The EU always striving for its greater unification and the creation of a federation of states has taken a small step towards that direction. As of the 15th of June, roaming charges that existed since the dawn of times no longer apply!
“ Build that wall! Build that wall!” I guess we all know where those words come from. The populist rhetoric that has been used by many political players, including the don himself has been characterized by a rising hatred towards immigration and foreign trade among others. People believe that the rising unemployment and stagnating wages might be due to foreigners taking their jobs. However, the reality might be different, and thus I’ll be trying to bring forth an alternative explanation in this article.
Greece has been in the midst of perhaps, as some say, the worst financial and economic crisis since the end of the Second World War for almost nine years now. At one moment things seem to be improving, then a harsh realization kicks in that the situation might actually be getting worse and even out of hand. This has been the reality for the Greek banking sector these last couple of years. With a series of large write-offs and big losses that the banks had to incur which have also impacted a number of people, the banking sector still faces great uncertainty and I will try to bring to the table a few of these ongoing problems to try to make the situation a bit clearer.