Monday, June 17, 2013

A Greek court overturned a governmental decree on Monday which saw the closure of the country’s state broadcaster last week. The ERT can now resume programming until a final decision is made, a judicial source said. A Greek court ruled that shuttered state broadcaster ERT must reopen immediately, a court official said on Monday, offering the squabbling ruling coalition a way out of a political crisis over the station’s abrupt closure.  The ruling - which ordered ERT switched back on until a restructured public broadcaster is launched - came six day after Prime Minister Antonis Samaras took it off air in the name of austerity and public sector layoffs to please foreign lenders.  The ruling appeared to vindicate Samaras’s stance that a leaner, cheaper public broadcaster must be set up but also allowed for ERT’s immediate reopening as his coalition partners had demanded, offering all three a way out of an impasse that had raised the specter of snap polls.  “It appears that the interim decision of the top administrative court gives the three leaders an opportunity to find a face-saving formula,” said Theodore Couloumbis of the ELIAMEP think-tank.  A live feed of ERT - whose journalists have continued broadcasting over the Internet in defiance of orders - showed workers breaking into applause on hearing the court ruling. ERT’s Symphony Orchestra began an outdoor concert outside its headquarters, playing an old news jingle to cheering supporters.  “I’ve been here seven nights and this is the first time I’ve seen people smile,” said Eleni Hrona, an ERT reporter outside the headquarters.  Earlier, Samaras had offered to reopen a pared-down version of the state broadcaster under temporary management, reshuffle the cabinet and update the coalition’s agreement to improve cooperation between the parties, a government official said.  “It’s a last-ditch move by the prime minister to reach a compromise and avoid elections,” the official said.  The transitional broadcaster would then pave the way for the smaller, cheaper public broadcaster that Samaras initially had promised would replace ERT.  Exactly a year after a parliamentary election brought Samaras and his two leftist allies to power, the parties have fed fears of a hugely disruptive snap poll by refusing to compromise over an entity widely unloved until its shock overnight closure.  “It’s clear that over the last days any semblance of logic in dealing with this issue has been lost,” said Costas Panagopoulos, head of ALCO pollsters.

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Anonymous said...

ENNISKILLEN, Northern Ireland—The U.S. and the European Union on Monday said they would start talks to build a free-trade agreement to boost growth and create jobs across the Atlantic—a deal that officials hope will strengthen the world's biggest two-way economic relationship.

The talks' launch was announced by U.S. President Barack Obama, European Commission President José Manuel Barroso, European Council President Herman Van Rompuy and U.K. Prime Minister David Cameron, who spoke in a joint news conference ahead of a meeting here of leaders from the Group of Eight.

The first round of talks will take place next month in Washington, D.C.

U.S. and EU officials hope that by launching the talks, they will deliver a boost to confidence for businesses and workers that will help support what has been a disappointing recovery from the recession that followed the 2008 financial crisis.

"Global economic prospects remain weak," the G-8 leaders said in a statement following the first session of their two-day gathering. They added that they were committed to "exploiting all sources of growth."

Anonymous said...

At a press conference in Lough Erne ahead of the formal opening of the G8 summit, Mr Van Rompuy said that the European Union was now able to assure G8 nations that its economic situation was much improved since last summer.

Mr Van Rompuy indicated that success in reducing fiscal deficits gave EU nations greater flexibility to slow the pace of fiscal consolidation and inject demand into their domestic economies to drive growth and jobs.

He said: "The euro is no longer under existential threat, financial stability has been restored, deficits have been halved, competitiveness is improving and as a result exports are picking up.

"Our economies will come stronger out of the crisis in the eurozone, more integrated."

He added: "There is no comparison between the situation today and the situation nine months ago, when the euro was under existential threat. That is not the case any more."