Global News Journal

A reminder that Greece was not always democratic

September 24, 2009

Visitors to Greece’s capital these days cannot escape the fact that a general election is on he way.  But it is not just the constant discussion on television and the excited newspaper headlines about a U.S.-style debate between front runners that lets you know.

Athenians lament Attica forest destruction

August 24, 2009

Dark smoke covered the Athens sky over the weekend, its thick plumes rising over the Acropolis and rekindling memories of the huge, deadly fires of 2007 that nearly cost Greece’s ruling conservatives their re-election.

New Acropolis museum-perfect home for Parthenon marbles?

June 19, 2009

Black-robed Orthodox priests chanted and sprinkled holy water to bless Greece’s new, ultra-modern Acropolis Museum, which opens officially on June 20 with the hope of bringing back the Parthenon marbles from Britain.

Cyprus reunification talks – drowned out by shouting?

June 16, 2009

After months of Cyprus reunification talks, what comes out of the negotiating room more often than anything else, is shouting.

Scandal-plagued Greeks shrug off corruption

April 29, 2009

Bombarded with revelations of scandals for decades, Greeks have developed a slightly thick skin regarding graft. An opinion poll this week showed corruption was rated fifth among top voter
concerns, coming after the global economic crisis, education, crime and health.

from MacroScope:

Falling out of the euro zone?

January 9, 2009

The periphery economies of the euro zone are suddenly in the spotlight.  Credit rating agency Standard & Poor's has cut its outlook on Ireland's sovereign debt to negative. It worries that fiscal measures to recapitalise banks and boost the economy might not improve competitiveness, diversity and growth -- all making it harder to manage debt.

from MacroScope:

Political poster child?

January 7, 2009

George Alogoskoufis is a hardly a household name outside Greece and EU financial circles. But the newly sacked Greek finance minister could yet become a poster child for politicans struggling to fight off economic decline and banking industry collapse. His demise was in large part due to a public perception that he was helping out the banks but ignoring rising joblessness.