Tag Archives: Greece

For thousands of refugees, the Mediterranean Sea is the last obstacle. On distant shores lies Greece, a center for displaced persons. In 2016 alone, over 50,000 refugees applied for asylum in Greece. Thousands more are to join their ranks since then. Hundreds drown in capsized vessels and makeshift rafts every year — a grim testament to the hardships many refugees are willing to endure for the chance at a better life.

ASEAN economic cooperation has a good deal to teach Europe in terms of focusing on ‘best practices’ rather than just national treatment and emphasising ‘open regionalism’ rather than just ‘intra-regionalism’. It would be a grave mistake for ASEAN to follow the European example in the monetary realm before its time.

President of the European Commission Jean-Claude Juncker has responded to the public outcry over the immigration crisis by urging European leaders to show solidarity and resist the message of populist parties.

Undocumented refugees fleeing conflict and poverty are most vulnerable to exploitation.

Despite the European Commission’s pronouncement of a Grexit scenario having been in place, this seems unlikely. In all likelihood it will be the euro that will suffer more and possibly fall apart if Greece exits in one way or another.

If demand in China continues to weaken or if the Greek tragedy drags Europe and the rest of the world into the mire, then energy stocks would be hard hit. That is why protecting positions with stop loss orders is essential if you buy into the sector here.

What decision would Greece be challenging? It would be a decision adopted by the EU institutions and the Eurogroup finance ministers to force a Greek exit of the eurozone due to its default on fulfilling the obligations attached to its participation in the monetary union and the conditions attached to Greece’s bailout program.

Europe has its first far-left party since the financial crisis. What is Syriza and why does it matter? Will Greece really leave the euro? All your questions answered.

Reliance on Germany to rescue the Eurozone assumes it has a magic formula to secure prosperity. Far from it.

Greece is raising the prospect of debt relief with international lenders as Prime Minister Antonis Samaras announced a primary surplus of 1.5 billion euros as proof the country’s battered economy will begin to rebound this year.   Samaras said, however, he is keen to avoid a third bailout that may contain additional austerity measures, which he has repeatedly rejected, and …