{"id":14755,"date":"2011-11-04T12:21:59","date_gmt":"2011-11-04T10:21:59","guid":{"rendered":"http:\/\/www.nationalturk.com\/en\/?p=14755"},"modified":"2011-11-04T12:21:59","modified_gmt":"2011-11-04T10:21:59","slug":"greece-sick-man-of-europe-14755","status":"publish","type":"post","link":"https:\/\/www.nationalturk.com\/en\/greece-sick-man-of-europe-14755\/","title":{"rendered":"Greece : New Sick man of Europe ?"},"content":{"rendered":"<figure id=\"attachment_14756\" aria-describedby=\"caption-attachment-14756\" style=\"width: 610px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-14756\" title=\"greece-papandreu-crisis-nationalturk-2321\" src=\"http:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2011\/11\/greece-papandreu-crisis-nationalturk-2321.jpg\" alt=\"Is Greece the New Sick man of Europe ?\" width=\"610\" height=\"340\" \/><figcaption id=\"caption-attachment-14756\" class=\"wp-caption-text\">Is Greece the New Sick man of Europe ?<\/figcaption><\/figure>\n<h1>Greece economy continues to crumble as the country takes the title of &#8216;sick man of Europe&#8217; while Greek prime minister belies resignation rumors, generals are being fired in coup suspicions and a surprise rate cut from the European Central Bank shocks the country.<\/h1>\n<p>Athens \/ NationalTurk &#8211; With his hands tied by the worst financial crisis in decades in Greece, distressed Greek Prime Minister George Papandreou hopes for a positive response from EU heavyweight Germany\u2019s Chancellor Angela Merkel.<\/p>\n<p>Greek Prime Minister George Papandreou rejected rumors he would resign as he stepped back from a contentious decision to hold a referendum on unpopular austerity measures in the face of fierce criticism from across the European Union.<\/p>\n<p>Papandreou told the Greek Cabinet, that the referendum was never an end in itself and continued &#8216;Greece had a dilemma &#8211; either true assent or a referendum. As I have said the day before, if the assent was there, we would not need a referendum.&#8217;<\/p>\n<h2>EU to Greece : Accept or die poor<\/h2>\n<p>European leaders warned that if Greece does not respect the terms of the rescue deal, it will not get &#8216;one more cent&#8217; from the next planned installment of EU and IMF funds. European stock markets plunged then recovered just as sharply, as G-20 leaders\u2019 summit opening ceremony in Cannes, France with hopes shattered.<\/p>\n<p>The European Central Bank\u2019s new chief, Mario Draghi, announced to cut rates in the markets yesterday tosmooth down the investors.<\/p>\n<h3>Greece Finacial Crisis : Greece&#8217; fate is subject to betting<\/h3>\n<p>Greece battles alongside poor economy coup threats. The Greek government has dismissed the country\u2019s top military brass allegedly to thwart a coup.<\/p>\n<p>Meanwhile, British bookmaker William Hill offered odds of 2\/3 yesterday that Greece would cease to use the euro by the end of 2012, the first time it has bet odds-on that Athens will exit the EU currency.<\/p>\n<span style=\"font-weight: bold; color: #f00;\">Error, group does not exist! Check your syntax! (ID: 16)<\/span>\n","protected":false},"excerpt":{"rendered":"<p>Greece economy continues to crumble as the country takes the title of &#8216;sick man of Europe&#8217; while Greek prime minister belies resignation rumors, generals are being fired in coup suspicions and a surprise rate cut from the European Central Bank shocks the country<\/p>\n","protected":false},"author":562,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80,63,51,17,118,101,14],"tags":[18691,18693,3682,858,16031,7741,18689,4905,18690,18692],"class_list":["post-14755","post","type-post","status-publish","format-standard","hentry","category-breaking-news","category-daily","category-economy","category-europe","category-hot","category-politics","category-world","tag-eu-greece","tag-european-central-bank","tag-george-papandreou","tag-greece","tag-greece-economy","tag-greece-financial-crisis","tag-greece-sick-man-of-europe","tag-greek-prime-minister-george-papandreou","tag-sick-man-of-europe","tag-the-greek-government"],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/14755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/users\/562"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/comments?post=14755"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/14755\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media?parent=14755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/categories?post=14755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/tags?post=14755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}