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Der Standard: Tourism in Greece is "blooming"

It generates high revenue, the Austrian newspaper says

It is the only developmental driving force for the Greek economy

"Tourism in Greece is blooming," is the title of today's article in the Austrian newspaper «Der Standard», where the subtitle says that at the moment tourism is the only developmental driving force for the Greek economy.

"The thriving tourism in Greece, the euro country facing a crisis, generates high revenues and is the only developmental driving force for the Greek economy that is on the 6th consecutive year of recession," the article reads at the start.

  • Published in Greece

Angela Merkel does not see a new haircut for Greece

What is the real concern of the Staff of the German Chancellor?

The debate over the Greek debt haircut continues in German media but what seems to be of a greater concern for Merkel’s team is the political strength of the Greek government before and after the German elections.

For the second time in a week the German Chancellor said she does not see a new haircut for Greece, according to Deutsche Welle. In today's interview with the Ruhr Nachrichten newspaper, Merkel says "no, I do not see such a new haircut for Greece. We take one step at a time and we do not hide the fact that a lot of things should change in Greece, but on the other hand, we see clear progress and recognize it. In some areas things in Greece are going much better than a year ago."

  • Published in Greece
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