Greece has received a tentative reprieve from exiting the euro, but the harsh austerity demands piled onto the recession-damaged country may still ultimately force it out the door, economists say.

Some of them think the chances of a Greek exit form the euro ”“ Grexit ”“ have not in any way diminished now that Greece and its creditors have tentatively approved a three-year, €86-billion bailout package that will boost Greece’s debt, increase taxes and trigger privatizations at what will likely be fire-sale prices.

In a note published Monday, Manulife chief economist Megan Greene said the deal, if approved by both sides and the national parliaments of the euro zone countries “will almost certainly be a failure for both political and economic reasons. The immediate risk of Grexit may be slightly lower following the summit conclusions this weekend, but the overall risk of Grexit is materially higher.”

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The fact that a formal Grexit may have been avoided for the moment is immaterial. Grexit will be back on the table when you have the slightest political accident ”” and there are still many things that could go wrong, both in Greece and in other eurozone parliaments. Any other country that in future might challenge German economic orthodoxy will face similar problems.

This brings us back to a more toxic version of the old exchange-rate mechanism of the 1990s that left countries trapped in a system run primarily for the benefit of Germany, which led to the exit of the British pound and the temporary departure of the Italian lira. What was left was a coalition of countries willing to adjust their economies to Germany’s. Britain had to leave because it was not.

What should the Greeks do now? Forget for a moment the economic debate of the last few months, over issues such as the impact of austerity or economic reforms on growth, and ask yourself this simple question: do you really think that an economic reform programme, for which a government has no political mandate, which has been explicitly rejected in a referendum, that has been forced through by sheer political blackmail, can conceivably work?

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Greece reached a deal with its European creditors Monday, pledging stringent austerity to avoid an exit from the euro and the global financial chaos that could have followed.

The deal calls for Greeks, already reeling from harsh measures and economic decline, to cut back even further in exchange for more loans without which its financial system would surely collapse. The deal, which still needs approval from Greece’s parliament, will be the country’s third bailout in five years.

To get to a deal, Greek Prime Minister Alexis Tsipras had to overcome the fundamental mistrust of many of his allies among the 18 other countries that use the euro, known as the eurozone. Just a week earlier, at his urging, Greeks had voted in a referendum to reject many of the measures he agreed to Monday, and the deal forced him to renege on many of his election promises.

“We managed to avoid the most extreme measures,” Tsipras said. “Greece will fight to return to growth and to reclaim its lost sovereignty.”

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Update: Politico also has a summary article on the deal there.

What an amazing second set tiebreaker!

On Dec. 6, 1942, 10 German soldiers marched into Rekówka, a Polish village 90 miles south of Warsaw. They’d received a tip from some locals that two families, the Skoczylas and Kosioróws, were sheltering Jews. When the Germans apprehended the families in their shared house, all but four of its inhabitants were at home. The soldiers spotted a trapdoor in the kitchen, which opened to a small, but empty, hiding place. They demanded that the families reveal the whereabouts of the stowaways, but nobody would talk. The soldiers took them to the barn behind the house, locked them inside and burned them alive. When two of the boys tried to escape, they were shot in the back.

Almost 72 years later, in August 2014, a cultural investigator named Jonny Daniels lifted that trapdoor for the first time since the surviving family members sealed it off years ago. He lowered himself down a ladder into a dark, damp space, with no light source and a floor covered with straw. He didn’t know it at the time, but he had uncovered the only known World War II hiding place for Jews that has remained intact and undisturbed since the end of the war.

On Thursday, after a year of negotiations and research, the space became an official heritage site in Poland, the only one of its kind.

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The contours of a deal on Sunday are starting to emerge.

Syriza has requested a three-year package of loans from the eurozone bail-out fund (ESM) – perhaps worth as much as €60bn ”“ and is reportedly ready give ground on tax rises and pension cuts.

Germany’s subtle shift in position comes as the United States, France, and Italy joined in a united call for debt relief, buttressed by a crescendo of emphatic statements by Christine Lagarde, the head of the International Monetary Fund.

