It won’t be easy for Greeks

It won’t be easy for Greeks

Written by: in: Politics

The Greek elections’ outcome came with a sigh of relief for Europe. Of course, European decision makers were prepared for the back-up plan, in which they would need to talk to the leader of populist SYRIZA, but those talks would be much more difficult and less predictable as to their final outcome. However, it will […]

Brussels’ knot

Brussels’ knot

Written by: in: Politics

The victory of Francois Hollande who has been sworn in as President of France on May 15 signalled the end of a continent-wide consensus around policies to confront the economic crisis. Mario Monti, Manuel Barroso, Mario Draghi, similarly to Socialist President Francois Hollande, start stressing the need to promote growth instead of German austerity measures. Herman Van Rompuy  announced a special summit […]

Europe is supported by one pillar only…

Europe is supported by one pillar only…

Written by: in: Economy

Not only in Europe but also elsewhere, people are commenting on the possible Greek’s exit from the eurozone. I am not going to dwell on that utopian socialist lamentation. When you read in a newspaper that a strong Europe says to Greece ‘you’ve done that yourself so don’t expect us to be merciful’ you can […]

On the likely benefits from the Greek lesson

On the likely benefits from the Greek lesson

Written by: in: Economy

The mass media, along with the political, social and economic authorities, flood us with comments on whether Greece leaves the Eurozone or not – and what costs Greece, the Eurozone and the world (including Poland) would have to bear. The markets suffer from consecutive tremors. A disaster is coming – they announce. Meanwhile, it would […]

Tourists avoid Greece fearing the consequences of the debt crisis

Tourists avoid Greece fearing the consequences of the debt crisis

Written by: in: Economy

The Europeans are afraid to book trips to Greece for their vacation, fearing the aftermath of the parliamentary elections planned for June 17. In the last weeks, the number of reservations dropped by half. ‘We have experienced a 50% decline in bookings since the elections on May 6,’ said George Drakopoulos, general director of the […]

Reflections On The Edge Of Bed

Reflections On The Edge Of Bed

Written by: in: Economy

Reflections on the destiny of the eurozone and on the steps being taken to avert the crisis reminds me of an old joke: one girlfriend whispers to the other that she has not enough sex in her new marriage and the other asks – Isn’t your husband interested in sex? – No, the former answers. […]

Positive effects of the crisis

Positive effects of the crisis

Written by: in: Economy

The economic slowdown that currently takes place in Poland has also some advantages, as it is the time when more traditional strategies work, all hooray-optimistic plans will fall apart and when the 100% mark-up has to be reduced. Fortunately, what we deal with in Poland is only an economic slowdown and not the recession, such […]

Economic and social crisis in Greece

Economic and social crisis in Greece

Written by: in: Economy

In spring 2010 Greece, unable to pay the debt off, turned for help to the European Union and the International Monetary Fund and received 110 billion Euros in installments spread over 3 years. A year after the negotiations in Greece – instead of reforms –came hard times, and the country is still plunged into crisis […]

The hidden fear of greece regarding aеgean issue

The hidden fear of greece regarding aеgean issue

Written by: in: Politics

In the last few months, the Macedonian public is preoccupied with the actual topic about the name issue that Republic of Macedonia has with our southern neighbor Greece. The topic in the media has been intensified especially after the failure Macedonia had with the unsuccessful NATO membership invitation on the summit held in Bucharest this […]

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