Tag / greece
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Progress in Eastern Mediterranean Energy Cooperation
Israel, Cyprus and Greece are experiencing unprecedented positive diplomatic relations, particularly in energy cooperation. This summer, on June 15, these three former adversaries participated in a trilateral summit – the third of its kind. In a joint declaration, the parties affirmed their commitment to working on “energy efficiency, alternative fuel for transportation and smart mobility……
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Another Europe
The 2008 financial crisis threw European economies into turmoil and caused state debt to rise precipitously. The bureaucracy of the European Union in Brussels concluded that righting economic imbalances required indebted governments to implement harsh “austerity” policies. European states needing financial support or debt relief from the rest of the Eurozone were thus ordered to…
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Enough with Austerity
In the UK, the country I’ve called home for the past few months, we’ve now officially entered an unexpected double-dip recession. Like Obama, Prime Minister David Cameron inherited a huge debt. However, the British pound is much more vulnerable than the dollar, and the Tories decided to institute swift austerity measures for fear of becoming…
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![Greek Prime Minister George Papandreou (Photo by Vasilis Filis, Wikimedia Commons)]()
Greece Ruins Everything for Everybody
For those of you just joining the ongoing Greek debt/Euro crisis currently unfolding, here’s the abridged version: For years, Greece employed excessive public spending and unchecked debt growth to a blatantly unsustainable degree. Greek public culture grew around this expectation, to the extent that state dependence on employment and tax evasion were the norm. Then,…
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Should Turkey be a part of "Europe?"
Over half a century ago, the issue of Turkey becoming a part of “Europe” first arose. I use quotation marks because the notion of Europe differs depending in what context it is being discussed. In this particular context, I am referring to “Europe” as a supranational form of identity for individuals living on the geographical…