“Greece is clearly in a situation of acute crisis, which needs to be addressed seriously and promptly. We remain fully engaged in order to find a solution to restore stability, growth and debt sustainability,” said Ms Lagarde.

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More than 100 MPs in Angela Merkel’s conservative party group have already written Greece out of the euro, even as its government scrambles to cobble together a plan acceptable to creditors.

The size of the rebellion in her own ranks ”” the Christian Democratic Union and Christian Social Union faction ”” limits the German chancellor’s ability to soften her position against Greece and all but kills off its hope of a huge debt write-off as part of the new bailout plan it needs to prevent a banking collapse.

Alexis Tsipras, the Greek prime minister, has been given until midnight tonight to submit plans justifying another multibillion-euro loan deal to keep Greece afloat or face a future outside the euro, with the EU already preparing humanitarian aid for the Greek people.

Announcing its intention yesterday to seek a three-year bailout, Greece said it wanted to make its €323 billion debt mountain “sustainable and viable over the long term”, code for the cut of 30 per cent demanded by Mr Tsipras.

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The German Red Cross said today it was willing to rush medical and other humanitarian aid to Greece as the country’s economy teetered on the brink of collapse.

“We are ready in every respect,” spokesman Dieter Schutz told Leipziger Volkszeitung newspaper. “Pensioners, the poor, the sick and refugees” have been hit hardest, he said.

Donald Tusk, the president of the European Council, who will chair the summit said: “I have no doubt that this is the most critical moment in the history of the EU. This will affect all Europe also in the geopolitical sense.”

President Hollande of France, the most optimistic of eurozone leaders on finding a solution, said: “What is at stake is the place of Greece within the EU and therefore the eurozone.”

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ROFL.

He protested against the ecclesiastical system, he preached in favour of reform in the Church and advocated a return to the poverty recommended by the Scriptures. Indeed, the Scriptures were the only rule and every manhad the right to study them. In Questio de indulgentis (1412) he denounced the indulgences.

He admired Wyclif’s writings and defended him when he was condemned as a heretic. He was excommunicated. An interdict was pronounced over Prague and he had to leave it and go to southern Bohemia, where he preached and wrote theological treatises, notably the Tractatus de ecclesia (1413), known as « The Church ».

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On the legacy of Jan Hus who died in flames 600 years ago http://t.co/5sS3SOpH6V pic.twitter.com/X2zLxZVwcv

— V4Revue (@V4Revue) July 6, 2015

Faithful God, who didst give Jan Hus the courage to confess thy truth and recall thy Church to the image of Christ: Enable us, inspired by his example, to bear witness against corruption and never cease to pray for our enemies, that we may prove faithful followers of our Savior Jesus Christ; who liveth and reigneth with thee and the Holy Spirit, one God, for ever and ever. Amen.

There are, as many European and American writers have been commenting lately, sound geopolitical reasons to prevent the worst from happening in Greece. Migration issues, NATO issues, energy issues, terrorism, Russia: an angry, inflamed, suffering and radicalized Greece on a kind of Venezuelan path to national destruction could make life much more difficult for Europeans and Americans both. These considerations should be enough to command some attention and resources from policymakers on both sides of the Atlantic sufficient to avert worst case scenarios for the Greek people.

For Grexit to be a step forward rather than a step back, Western and Greek leaders need to become more creative and forward-looking. Washington needs to stop bleating platitudes about the evils of austerity and to start thinking hard about bolstering an alliance that remains critical to its global position; Brussels and Berlin need to move beyond anger at Greek tactics to a sober calculation of Europe’s interests; the Greeks need to reflect on the cost of being represented at a grave hour of national crisis by inexperienced politicians who none of their counterparts in Europe trust or respect.

