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...shows, not a seat in the house was vacant, even at $125 a pop. Perhaps it's a final party before things get leaner. For the first time in decades, Greeks seem to have had an epiphany of their own and understand that they will have to start living within their means. A recent poll in the newspaper Ethnos reported that 73% of those surveyed said they were willing to make sacrifices to turn the crisis around. "Greeks know the easy days are gone," says the paper's editor George Harvalias. A sprinkle of holy water might also help...

Author: /time Magazine | Title: Greek Tragedy: Athens' Financial Woes | 2/15/2010 | See Source »

...warned that it will be subject to unprecedented monitoring. Joaquin Almunia, the European Commissioner for Economic and Monetary Affairs said Athens' targets were "ambitious" but "achievable." Importantly, Greece managed to raise about $11 billion in its first postcrisis bond offering on Jan. 25. But relief was short-lived. Within days the spread over 10-year German bonds, the European benchmark, reached a record high. The bottom line: until the Greek government delivers results, the pressure...

Author: /time Magazine | Title: Greek Tragedy: Athens' Financial Woes | 2/15/2010 | See Source »

...problem for Snellville is partly geographic: although 
alcohol can't be sold within the city limits on Sunday, it can be in the
 surrounding county, so restaurants can set up right outside town...

Author: /time Magazine | Title: Liquor Laws Make Valentine's Day Blue | 2/14/2010 | See Source »

...Jens Moberg, the head of Better Place Denmark, says the company is aiming to have the first cars on the road in Denmark by the second half of 2011. Within one year, he expects the number of vehicles to be "in the thousands," and by 2020, he believes there will be more electric cars sold in Denmark than combustion-engine cars. "We've managed our business in a responsible way and the Danish government has said we want to support this," he tells TIME. But he knows there's also an inherent risk in being first, particularly when it involves...

Author: /time Magazine | Title: Denmark Leads Europe's Electric-Car Race | 2/14/2010 | See Source »

...does not need. "He owes all Nigerians a duty to act fast," Lagos-based Guardian daily newspaper said in an editorial two days after his appointment. Or as the rebel commander Mack Anthony says: "Our man being at the helm does not mean our target has been achieved. If within 90 days Jonathan does not perform, we will go back to the creeks to re-launch the militancy...

Author: /time Magazine | Title: Is Goodluck Jonathan the Answer to Nigeria's Woes? | 2/13/2010 | See Source »

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