Leading British tour operator Thomas Cook has asked Greek hoteliers to renegotiate their package deals for this summer, in the hope of slashing bookings and rates in the context of the company's business plan agreed with its creditors and because it expects demand from major markets such as Britain and France to flag.
Linda Rottenberg, cofounder and CEO of Endeavor, a non-profit that focuses on boosting entrepreneurship, suffers from the quintessentially American bug of relentless optimism. It is easy to get carried away by her upbeat outlook, to forget the depressing resilience of the Greek crisis and to dare believe that anything is possible.
"We are powerless." This phrase could have been the main takeaway from the documentary presented by Kathimerini Executive Editor Alexis Papachelas on the deadly fires in eastern Attica last year, which aired on Thursday on Greek broadcaster Skai. It was the voice of an employee who worked at one of the state agencies that had a leading role on that fateful day.
As the government finalizes a new package of handouts in the countdown to local and European elections next month, European officials are skeptical about the large primary surpluses from which the benefits are to come, arguing that they are partly due to cuts to the country's public investment program.