This issue of Beach Publications focuses on Greece's debt crisis and proposed solutions. It provides a brief history of Greece, explaining how it became embroiled in a debt crisis starting in 2010. Greece accumulated large debts and was eventually bailed out by international lenders but required deep budget cuts. Proposed solutions discussed include Greece focusing on domestic reforms rather than immediate financial help from other countries and finding ways to boost its economy through tourism. The magazine also provides travel recommendations for the best islands and destinations in Greece.
2. Contents
PEEK AT THE BEAUTY OF GREECE
Greece as the Cradle of Western Civilization
03
THE GREXIT
Crest of Predicament
04
PROPOSED SOLUTION
Keeping the Beauty of Greece Ethereal
06
ENTERTAINMENT
The Best of Greece, Literary Works, Comics
08
THE WRITERS OF BEACHES
01
EDITOR'S NOTE
Jewel Vanilli
02
3. Patricia Adena
The silent but friendly Pat, a die hard
fan of Cole Sprouse, aspires to be an
artist and can't wait show her works to
the world.
01
Anjanette Datuin
The another silent type but the
romantic type of writer with her love
life in full blossom aspires to be an
accountant someday.
Jewel Vanilli Punay
An introvert who doesn't look like one
because of her quirkiness makes writing
poems her past time and aspires to be
successful in her life. Nica Ramos
The leader of the squad who says what
she wants to say as long as it's the
truth is an artist who doesn't want to
pursue art for she loves her works that
she doesn't have the heart to sell it.
Frelyn Soriano
The most attached person to her
phone like its her best friend has plans
for her future but doesn't talk about it
for she mostly is silent, just scanning
her phone.
May Diane Zerna
The most talkative of the squad who
brings juicy gossips and is always
updated with what's happening is an
extrovert who is unexpectedly grade
conscious.Inigo Emit
The chic magnet of the group with his
looks and great personality is a very
shy and an introvert himself.
4. EDITOR'S NOTE
J E W E L V A N I L L I
I have always believed that everything
happens for a reason and everything
serves a purpose. Life is full of
surprises and these surprises make life
worth living for. So, me and my friends
stumbled into this article about the
fall of the once mighty country Greece.
It was unnerving and heartbreaking since
I have always been a fan of the Greeks
with their rich culture and history,
their beaches and their ruins. And while
working on this magazine, I've just
realized that traveling is good but
traveling with a purpose is better. I
don't want to live like the Greeks
nowadays who scrape for money because of
their economy. I don't want to be just
another girl here in the world. I don't
want to be ordinary.
Difference is good but good difference
is better.
Looking back at the fall of Greece, one
will realize that they serve a purpose
in their country. It isn't enough that
one should just think of herself, she
must also consider the community where
she's living.
In this issue, me and my friends hope to
give you of what we feel when we heard
about the Greece--when everything fell
apart and there's no solution that can
guarantee its comeback, that it is
somewhat hopeless, but still, we are
hoping.
Also included here are travel
destinations you might like that may
help the economy of Greece once many
tourists visits them.
Bye for now and see you on our next
issues!Safe travels.
02
5. A PEEK AT
THE BEAUTY
OF GREECE
PAGE 03
Greece as the Cradle of Western
Civilization
Theater, Philosophy, and Democracy are in a minute what
we can attach to the realm of Olympus, the Greece. With
its rich history travelling back from the mythology of
Titans and Olympias to Socrates', Plato's, and Aristotle's
time to the creations of Homer's Iliad and Odyssey unto
the emergence of much broader knowledge giving birth
to wide branches of science. The civilization of ancient
Greece flowered more than 2500 years ago. Greece is a
peninsula in southeastern Europe.
Upon visualizing the beauty of Greece in its myths, we
can not at all declare Greece as an attractive country. Not
with its current debt crisis, that even the European zone
stated that it would actually be better off without a
country that seems to constantly need its neighbors’
support. How else can you explain a state whose borders
have not been threatened since 1922—a state that has
not suffered a domestic attack since 1944—spending so
much money on weapons?
6. Aside from being known from its triumph in Greek
War of Independence from Ottoman Empire, to
the World War 2, and to becoming a parliament
republic and joined the European zone in 1981,
Greece was also recognized by having some of its
ancient Greek Mythological heroes included in
some of the 7 wonders of the world – The Statue
of Zeus at Olympia, Temple of Artemis at Ephesus,
and the Colossus of Rhodes which featured
Helios.
After joining the European Zone, Andreas
Papandreou’s Socialist Party (Pasok) won the
election, and not shortly after, Macedonia, a
prosperous province of Greece, claimed
independence in 1991. Under Pasok’s term, Euro
was replaced wtih Drachma as the currency of
Greece, and the government changed when
Conservative New Democracy party, led by Costas
Karamanlis won the general election, ending over
a decade of Pasok’s government in
2004. Although in 2005 when the Greece ratified
EU Constitution, the parliament also approved
changes in laws.
