The Greek government is to surrender powers over vast areas of economic and social policymaking to its eurozone creditors under draconian terms agreed for a new three-year bailout.
An EU summit in Brussels on Thursday, the first since the summer break, will see more of the same – no big breakthrough, but a tug-of-war over a German push for yet more fiscal discipline in the eurozone, with governments and parliaments pressed to surrender powers over budgets and economic policy-making.
PAGE C1 CHANGING OF GUARD REVEALS A SHIFT When Daily Variety's longtime editor in chief, Peter Bart, surrendered power over the weekend, many industry people learned not from the company's Web site, where it broke the news, but from an e-mail alert sent by a blog, thewrap.com, that did not exist six months ago.
The deal, which surrenders powers over huge areas of economic and social policymaking to Greece's international creditors, also has to be ratified by a number of national parliaments, including Germany's – a process Athens wants completed in time for it to make a major €3.2bn payment to the European Central Bank on 20 August.
It claimed to seize power in the name of the revolution, but after months of ineffectual rule, suspicions over its willingness to fully surrender power and a plan for elections that has satisfied few, the council's appeal has diminished.
Egypt has seen sporadic bouts of violence since the fall of Hosni Mubarak, and there are growing doubts over whether the ruling army council intends to surrender power fully.
The military will not readily surrender power.
His reluctance to surrender power despite his illness underlined just how personal his regime was.
Baby boomers will have to surrender power before they are ready".
Turkey, like the United States, has yet to demand that Mr. Assad surrender power.
