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The agreement reached during the early hours of Saturday at the eurozone leaders’ summit in Brussels is not yet the “grand bargain” that many had advocated. The new deal to fight the year-long sovereign debt crisis in the eurozone seems to be a step in the right direction, albeit at great political and economic cost […]

Posted by Bastian Jens

In recent weeks a series of rebellions and coups in the Middle East has caused international concern. These cases, mainly Tunisia, Egypt, Libya and Bahrain, Jordan, Yemen Ms. have monopolized the media interest. These developments are due to political, economic and social causes, and this brief analysis highlights aspects of these developments. Over […]

Posted by Evangelos Venetis

Moody’s sovereign credit rating downgrade of Greece from Ba1 to B1 dropped like a bombshell in Athens on Clean Monday. The three-notch downgrade to a status of “highly speculative” placed Greece deep in junk territory, alongside Belarus and Bolivia. The rating agency last downgraded Greek government debt by a staggering four notches in June 2010. […]

Posted by Bastian Jens

‘Digital democracy’, ‘Cyber-Activism’, ‘Twitter Revolution,’[1] ‘Facebook Freedom Fighter’[2] – such phrases have flooded news reports, commentaries and analyses over the past few weeks. Everyone seems to agree that social media are shaping global political action in new ways and, that information and communication technologies (ICTs) are altering the dynamics of the public sphere. This is […]

Posted by Ruby Gropas