2019: An unpredictable, confrontational and financially ominous year

The global outlook for 2019 was already looking unpredictable and dangerously confrontational, but the firing of US Defense Secretary, the moderate retired general Jim Mattis makes it exponentially more so. During the past few months ‘America first’ President Donald Trump has dismissed all the top three reasonable American policy makers. First it was the State Department […]

Greece bailout ends but with no substantial effect on citizens’ life

It was yesterday when the Prime Minister Alexis Tsipras stated from the Greek island of Ithaca that the austerity measures are over cheering for the Greek bailout programme exit. Mario Centeno, the chairman of the ESM’s board of governors, had said last Monday that Greece is once more a nation which doesn’t need any additional […]

Merkel had it her way with the refugees & immigrants but can Greece and Turkey deliver?

Early in the morning of 7th March, ahead of the first meeting in the series of the latest traumatic gatherings of the 28 EU leaders with the Turkish Prime Minister Ahmet Davutoglu, this newspaper argued that the EU had to prove on that day it could remain in one piece. This didn’t happen then. Last […]

“If they think they can slave an entire nation, then they will just have the opposite results!”, Alexis Tsipras cries out from the Greek parliament

The world is moving forward full speed ahead and the Greeks seem to be the heavy anchor that has not been effectively lifted. This time though it is nothing about the glass of the negotiations being half empty or half full, as the eurosceptics or the pro-Europeans would normally say. The glass broke last Wednesday […]

EU Summit’s major takeaway: a handkerchief cannot save Greece from austerity

After Wednesday’s Eurogroup where Greece’s Minister of Finance, Yanis Varoufakis, “agreed to disagree” with his European counterparts, Grexit enthusiasts had a reason to celebrate in the evening. However, they did not count for the modern Hercules, Alexis Tsipras, who came tieless to his first EU Summit yesterday in Brussels but with plenty and trendy new […]