Search: Greece,Germany (4 materials)

The Men and Women of Ruins

... sent Germany into a rage. Merkel and Schäuble abandoned covenants and directed the EU’s political and economic might against the Greek prime minister, forcing him to resume negotiations with what he viewed as a license for resistance. But Germany made short shrift of Greece, just to show all the others that unwarranted improvisations are punishable. It went too far this time, frightening not only, and not so much, Greece, as all its other partners, primarily France and Italy. Francois Hollande, who used to do as Merkel ...

29.07.2015

The Eurexit and the Greek “Day After Tomorrow”

... should we call this process “weird”? First because of the text that is to be signed by the European parliaments. This piece of paper is not the end of the story between Greece and its creditors. On the contrary, it is a new start for both Greece and Germany as well as Europe more generally. The second reason is due to the process of negotiations itself. However, since the E.U. is a “family”, the use of threats and blackmail was too obvious. Nonetheless, these main questions should not ...

23.07.2015

EU Impaired by Greek Deal

... national parliaments. More immediately, the issue of bridge financing to cover Greece’s upcoming payment of seven billion Euros to the ECB and IMF on the 20th of July further provides time for the deal to crash before finalization. Implications Germany is pursuing a policy that, supported by fellow hardline states like Finland or the Netherlands, exacts the highest price from Greece in terms of concessions. But Greece agreed to the terms, providing Berlin with plausible deniability as a driver of the crisis. The Greek government is now in a worse position: it must successfully implement the harshest austerity measures yet ...

15.07.2015

The Negotiations' Deadlock, the New Europe and the Greek Drama

... Combining those problems with the Greek debt (180% of GDP) the Greek issue is not only a special circumstance but also, a calamitous fiscal cocktail. The German View AP Photo/Lefteris Pitarakis Protesters hold placards during a rally to show solidarity with Greece, Sunday, Feb. 15, 2015 Germany is without a doubt the most powerful state in the E.U. and within the eurozone. A few weeks ago George Friedman published an article “The Grexit Issue and the Problem of Free Trade” where he supports the idea that the Greek problem ...

18.06.2015

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    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
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