Tag Archives: Government spending

06Jul/15

Greece a flashpoint for Europe?

(Reuters Business Report) – Don Quixote: a Spanish literary hero famous for tilting his lance at imaginary foes – like windmills.

Austerity though – that’s seen as a very real enemy.

Many Spaniards in solidarity with ordinary Greeks.
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05Jul/15

European Parliament President doubts Greek banks will reopen, warns of ‘dramatic’ times ahead

European Parliament President Martin Schulz doubts Greek banks will reopen this week, calls for emergency humanitarian aid for Greece and demands the government make meaningful proposals on its debt to stave off ‘dramatic’ times.

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05Jul/15

Greeks defy Europe with overwhelming referendum ‘No’

(Reuters Business Report) – There was no mistaking the mood in Athens in front of Parliament Sunday night.

Official figures show a whopping 61 percent of Greeks overwhelmingly rejected the terms of an international financial bailout… overturning opinion polls that had predicted an outcome too close to call.
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