In the wakes of Greferendum not Grexit

  • Cyprus

Mustafa Akıncı, president Northern Cyprus and alumni of Middle East Technical University, Faculty of Architecture. Mayor of Lefkosa Turkish Municipality  of 14 years from 1976 to 1990.Leader of Communal Liberation Party (TKP) 1979-2001.Deputy Prime Minister and Minister of Tourism between 1999 and 2001. Founder and the leader of the Peace and Democracy Movement (BDH). Author of biography 14 years as Mayor. Married with three children and grandchildren.

Özkan Yorgancıoğlu, Prime Minister of Northern Cyprus and leader of Communal Liberation Party (TKP). Alumni from  Istanbul University’s Department of Economics and Public Finance and degree in Political Science in 1980. Married with two children.

Harris Georgiades has been Cyprus Finance Minister ever since 2013.

Cyprus also has an unemplyment rate of 16 % while the country’s youth unemplyment is over 34 %. Similarly to Greece the country was also affected by the 2012-2013 financial crisis after entering the EMU back in 2004. Even though they are in the same predicament as Greece they will not resort to a similar solution as Greece.


  • Spain

Royal family and ruler Felipe VI and his Queen Letizia. Their two daughters Princess Leonore and Infantinna Sofia.Infantinna Elena Duchess of Lugo and her son and daughter. Infantinna Christina and three sons and a daughter.

Pedro Sanchez, leader of Spain’s Socialist Worker’s Party. Married with two daughters . Has a doctorate in Economy from Camilo José Cela University.

Maria Dolores de Cospedal leader of People’s Party first postion in the  Junta of Communities of Castile-La Mancha . Divorced her first husband in 2006 and is a single mother to son Ricardo concieved through IVF. Remarried second husband Ignacio López del Hierro, in 2009. Graduate in law from the Universidad San Pablo-CEU of Madrid.

Luis de Guindos Jurado is the Minister of Economy and Competitiveness and a member of the Socialist Party. He has a Bachelor of Economics and Business at the Colegio Universitario de Estudios Financier.

Like Greece Spain has a youth unemployment rate of 49 % in comparision to the national or general unemplyment at just under 24 %. Spain joined the EMU as early as in 1999 yet the financial crisis in Spain begun as late as in 2008 like Greece they had to request for an additional extended loan of 100 € billion rescue deal from ECB and IMF. The crisis is still not resolved.

Since the Spanish financial crisis was so severe and seems to continue it’s known as the Great Spanish recession.


  • Portugal

Aníbal António Cavaco Silva, re-elected president since 2011 became president in 2006. Previously Prime Minister from 1985-1995. Degree in economics and finance from the Technical University of Lisbon. Doctorate in economics from University of York, assistant professor at the ICEF in 1974. Professor at the Catholic University of Portugal in 1975, extraordinary professor at the New University of Portugal in 1979. Director of the Office of Studies at the Bank of Portugal.

Married since 1964 and one son and one daughter.

Pedro Manuel Mamede Passos Coelho, Portugal’s Prime Minister and leader of Social Democratic Party. Studied mathematics at University of Lisbon. Unable to be accepted into Lisbon Medical School due to low marks.

Degree in economics from  Luísada University in 2001. Had his first child at 24 with first wife and remarried his second wife and had a third daughter in second marriage.

Maria Luís Albuquerque, is the current Minister of State and Finance after replacing her predeccesor Vitor Gaspar in 2013. She  graduated in Economics in 1991 from Universidade Lusíada, in Lisbon, and holds a Masters degree from 1997 in Monetary and Financial Economics from ISEG, Technical University of Lisbon.

Is married with three children.

Like Spain, Portugal joined the Euro in 1999 while the general unemployment rate in Portugal is under 14 % the youth unemployment is over 30 %.


  • Italy

Sergio Mattarella, president of Italy and he was able to be elected since he was older than 50 years old. Previously a constitutional judge Member of the  Arizone Catholica, Catholic law association. Law degree from Sapienza University of Rome,  teaching Parlimentary procedures at University of Palmero.

Widower with three children.

Matteo Renzi, Prime Minister and leader of Democratic Party. Previously President of Florence 2004-2009, Mayor Florence 2009-2014. Law degree from University of Florence . Employed in CHIL Srl marketing company owned by his family. Shorter period as football referee.  Party Secretary of Democratic Party since 2013. Youngest Prime Minister (elected as Prime Minister before his 40th birthday) since 1861 and unification.

Married since 1999 and has three children.

Pier Carlo Padoan is Italy’s Minister of Efconomy and Finances ever since 2014. Previously he served as the director of the IMF from 2001-2005. He also vice secretary general for the OECD since 2007.  Professor of Economics at the Sapienza University of Rome.

Like Portugal and Spain, Italy joined the EMU in 1999 and irionically Italy was expected to the first victim of the debt crisis since joining the EMU Italy can no longer devaluate it’s currency to reflect demands and assets. As the result from the Grexit vote came Renzi stated that Italy would not look for the same solution as Greece to their financial crisis. Their general unemployment rate is under 12,5 % and the youth unemployment rate is near 42 %.

♥쟈금은 안녕

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