Slavery, and Greece

One definition of slavery is “a person who is excessively dependent upon or controlled by something or someone”: is this how the Greeks are feeling now?

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Cyprus Saying it All

It is so interesting that in the divided island of Cyprus, the small and often disregarded independent northern state is stable and increasingly prosperous as it develops its links with Turkey and elsewhere while the larger south, locked into the Eurozone and controlled by the Troika is paying the price for its cavalier attitude to prudence and integrity in financial governance.

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The Battle for Power in the Eurozone

In the aftermath of the violent demonstrations in Greece and Spain, the battlelines between the people of the Eurozone and the politicians are clearly drawn now.

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Draghi’s ECB Bond Gamble

Mario Draghi’s pledge of limitless rebalancing of Eurozone members’ bad debts through a bond purchase scheme by the ECB will prove to be a controversial gamble risking the already unstable financial security of Europe and far beyond.

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The EU writing off Greece?

As Greece’s Prime Minister asks for more time to make his promised budget cuts, it looks increasingly likely that the EU will do little more to help this country in pain.

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The Eurozone Determined to Die, like a Bird

Within hours of the promise of bank funding for indebted Spanish banks, the next EU member states in need  – Italy and Cyprus – have begun to totter publicly, with more behind them. The great Eurozone project is in serious, visible trouble, but it is not bad news.

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Angela Merkel under Assault

Angela Merkel’s resilience to the universal assault on her position over the Euro and the future of Europe more generally is remarkable: her refusal to compromise on her beliefs nor to dilute her ethos to please others is praiseworthy, however “right or wrong” they may be.

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