Articles on the eurozone crisis, sovereign debt crisis, Argentina, Italy, - and Greece in particular:

Άρθρα σχετικά με την κρίση στην ευρωζώνη, κρίση δημόσιου χρέους, την Αργεντινή, την Ιταλία, - και ειδικότερα την Ελλάδα - Articles on the eurozone crisis, sovereign debt crisis, Argentina, Italy, - and Greece in particular: http://kevindayhoff.blogspot.com/search/label/Bus%20Econ%20eurozone on www.kevindayhoff.net Kevin Dayhoff – Soundtrack

20121205 Why Greece Matters by Kevin E. Dayhoff http://kevindayhoff.blogspot.com/2012/12/why-greece-matters-by-kevin-e-dayhoff.html

20121202 Rick Steves: June 11, 2012 “Greece in Economic Crisis and Your Travel Dreams” Retrieved December 2, 2012 http://kevindayhoff.blogspot.com/2012/12/rick-steves-greece-in-economic-crisis.html

20111027 BBC - Timeline: The unfolding eurozone crisis http://kevindayhoff.blogspot.com/2011/11/bbc-timeline-unfolding-eurozone-crisis.html

20111022 Eurozone Crisis: The Economist: Argentina’s debt default Gauchos and gadflies http://kevindayhoff.blogspot.com/2012/02/economist-argentinas-debt-default.html

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www.kevindayhoff.net Kevin Dayhoff – Soundtrack

Eurozone Crisis - Bus Econ eurozone

Labels: 20130100 Greece, Business Economics, Bus Econ eurozone, Bus Econ sovereign debt, World Europe, World Europe Greece, World Europe Italy, People Berlusconi Silvio,

See also: Media Commentary, Colleges McDaniel, Dayhoff Media The Tentacle, Media BBC, Journalists, Journalists Steves Rick, World So America Argentina

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Kevin Dayhoff Soundtrack: http://kevindayhoff.blogspot.com/ = http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://kevindayhoffart.blogspot.com/ or http://kevindayhoffart.com/ = http://www.kevindayhoff.com/ Kevin Dayhoff Westminster: http://kevindayhoffwestgov-net.blogspot.com/ or http://www.westgov.net/ = www.kevindayhoff.org Twitter: https://twitter.com/kevindayhoff Twitpic: http://twitpic.com/photos/kevindayhoff Kevin Dayhoff's The New Bedford Herald: http://kbetrue.livejournal.com/ = www.newbedfordherald.net Explore Carroll: www.explorecarroll.com The Tentacle: www.thetentacle.com

Eurozone Crisis: Why Greece Matters by Kevin E. Dayhoff

Why Greece Matters by Kevin E. Dayhoff December 5, 2012 TheTentacle.com http://tinyurl.com/dxxwya5

http://www.thetentacle.com/ShowArticle.cfm?mydocid=5502

As the global financial recession enters its sixth year, and the so-called apocalyptic ‘fiscal cliff’ looms large in the U.S., the repeating Greek chorus in this global economic opera played-out an all-too familiar refrain last Friday when the German Bundestag approved more bailout funds for Greece.

Yes, Greece – that tiny country of approximately 11 million people in the eastern portion of the Mediterranean between Italy and Turkey, with barely two-percent of the entire Gross Domestic Product of Europe, and capably competes with Argentina and the U.S. to command over 100 percent of everyone’s global, chronic, economic migraine headache.

Remember, it was not long after the Great Recession officially got underway in December 2007, when rumblings started to be heard that Greece was technically bankrupt.

“Greece kicked off the crisis in 2009 by admitting its budget deficit would be 12.9% of GDP, more than four times the EU's 3% limit,” according to an article written for About.com by Kimberly Amado.

Over the many years since Greece was first admitted into the European Union in 1981, and especially since 2001 when it joined the eurozone; the storied land of mythology, ancient civilization, and the birthplace of the Olympics, has lived huge, way beyond its means and lurched toward defaulting on its loans and economic chaos for over four years.

