Greek Austerity: Reforms Failing Despite Billions in Bailout Funds – SPIEGEL ONLINE

This is an excellent article and a RECOMMENDED READ. Check it out!

via Greek Austerity: Reforms Failing Despite Billions in Bailout Funds – SPIEGEL ONLINE.

Despite all the pain in Greece, the structural reform seems very slow to emerge. Perhaps, all the cultures really are different in Europe and German national housekeeping is not transferable?

Coat of arms of Greece since 7 June 1975.

Coat of arms of Greece since 7 June 1975. (Photo credit: Wikipedia)

Any thoughts?

 

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‘We never asked to change the deal’ | Cyprus Mail

Polis, Cyprus

Polis, Cyprus (Photo credit: Wikipedia)

This is an VERY GOOD ARTICLE from the Cyprus Mail. Check it out!

‘We never asked to change the deal’ | Cyprus Mail.

Personally, I am not clear whether it’s about back-pedaling or just a bit of good old-fashioned political wiggle-room?

Any thoughts?

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