|
RRI newsletter subcription
(e-mail address):
|
 |
Archives:
|
|
| Media Headlines 17/06/2011 |
| (2011-06-17) |
| Last updated: 2011-06-20 15:41 EET |
Greece is playing its last card, writes the daily paper Adevarul, reporting on the Greek Prime Minister’s decision to reshuffle some unpopular ministers in the hope of persuading the opposition, the people and his own party to agree to new austerity measures.
According to Adevarul, two Socialist parliamentarians have already abandoned the prime minister’s sinking ship. We find out from the same paper that the members of the European Commission have a “strong bad premonition” about Greece and the future of the euro zone. The daily Evenimentul Zilei also notes that prime minister George Papandreou asked the MPs of his own party to remain united to overcome the dramatic period the country going through.
Greek president Karlos Papoulias also called on Greek politicians not to make things worse by turning an economic crisis into a political crisis. The European commissioner for economic and monetary affairs Olli Rehn expects the European Union and the International Monetary Fund to disburse a new 12 billion euro payment, at the beginning of July, from the loan taken out by Greece.
The representatives of the International Monetary Fund, however, say the Fund will only make the payment if the Parliament in Athens approves the economic measures proposed by the government. In an article about the violent street protests that left dozens of people wounded, Evenimentul Zilei notes the Greek are unhappy with the “Spartan way of life” imposed by the government, including the budget cuts of 28 billion euros in the 2012-2015 period.
The daily paper Romania Libera asks itself if Greek bankruptcy is unavoidable and explains how the country itself has come to depend on Romanians’ savings. The 6 Greek banks operating in Romania, in particular the big banks, have serious problems in their home country. According to a report by the Japanese bank Nomura, the crisis in Greece will most certainly affect Romania and Bulgaria, while its consequences have already become visible in that the subsidiaries of Greek banks have restricted lending.
The financial paper Bursa notes that the euro depreciated on international markets, reaching a record 3-month low against the dollar, with investors expecting Greece’s debt situation to deteriorate.
Commentators say the problems of the euro zone will continue in the coming period. Bursa quotes Nout Wellink, a member of the European Bank for Development’s governing council, who noted that the bail-out fund for euro zone states should be doubled to 1,500 billion euros.
|
|
| |
WMA |
|
64kbps : |
1
2
3
|
|
|
128kbps : |
1
2
3
|
| |
MP3 |
|
|
64kbps : |
1
2
3
|
|
|
128kbps : |
1
2
3
|
| |
AAC+ |
|
|
48kbps : |
1
2
3
|
|
|
64kbps : |
1
2
3
|
 Historical mascot of
RRI |
| |
© 1999 - 2011 Copyright Radio Romania International |
|
2025-04-03
Print
Listen again