments: » more

Frankfurter Allgemeine Zeitung - Germany | Thursday, 12. March 2015

Athens' demands are dangerous nonsense

Since the Two Plus Four agreement of 1990/91, officially the Treaty on the Final Settlement With Respect to Germany, the question of reparations claims has been settled, in the view of the conservative daily Frankfurter Allgemeine Zeitung: » more

Blog Pitsirikos - Greece | Wednesday, 11. March 2015

Greece on the offensive for the first time

The Greek Justice Minister Nikos Paraskevopoulos wants to allow the seizure of German property in Greece pending an agreement on Greece's demands for war reparations. Blogger Pitsirikos concludes that Athens is going on the offensive: » more

Criticatac - Romania | Monday, 9. March 2015

Grexit would do Greece good

Instead of following the same policy it demonstrated in negotiating the agreement on bailout payments, Athens would do better to exit the Eurozone, the left-leaning blog Criticatac recommends: » more

Avgi - Greece | Tuesday, 3. March 2015

Tsipras government keeps electoral promises

The Greek government on Monday passed a bill with measures for combating poverty which foresees among other things that the most needy won't have to pay for electricity and will receive rent subsidies and food vouchers. An important step, the government-friendly daily Avgi writes: » more

Politis - Cyprus | Thursday, 26. February 2015

Greeks' fatal fondness for symbolic figures

In Greece the famous composer Mikis Theodorakis has asked Prime Minister Alexis Tsipras to push harder for an end to the austerity policy. This intervention by a symbolic figure of the left is typical of Greece - and anything but productive, the liberal daily Politis criticises: » more

The Irish Times - Ireland | Monday, 23. February 2015

Here's to the rebellious Greeks

The tug of war between the new Greek government and its EU partners shows that Syriza is at least putting up a fight to achieve its goals, the left-liberal daily The Irish Times writes in appreciation: » more

Main focus of Monday, 23. February 2015

Provisional compromise in debt crisis

Athens and the euro finance ministers have agreed on the continuation of bailout payments to Greece for the next four months. The Greek government sent ... » more

El Huffington Post - Spain | Monday, 23. February 2015

Tsipras has failed to achieve his goals

The deal struck on Friday between Athens and the Euro Group simply means the new Syriza government has gone back on its election pledges, director of the Fundación Alternativas Carlos Carnero surmises in El Huffington Post. "It can really all be summed up in one sentence: » more

Welt am Sonntag - Germany | Sunday, 22. February 2015

Tsipras may be more successful in next rounds

After the compromise reached on Friday, Greek Prime Minister Alexis Tsipras can hope to encounter a greater spirit of cooperation in future negotiations with the Euro Group, the conservative Sunday paper Welt am Sonntag believes: » more

The Irish Independent - Ireland | Sunday, 22. February 2015

Berlin takes the helm again

Europe should be grateful to Berlin for bringing Greece back in line in the debt negotiations, the conservative daily Irish Independent writes: » more

Foreign Policy - U.S. | Sunday, 22. February 2015

Global perspectives: German austerity dictates disastrous for Europe

The austerity policy imposed by Berlin is having disastrous consequences for all Europe and must be stopped, the US magazine Foreign Policy argues: » more

Blog Pitsirikos - Greece | Saturday, 21. February 2015

Greeks weaken their government with bank run

Savings deposits in Greece are at their lowest level since the start of the crisis in 2009, according to media reports. No matter how much they demonstrate in support of their government, the people are only stabbing it in the back by sending hundreds of millions of euros out of the country every day, blogger Pitsirikos writes,: » more

Main focus of Friday, 20. February 2015

Berlin rejects Athens' bailout request

Germany has rejected Greece's request for an extension of the bailout programme. The letter from Athens does not provide a substantial solution, German Finance Minister ... » more

Wirtschaftsblatt - Austria | Friday, 20. February 2015

Greece fails with bogus claims

The Greek government was trying to fool the Euro Group with its formal request so it shouldn't be surprised by the firm rebuff from Germany, writes the liberal business paper Wirtschaftsblatt: » more

Die Welt - Germany | Friday, 20. February 2015

Schäubles reads Athens the riot act

The conservative daily Die Welt takes Wolfgang Schäuble's no to Greece's request as an opportunity to assess his overall conduct in the confrontation with Athens: » more

Helsingin Sanomat - Finland | Friday, 20. February 2015

Greeks not solely to blame for the crisis

Greece isn't solely responsible for the euro crisis, the liberal daily Helsingin Sanomat contends: » more

