Tag Archives: Germany

Drop Debtors from Euro Zone

6. September 2011.
Greece and other over indebted countries should exit the Euro zone to regain the health of their commerce, propose five German academics.

Greece and other over indebted countries should exit the Euro zone to regain the health of their commerce, propose five German academics. Continue reading →

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Spiegel: Germans Requiem of the Euro

12. July 2011.
The shock therapy should work as follows: euro zone countries would leave Greece up to its destiny when they become disappointed in the realized small advancement and the lack of light at the end of the tunnel. After billions spent, they no longer want to give anything to Athens. Greece would soon become insolvent because it couldn’t come by loans. Since the Greek credit institutions are still propping a large portion of the state debt, the banking sector might befall chain bankruptcy. Such an approach threatens to contaminate the other states too. If Greece goes into bankruptcy out of every control, investors would probably refuse to invest into other sick state. So other banks would be jeopardized in such a caused chain reaction.

The frustrated Greeks are attacking the Germans, and the Germans are attacking the Greeks, Portuguese, Spanish and Italians. Continue reading →

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Aleksinac: Recovery of Cooperatives

4. April 2011.
Three cooperatives in Aleksinac had received EUR15 thousand each, which they can use solely for equipment purchase.

Drawing to a close is the second phase of the project that is jointly realized by the German development agency, HELP and Aleksinac. Continue reading →

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