The truth of the matter is that the Greek people will never see the bailout funds being used for growth or to reboot the Greek economy, as the European leadership claims. The €86 billion will be paid out in tranches
The challenge for the European Union and its member states, particularly Germany, is in balancing the often incongruous demands of co-operation and self-interest, and thus demonstrate to their own citizens that concrete achievements can still create a Europe of solidarity and prosperity as Schuman envisaged.
The insistence on keeping wages down, stripping away bargaining power from workers, forcing small business owners to pay taxes a year in advance, and cutting pensions will only hamper demand and lead to a deepening spiral of debt.
Don't get me wrong, the Mona Lisa's got a lovely smile and all, but there's something soul-crushing about how she's displayed: stowed away in glass, surrounded by hordes of sightseers throwing up "gang symbols" and cheesy smiles for their selfie sticks.
Perhaps the worst news for the Greeks is that the Germans have gone "radio silent." When the Germans were beating up the Greeks daily in the press, the Greeks were getting sympathy ... no more. Greece is on its own.
The picture in the Middle East these days is not good. The hybrid terrorist-army known as ISIS has conquered an area in Syria and Iraq that is larger than Britain and have taken the eight million people suffering in their proto-state/"Caliphate" back to the Middle Ages.
LOL, what a joke! Unfortunately, the joke is on us as Monday's silly low-volume rally has already been completely erased in this morning's Fu...
Landon Thomas, Jr. of The New York Times reports that the International Monetary Fund (IMF) might not pony up any cash for the third Greek bailout. To calculate the odds on whether the IMF will, or will not, contribute bailout funds requires knowledge of the IMF's little Greek secret.
A shadowy yet powerful organization begins to exert pressure on King Theoden of Rohan to bend to its will -- yes, the wizard Saruman and his minions at Isengard, better known to us as the International Monetary Fund.
The comforters aren't stacked straight, and it's driving Thal Tembelis crazy. He scrambles up a step ladder and adjusts the plastic packages so they are lined up in the light like soldiers at roll call.
Small countries often have no choice but to align themselves with larger economic entities, as for instance the Baltic countries have done inside the European Union. But Poland is not a small country. It is the sixth largest EU country by population, and the largest country in East-Central Europe (twice the size of its nearest competitor, Romania).
Deliverance or calamity, recession-oriented or development-oriented, the "best possible agreement," or the "worst of them all," the new agreement between Athens and its creditors still has an uncertain fate and even more uncertain consequences.
World-class chefs should visit Paros to learn a few things from grandma and her daughter. As for everyone else, they'll leave Paros feeling as if they have family awaiting them in the Cyclades.
Have some empathy for the struggling families that inevitably bear the brunt of economic disasters, despite the bankers and lawmakers who continue to encourage and profit from irresponsible behavior.
The beauty of Greece lies in the different characters of her mainland and her islands. The history of Greece is vast and long and every part of Greece...
Considering remoteness, adventure, and sheer adult pleasure, here is a list of the best places to get to before the miracle known as parenthood overcomes you.