To Vima Online - Greece | Friday, 20. February 2015

Berlin must make compromises

The liberal online portal To Vima criticises the way in which German Finance Minister Wolfgang Schäuble has rejected Greece's request and calls on Berlin to show a willingness for compromise: » more

Evening Herald - Ireland | Thursday, 19. February 2015

Wrangling over austerity helps Europe's economy

The struggle between Greece and its EU partners is weakening the euro and that's just what the Eurozone needs, the conservative daily the Evening Herald writes: » more

Main focus of Wednesday, 18. February 2015

Athens seeks new loan extension

Athens will go ahead and request a loan extension in the debt conflict between Greece and the EU, a Greek government spokesperson said today, Wednesday. ... » more

El País - Spain | Wednesday, 18. February 2015

Athens must explain the details

The Greek government must present a detailed account of its guarantees and terms for new loans, the left-liberal daily El País demands: » more

La Repubblica - Italy | Wednesday, 18. February 2015

A couple of tricks to prevent Grexit

With a couple of tricks Athens and Brussels can still avert a Grexit, the left-liberal daily La Repubblica writes: » more

Mladá fronta dnes - Czech Republic | Wednesday, 18. February 2015

Athens should start printing drachmas again

An amicable last-minute solution to the Greek debt crisis is highly unlikely, the liberal daily Mladá fronta Dnes comments: » more

Wirtschaftsblatt - Austria | Wednesday, 18. February 2015

Greece eyeing other capital sources

Athens could be looking for alternative sources of capital while the talks with its current creditors continue, the liberal business paper Wirtschaftsblatt believes: » more - United Kingdom | Tuesday, 17. February 2015

German austerity a danger for entire Eurozone

If the government in Berlin clings to its austerity policy it will destroy not only Greece but the entire Eurozone, economist George Irvin writes on the left-wing blog portal Social Europe: » more

Spiegel Online - Germany | Monday, 16. February 2015

Grexit not a harmless scenario at all

In the dispute over solving Greece's debt crisis Athens and representatives of the IMF, ECB and the Euro Group again failed to reach an agreement on Monday. Unless a compromise is found the prospect of a Grexit looms. Wolfgang Münchau warns against trivialising the consequences of such a scenario on news portal Spiegel Online: » more

Salzburger Nachrichten - Austria | Monday, 16. February 2015

EU should end arrogance towards Athens

The finance ministers of the Euro Group meet today, Monday, for talks on further financial aid for Greece. They should finally put an end to the unsuccessful austerity policy - and their arrogant stance towards Southern Europe - the Christian liberal daily Salzburger Nachrichten believes: » more

Main focus of Thursday, 12. February 2015

Euro finance ministers fail to reach agreement

The Greek Finance Minister and his colleagues were unable to agree on an extension of the bailout programme for Athens on Wednesday night at the ... » more

La Stampa - Italy | Thursday, 12. February 2015

Old hostilities resurfacing

Mutual feelings of resentment are being stoked in the negotiations between Athens and the euro finance ministers, the liberal daily La Stampa fears: » more

Kurier - Austria | Thursday, 12. February 2015

Concessions on both sides needed

The Eurozone and Athens need to find a compromise in the debt dispute because so much is at stake for both sides, the liberal daily Kurier urges: » more

Avgi - Greece | Thursday, 12. February 2015

Varoufakis fighting for all Europe

Tens of thousands of Syriza supporters demonstrated in Athens on Wednesday to back their government in the debt conflict. Syriza is fighting not only for the Greeks but for all Europeans, the pro-government left-leaning daily Avgi writes: » more

Deutschlandfunk - Germany | Thursday, 12. February 2015

Athens must show willingness for compromise

An agreement in the debt conflict is still possible if Athens can agree to make overtures to the monetary union, the German public broadcaster Deutschlandfunk believes: » more - Greece | Wednesday, 11. February 2015

Tsipras must not be trusted unconditionally

Greece's Prime Minister Alexis Tsipras passed a vote of confidence on Tuesday night, securing approval for his anti-austerity policy in advance of the Euro Group meeting. The liberal web portal Protagon nevertheless doubts that the new head of government will be successful with this stance: » more

Il Sole 24 Ore - Italy | Wednesday, 11. February 2015

Juncker ready for battle with Merkel

EU Commission President Jean-Claude Juncker had a phone conversation with Greek Prime Minister Alexis Tsipras on Tuesday which he afterwards announced had been held in a "positive spirit of cooperation". Juncker is ready to do battle with Merkel, the liberal business daily Il Sole 24 Ore comments: » more