But Brussels and Berlin (and Paris, Rome and Madrid) need to realize something else. Greece’s problems under the euro have been worse than anyone else’s, but Greece is not totally unique. There are deep design flaws in the euro and the common currency has not worked nearly as well as any of its proponents hoped. The discussion over the future of Greece needs to be delinked from the discussion over the future of the euro””but that doesn’t mean that the future of the euro doesn’t need to be discussed.

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…the risks have not been eliminated. The margin for error for the major banks and other financial institutions is narrow. Because they are still not strongly capitalized, modest losses from direct defaults and indirect losses from companies with business in Greece can threaten bank equity, causing bankers to cut back on lending. A few miscalculations in a major institution could have substantial repercussions. Making matters worse, central bankers have only a limited capacity to buoy the economy, as interest rates are still near zero.

The second channel through which risk and loss can spread from Greece is other heavily indebted countries, like Spain and Italy. So far, the financial markets have not panicked over the ability of these countries to repay their bonds. But a shift in the political situation ”“ especially in Spain, where the left-wing Podemos party is doing well in the polls ”“ could change that in an instant.

Finally, a Greek default and exit from the eurozone could unleash unpredictable political forces with a knock-on effect on the European economy. After all, it was the first wave of austerity in Greece that led to the election of Syriza, a left-wing party that few had expected would ever govern.

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Greece’s prime minister has put his political clout behind the “no” camp in a referendum to decide whether the country should accept the terms of an international bailout. But the people appear to be evenly split on the issue, according to two new opinion polls.

One survey, conducted by the respected ALCO institute just 48 hours before the referendum that could decide Greece’s economic fate and future in the eurozone, gives the “yes” camp 44.8 percent against 43.4 percent for the “no” side, according to Reuters.

But a second poll, conducted by Public Issue and published in the ruling party’s newspaper, reports a 0.5-percentage-point lead for those opposed to the bailout.

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Doctors in Belgium have granted a medically depressed woman the right to end her own life.

The 24-year-old woman, named only as ”˜Laura’, told doctors she had suffered from depression since she was a child and wished to end her life, local newspaper De Morgen reported.

Laura, who entered a psychiatric facility when she was 21, told the publication: “life, that’s not for me.”

“Death feels to me not as a choice. If I had a choice, I would choose a bearable life, but I have done everything and that was unsuccessful,” she told the newspaper.

Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anthropology, Belgium, Death / Burial / Funerals, Ethics / Moral Theology, Europe, Health & Medicine, Law & Legal Issues, Life Ethics, Parish Ministry, Pastoral Theology, Politics in General, Psychology, Theology, Young Adults

In the past few days, Prime Minister Alexis Tsipras of Greece has blown up negotiations with European creditors on staving off default, then retreated and accepted more or less the same terms, only to have European leaders tell him the offer had expired.

Greeks are supposed to vote on a referendum this weekend, but no one there or elsewhere seems sure what they will be asked, or what the consequences will be for voting yes or no.

And European leaders here and in Berlin and Paris have been saying distinct ”” sometimes directly contradictory ”” things about whether there is a bailout deal for Greece still on the table, and whether they want Greece to hold its referendum before they can renew discussions about it.

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The United States defeated Germany 2-0 in the Women’s World Cup semifinal on Tuesday night in Montreal.

Second-half goals from Carli Lloyd and Kelley O’Hara were enough see the U.S. through to the final, where they will meet the winner of Wednesday’s clash between England and defending champions Japan.

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The danger now is that, just as Greece was once a trailblazer in linking a democratic transition to the European project, so it may become an emblem of a new and dangerous process: the disintegration of the EU. The current crisis could easily lead to the country leaving the euro and eventually the union itself. That would undermine the fundamental EU proposition: that joining the European club is the best guarantee of future prosperity and stability.

Even if an angry and impoverished Greece ultimately remains inside the tent, the link between the EU and prosperity will have been ruptured. For the horrible truth is dawning that it is not just that the EU has failed to deliver on its promises of prosperity and unity. By locking Greece and other EU countries into a failed economic experiment ”” the euro ”” it is now actively destroying wealth, stability and European solidarity.

