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Compromise in debt dispute


The agreement between the euro states and Athens paves the way for a new Greek bailout running into the billions. In return, Prime Minister Tsipras has agreed to harsh austerity measures. What marks has the conflict left in Europe?



Lost in EUrope - Belgium | Tuesday, 18. August 2015

Shock preventing proper thinking in Eurozone

The German parliament votes today, Wednesday, on the third bailout package for Greece. Although most MPs know that the third package is likely to fail too, hardly any of them are saying so, journalist Eric Bonse complains in his Lost in EUrope blog: » more


Main focus of Tuesday, 18. August 2015

Votes on loans for Athens

After the Greek parliament and the finance ministers of the Eurozone approved a third bailout package for Athens last week, the parliaments of other Eurozone ... » more


Phileleftheros - Cyprus | Wednesday, 12. August 2015

Athens must insist on debt regulation

The Greek parliament is debating the third bailout package and the accompanying austerity measures today, Thursday. For the liberal daily Phileleftheros Athens should continue to push for acceptable debt regulations: » more


El País - Spain | Wednesday, 12. August 2015

Time for another growth package

A new bailout package running into the billions will only help Greece if the economy is revived at the same time, the centre-left daily El País is convinced: » more


MediaPart - France | Monday, 3. August 2015

Christian Salmon on the EU's monstrous transformation

In the course of the Greek crisis the EU has transformed into a dictatorial monster, criticises author Christian Salmon in the centre-left online paper Mediapart: » more


Novi list - Croatia | Saturday, 1. August 2015

IMF members rebel against saving Athens

The International Monetary Fund will only participate in a third bailout package for Greece if the creditors in Europe agree to more debt relief, an IMF spokesman emphasised on Thursday. The centre-left daily Novi list backs this position: » more


Il Sole 24 Ore - Italy | Wednesday, 29. July 2015

Germany's sages have no idea

The German Council of Economic Experts, otherwise known as the "five sages of the economy", has called for an option to be provided for individual countries to exit the Eurozone and warned against further European integration. It also criticised German Finance Minister Wolfgang Schäuble's proposal of setting up a Eurozone finance minister post. But the proposal should be given serious consideration for precisely this reason, the liberal business daily Il Sole 24 Ore counters: » more


The Guardian - United Kingdom | Monday, 27. July 2015

Greek crisis: One-dimensional German thinking

In the conflict over the Greek bailout few people in Germany dare to question the harsh line taken by Finance Minister Wolfgang Schäuble, complains columnist Timothy Garton Ash in the centre-left daily The Guardian: » more


Diário Económico - Portugal | Monday, 27. July 2015

Greek crisis: Germany's euro exit would save EU, writes Pedro Braz Teixeira

Instead of discussing the Grexit, Europe should start thinking about the euro exit of another country, and how to start dismantling the common currency, advises economist Pedro Braz Teixeira in the liberal business daily Diário Económico: » more


Corriere della Sera - Italy | Tuesday, 28. July 2015

EU economic government makes sense

In view of the Greek crisis French President François Hollande is calling for the creation of an EU economic government. Meanwhile, according to media reports German Finance Minister Wolfgang Schäuble is considering the establishment of a euro finance ministry. Hollande's idea makes more sense, says the liberal-conservative daily Corriere della Sera: » more


Hospodárske noviny - Slovakia | Tuesday, 28. July 2015

Greek crisis: Fiscal union desirable but unrealistic

With the Greek crisis the calls for a fiscal union are growing louder. The liberal business paper Hospodářské noviny finds this a logical step but is uncertain about its feasibility: » more


Gulf Times - Qatar | Sunday, 26. July 2015

Greek crisis: Germany is Europe's problem, says Philippe Legrain

Germany is casting itself as guardian of the law and applying double standards in the Greek crisis, censures the economist Philippe Legrain in the Qatari daily Gulf Times: » more


Le Monde - France | Friday, 24. July 2015

France doesn't want a Eurozone government

EU Commmission President Jean-Claude Juncker voiced doubt last Wednesday that French President François Hollande really wants to establish a Eurozone government. For the centre-left daily Le Monde the proposal also runs counter to the political attitude of the French: » more


Main focus of Friday, 24. July 2015

Troika returns to Athens

Experts from the EU Commission, the ECB and the IMF are expected in Athens on Friday for talks on a third bailout package. Envoys from ... » more


La Razón - Bolivia | Friday, 24. July 2015

Greek crisis: Germany must leave the euro, demands Rolando Morales Anaya

Germany should be excluded from the Eurozone because of its excessive power, economist Rolando Morales Anaya argues in the Bolivian liberal business daily La Razón: » more


Protagon.gr - Greece | Thursday, 23. July 2015

Tsipras's battle against the drachma camp

To prevail over the opposition in his own ranks Tsipras should cooperate with the pro-Europeans in other parties, advises the liberal website Protagon: » more


Berliner Zeitung - Germany | Thursday, 23. July 2015

New elections ever more likely in Athens

Despite Wednesday night's vote in the Greek parliament in favour of further reform measures unrest continues to grow in Athens, according to the centre-left Berliner Zeitung: » more


