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Daily Archives: May 7, 2017

Emmanuel Macron is the new President of France

Independent candidate Emmanuel Macron, 39, is clearly the winner of the second round of Presidential elections in France. According to latest results Macron wins by margin of 65.1% to 34.9% for right-wing Marine LePen.   Voter turnout set to be lowest since 1969 Abstention at 25% 12% of voters cast …

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Schaeuble warns without IMF participation Greece’s program would need to radically change

German finance minister Wolfgang Schaeuble warned that without the participation of the  International Monetary Fund the current Greek fiscal adjustment program signed in August 2015 will have to radically change. The IMF insists on fiscal figures and targets the German-led Eurozone refuses to accept. Speaking to Passauer Neue Presse, Schaeuble …

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Shops owners and workers protest against Sunday opening

Stores remained closed and workers and shopkeepers  marched through the streets of Athens protesting the introduction of Sunday opening for shops. The provision to open stores 30 Sundays per year is part of the additional austerity deal Greece signed with creditors beginning of the week. The protest occurs on the …

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