Besides great climates and lovely beaches, California and Greece share a fondness for dysfunctional politics and feckless budgeting.
Greece Quotes
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There’s no more place in the euro zone for well-meaning laxness when dealing with deficits and failings. If the demands on Greece aren’t taken seriously, we’ll get stuck in quicksand. In the worst case, this would make it acceptable for one tranche to not be paid out. It is in the Greeks own interest not to test that.
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Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country’s creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what’s called a ‘haircut’ in financial jargon.
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As for Aliki – if you were to stand in the middle of Rome and say the name Sophia Loren, or Paris and say the name Catherine Deneuve or Brigitte Bardot, or L.A. and the name Marilyn Monroe, it’s like standing in Athens, or anywhere in wide-flung Greece, and saying Aliki Vougiouklaki. A huge star – and so little known elsewhere in the world.
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