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Grexit: Whose Loss will it be?

Does Greece need the EU, or is the the other way around?

As Greece goes to Parliamentary elections on 25th January, I scratch my head to understand the classic Greek conundrum. On one hand a private poll survey suggests that roughly 70% - 75% of Greeks want their country to stay in the European Union (EU). Yet on the other hand, pre-poll election surveys indicate Syriza, the radical left (and anti-Euro) party, is the most preferred choice of Greek voters. It is a foregone conclusion that Mr. Alexis Tsipras, the leader of Syriza, would be the new Prime Minister of Greece come February when all previous IMF bailout packages to Greece cease to exist. This requires Mr. Tsipras to negotiate the new terms and conditions for further bailout packages with the 'troika' (i.e....

News »

The world changed with the collapse of a wall
Germany celebrates liberty
Berlin: Chancellor Angela Merkel hailed the courage of East Germans in helping bring down the Berlin...

Millennium Development Goals beyond reach?
How to end poverty and food insecurity
Beyond the fact that it is next year (2015) for the grace period to elapse of the achievement of the...

Statista Chart Beer Consumption and Prices
Beer consumption and prices rise at Oktoberfest
The 181st Oktoberfest is underway with a million visitors flooding the giant tents on the opening...

Power plant in Australia
Looking for a climate change agreement in 2015
The negotiations for a new Climate Change Agreement in 2015 is far advanced after the first...

Arts & Culture »

Ana Quiroga, Argentine writer
Literature: The Dead Boy, Short Stories by Ana Quiroga
Published in late 2014 by the publishing house Ediciones Fuera del Rio (Buenos Aires, Argentina),...

Steel exterior, but soft inside
The Science Behind Superman
While Marvel has taken the lead in the superhero film industry, DC is now preparing a major effort...

Finding Fela
Africa International Film Festival in Nigeria
When Nigeria is mentioned in Western media, usually the names of Ebola virus or Boko Haram...

The Ballet Russes at Bayerische Staatsoper, Munich
The Ballet Russes at Bayerische Staatsoper
The Ballet ensemble of the Bayerische Staatsoper is performing The Ballet Russe. At the latest...

Politics »

Stefan and Martina
Spies, memories and the Wall
East German spies from the infamous "Staatssicherheit", or Stasi in short, kept snooping on Stefan...

Foreign fighters statistics from Statista portal
Increasing foreign fighters at Syria conflict
 Acording to CNN estimations up to 11,000 foreigners have travelled to Syria to take up arms...

Over 300,000 students making their way to Germany
Quarter of a million students descend on Germany
Most of the incoming 300,000 students prefer not to leave the country once they have finished their...

Statista chart shows the results of the poll conducted by Pew Research Center
Ukrainian majority want a single state
According to a survey conducted by the Pew Research Center and published by Statista, the Statistics...

Business »

German business confidence slips, yet again
Drop in German business confidence
German business confidence has dipped again to its lowest level in almost two years, according to...

Electric car sales show strong growth
Germany in the top three for electric vehicle sales in 2013
There are 52,729 electric vehicles on the roads of Europe. The top five nations on electric vehicle...

Eurozone exits recession following an unprecedented 18 months of economic contraction
Eurozone emerges from recession
The eurozone has finally emerged from recession following an unprecedented 18 months of economic...

BMW and Toyota to develop a fuel cell vehicle
BMW and Toyota to develop a fuel cell vehicle
MUNICH (awp international) - BMW and Toyota will jointly develop a fuel cell-powered vehicle by...

Science »

Despite cognitive ageing older people are good at making financial decisions.
Does old wine fit in a new bottle?
Human longevity and improved healthcare makes ageing population a socio-economic challenge for all...

Mathematics helps predict optimal running strategy
Running on Mathematics
What is the first thing that comes to your mind when you think of sports and mathematics? Most...

Banking industry culture promotes deception
Banking on lies
The world is still recovering from the devastating effects of the massive economic recession that...

Water, a precious commodity
The need for a water revolution
Everyone needs water in sufficient quantity and portable quality to live a healthy life. The many...

Opinions »

Why is German harder to learn than French?
German should be easier than French, but is it?
"French is prettier than German" Or "It's the language of love". "It's melodic, less harsh". "French...

Forests are the future and must be treated with the respect they deserve.
Wise and focused leaders cannot give away forests!
I saw a young boy driving a huge horse along a narrow path directing it whenever it tried to turn...

Germany is right, Europe needs austerity
Don't Blame Germany
After attending an academic conference in 2011, I and my friend were on vacation in Miami, Florida....

Organ donation: to opt-in or opt-out - that is the question
Organ donation: to opt-in or opt-out
Timothy Potenz asks you whether you think Germans should have to register to become organ donors, or...

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