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Rebuilding Greece’s economy – a Sisyphean task? Mopic via shutterstock

A Syriza election win would be a serious setback for Greece

The Greek economy, after five years of recession, has nearly reached the top of the hill it has been climbing. But there is a real threat that in just a few months it will roll back down again. Like Sisyphus…
Forget the hand signals, Alexis Tsipras of Syriza is a left-winger. EPA/Simela Pantzartzi

EU election: austerity will make for lively contest in Greece

The Greek public will go to the polls on May 25 as a massively divided electorate. The obvious factor which shapes public opinion is the continuation of an economic crisis which has resulted in a six-year…
Not your average poet. Wikimedia Commons

New Sappho poems set classical world reeling

It’s a kind of literary miracle. Fragments of two new poems by Ancient Greek poet Sappho have been discovered, making it possible for us to be among the first people to read these texts for more than 1,000…
A World Bank report gives a hopeful forecast for global growth. Image sourced from www.shutterstock.com

Growth spurt hopes for global economy, but challenges remain

The World Bank’s Global Economic Prospects report released this week is moderately optimistic about the short-term outlook of the global economy. World Bank economists anticipate an improvement in most…
Fugitive whistleblower Edward Snowden continues his fight for asylum - a concept that is grounded in ancient history. EPA/Kay Nietfeld

Snowden, Assange and the ancient history of seeking asylum

As Julian Assange remains inside the Ecuadorian embassy in London and Edward Snowden, last thought to be Venezuela-bound, attempts to avoid capture by an enraged United States, the grant of asylum has…
Greek protestors take to streets after the ERT shutdown. Yanis Varoufakis

The view from the studio, as Greece’s state TV was shut

For those of us who grew up in the Greece of the neo-fascist colonels, nothing can stir up painful memories like a modern act of totalitarianism. When the television screen froze last night, an hour before…
Greece: not just riots and unemployment. flikr/Imagaday

Europe’s latest investment opportunity … Greece

The IMF has conceded that mistakes were made in the way the first Greek bailout in May 2010 was handled. Its report suggests the need to refine the fund’s lending policies to accommodate for conditions…
The plans of far-right Greek political party Golden Dawn to visit Australia have caused much consternation in the local Greek diaspora communities. EPA/STR

Golden Dawn: Greek fascists come Down Under

Melbourne has long been known as one of the biggest cities for Greek diaspora in the world, and the “world’s most liveable city” is fast becoming the latest battleground for the swelling fascist movement…
Fair contest: should we tinker with the rules in a free market? AAP

The AFL’s lesson for the global economy: changing the rules works

We all know the global economy is down the toilet. Even if we overlook the financial debacle in Greece, Spain, Iceland, Ireland – and that’s not easy – the big problem is Uncle Sam. Currently, the US Government…
Will super Mario Draghi, President of the European Central Bank, come to the Eurozone’s rescue? AAP

It will take courage to end the Eurozone crisis

Today Eurozone leaders will meet in Brussels. On the agenda is nothing less than the survival of the euro. Officially, it is about Spain: Spain’s economic and financial woes show the urgency. Moody’s drastically…
Greece’s New Democracy party leader Antonis Samaras has gained sufficient votes to form a coalition - but there is a long way to go for Greeks yet. AAP

Greece stays with austerity, but scenarios abound

Greece’s New Democracy leader Antonis Samaras begins the task of building a coalition after emerging as the front runner to form a government. Reports indicate New Democracy has narrowly beaten leftist…
In the aftermath of the Greek elections, there have been renewed calls to accompany austerity measures with pro-growth policies.

Austerity and growth: trying to make sense of a contradiction

Having read that the outcome of the Greek elections points to a continuation of the push for fiscal austerity in that country, my heart sunk. Then I see that our own Prime Minister has been quoted as telling…

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