Greece: Between Scylla And Charybdis
09 July, 2015
Greece: Between Scylla And Charybdis
Donald Tusk: “Only five days to avoid Grexit.”

Whether the eurozone remains whole will be finally solved on July 12th in Brussels, where EU member states and Eurozone leaders will gather for an emergency summit.

Paul Krugman: “Europe’s self-styled technocrats are like medieval doctors who insisted on bleeding their patients” 

European leaders gave Greece a harsh ultimatum Tuesday night: Reach a new bailout agreement with its creditors by Sunday or face bankruptcy and expulsion from the Euro currency system.
According
to European Council President Donald Tusk, there are only five days left to avoid Grexit.
“The final deadline ends this week,” said Tusk after emergency talks in Brussels.
Greece remaining in the Eurozone is supported by European Commission President Jean-Claude Junker. However, as he said, Greeks had to “tell us where they are headed” by the end of the week.
According to the AP, German Chancellor Angela Merkel issued a poorly veiled warning to Tsipras, saying “We are no longer talking about weeks. We are talking about very few days.”

Thomas Piketty: “Europe was founded on debt forgiveness and investment in the future”

Meanwhile, Greek Prime Minister Alexis Tsipras has called for the European Union to avoid division, as indebted Greece struggles to stay in the Euro. At one of the stormy debates in the European Parliament, he said “Let’s not let Europe be divided”.
After the Greek bailout referendum that took place last Sunday, it can be said that Europe’s opinions on Grexit are divided.
The prominent French economist Thomas Piketty, who rocketed to fame last year with his book on income inequality, “Capital in the Twenty-First Century,” is slamming Germany’s refusal to consider debt relief for Greece.
In an interview with the German newspaper Die Zeit, Piketty claimed that Germany didn’t pay its external debt after World War I and World War II and thus has no standing to lecture other nations.
“We need to look ahead. Europe was founded on debt forgiveness and investment in the future,” Piketty said.
Greek referendum results were supported and praised by Icelandic politician and former Minister of the Interior Ogmundur Jonasson.
“Here in Iceland we are with you in spirit,” he wrote in his article “Thank you, Greece!”.
According to to him, rather than owning up to their mistakes and shouldering the costs, the leaders of Europe are looking for scapegoats.
“They display an appetite for execution. “Someone must suffer”, they think, and thus they have punished the most vulnerable among them. Writing off all of Greece´s debt would not have the disastrous effect on the Eurozone economy that has been marketed,” wrote Jonasson.
Iconic American economist Paul Krugman believes that Europe is acting like a medieval doctor that bleeds his patients.
He also takes the somewhat contrarian position that Greece’s best bet is to exit the Euro, which has provided it with little to no help in time of need. Though this is no easy feat, it is the “best of bad options,” as he claims:
“If Greece ends up leaving the Euro, it won’t mean that the Greeks are bad Europeans. Greece’s debt problem reflected irresponsible lending as well as irresponsible borrowing, and in any case the Greeks have paid for their government’s sins many times over. If they can’t make a go of Europe’s common currency, it’s because that common currency offers no respite for countries in trouble. The important thing now is to do whatever it takes to end the ‘bleeding’,” wrote Krugman in his blog post titled “Ending Greece’s Bleeding”.
Meanwhile, a meeting of all 28 members of the EU is scheduled for Sunday be - the day after the new Greek proposals are expected to be discussed by the Eurozone finance ministers.

Author: Mari Javakhishvili


“What will happen tomorrow?” - Georgians in Greece

According to Georgians living in Greece, the course of events in the country is taking a turn for the dire – explicitly so. Labor migrants are leaving in droves, many of our compatriots among them.

Nesi Robakidze, a Georgian living in Athens:

– This is our second country, our second homeland. A country that has taken Georgians in, accommodated us and given us an opportunity to feed our families back in Georgia. And now it is consumed by panic. The banks are closed; the people are left without salaries. ATMs do not give out more than 60 euro per day and money transfers to Georgia are temporarily blocked. They promised to pay me my wage tomorrow, but the problem is that we are all afraid of what this “tomorrow” might bring.

Mari Davitashvili, a Georgian living in Athens:

– All of my Greek friends and acquaintances are panicking. They do not want to leave the Eurozone. However, there are those who welcome it – mainly older people.

– For what reason?

– They do not want Europe. People of their age think that European values – something that is at the foreground at the moment – clash with the Greek mentality and way of life. This isn’t the first time I heard something like this. “We are a country with a different history, why are they imposing on us the values that we never had?” they would say. “Europe has turned us into a scapegoat and punishes us for mistakes of others!”

– All things considered, are Georgians living in Greece in danger of losing their jobs?

– Very much so, unfortunately. Many have already lost them and many more will likely follow. Those who had their documents in order managed to outrun the events by leaving for Italy and then to other countries.

– What about returning to Georgia?

– And what am I supposed to do there?! Judging by the news, the situation there is even worse.