CRESTOFAPREDICAMENT
THE GREXIT
PAGE 04
There is also a case wherein Greece, Russia,
and Bulgaria back a long-awaited deal to
build an oil pipeline which would carry
Russian oil to Europe via Alexandropoulis in
Greece in 2006. After a year, wildfires sweep
through tinder-dry forests across the mainland
and islands, killing dozens of people causing
over 10,000 of Greeks to evacuate from their
homes. Because of the matter that happened
in Greece from a reformed government,
George Papandreou from Opposition Pasok
Party won a snap election called by the Prime
Minister Karamanlis.
What does the history and facts above mean?
In an article posted in New York Times by
contributors Liz Alderman, James Kanter, Jim
Yardley, Jack Ewing, NikiKitsantonis, Suzanne
Daley, Karl Russell, Andrew Higgins and Peter
Eavis, they explained what was the latest in
Greece.
7. In December 2009, Prime Minister Papandreou
announced a program of cutting tough public
spending. Just a month after, around January to
March 2010, the government announced two
more rounds of reformation measures which faces
mass protests from the people. The cause behind
the sudden decision of Papandreou was because
of Greece’s deepen debt crisis.
The International Monetary Fund insisted that
Greece cannot meet its budget goals without
easing its debts. Since Greece’s debt crisis started
in 2010, most international banks and foreign
investors have already sold their Greek bonds and
other holdings, so they will no longer be
susceptible about what might happen to Greece.
Some also believed a comeback in Greece’s risen
economy would happen but regretted the
decision.
Even before October 2009, Greek had made an
announcement claiming an understanding about
its finances, but in a sudden, Greece was shut
from borrowing in the financial market which
resulted in an almost bankruptcy in 2010. To
avoid the calamity, or the so-called Troika, the
International Monetary Fund, the European
Central Bank and the European Commission —
issued the first of two international bailouts for
Greece, which would eventually total more than
€240 billion. Of course, the bailout came with
strict conditions, requiring deep budget cuts and
high tax increase.
The European Union might believe that the
Greece may overhaul its falling nation through
giving bailouts, yet, Greece’s economy kept
declining. The €240 billion was employed to pay
the ballooning liabilities of Greece, even if the
contract clearly stated that the said bailout must
be used to reform the government.
The reason behind all that appeared in an article
in Vice Greece, which confirmed Greece having a
long history of summing vast amounts of money.
PAGE 05
8. PROPOSED
SOLUTION
PAGE 06
Keeping the Beauty of Greece
Ethereal
Even at the peak of Greece’s debt crisis just only some
years ago, many experts worried that Greece’s problems
would spill over to the rest of the world. If Greece
defaulted on its debt and exited the Euro zone, it might
create big shock and would leave not just catastrophes
but a “Grexit”, and even if Greece does not have
adequate leverage, the European Union eyed Greece to
avoid another suspected crisis from formulating.
A proposed solution would be for the Greece to strongly
hold on to its bonds compromising with reformations in
the government. Accepting the truth that Greece would
be grasping to its neighboring countries, the €240 billion
bailout would not be enough to bring back the pride and
price of its sudden shatter. In the next 10 to 20 years, the
conditions of the bailout would only result in people of
Greece having more loans rather than the imposed
modification of the country.
9. Greece must not immediately request for
financial help, also, seek to motivate its
people to believe what the administration can
offer. Reconstructing the nation’s unity must
come first before calling for a Grexit.
The Greece government may also make use
of their current living by sending them to
allied countries and impose 10% tax for
austerity measures and modifications of the
government, and also helps pull the lower
classes by a minimal increase in Gross
National Product (GNP) and Gross Domestic
Product (GDP).
UNEARTHLY
PAGE 07
Even now, many seem convinced that, in
the end, something will be figured out—
that something will happen that stops the
country from being kicked out of the euro,
a scenario they consider a nightmare.
In spite of everything, with the country on
the edge of a national disaster and with
people running to empty ATMs due to the
imposed capital controls, many are hoping
for a miracle to come along and save their
country.
12. THE BEST OF
GREECE
Best for
BEACHES:
Zakynthos
Best for Families:
Corfu
Best for History
and culture:
Delos
PAGE10
13. THE BEST OF
GREECE
Best for Hotel:
Mykonos
Best for food:
Crete
Best for Wine:
Kefalonia
PAGE 11
14. THE BEST OF
GREECE
Best for Peace
and Quiet:
Koufunissia
Best for Eco-
Warriors: Hydra
Best for hiking:
Andros
PAGE 12
15. THE BEST OF
GREECE
Best for Couples:
Symi
Best for
Alternatives:
Skyros
Best for
Traditional
Island Life:
Karpathos
PAGE 13
16. THE BEST OF
GREECE
Best for Villas:
Skopelos
Best for Views:
Santorini
Best for Bond
Fans: Nisyros
PAGE 14
17. THE BEST OF
GREECE
Best for gay
Travelers: Lesbos
Best for
Nightlife: Rhodes
Best for Water
Sports: Lefkada
Best for
Religious History:
Patmos
PAGE 15
18. PAGE 16
"THERE ARE NO FOREIGN LANDS.
