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Germany

Germany and IMF Pile Pressure on Greece to Adopt Tougher Pension Rules

Germany and the IMF appear to be unhappy with the Greek government’s pension reform plan, but details are still fuzzy. Greek Prime Minister Alexis Tsipras had been asked by Greece’s international creditors at the height of the crisis last summer...

Greece Accepts IMF Role in Third Bailout

As expected, Greece has given in to German demands that the International Monetary Fund (IMF) continues to have a role in the third bailout agreement, signed by the SYRIZA-led government in August 2015. The announcement was made by Eurogroup President Jeroen...

Charlie Hebdo Overdoes Itself with Death of Little Syrian Boy Aylan

When satire is used as a vehicle for spreading hate and to inflame public opinion, the case can be made that it no longer reflects an expression of free speech but rather a political tool that, more than anything...

First Ever Greek Film Festival in Berlin, Sponsored by Marketing Greece

"Little England" will be the opening film at Hellas Filmbox Berlin, the first Greek film festival to take place in Berlin, Germany. The festival will welcome its cinephile audience at Babylon cinema from January 21 to 24, 2016, promising...

Germany Remains Adamantly Opposed to Greek Debt Relief

No matter how one feels about Germany’s handling of the Greek debt crisis, one must admit that the masters of the Eurozone are thoroughly consistent in their views and do not oscillate back and forth, like the ECB does,...

'Lagarde List' Scandal Takes a New Twist

Years after the tax fraud scandal with the Swiss bank accounts known as the "Lagarde list" ignited public indignation in poverty-stricken and financially bankrupt Greece, the matter has taken a new twist as the western state of North Rhine-Westphalia...

2016 | Annus Horribilis

  If you didn’t already have enough to be nervous about, just consider the early hours of 2016. January 1 brought above freezing temperatures to Antarctica, below freezing temperatures to Damascus, Dubai quite literally was overshadowed in a fiery inferno and...

Germany Registers 1.1 Million Migrants in 2015

Nearly 1.1 million people registered as migrants within the German borders last year. In figures released Wednesday, Germany said 428,468 migrants were part of the flood of people exiting Syria. Syrians, fleeing a violent war at home, were by far the largest...

George Soros: Greek Economy will Never Recover within Eurozone

"Greece will never recover as long as it is a member of the Eurozone," said well-known investor George Soros, adding that the country will never be able to repay its debt under current conditions. In an interview with Wirtschaftswoche magazine,...

Stratfor Report: 'Collapse of Greek Government Cannot be Ruled Out'

In 2016, Greece will be far from exiting recession, unemployment will remain high and the government will face citizen dissatisfaction and social unrest, according to a Stratfor report. "The government of Prime Minister Alexis Tsipras faces two main problems: political...