Efimerida ton Syntakton - Greece | Monday, 9. February 2015

Europe rebels against German austerity

In his policy statement before the Greek parliament on Sunday Greek Prime Minister Alexis Tsipras declared the EU bailout programme a failure and stressed that he intends to make good on his campaign pledges despite the political headwind. The left-liberal daily Efimerida ton Syntakton is convinced that Tsipras has a good hand: » more

De Morgen - Belgium | Friday, 6. February 2015

All sides caught up in Greek drama

Greek Finance Minister Yanis Varoufakis met for the first time on Thursday with his German counterpart Wolfgang Schäuble. But after the new Greek government's European circuit a solution to the debt crisis is still nowhere in sight, economist Ivan Van de Cloot bemoans in the left-leaning daily De Morgen: » more

Jornal de Negócios - Portugal | Friday, 6. February 2015

Central Bank taking revenge on the Greeks

The ECB's decision to no longer accept Greek government bonds as collateral for bank loans is nothing but an act of revenge aimed at having a deterrent impact, the liberal business daily Jornal de Negócios comments: » more

Politis - Cyprus | Friday, 6. February 2015

Cypriots, keep your ties on!

MPs of the communist Progressive Party of Working People turned up for the visit of Greek Prime Minister Alexis Tsipras to Nicosia without ties. The liberal daily Politis sees this as a ridiculous attempt to imitate the Greek prime minister: » more

Süddeutsche Zeitung - Germany | Friday, 6. February 2015

ECB shock could be good for Athens

The European Central Bank's decision to stop accepting Greek government bonds as collateral for loans to Greek banks prevents the ECB from losing authority and at the same time works in Greece's interest, the left-liberal daily Süddeutsche Zeitung comments: » more

Main focus of Thursday, 5. February 2015

ECB not convinced by Athens' reform course

After a meeting between ECB chief Mario Draghi and Greek Finance Minister Yanis Varoufakis the ECB has decided that Greece can no longer use sovereign ... » more

Jornal de Negócios - Portugal | Thursday, 5. February 2015

Central bank pours oil on the fire

The ECB's decision will have far-reaching consequences for Greece and reveals the stubbornness of the EU's crisis management system, the liberal-conservative daily Jornal de Négocios criticises: » more

The Press Project - Greece | Thursday, 5. February 2015

ECB forgetting its real job

The ECB can hardly be described as independent after its decision, the web portal The Press Project writes: » more

Corriere della Sera - Italy | Thursday, 5. February 2015

Guardian of the euro lives up to its name

With its decision the ECB has made it clear that it stands by the monetary union, economist Francesco Giavazzi writes in the liberal-conservative daily Corriere della Sera: » more

Äripäev - Estonia | Thursday, 5. February 2015

Athens' plan is reasonable

After discussions with Mario Draghi, Greece's Finance Minister Yanis Varoufakis is due to present his plan for reducing Greece's debt burden to his German counterpart Wolfgang Schäuble today, Thursday. Among other measures the plan foresees coupling interest payments to economic growth. A reasonable suggestion, the business paper Äripäev believes: » more

Aamulehti - Finland | Wednesday, 4. February 2015

Athens' new government becoming tamer

The Greek Finance Minister Yanis Varoufakis has presented his proposals for easing Greece's debt problems in the last few days. The liberal daily Aamulehti sees signs of a willingness to compromise and urges the euro countries to respond accordingly: » more

Večernji list - Croatia | Tuesday, 3. February 2015

Syriza and Podemos don't want revolution

Greece's Syriza and Spain's Podemos are not communist parties but social democratic organisations along the lines of the British Labour Party under ex-prime minister Tony Blair, the conservative daily Večernji List explains: » more

Wedomosti - Russia | Tuesday, 3. February 2015

Global perspectives: Russia disappointed with Tsipras

After just a week in office the government of the left-wing Syriza alliance has disappointed the hopes its election had inspired in Russia, journalist Kirill Kharatian writes in the Russian daily Wedomosti: » more

Hospodářské noviny - Czech Republic | Monday, 2. February 2015

Euro Group must reach out to Athens

Greece's new Finance Minister Yanis Varoufakis announced on Saturday that he would present a solution for a debt deal by the end of May. He also announced plans to travel to Berlin soon. Everyone, and not just Greece, will have to make compromises in the negotiations, the business paper Hospodářské noviny warns: » more

Main focus of Friday, 30. January 2015

Athens and Brussels negotiate on debt

The EU and the new Greek government have started discussions about the country's debt. After a meeting with the Greek Prime Minister Alexis Tsipras on ... » more