The dangers of that process are all the more pronounced because Greece is in a highly strategic location. To the south lies the chaos and bloodshed of Libya; to the north lies the instability of the Balkans; to the east, an angry and resurgent Russia.

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The rector of the Paris Grand Mosque has sparked uproar by suggesting that disused churches could be turned into mosques. Dalil Boubakeur, who recently said France needed double the 2,000 or so mosques it now has, said on French radio this was a sensitive question but he thought it could be done.

“We have the same God … I think that Muslims and Christians can coexist and live together,” he said in a radio interview.

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This is just a wonderful resource–check it out.

Now: Could you argue that what’s happening in Belgium is on a continuum with what’s happening in America, that the apotheosis of Caitlyn Jenner and the death of Nathan Verhelst are both manifestations of expressive individualism in action? Yes. Could you trace, with Linker and Tocqueville and others, the roots of both forms of individualism in certain Christian ideas, certain (selectively-chosen) gospel admonitions? Yes again. Could you argue that there’s a clear cultural slope that could take Americans, too, from celebrating the man who transitions to womanhood to permitting his medically-administered quietus in the event that the transition doesn’t work out? One certainly could.

But the two stories still represent very different points on the continuum, two very different places on the path away from Christendom. I look at the celebrations of Bruce/Caitlyn Jenner and see, with Bloom and Wilkinson, a gnostic-influenced Christian heresy; I look at the death of Nathan Verhelst and see Belgian Christianity’s eclipse, disappearance, defeat. I look at the United States, sexually permissive but still deeply conflicted on abortion and moving only slowly toward limited forms of physician-assisted suicide, and see a nation that’s Americanized its Christian inheritance but hasn’t yet jettisoned it. I look at the Belgium, or at least the Belgian medical and media culture, portrayed in the New Yorker and see a social reality to which the term “Christian” no longer meaningfully applies.

Again, where precisely the break happens I can’t claim to know. But in Belgium it seems to have happened; here, not yet. Not yet.

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What led you to write How the West Really Lost God: A New Theory of Secularization? Did it begin more as a hypothesis to be tested or a thesis to be proved?

Like many Americans who have visited Europe, I was struck repeatedly by how secular some of the Continent’s societies are and how empty their churches. So the first reason I started researching into theories of secularization was simple curiosity: What makes formerly Christian precincts lose God?

And the interesting thing about the existing literature is that none of the going answers really explain the decline of Christianity in parts of the West. As chapters in my book go to show, prosperity alone doesn’t drive out belief in God, and neither does education, rationalism, or science per se. Nor do the two world wars explain it, another commonly accepted explanation.

So little by little I started re-arranging the pieces of this great intellectual puzzle, and what emerged was a new way of looking at it: one in which the fate of Christianity turns out to be more tightly tethered to the fate of the family than has been understood before.

Read it all from 2013.

Caitlyn Jenner may have given Americans a crash course in transgender acceptance. But progressive pockets of Europe are moving toward an even higher plane ”” embracing what advocates describe as a post-gender world that critics say is leaving no room for women to be women and men to be men.

In Berlin, for instance, fresh rules for billboard ads in a district of the liberal German capital read like a new constitution for a land without gender identity. Girls in pink “with dolls” are basically out, as are boys in blue playing “with technical toys.” In ads showing both adult women and men, females cannot be depicted as “hysterical,” “stupid” or “naive” alongside men presented as “technically skilled,” “strong” or “business savvy.”

Adult women ”” featured alone or otherwise ”” must not be shown “occupied in the household with pleasure.” And in one stipulation pounced upon by critics, the equal-opportunity board of Friedrichshain-Kreuzberg ”” home to Checkpoint Charlie and remnants of the Berlin Wall ”” no longer wants to see images of women “smiling for no reason.”

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Bluebird Bio Inc., a Cambridge, Mass., drug company whose market value has more than doubled to $5.94 billion this year, said Saturday that its experimental gene therapy helped a French teenager with sickle-cell disease go three months without a blood transfusion.