Print
Other Stories
International observers about the presidential election in Georgia
The presidential election took place on the 28th of October in Georgia.
First Ladies of Independent Georgia
The presidential election took place on the 28th of October in Georgia. It was the last election in which the president will be selected by popular vote.
Funny incidents on Election Day in Georgia
The presidential election took place on the 28th of October in Georgia.
Deadline for the second round of presidential elections in Georgia is December 2
Presidential elections were held on the 28th of October in Georgia. None of the candidates managed to get majority of votes, so the second round of elections is to be appointed.
The USA National Security Advisor John Bolton is in Georgia
National Security Advisor of the United States John Bolton visited Georgia today.
People are detained at the Cannabis Festival
Today, Georgian political movement Girchi holds an event in the Dedaena Park called the Cannabis Festival.
Top safest countries and Georgia is among them - new survey says
Georgia is among the safest countries in the world. This fact is substantiated by various surveys and researches.
Who is interested in the cultivation of cannabis in Georgia?
Several weeks ago the government announced about its initiative to legalize the cultivation of medical marijuana in Georgia.
Fight in Gori – head of administration uses a bin full of manure
There was an incident yesterday in Gori municipality, Georgia at the entrance of the municipality building.
2 Georgian detainees freed from the Tskhinvali prison
Georgian detainees Maia Otinashvili and Akaki Dotiashvili are freed from the Tskhinvali prison. They had been accused of illegally crossing a so-called the borderline into the occupied Tskhinvali region.
Georgia might provide Far East countries with armored vehicles
LEPL State Military Scientific-Technical Center "Delta" might provide several Far East countries with armored vehicles, - “Delta” has informed InterPressNews about it.
Who can be the next first lady of Georgia?
On the 28th of October, presidential elections will be held in Georgia. The last elections in October 2013 resulted in a victory for Giorgi Margvelashvili, a candidate of the Georgian Dream (the ruling party).
Another Georgian kidnapped at the occupational line, stays detained
Maia Otinashvili (a mother of three children) was detained in her own garden on the 19th of September. Eyewitnesses claim that she was kidnapped by armed people with masks.
Fight broke out in the Georgian TV show
Fight in the Georgian Show Archevani (a choice) broke out between the guests yesterday.
7 amendments that come in force today in Georgia
On the 1st of October, 7 new amendments come in force in Georgia.
Speaker of the parliament plays Knockin' on Heaven's Door
What do the politicians do when they have free time? It is an interesting issue in every country.
What are the new New Year decorations for Tbilisi
New Year decorations and its price in Tbilisi is always a matter of discussion in the capital.
Mamuka Bakhtadze gives a speech at the 73rd session of the UN General Assembly
Mamuka Bakhtadze, the prime minister of Georgia is attending the 73rd session of the UN General Assembly from the 24th of September.
Georgia will ban use, import and production of plastic bags
The Georgian government has decided to tighten rules regulating use of plastic bags in Georgia.
The parliament returns to Tbilisi
The Parliament of Georgia will continue working in Tbilisi, the capital of Georgia from January 2019. Currently, the building is located in Kutaisi (west Georgia).
Mamuka Bakhtadze is visiting the USA within the working visit
The Georgian PM Mamuka Bakhtadze Brought a wreath to the tomb of the Georgian military serviceman John Malkhaz Shalikashvili.
Use of plastic bags to be reduced from the 1st of October
Within the framework of the Green Economics and Environmental Protection Policy the Georgian government has approved new regulations
Four Russian Journalists have not been allowed to enter Georgia
Three members of the Russian delegation were not allowed to enter Georgia as this would have violated the Law on the Occupied Territories of Georgia.
Tbilisi sign may appear on the Funicular hill
Hollywood has become a source of inspiration for many people worldwide. A similar idea from a Tbilisi citizen sounds very clever and attractive.
Russia was at an undeclared war with Georgia for years - Matthew Bryza
I think anybody who has observed how Russia has been conducting its war in Ukraine should realize that Russia was at war with Georgia, an undeclared war for years,
PHOTO OF THE DAY
Exchange Rates
GEL Exchange Rate
Convertor
16.11.2018
17.11.2018
USD
1
USD
2.6818
2.6727
EUR
1
EUR
3.0299
3.0268
GBP
1
GBP
3.4332
3.4240
RUB
100
RUB
4.0185
4.0447
Other Stories
On 26 May, Jean-Claude Juncker, President of the European Commission, joined celebrations in the Georgian capital of Tbilisi
Violation of Georgia’s sovereignty and territorial integrity by Assad regime has been strictly criticized
Exactly one year ago, Georgia was granted visa-free travel with the European Union.
Georgia’s ex-president president Mikheil Saakashvili's supporters managed to free detained Mikheil Saakashvili in the center of Kiev.
The US Ambassador to Georgia Ian Kelly congratulates Georgia on Independence Day.
The regulations on the introduction of visa-free travel for citizens of Georgia have been officially signed in Brussels.
The entire Georgia is involved in Secret Santa game, which means that people are sending gifts to each other secretly
The Minister of Foreign Affairs of Georgia is taking part in NATO Ministerial underway in Brussels, Belgium.
A special squad has been mobilized at the 48th polling station in Marneuli, Kvemo Kartli region.
Two politicians in Georgia have come to blows during a live TV debate ahead of the country’s parliamentary elections, Euronews reports.
GEL Exchange
USD
1
USD
2.6727
EUR
1
EUR
3.0268
GBP
1
GBP
3.4240
RUB
100
RUB
4.0447
November 2018
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30