?The worst possible signal which we could send out is one calling for outside help,? [Greek Finance Minister George Papaconstantinou] said in an interview with Bloomberg Television in Athens yesterday. ?We will tackle the deficit,? he said, adding that tax revenues in January exceeded forecasts ?by some percentage points.?
Maybe El Erian was right and it is a game of chicken:
"Europe has become a huge game of chicken, whereby the Greeks are waiting for help from the outside and donors are waiting for Greece to take a step forward."
Or maybe Greece will just muddle through as Martin Wolfe suggested a couple weeks ago in the Financial Times: The Greek tragedy deserves a global audience . Wolfe discussed three possibilities: Greece leaves the eurozone, Greece toughs it out, or Greece defaults - and concludes:
Given the horrendous difficulty of all alternatives, I am sure the effort will be made to tough it out for as long as possible. That will also be the case elsewhere. All will be forced to accept lengthy recessions.
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Greece court invalidates first same-sex marriages performed in country [JURIST] A Greek court ruled Tuesday that same-sex marriages performed in the country are invalid. Two same-sex couples were married last year by a local mayor on a small Aegean island, as the 1982 Greek civil marriage law simply saying that marriages must be between two "persons" without specifying that one party must be a man and the other a woman...
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