ATHENS — The Greek government has appointed a panel to determine whether Germany might still owe Greece money in reparations for Nazi war crimes, a move that indicates the extent to which the shaky coalition government in Athens is trying to appease lawmakers from the extreme right and left. Christos Staikouras, a deputy finance minister, on Monday signed a decision appointing four members of the
As the volunteers unpack their shopping bags of rice, milk and cooking oil, Goman Badder retreats to the room he lives in with his wife and their one-year-old son. For the 28-year-old Syrian Kurd, the deliveries are a mixed blessing: he is relieved that his family will not go hungry, but humiliated that it has come to this. He had hoped for better things for his son, asleep on the neatly made bed.
Imagine a scene from a dystopian movie that depicts our society in the near future. Uniformed guards patrol half-empty downtown streets at night, on the prowl for immigrants, criminals and vagrants. Those they find are brutalised. What seems like a fanciful Hollywood image is a reality in today’s Greece. At night, black-shirted vigilantes from the Holocaust-denying neo-fascist Golden Dawn movement
BERLIN — As gridlock among Greece’s political parties made new elections and another month of uncertainty there all but inevitable, European markets dropped significantly on Monday amid concerns that Greece’s departure from the euro was near, and right behind it a new round of financial instability for Europe and the outside world. Yet there were also indications emerging on Monday that the latest
Left-wing leader Alexis Tsipras: "If the austerity policies continue then the eurozone will be destroyed" Greek left-wing leader Alexis Tsipras has accused the EU and German Chancellor Angela Merkel of "playing poker with European people's lives" by insisting on austerity measures. Mr Tsipras' Syriza bloc is predicted to come first in new elections called for 17 June. Syriza wants to renegotiate G
Welcome to the Counterparties email. The sign-up page is here, it’s just a matter of checking a box if you’re already registered on the Reuters website. Send suggestions, story tips and complaints to Counterparties.Reuters@gmail.com At a time when it’s facing an ultimatum from Europe, Greece has given up its “nine-day hunt for a government.” New elections are on the way in June, and Greece’s anti-
ATHENS — Could Greece default on its debt and still remain in the euro zone? Greece’s most popular politician, the firebrand left-wing leader Alexis Tsipras, has more or less said why not. “We think it will be very hard for Europe to throw us out,” said Euclid Tsakalotos, one of Mr. Tsipras’s top economic advisers. But that attitude defies the conventional wisdom of the country’s elites, to say no
Some of us have been talking it over, and here’s what we think the end game looks like: 1. Greek euro exit, very possibly next month. 2. Huge withdrawals from Spanish and Italian banks, as depositors try to move their money to Germany. 3a. Maybe, just possibly, de facto controls, with banks forbidden to transfer deposits out of country and limits on cash withdrawals. 3b. Alternatively, or maybe in
Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. For the better part of six months now, mainstream politicians in Greece and their financial backers in northern Europe have threatened the country’s austerity-whipped citizens with a do-or-die proposition: suffer the short-term pain of government cutbacks or accept the longer-term
Protesters raise a Greek flag in front of parliament during a rally last year. Nearly 70% of Greeks want to stay in the eurozone – a fact reflected at the polls in the election earlier this month despite no single party winning a majority. Photograph: John Kolesidis/Reuters Protesters raise a Greek flag in front of parliament during a rally last year. Nearly 70% of Greeks want to stay in the euroz
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