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Striking laborers...
Striking laborers staged a symbolic sit-in at the offices of the umbrella association of Greek construction firms yesterday. |
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EDITORIAL |
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Economy requires caution
It is imperative, in every country, that the officials responsible for economic policy be exceptionally cautious in their statements, whether they are speaking on the record or off it.
An injudicious phrase can affect stock markets, markets' psychology and decisions by business leaders.
That is why Economy and Finance Minister Giorgos Alogoskoufis's statement on Tuesday that he could not be sure how the 2008 budget would be implemented is both inexplicable and unprecedented, as veteran economic journalists noted.
Everyone can see the signs of economic crisis and the impending fiscal impasse. |
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EDITORIAL:AthensPlus |
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Athens’s parallel universe
Transportation in Athens is one of the most important things determining the quality of life of its residents and the memories that visitors take home with them. Cars - parked or in motion - swarm over every inch of road and sidewalk. Motorcycles rumble and screech between vehicles and pedestrians, ignoring all laws and all logic. Delivery trucks, disgorging clouds of diesel fumes, block traffic lanes whenever and wherever they see fit. Taxis crawl along the curb, fishing for more customers to jam next to the trapped wretches already suffering from the heat, the sweat, the cigarette smoke, the agony of a missed appointment. |
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