ROME — The front-runner to become Italy’s next prime minister warned Friday of a Greek-style social and economic meltdown unless austerity measures were maintained.
Final rallies in Rome, Naples and Florence ahead of Sunday’s general election brought a flurry of last-minute appeals to a deeply-disillusioned nation.
Polls suggest as many five million Italians have not made up their minds which party to support in the election, which will be held over two days in a country hit by a series of corporate and political scandals.
I keep pleading for someone, anyone to put Greece out of its misery. Greek voters have a chance on May 6th to do just that.
Please consider Greek ruling parties to get wafer-thin majority
The two main parties in Greece's ruling coalition would together get just a one-seat majority in parliament if elections were held now, a poll showed on Thursday, less than three weeks before the May 6 vote.
I am amused by the Financial Times headline Tsipras shrugs off gaffe about Hollande.
When Evangelos Venizelos, the Greek socialist leader, boarded a 7.30am flight to Paris on Tuesday, only his closest aides knew he was on the way to a hastily arranged meeting with the French president.
The situation is significantly worse than the mood. But the eurozone crisis is far from over. It’s wishful thinking to expect otherwise
WIESBADEN, Germany — The German economy was hit hard by the eurozone crisis in the final quarter of last year, shrinking more than at any point in nearly three years as traditionally strong exports and investment slowed, the Statistics Office said on Tuesday.
The question of the day, to which we all know the answer (but I want to ask the question anyway), Are the Nannycrats Afraid of Democracy?
Here is a comment someone posted on the Guardian Greek Election Blog
The basic laws of economics are threatening to pull the eurozone apart, just as politicians are trying to pull it together. As usual, the ECB is stuck in the middle of the mess, and it doesn't like it one bit.
For two and a half years, interest rates in the big industrial economies have only gone one way - down. Central banks slashed rates to historic lows in the wake of the financial crisis and then left them there. But not any more. Now the ECB has broken ranks, with today's long-anticipated quarter point rise.