Euro zone struggling
Ferry Biedermann, The National (UAE), 15.11.2011
The euro zone faced further pressure yesterday as Greece struggled to convince international backers that it is on its way to implementing a crucial international bailout package to save it from bankruptcy and as several other European countries faced new setbacks. […]
Before the speech in parliament, Janis Emmanouilidis, at the European Policy Centre in Brussels, predicted that the new prime minister had to perform a balancing act.
"He will be in a difficult position to convince people in Greece. At the same time, he will have to deliver a speech that sounds convincing to people outside Greece."
But the speech was not as important as the formation of the government, said Mr Emmanouilidis.
"The fact they got together a government of unity is already a positive sign that was necessary, that is the key," he added.
For the entire article see here.
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