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COMMENT Politics

Greece’s perfect debt trap

NIKOS KONSTANDARAS

The longer we spend in the hole the harder it is to get out. As long as the negotiations with the troika are not finished and the economy is starved of cash, as long as businesses cannot plan for the next day and citizens remain wary of returning cash to the banks, recovery becomes even more difficult.

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COMMUNITY

Engaging democracy


DAVID WISNER

These are perilous times for democracy. In Greece, despite two national elections and one referendum in less than nine months in 2015, nearly half the electorate shunned the ballot box. Elsewhere in Europe, the 50 percent threshold was barely passed in parliamentary elections last year in Portugal and in Spain, where the outcomes were far from decisive.

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WHAT'S ON

Olympic flame ceremony lights spark for Rio 2016

People from around the world gathered at Ancient Olympia to watch the momentous ceremony. On Wednesday, the journey of the Olympic Flame continues. At 5 p.m. the Handover Ceremony of the Olympic Flame will be held at the Panathenaic Stadium in Athens, which will be lit up in the colors of the Brazilian flag.

See more: http://www.greece-is.com/news/olympic-flame-to-rio/