Ethnos - Greece | Thursday, 29. January 2015

Athens has lost touch with economic reality

Euro Group chief Jeroen Dijsselbloem is visiting Athens today, Friday, to advise the new government on its plans for dealing with the debt crisis. Journalist Nikos Meletis hopes in the left-liberal daily Ethnos that Finance Minister Giannis Varoufakis will present an alternative to the debt cut Syriza demands: » more

Le Jeudi - Luxembourg | Thursday, 29. January 2015

Compromise could thwart Eurosceptics

By seeking dialogue with the new Greek government the EU can also send a signal to other Eurosceptic states, the left-liberal weekly Le Jeudi writes: » more

Der Standard - Austria | Friday, 30. January 2015

Tsipras's costly gamble

By announcing an end to privatisations and other economic policy measures Alexis Tsipras has already gone too far just a few days after taking office, the left-liberal daily Der Standard complains: » more

The Economist - United Kingdom | Thursday, 29. January 2015

Debt cut as reward for reforms

The debt negotiations between Athens and its creditors hold out the prospect of an acceptable compromise that could serve as a model for other crisis states, the liberal business magazine The Economist believes: » more

Deutschlandfunk - Germany | Wednesday, 28. January 2015

Athens endangering EU's unity

The new Greek government complained on Tuesday that it wasn't included in the voting process on sanctions against Russia. The new prime minister's strategy is obvious, the public broadcaster Deutschlandfunk comments: » more

Lidové noviny - Czech Republic | Thursday, 29. January 2015

Tsipras makes Putin big winner of elections

Vladimir Putin should be jubilant over new Greek Prime Minister Alexis Tsipras's opposition to tougher sanctions for Russia, the conservative daily Lidové noviny observes and speculates on the reasons for Athens' stance: » more

Lidové noviny - Czech Republic | Wednesday, 28. January 2015

Syriza putting Merkel under pressure at home

German Chancellor Angela Merkel has reacted calmly to the outcome of the Greek elections but this demonstrative composure is just a front, the conservative daily Lidové noviny suspects: » more

Toronto Star - Canada | Monday, 26. January 2015

Global perspectives: Tsipras has a poor hand in poker with EU

The new Greek Prime Minister Alexis Tsipras cannot really threaten his EU partners with a Grexit because a majority of Greeks reject this course, the Canadian daily Toronto Star comments: » more

Blog David McWilliams - Ireland | Monday, 26. January 2015

Bond buying useless without debt relief

The bond-buying programme announced by the ECB last week will only revive the Eurozone if crisis countries like Greece receive debt relief at the same time, economist David McWilliams explains in his blog: » more

Večernji list - Croatia | Tuesday, 27. January 2015

Absurd coalition against austerity

The coalition between the leftist alliance Syriza and the right-wing populist Independent Greeks party is based on no more than a common rejection of austerity, the conservative daily Večernji List comments: » more

Der Standard - Austria | Tuesday, 27. January 2015

Tsipras's government unstable

Forming a coalition with a small right-wing populist party will only increase the difficulties Greece's new prime minister Alexis Tsipras faces, the left-liberal daily Der Standard predicts: » more

Naftemporiki - Greece | Monday, 26. January 2015

EU will make compromises

Eurogroup head Jeroen Dijsselbloem said on Monday that there is little support for a Greek debt write-off. Before the elections Greece was warned but now the tone is calmer, the conservative daily Naftemporiki writes in satisfaction: » more

Wiener Zeitung - Austria | Monday, 26. January 2015

An end to austerity in Europe

Alexis Tsipras's election victory in Greece spells the end of the austerity policy, the state-owned liberal daily Wiener Zeitung believes: » more

Die Welt - Germany | Monday, 26. January 2015

Tsipras will tell uncomfortable truths

Out of pure necessity election winner Alexis Tsipras will be the leader who pushes through unpleasant reforms in Greece, the conservative daily Die Welt suspects: » more

Dagens Nyheter - Sweden | Sunday, 25. January 2015

Syriza will drag Greece backwards

It would be absolute madness if Syriza really did implement its election programme, the liberal daily Dagens Nyheter comments, with little hope that a coalition partner can have a moderating effect: » more

To Vima Online - Greece | Sunday, 25. January 2015

A new era for Greece

Alexis Tsipras will revolutionise Greek politics if he can reach an agreement with the troika, the left-liberal daily To Vima predicts: » more

L'Obs - France | Sunday, 25. January 2015

Hollande can be referee in austerity dispute

France's President François Hollande must play a decisive role in the search for a compromise between Greece and the EU, the left-liberal news magazine L'Obs demands: » more


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