The principles of Keynesian economic theory are considered as effective financial intervention plans and are very effective in resolving economic crisis (Keynes., 1936), especially when governments “responsibly” apply them with clear understanding of the current situation and future forecasts. This is one of the reasons an economic index from the Heritage Foundation ranked Greece … Continue reading Lessons learned from the Greek Financial Crisis
Data credibility has been a problem since Greece applied to join the European Union in 1999. It is also a fact that most researchers, when citing the origins of the Greek financial crisis, use fabricated statistical data provided by the government. This was evident in the widely criticized deal between Goldman Sachs and the … Continue reading An assessment of the Greek Financial Crisis
The Greece Financial Crisis Abstract This paper presents a thorough analysis of the Greek debt crisis, starting with the chosen structure, methods applied for academic analysis, and a comprehensive discussion on the causal factors. A combination of both quantitative and qualitative sources will be employed for this discourse, with concentration on the period … Continue reading An essay on the Greek Financial Crisis
Police in northern Greece have clashed briefly with extreme left protesters outside an international trade fair where the prime minister is hosting the commerce secretary of the United States. The protesters dispersed quickly from a square by the Thessaloniki International Exhibition Center. Two other demonstrations — one staged by 6,000 pro-communist unionists and one … Continue reading Police in Greece fire tear gas and stun grenades to disperse protesters
A house is threatened by a huge blaze during a wildfire in Kineta, near Athens, Greece, on July 23, 2018 (Valerie Gache / AFP / Getty) A house burns during a wildfire in Kineta on July 23, 2018 Flames rise as a wildfire burns in the town of Rafina, near Athens, on July 23, … Continue reading Images from the tragic wildfires outside Athens, Greece
Greece continues to deal with the devastating wildfires in east and west Attica that killed 80 people and left 187 injured. Image shows people watching a wildfire in the town of Rafina on July 23, 2018 Greece observed a period of mourning Wednesday as crews continued checking cars and homes burned in fast-moving fires that have … Continue reading Devastating wildfires kill dozens in Greece
Catching a frisbee is difficult but doing so successfully requires the catcher to weigh a complex array of physical and atmospheric factors, among them wind speed and frisbee rotation. Were a physicist to write down frisbee-catching as an optimal control problem, they would need to understand and apply Newton’s Law of Gravity. Despite this complexity, … Continue reading The Frisbee-catching Dog
A jaguar (Panthera onca) hunts a fish as it swims in its enclosure at Pessac Zoo on the outskirts of Bordeaux. Two jaguars named Catalina (2) and Mato (1), are on display for the first time in Europe. Their enclosure has a pool of about 100 cubic meters where visitors could observe the predators' aquatic … Continue reading Amazing Pictures of the Day: 22 – 23 July, 2017
Members of the European Union Parliament have strongly condemned the European Commission’s proposal to relocate 54,000 refugees from Turkey to EU member states, instead of relocating refugees from Italy and Greece as previously agreed, EuroReporter confirms. Italian MEP Barbara Spinelli said: “I strongly welcome Ska Keller’s response to the Commission in this report. I would … Continue reading 554,000 Refugees To Be Relocated From Greece And Italy To Other Member States.
The government of Turkey has demanded from Greece an immediate release of the eight soldiers alleged to have taken part in the failed July 15 coup plot. Image from the failed July 15 coup plot in Turkey. The extradition goes in accordance with an extradition agreement between the two countries, and was sent from Turkish Justice … Continue reading Turkey Demands Immediate Extradition Of Alleged Coup Plotters From Greece.