Posts tagged with: Greece

Blog author: ehilton
Thursday, July 9, 2015

greece-bandaidGreece’s economic problems are so vast, comprehension is difficult. Over at NPR, Greg Myre breaks it down for us.

25: The unemployment rate, and that’s probably low-balling. For those under the age of 25, the unemployment rate hovers around 50 percent.

92: The average income earned by a typical citizen is under-reported by 92 percent, on average, to the government.

Tax evasion is endemic in Greece and a major contributor to the government’s budget shortfalls. Creditors are demanding this be addressed in return for a new rescue package.


Met. John of Pergamon

Met. John of Pergamon

At the Vatican press conference on Thursday for the launch of Pope Francis’ enviromental encyclical, a high ranking Greek Orthodox bishop, Metropolitan John (Zizioulas) of Pergamon, said the document, titled Laudato Si in Latin or Praise be to You in English, comes at a “critical moment in human history” and will “undoubtedly have a worldwide effect on people’s consciousness.” He thanked the pope for “for raising his authoritative voice to draw the attention of the world to the urgent need to protect God’s creation from the damage we humans inflict on it with our behavior towards nature.”

Zizioulas, an advocate of what he calls “Radical Ecology” (more on that below), was in Rome as the representative of Ecumenical Patriarch Bartholomew whose church for more than three decades  has taken to the bully pulpit of this ancient and oppressed see to advance Christian stewardship of the environment. This is why Bartholomew, who just concluded another environmental conference in Istanbul, is known as the Green Patriarch.

You can read the full text of Zizioulas’ remarks on the Vatican Radio site. How to understand the Orthodox role here? Five things, for starters.

1. Persuasion, not jurisdiction.

Bartholomew’s pronouncements on the environment have been applauded widely by environmental and media elites. Yet his numerous statements and declarations are met with little interest in the self-governed Orthodox churches outside the Greek Orthodox world. Certainly, his statements and endorsements of various United Nations climate treaties are not binding on other churches in any way. In the Orthodox Church, major theological controversies are settled by a council or synod. Debatable environmental stewardship policies and prescriptions don’t rise to this level. When you hear Bartholomew described by his own church or the media as the “spiritual leader of 300 million Orthodox Christians” that is true if he were to sit in synod with other Orthodox hierarchs where he is the “first among equals.” An Orthodox Council is in the works for 2016, but there are no momentous theological disputes on the agenda. Bartholomew, while widely revered, would not typically be considered by a Russian or Egyptian or Romanian or Serb or Bulgarian or Syrian as their pastor. They have their own patriarchs and popes. Nor does Bartholomew wield jurisdiction over the self-governed churches in Greece and Cyprus — although closely linked by language and culture and theological tradition to these lands. (more…)

greece for saleGreece has had to deal with a very uncertain economic outlook over the past decade or so, but now it’s getting downright ugly. Greece owes over $1 billion this month in debt repayments, along with pensions, government salaries and other obligations. They likely don’t have the money.

The rapidly deteriorating Greek economy makes its already daunting debt pile even harder to manage, a key point of contention between Athens and its lenders. The [European Commission’s] latest forecast reckons that Greece’s debt will reach a whopping 180% of GDP this year, much higher than expected in recent months. Greece’s most recent bailout agreement called for its debt-to-GDP ratio to fall to 110% by 2022, which looks nearly impossible without some sort of restructuring, write-down, or default.


Archbishop Damaskinos

Archbishop Damaskinos

This is a doubly significant day in the nation of Greece in that not only is the Annunciation of the Theotokos (Virgin Mary) observed but also Independence Day. March 25 commemorates the start of the War of Greek Independence in 1821 against the Ottoman Empire and the tourkokratia or Turkish rule that is traced back to the fall of Constantinople in 1453. The occasion is marked with much pomp, parades and speech making in Greece and where large numbers of Greek immigrants have settled all over the world. This week also marked the anniversary of another stirring witness to freedom and human dignity, this one by a heroic churchman.

On March 23, 1943, during the Nazi occupation of Greece, the Greek Orthodox Archbishop of Athens and all Greece, Damaskinos, signed his name on a letter addressed to the collaborationist Prime Minister K. Logothetopoulos. The letter, composed by the poet Angelos Sikelianos, was a courageous defense of the Greek Jews who were being rounded up and it was signed by other prominent Greek citizens. “The Greek people were rightfully surprised and deeply grieved to learn that the German Occupation Authorities have already started to put into effect a program of gradual deportation of the Greek Jewish community of Salonika to places beyond our national borders, and that the first groups of deportees are already on their way to Poland,” the archbishop wrote. “The grief of the Greek people is particularly deep … ” When the Germans continued with the deportations, Damaskinos called the police chief of Athens, Angelos Evert, to his office and told him, “I have taken up my cross. I spoke to the Lord, and made up my mind to save as many Jewish souls as possible.” (more…)

For us the rebirth of Russia is inextricably tied, first of all, with spiritual rebirth … and if Russia is the largest Orthodox power [pravoslavnaya dershava], then Greece and Athos are its source. —Vladimir Putin during a state visit to Mount Athos, September 2005.

Writing for the Carnegie Council, Nicolai N. Petro says that Russian President Vladimir Putin’s “call for greater respect for traditional cultural and religious identities was either missed or ignored in the West. One reason, I suspect, is that it was couched in a language that Western elites no longer use.” Summary of his report:

For many analysts the term Russky mir, or Russian World, epitomizes an expansionist and messianic Russian foreign policy, the perverse intersection of the interests of the Russian state and the Russian Orthodox Church.

Little noted is that the term actually means something quite different for each party. For the state it is a tool for expanding Russia’s cultural and political influence, while for the Russian Orthodox Church it is a spiritual concept, a reminder that through the baptism of Rus, God consecrated these people to the task of building a Holy Rus.

The close symphonic relationship between the Orthodox Church and state in Russia thus provides Russian foreign policy with a definable moral framework, one that, given its popularity, is likely to continue to shape the country’s policies well into the future.

More on Putinism: (more…)

Radio Free ActonOn this edition of Radio Free Acton, Acton Institute Director of International Outreach Todd Huizinga draws on his wealth of diplomatic and international experience to help us understand the history and context of the ongoing financial difficulties of the nation of Greece, and how the nature of the European Union contributes to the unrest we see today in parts of Europe. You can listen via the audio player below.

Screen Shot 2015-03-01 at 6.51.22 PMMuch attention has been given to Greece’s fiscal and political issues, but one European country may have even bigger problems: France. Writing in the American Spectator, Samuel Gregg discusses ‘Europe’s Real Time Bomb’ and how the challenges Greece faces are miniscule compared to France’s.

It’s no exaggeration to say that France is facing one of its most systematic crises since the Fourth Republic’s collapse in 1958. This time, however, there’s no man of destiny—no Charles de Gaulle—waiting in the wings to save France from itself. In fact, that’s part of France’s problem: a political class that, regardless of party, isn’t adept at imaginative thinking, especially concerning Exhibit A of France’s problems: its economy.