Antisemitism in the US is on the rise - what do US senators and Israeli ministers have to say about it?
Not only Greece
By
June 24, 2012 05:30
This is the time for us to gear up for big, bad trouble. We cannot afford to be complacent spectators.
Greek man passes a drachma coin replica in Athens

Greek man walks past drachma coin replica in Athens 370 (R). (photo credit:REUTERS/Yorgos Karahalis)

It would be incorrect to conclude that last week’s formation of a new government in Athens categorically preempted the looming Greek tragedy which threatened the entire euro zone. Europe is by no means safe, although the Greek electorate’s narrow pro-euro preference is clearly better than the alternative that would have triggered potentially catastrophic chain reactions.

It’s a relief but at best a very temporary one. The pro-bailout coalition doesn’t represent a decisive turning point. It’s merely a brief intermission in the unfolding drama. Europe was spared an immediate crash but the deep divide remains between its wealth-generating northern economies and the welfare-reliant south.

Read More...

Tags:
  • europe
  • greece
  • economy
  • Share this article via
    from around the web
    Related Content
    PRO-GOVERNMENT FIGHTERS gather next to a tank they use in the fighting against Houthi fighters in th
    March 25, 2017
    Sino-Saudi alignment in Yemen and escalating conflict

    By MICHA’EL TANCHUM

    Top Stories
    Israel Weather
    • 11 - 23
      Beer Sheva
      12 - 22
      Tel Aviv - Yafo
    • 12 - 20
      Jerusalem
      12 - 20
      Haifa
    • 16 - 27
      Elat
      12 - 24
      Tiberias