... because of the text that is to be signed by the European parliaments. This piece of paper is not the end of the story between Greece and its creditors. On the contrary, it is a new start for both Greece and Germany as well as Europe more generally. The ... ... loans made under Memorandums I and II were created to protect Germany’s and France’s bonds. Without any doubt, the Eurozone project is very weak. Moreover, the leaders of the Eurozone states did not prevent the difficulties that Eurozone itself ...
... February, opening the door to an extension of the bailout program and further talks on the future of reform efforts. In view of the eurozone’s evolving architecture and the German government’s insistence on a certain version of
Ordoliberalismus
... ... highest political level. But the ultimate deadline seems to be the end of June, when Athens faces substantial payments to the IMF. Greece is likely to leave the eurozone and possibly the EU if it fails to reach an agreement to unlock a €7.2 billion bailout ...
Grexit: Economic Implications for Greece, EU and the Rest of the World
The January 25, 2015 could be perceived as a milestone for both Greek and European political reality. If we take as a given that the eurozone crisis is a problem with many international implications, we will understand that Syriza party is something new within the international system. The important issue is the interaction among the key actors of this negotiating process. What are ...
... but her benefits in marble”
The upcoming January 25, 2015 national elections in Greece highlight a major challenge as they present a struggle between anger against... ... debt-servicing bill declined because private financial investors have been replaced by Eurozone countries which currently own 60 % of Greece’s €322 billion government... ... Relief”, Wall Street Journal, January 16, 2015
13
. Ibid.
14
. Court of Justice of the European Union, Press Release No 2/15 Luxembourg, 14 January 2015.
15
. Jana Randow...
