Word: countryes
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The new trial for sodomy that Anwar Ibrahim faces is also a trial for his country, Malaysia. Anwar contends that the fresh charge is yet another attempt by the authorities to jail and sideline him - he's a former high-flying minister turned opponent of the government. But beyond politics...
Every Jan. 6, Greeks celebrate Epiphany with a ceremony full of symbolism and hope. All over the country, priests throw a gold cross into open water and young men dive in to retrieve it. The winners get a blessing on the spot; everyone else takes home some holy water for...
Problem is, though, the markets are finding it tough to trust Athens. At the World Economic Forum in Davos rumors swirled - despite assurances to the contrary by Greek and E.U. officials - that Greece was on the brink of a default and would need a bailout from Brussels or the International...
Most Greeks agree that the tax system (see following story) and the bloated public sector, nicknamed "the country's sickest patient," are at the root of Greece's current problems. In a country of 11 million people, almost 850,000 workers are employed by the state, which means they receive...
Companies that have interests outside Greece are also likely to fare better. Kyriakos Sarantis, CEO of Sarantis, a $363 million consumer-products company, expects revenue to remain flat despite the problems at home, in large part because nearly 60% of his business is in Eastern Europe. "That exposure is helping...