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Friday, 17 July 2015

Greece: The Greeks - Not Yet "Laughing All The Way To The Bank"...

But hopefully the smiles will soon return to their faces...

From The Guardian - "Mario Draghi reveals extra €900m in emergency funding and adds backing for debt writeoffs as hopes rise that Greek banks will reopen on Monday".

Kathimerini report

"Alexis Tsipras and the false prophets" (eKathimerini)

Reuters report - Europe moves to restore funding to Greece after bailout vote

Deutsche Welle  - Eurogroup approves launch of Greece bailout talks, ECB raises Greece ELA

Spiegel Online - A Government Divided: Schäuble's Push for Grexit Puts Merkel on Defensive

SPIEGEL Interview with Wolfgang Schäuble: 'There Is No German Dominance'

SPIEGEL: The American economist Paul Krugman has a clear position on that. The new aid program for Greece, he wrote in a recent column in the New York Times, is "pure vindictiveness" and a "complete destruction of national sovereignty." Do you share his view?

Schäuble: Krugman is a prominent economist who won a Nobel Prize for his trade theory. But he has no idea about the architecture and foundation of the European currency union. In contrast to the United States, there is no central government in Europe and all 19 members of the euro zone must come to an agreement. It appears Mr. Krugman is unaware of that.

Cabinet reshuffle (Euronews)

BBC News report

Varoufakis, BBC. MailOnline

Calvinists versus Cathlics? FT

From rage to resignation - A chastened nation, and its leader, face more hard choices (The Economist)

What lies ahead? Helena Smith, The Guardian

Richard Pine, The Irish Times - EU doesn’t care about Greece’s identity crisis: it’s payback time

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