Say it ain’t so. Greece is the stuff of ancient lore, the beginnings of democracy and western philosophy with a documented history that dates back to the 3^rd century BC, with a modern, high standard of living that The Economist ranked as high as 22^nd in the world as recently as 2005… http://www.thetentacle.com/ShowArticle.cfm?mydocid=5502

http://kevindayhoffwestgov-net.blogspot.com/2012/12/why-greece-matters-by-kevin-e-dayhoff.html

Labels: 20130100 Greece, Bus Econ eurozone, Business Economics, Dayhoff Media The Tentacle, World Europe Greece

20121205 seo Why Greece Matters

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Kevin Dayhoff is an artist - and a columnist for:

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Kevin Dayhoff Soundtrack: http://kevindayhoff.blogspot.com/ = http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://kevindayhoffart.blogspot.com/ or http://kevindayhoffart.com/ = http://www.kevindayhoff.com/ Kevin Dayhoff Westminster: http://kevindayhoffwestgov-net.blogspot.com/ or http://www.westgov.net/ = www.kevindayhoff.org Twitter: https://twitter.com/kevindayhoff Twitpic: http://twitpic.com/photos/kevindayhoff Kevin Dayhoff's The New Bedford Herald: http://kbetrue.livejournal.com/ = www.newbedfordherald.net Explore Carroll: www.explorecarroll.com The Tentacle: www.thetentacle.com

Rick Steves: Greece in Economic Crisis and Your Travel Dreams

Rick Steves checking out the impact of the economic crisis in Greece

June 11, 2012 http://blog.ricksteves.com/?p=7675 Retrieved December 2, 2012

With all the news about Greece’s economic problems, people are wondering whether it’s a good time to go there or not. I’ve surveyed my Tour Department and our Greek guides who live and work in Greece, and here’s my report…

[…] http://blog.ricksteves.com/?p=7675

My guides report that our Greece tours so far this spring have been as smooth and fun as ever — virtually unaffected by the local political and economic events

[…]http://blog.ricksteves.com/?p=7675

The big concern among the hotels and restaurants we use in Greece is whether they’ll be able to survive the downturn in tourism as many postpone their travels there, fearing “instability.” And many sights are running on their shorter winter schedules for lack of money to staff the longer summer hours.

[…]http://blog.ricksteves.com/?p=7675

… First and foremost, Greece is a safe place to visit. In fact, it’s a good time to visit because you will be made especially welcome. Tourism is Greece’s heavy industry and its leading employer.

It seems to me that US media coverage of Greece has been nothing less than hysterical — just plain silly at times, and woefully lacking in analysis. Greeks are emotional people, and they are given to outbursts of anger — as well as outbursts of joy. Their bad governments in recent times have given them plenty of reasons to be angry. The scenes in Syntagma, the big square immediately in front of the Greek parliament building, are a symptom of this — and act as a release valve. These scenes occur only when the parliament is voting on the hated austerity measures. When you see riots on TV, they are generally the work of a group of anarchists who are limited to Syntagma and know how to get on the news.

The big debate politically is austerity (from the right) versus no austerity (from the left). Until this all sorts itself out, I would recommend that travelers do not wear “Angela Merkel” masks. Regardless of how the debate turns out, and who emerges as the new government, Greeks of all political stripes will take care of tourism, so vital to its struggling economy. The Greeks, a welcoming people at any time, will be doubly appreciative of any visitors in these difficult circumstances.

The main impact on travelers as Greece struggles through this period will be: shorter hours of sights; intermittent strikes; and friends and loved ones back home wondering if Americans traveling in Greece are okay… http://blog.ricksteves.com/?p=7675

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Kevin Dayhoff Soundtrack: http://kevindayhoff.blogspot.com/ = http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://kevindayhoffart.blogspot.com/ or http://kevindayhoffart.com/ = http://www.kevindayhoff.com/ Kevin Dayhoff Westminster: http://kevindayhoffwestgov-net.blogspot.com/ or http://www.westgov.net/ = www.kevindayhoff.org Twitter: https://twitter.com/kevindayhoff Twitpic: http://twitpic.com/photos/kevindayhoff Kevin Dayhoff's The New Bedford Herald: http://kbetrue.livejournal.com/ = www.newbedfordherald.net Explore Carroll: www.explorecarroll.com The Tentacle: www.thetentacle.com