Der Standard - Austria | Thursday, 23. July 2015

Syriza must resume negotiations with blackmailers

The government in Athens has no alternative but to continue negotiating with the creditors, the centre-left daily Der Standard comments resignedly: » more


The New York Times - U.S. | Wednesday, 22. July 2015

Greek crisis: Paul Krugman defends his euro criticism

Economist Paul Krugman defends his critical stance on the euro in the blog of US daily The New York Times: » more


Expert Online - Russia | Monday, 20. July 2015

Greek crisis: Distrust a major problem for Eurozone government

François Hollande's idea about a Eurozone government may fail because of Europe's citizens, the business portal Expert Online suggests: » more


Sputnik Brasil - Brazil | Monday, 20. July 2015

Global perspectives: Europe lacks a vision for the future

The EU's decision makers seem to lack any real strategy and are simply postponing the problems in the Greek crisis instead of dealing with them, Antonio Gelis Filho, professor of international politics at the Gétulio Vargas Foundation comments in an interview on news website Sputniknews Brasil: » more


Corriere della Sera - Italy | Wednesday, 22. July 2015

Greek crisis: For Federico Fubini Athens is a plaything for apologists

For some time now the crisis in Greece has served only as a symbol used by politicians and intellectuals to strengthen their own arguments, comments economist Federico Fubini in the liberal-conservative daily Corriere della Sera: » more


Der Standard - Austria | Monday, 20. July 2015

Greek crisis: ECB is the wrong whipping boy

The centre-left daily Der Standard picks apart the accusation that the ECB has broken the government in Athens by freezing emergency loans for Athens before the referendum, thus forcing the banks to close: » more


Main focus of Tuesday, 21. July 2015

Hollande wants a government for the Eurozone

Against the backdrop of the debt dispute with Greece, François Hollande has spoken out in favour of a Eurozone government. This would require its own ... » more


Diário de Notícias - Portugal | Tuesday, 21. July 2015

Hollande wants a club within a club

Hollande's proposal for a government of the Eurozone is a threat to Europe, the liberal-conservative daily Diário de Notícias complains: » more


Gazeta Wyborcza - Poland | Tuesday, 21. July 2015

Fear of Berlin overtakes fear of markets

Hollande's calls for a Eurozone government are ultimately aimed at limiting Germany's power, the liberal daily Gazeta Wyborcza concludes: » more


La Repubblica - Italy | Tuesday, 21. July 2015

Greek crisis: Massimo Cacciari on the lack of German authority

The accusation that Germany aims to establish itself as the leading power in Europe through its dominant role in the Greek crisis is unfounded, philosopher Massimo Cacciari argues in the centre-left daily La Repubblica: » more


Lost in EUrope - Belgium | Monday, 20. July 2015

Germany scuppers Eurozone government

Hollande's idea of a European avant-garde will remain a dream because it does not have Germany's support, fears Eric Bonse in his blog Lost in EUrope: » more


24 Chasa - Bulgaria | Monday, 20. July 2015

Greek crisis: Bulgaria must help save Athens for its own sake

Greece is being financed with funding from the EFSM bailout programme until the negotiations for its third bailout are completed. Bulgaria also contributes to the EFSM and will guarantee roughly 0.3 of the loans. This may seem unfair to many Bulgarians but it is in their own best interests to go along with the deal, points out journalist Evgeni Petrov in the daily newspaper 24 Chasa: » more


Le Monde - France | Tuesday, 21. July 2015

Euroscepticism could endanger budget union

Hollande's proposal can only be successful if the debate about further European integration is rid of discordant voices, the centre-left daily Le Monde admonishes: » more


Main focus of Monday, 20. July 2015

Prices rise for Greek consumers

This Monday a rise in VAT will increase the price of many consumer goods in Greece. The step is part of the austerity package that ... » more


Welt am Sonntag - Germany | Sunday, 19. July 2015

Eurozone needs more mobile workforce

Pumping more and more emergency relief into crisis-ridden countries will not save the Euro, writes the conservative weekly Welt am Sonntag, calling instead for more mobility among workers in Europe: » more


Naftemporiki - Greece | Monday, 20. July 2015

Athens politicians stir up citizens' anger

Greece's politicians don't really support the reforms stipulated in the new bailout programme and will hardly be able to implement them, the conservative daily Naftemporiki concludes: » more


Dennik N - Slovakia | Monday, 20. July 2015

German discipline kills romantic European ideal

While Greece is doing its homework Germany is seizing the opportunity to remodel Europe in its own likeness, the liberal daily Dennik N fears: » more


Tages-Anzeiger - Switzerland | Monday, 20. July 2015

Europe becomes an economic boarding school

The agreement between Greece and its creditors concludes with the words: » more


Main focus of Friday, 17. July 2015

The next hurdle in the Greek bailout

The parliaments in Berlin and Vienna will vote today on the start to negotiations of a new bailout package for Greece. On Thursday the EU ... » more


El País - Spain | Friday, 17. July 2015

Parliament vote in Spain just an election tactic

Spain's ruling party Partido Popular (PP) wants to let the Spanish parliament vote on the bailout for Greece. These democratic impulses are nothing but election propaganda, the centre-left daily El País comments in annoyance: » more


El Tiempo - Colombia | Friday, 17. July 2015

Greek crisis: Where is the globally admired Europe?

