Friday March 27, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
No going back on our word

The debt crisis is spreading across the continent, creating the need for a pan-European solution. There are growing calls for Berlin and Brussels to change the fiscal policy mix for the nations of the south. However, it would be a criminal mistake to believe a decision to ease the austerity measures would allow the next Greek government to break its commitments to its creditors. Whoever cultivates this impression will be making a major faux pas -- equivalent to George Papandreou’s “The money exists” comment.

Changing the policy mix would only be a possibility after Greece has sent clear signs of cuts and reforms. We should not expect God-given gifts simply because the crisis is spreading across the eurozone. Regardless of what happens in the rest of Europe, Greece will have to form a strong coalition government and restore some of its credibility before it can claim some fiscal easing or a serious package of economic incentives.

ekathimerini.com , Sunday April 22, 2012 (21:51)  
Time to get moving
The same old story
A competent crew is key
A new rule book agreed by all
Clocks go forward one hour on Sunday
Clocks should be set forward by one hour at 3 a.m. on Sunday morning to read 4 a.m. as daylight saving begins. The change will mean the loss of one hour's sleep, but also an additional hour ...
New Democracy´s political council convenes to decide line opposite gov´t
The political council of the main conservative opposition New Democracy convened on Friday morning to decide on the line the party should take vis-a-vis the SYRIZA and Independent Greeks rul...
Inside News
Bundesbank´s Weidmann says euro zone debt in ´danger zone,´ opposes more aid for Greece
Debt in the euro zone has entered the "danger zone," the head of Germany's Bundesbank said on Friday, calling for banks' exposure to the debt of individual countries to be capped. "In the eu...
Greek future as trade hub in limbo amid Syriza split on railways
As dusk falls on the plains outside the northern Greek city of Thessaloniki, Georgios Plaitakis opens up the throttle of his diesel-powered passenger train and settles in for the nine-hour j...
Inside Business
BASKETBALL
All is well that ends well for Olympiakos
Young Ioannis Papapetrou helped Olympiakos stage an impressive last-quarter performance to beat visiting Efes Anadolu 86-75 on Thursday and bring its Euroleague losing streak to an end. The ...
BASKETBALL
Reds survive KAO Dramas scare in Piraeus
KAO Dramas gave depleted Olympiakos a scare at the Peace and Friendship Stadium on Monday, but the league leaders eventually managed to get their 20th win in 21 games. The Reds won by 10 (72...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Bundesbank´s Weidmann says euro zone debt in ´danger zone,´ opposes more aid for Greece
2. Clocks go forward one hour on Sunday
3. Greek future as trade hub in limbo amid Syriza split on railways
4. New Democracy´s political council convenes to decide line opposite gov´t
5. All is well that ends well for Olympiakos
6. Greek government seeks balanced reform package
more news
Today
This Week
1. New Democracy's political council convenes to decide line opposite gov't
2. Greek future as trade hub in limbo amid Syriza split on railways
3. Clocks go forward one hour on Sunday
4. Bundesbank's Weidmann says euro zone debt in 'danger zone,' opposes more aid for Greece
5. Greece optimistic on deal with euro area next week
6. Opposition renews calls for minister to resign over legal cases
Today
This Week
1. Next Monday is D-Day for state funds
2. Total victory is unattainable
3. EU asks Greece for more reforms to speed talks on bailout
4. PM faces Merkel amid race to detail reforms
5. Some more equal than others
6. New book by ex-US diplomat delves deeper into the recesses of Greek terrorism
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.