In a post which appeared earlier this week Tobias asks us whether, given some of the possible consequences of a French “non”, it might not be reasonable to ‘scare’ voters a little by spelling out some of the potential fallout which might follow a French rejection of the Constitution Treaty.
Perhaps the phrasing is unfortunate, but undoubtedly voters in Eurozone countries need to think long and hard about one especially sensitive area of impact: the future of the euro itself.
Continue reading
… or maybe ‘black paint’? Acouple of days ago, my sister told me she had a topic I could write about on afoe. It had occured to her that all continental names, except Europe, start with an ‘a’, and she wondered why that might be the case. A quick check at wikipedia revealed that her statement is only correct when using a (although perhaps still the most common?) five-continents classification system and when referring to ‘Oceania’ as ‘Australia’. Moreover, there are a number of naming schemes for continents, which, while always featuring a majority of continent-names starting with an ‘A’, also consist of continents beginning with other letters – eg North, and South A-merica.
Despite the wikipedia-induced realization that any continental naming-scheme conspiracy theory was stillborn, I became interested in the etymology of continents, Europe in particular, only remembering that ‘Europa’ was a Phoenician princess Zeus kidnapped by transforming himself into a bull. But it took only a modest amount of further googling to find out that the left-leaning German newspaper taz had also, quite recently, been interested in the subject.
Continue reading
This should come as a shock, but somehow I am not exactly surprised. Mediterranean cooking evidently isn’t always as benign and healthy as it seems.
Greece was warned on Thursday that it could face legal action for grossly under-reporting its national deficit and debt figures but was told it would not be ejected from the 12-country eurozone.
Revised figures revealed Greece broke the single currency’s 3 per cent of GDP deficit ceiling every year in the 2000-3 period.
The European Union will launch an inquiry to check the veracity of the figures it provided before 2000, the year Greece qualified to join the single currency.
The scale of the inaccuracies has sent shockwaves across the single currency area, which relies on member states to provide sound economic data.
…………Eurostat, the EU’s statistical arm, could start legal proceedings against Athens for breaching accounting rules.
Greece, however, is unlikely to be ejected from the eurozone, even though there are now doubts about whether it complied with the membership rules before 2000.
The new data revised the Greek 2000 deficit to 4.1 per cent from a prior estimate of 2 per cent.
The 2001 and 2002 deficits now stand at 3.7 per cent compared with 1.4 per cent previously. The 2003 deficit, which had already been revised up in May to 3.2 per cent from 1.7 per cent, is now shown to be even higher – at 4.6 per cent of GDP.
Cost-overruns on the building of venues and transport systems for last month’s Athens Olympics games, estimated at more than ?2.5bn ($3bn, ?1.7bn), contributed to a projected deficit of 5.3 per cent of GDP this year.
Source: Financial Times
It is also worth bearing in mind that the accumulated Greek deficit currently is one of the highest in the EU and stands at around 100% of GDP. The interesting question now is what happens next.
So Greece has a new government, Haider seems to be staging a comeback and next Sunday Spain is going to the polls. On this latter I will post something during the week, meantime, since I confess to knowing next to nothing at all about the significance of the Greek results, or the real state of play with Haider: anyone out there feel willing and able to give us some insight? Especially with those tricky and potentially significant Cyprus negotiations looming right in front of us.
Continue reading
Earlier today, the draw took place for next year’s European Football Championships (Euro 2004), placing the sixteen teams into four groups:
Group A: Portugal, Greece, Spain, Russia
Group B: France, England, Switzerland, Croatia
Group C: Sweden, Bulgaria, Denmark, Italy
Group D: Czech Republic, Latvia, Germany, Netherlands
The BBC Sport website has a good page detailing all the fixtures for the tournament.
Continue reading
In the news today the Comission and Spain/Poland are still haggling over the price of the constitution. Meantime from another pole of Europe, a curious story of one young Albanian, and the struggle to assert his elementary rights in his new homeland: Greece. My feeling is that in our current preoccupations, our conception of Europe lies too far to the North and too far to the West. I also think, that when we come to look at the contribution and participation of immigrants in Europe, we all too often forget the adversity they face.
Background: in 1990 the Greek Alabania border opened. Over the mountains and across the sea the Albanians started arriving in Greece. Their numbers were large but never counted: their number still constitutes material for scare stories on popular Greek TV. The actual number is unknown but it might be as high as a million all over Greece (if you include the ethnic Greek Albanians ). The first arrivals came from a country whose isolation was proverbial. They were destitute, blinded by the city lights and the consumer goods, and clueless as to what they could do to earn a living.
Continue reading