Only by remembering the original values of European unity will the straying continent find the right path out of the smouldering Greek crisis, Columbia's largest daily El Tiempo observes: » more


Al Jazeera - Qatar | Wednesday, 15. July 2015

Greek crisis: Jan Keulen on the EU's fading brilliance

The Greek crisis has done lasting harm to the EU's self-image, the website of the Qatari broadcaster Al Jazeera believes: » more


ctxt.es - Spain | Tuesday, 14. July 2015

Greek crisis: Incompetent and ill will regarding Athens

The way the creditors have treated Greece is a low point in Europe's post-war history, the centre-left portal ctxt.es comments: » more


Le Courrier - Switzerland | Tuesday, 14. July 2015

Greek crisis: Syriza's defeat also brings hope

The government in Athens has brought Europe forward by showing just how cruel the EU is, the Christian-social daily Le Courrier writes: » more


Corriere della Sera - Italy | Wednesday, 15. July 2015

Greek crisis: For Sabino Cassese the EU has shown its democratic mettle

Europe has taken a step forwards thanks to the Greek crisis, constitutional judge Sabino Cassese writes in the liberal-conservative daily Tageszeitung Corriere della Sera: » more


Dnevnik - Slovenia | Tuesday, 14. July 2015

Who's Faust and who Mephistopheles?

In the last few days of the Greek debt dispute it's been hard to tell who is in the role of Doctor Faust and who in that of Mephistopheles, the centre-left daily Dnevnik concludes: » more


La Repubblica - Italy | Tuesday, 14. July 2015

Europe has taken away Greece's sovereignty

Europe has deprived Greece of its sovereignty and is treating it like a little child, Lucio Caracciolo writes in anger in the centre-left daily La Repubblica: » more


Wiener Zeitung - Austria | Tuesday, 14. July 2015

A deal with an unpleasant aftertaste

The agreement between Athens and its sponsors is on the whole a good thing but the way Germany imposed its will was wrong, the liberal daily Wiener Zeitung comments: » more


Sme - Slovakia | Tuesday, 14. July 2015

The Eurozone's unrealistic dictates

The Eurozone's demands of Athens are unacceptably harsh, the liberal daily Sme criticises: » more


Tages-Anzeiger - Switzerland | Tuesday, 14. July 2015

Buying time for an orderly Grexit

Like the agreements that preceded it the latest compromise in the Greek crisis only serves to buy time, the centre-left daily Tages-Anzeiger comments: » more


El Huffington Post - Spain | Tuesday, 14. July 2015

Greek crisis: Mauro Guillén sees Paris and Berlin on course for divorce

The Greek crisis has made it clear that France and Germany have very different standards on the path to European unity, Professor of political economy at the University of Pensylvania Mauro Guillén comments on El Huffington Post website: » more


Ziare - Romania | Tuesday, 14. July 2015

Tsipras has only made things worse

The austerity measures demanded of Athens in exchange for the new bailout are all the more drastic because Prime Minister Alexis Tsipras hesitated for so long, writes journalist Ioana Dogioiu Ene on the Romanian news website Ziare: » more


Kathimerini - Greece | Monday, 13. July 2015

Athens needs a new government now

After the new deal reached on Monday it looks like the leftist alliance Syriza will break up. The conservative daily Kathimerini believes Greece now needs a new government: » more


El Mercurio - Republic of Chile | Sunday, 12. July 2015

Greek crisis: Athens must swallow bitter pill

As was the case with Chile, the Greeks have no alternative but to pursue a rigorous austerity policy, the conservative Chilean daily El Mercurio writes: » more


Jutarnji list - Croatia | Monday, 13. July 2015

Agreement will strengthen the EU

The negotiating partners in the Greek crisis seem to be aware of their historical responsibility, the liberal daily Jutarnji List writes in praise: » more


Le Figaro - France | Monday, 13. July 2015

Only trust can hold the continent together

For the EU to have a future at all it must learn from the Greek debt crisis and foster new trust among its members, the conservative daily Le Figaro believes: » more


Der Standard - Austria | Monday, 13. July 2015

Greece driving a wedge between Paris and Berlin

The negotiations with Greece also dealt with the balance of power in the Eurozone, the centre-left daily Der Standard comments: » more


Der Spiegel - Germany | Saturday, 11. July 2015

Europe needs its own financial government

The monetary union was flawed from the start and is badly in need of repair, the news magazine Der Spiegel warns: » more


Právo - Czech Republic | Monday, 13. July 2015

Emotions replace arguments

The tough negotiations on the weekend show that it is becoming increasingly difficult for the EU to reach workable compromises, the left-leaning daily Právo writes: » more


Blog Pitsirikos - Greece | Sunday, 12. July 2015

Greek crisis: Eurozone will break up

The Eurozone will soon be history, blogger Pitsirikos writes in an attempt to soothe his readers' fears: » more


 

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