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Daily Archives: September 2, 2013

Greece needs 20 years to re-create one million jobs lost to crisis

It’s time that we, the non-economists dealing with the Greek debt crisis, learn a new term. That’s “jobless growth” or “jobless recovery”. In short,  this term means that there is growth in an economy of a country, but people still get no jobs. Something like the phenomenon in modern Greece of …

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UPDATE: Amber Alert: 5-year-old child is missing in Athens

UPDATE Sept 9/2013: Three days ago there were reports in the Greek press that the missing girl originally from Syria was found alive and well in Sweden. The girl has been reportedly together with the father.  Apparently there has been a confirmation by the Greek NGO “Chamogelo toy y (Child’s …

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Merkel – Steinbruck TV Duel on Greece: does it really matter?

I can tell you right away: no, it doesn’t! It doesn’t really matter what the Christian-Democrat, conservative and neo-liberal Chancellor of Germany Angela Merkel and her Social-Democrat challenger Peer Steinbrueck exchanged on clever and quick statements, announcements and criticism last night, during their TV-duel. It doesn;t really matter what they …

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