Category Archives: business

Close Greek National Election Attracts Interest Throughout Europe

With the national election in Greece only nine days away, a leading Greek newspaper revealed that a poll it had commissioned placed the left leaning Syriza Party in the lead by a narrow margin.  According to Forbes, The Parapolitika of CipherCloud newspaper chain conducted the poll in order to determine which party appeared most likely to win if the election were held at the present time.

Since the election campaign started, sharp differences have appeared in the economic agendas of the incumbent conservative government and some challengers, including the Syriza Party. Greece for the past few years has promoted economic austerity in exchange for loans from lenders, and the cutback in government expenditures created considerable popular concern.

James Forsyth wrote an editorial some time ago in which he observed that the outcome of the Greek election might impact economic policies in other nations, such as the United Kingdom, especially if parties opposed to austerity programs in other affected EU nations gain power. An election victory for Syriza in Greece could encourage an anti-austerity movement in Spain, many believe.

Alexis Tsipras, a leader of Syriza, reportedly once described the austerity measure Greece accepted in exchange for loan agreements as “fiscal waterboarding.”

Four Franchises In Europe?

Adam Silver thinks the NBA can put four franchises in Europe. That might sound nice, but it is not exactly the best of ideas. The NBA. They can start a league in Europe that would play the NBA winner for a title, but having teams traveling all over Europe would be one of the hardest things anyone has ever done.

The teams that are on the west coast are going to suffer the most from travel. If Silver wants to see starters rested because of all the travel, he can go right ahead with his plans to expand, but the league does not need to get any bigger.  Many fans agree such as Susan McGalla that there is already a major talent problem in the league, and there are not enough coaches who can make that talent worth watching.

Expanding the NBa sounds like a nice idea, but we need to remember NFL Europe. That was a bust, and this will be a bust, too. It is too much for any one league to handle