Doctors said the result was an encouraging early sign that gene therapy could work in the disease, but that a one-patient study of short duration made it impossible to draw firm conclusions. Study data on the patient was presented Saturday at a meeting of the European Hematology Association in Vienna.

“It’s a promising start, but it’s not definitive,” said Michael DeBaun, a physician at Vanderbilt University School of Medicine, who wasn’t involved in the study. “Three months for patients with sickle cell doesn’t tell us enough about the [treatment’s] potential benefits and risks.”

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Meghan Klingenberg — not Hope Solo — made the biggest save of the night for the United States.

Klingenberg, a diminutive defender, leaped to head a shot by Sweden’s Caroline Seger. The ball hit the crossbar and caromed away from the goal.

Goal-line technology was used to confirm the ball never crossed the line.

The save in the 77th minute preserved the 0-0 draw with Sweden on Friday night in one of the most anticipated group-stage matches at the Women’s World Cup.

“Brilliant,” U.S. coach Jill Ellis said of Klingenberg’s heroics. “Believe it or not, we actually practice that.”

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So where does that leave us? Separated churches in themselves create a mindset, a separative one at its root, but in fact a similar one all across the board. And that is perhaps the thing we must confront. The question today is no longer, “What is a Christian?” This was the old question of the Reformation and its aftermath, and it focused precisely on doctrinal questions. Is a Christian one who believes this or that? Is a Christian one who follows this or that practice? Is a Christian one who is bound to this or that order or authority?

“What is a Christian?” was the old question. And it has left us with the shrivelled and unappealing answer: “A Christian is someone who separates from other Christians.” But the new question, the question of today, is not, “What is a Christian?” but, “Who is a Christian?” This question must be answered in a new way, and with new tools theologically. It is a single question that, if answered rightly, offers a single counter-charge to the separative mindset that we all still share.

The question, “Who is a Christian?” emerges from a range of factors. Let me note two. First, there is the obvious point that, as people have shed their doctrinal clothing, in the course of the various developments I have already noted, one is left with, as it were, a “naked” religious figure – the one we call “Christian.” But what is this naked Christian? “I am not really a Catholic or a Baptist or Lutheran or an Anglican or Presbyterian,” someone might tell the Pew Forum survey. “So, what are you?” one might ask in response. Are you a Christian? What in the world is that?

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A woman in Belgium is the first in the world to give birth to a baby using transplanted ovarian tissue frozen when she was still a child, doctors say.

The 27-year-old had an ovary removed at age 13, just before she began invasive treatment for sickle cell anaemia.

Her remaining ovary failed following the treatment, meaning she would have been unlikely to conceive without the transplant.

Experts hope that this procedure could eventually help other young patients.

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European churches are currently engaged in an architectural culture war.

Cardinal Gian­franco Rav­asi declared the outbreak of hostilities in 2013 with a sweeping condemnation of many recently built churches in Italy, which, he said, were intended to win design prizes rather than to serve the needs of liturgy. Instead of seeking to create a suitable mood for celebration or meditation, architects have extolled ab­stract geometric form. Ig­noring religious needs, they “tend instead to focus on space, lines, light and sound.”

Nonsense, replied those pro­gressive architects. Con­cepts of the appropriate setting for Christian worship have changed enormously through the centuries. Throughout history reactionaries have condemned innovative buildings that over time come to be recognized as epochal masterpieces.

I can see both sides in this debate, although I do take Ravasi’s point that some recent structures seem deliberately intended to infuriate traditionalists. What is most startling is that such a debate is raging at a time when Europe’s mainstream churches have been so weakened by secularization and when the Roman Catholic Church in particular faces so many challenges. Yet, as in centuries past, these institutions are not only creating many new buildings but serving as key patrons of great architects.

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Lionel Messi is officially the Argentinian player with the most titles ever. pic.twitter.com/RTb1FBcMxe

— BarcaHD (@Barcelona_HD) June 7, 2015