Financial Times
Business
Foreign Press On Cyprus "No" Vote
The "no" vote from the Cypriot Parliament to the Eurogroup bailout plan has been the dominating issue in headlines of the international press, which cite that processes highlighted the European failure concerning the strategy to facing the debt crisis...
Europe
Financial Times: ‘Return to Drachma Could Lead to Successful Recovery’
A new Financial Times article brings a fresh idea to the table. Under the title “Greece’s exit may become the euro’s envy,” writer Arvind Subramanian expresses a radical view, saying that despite the initial destructive effects of the default, the...
Europe
Financial Times: Greece Must Participate in the 2012 Olympic Games Despite Funding Cuts
Financial Times are acutely criticizing the decision of SEGAS to suspend any operation to protest against cuts to its budget, thus jeopardizing Greece’s participation in track and field events at the London Olympics.
“The funding crisis for the Greek team...
Europe
Financial Times Rank Venizelos Worst FinMin Within Eurozone
Uk newspaper Financial Times ranked Greek Finance Minister Evangelos Venizelos as the worst minister for finances in Europe for 2011.
Venizelos got the worst rating in terms of political ability, economic performance and credibility in the markets and landed at...
Greece
FT Deutschland Report: "Prime Minister Papandreou has Considered Resignation"
Financial Times Deutschland reported that Greek Prime Minister George Papandreou has been considering resignation from his current position as Greece's leader.
The German newspaper claimed that sources from the Greek PM's environment gave them information over the past three weeks...
Economy
Financial Times Says Greece Will Declare Default
According to an article in the Financial Times, the second economic support package will be a waste of money due to the very small participation of individuals and the conflict between Finland and other members of the Eurozone...