IT IS THE TRAVELER ONLY WHO
IS FOREIGN."
Labor, strive, journey and earlier from Old French
travailler which means to work strenuously, toil). In
English we still occasionally use he words travail and
travails, which mean struggle. According to Simon
Winchester in his book the words travel and travail
both share an even more ancient root: a Roman
instrument of torture called the tripalium in Latin it
means "three stakes", as in to impale. Note the
torturous connotation.
Today, travel may or may not be much easier
depending upon the destination you choose, Mt.
Everest, the Amazon rainforest, how you plan to get
there tour bus, cruise ship, or oxcart, and whether or
not you decide.
The origin of the word "travel" is most likely lost to
history. The term "travel" may originate from the Old
French word travail. According to the Merriam
Webster dictionary, the first known use of the word
travel was in the 14th century. It also states that the
word comes from Middle English travailen, travelen
which means to torment.
The origin of the word "travel" is most likely lost to
history. The term "travel" may originate from the Old
French word travail. According to the Merriam
Webster dictionary, the first known use of the word
travel was in the 14th century. It also states that the
word comes from Middle English travailen, travelen
which means to torment.
Today, travel may or may not be much easier depending upon the destination you
choose, Mt. Everest, the Amazon rainforest, how you plan to get there, tour bus,
cruise ship, or oxcart, and whether or not you decide to
19. DIVE DEEPER.
SEE THE WORLD. REACH ITS DEPTH.
Let me love you
like the waterfall---
hearing the ocean's call,
That it keeps
falling,
flowing,
and at last,
embracing,
the ocean again
and again
that you don't have
to doubt my love
'Cause you'll
always know,
I've always
only been yours.
FALLING
ENDLESSLY
20. SAIL IN THE STORM
PAGE 18
Uscrawlingintonothingness.
Thenasthelightningbecomesbrighter,
Theanswersbecomeclearer,
We'rejusthurtingeachother,
Knowingitwillbebetter,
Ifwedistanceourselvesfromone
another
Butjustthinkingofleaving
Makesmyheartstopsbeating
Isuddenlyrealized
We'restrongerthanthis
Wecansurpassthisandagainwe'llrise
Holdingonwiththehope
Thatwe'llreachtheshore
together,
Sotowardsyou,Imademyway
asIchosetostay
inthemiddleofthestorm
Watchingasourlovewasreborn.
The waves expresses its anger--
Its deep blue hue getting darker
with the rain pouring harder,
The thunder claps louder,
The lightning becomes brighter,
The distance from the shore
becomes wider;
But our love was born
In the middle of that storm.
In the middle of our storm--
The waves of your words
expresses anger,
Your eyes grew darker,
And I don't know what I'm after--
Being in the storm with you
Or being in the shore feeling the
dew,
With the sun shining bright
But without your light at sight.
As my tears stream down my
face,
Pouring harder than the rain,
My heart hurts stuck in this maze.
We're going at it over and over
again,
Without any clue when to stop,
just the questions piling up,
The doubts creeping in
And we're letting them win,
Like the rocks rocking our
relationship,
Letting it fall from the cliff,
Then crumble deep into the pit.
Your voice like thunder cuts
The air and tension between us
Bombarding me with anger, hurt
and sadness,
In the middle of
the storm,
Our love was born;
21. Our Love,
So Fine
Our Love
is like the sand
morphing into the ocean
taking its form
that no matter how many storms
grace the island
we'll remain holding hands.
So soft, so fine,
tangling the vine
of our fates into one
making me undone
For as we lay by the sand
You also become mine.
Our witness was the sand
with our wedding bands
shining brightly
Just how your eyes reflects me
So deep and pure like the sea
Keeping our promise
For all eternity.
PAGE 19
22. BACK TO THE
BEACH
Maybe
It's the salty sea
or the blue sky
that keeps my
heart longing
silently feeling
the warm breeze
'Cause I so miss
You.
Only you
can make me feel
nostalgic, still
I keep coming back
to where it all start
Here with the sand
the pine tree
Where we lay hand in hand
with the deep blue sea
brushing our feet
Loving how we perfectly fit.
Here
where it also ends
but again and again
I'm hoping
sincerely praying
to see you running
back to me
like you're hopelessly
in love with only me truly
Just as how I am in love
With you madly.
23.
24.
25.
26.
27.
28. NEW YORK TIMES
BUSINESS- GREECE DEBT
CRISIS
BBC NEWS WORLD-
EUROPE
VICE US ARTICLE- THE
HISTORY OF GREEK DEBT
AND BANKRUPTCY
THE 19 BEST GREEK
ISLANDS
B e a c h P u b l i c a t i o n s
R E F E R E N C E S
29. O C E A N M A G A Z I N E
B E A C H P U B L I C A T I O N S
T H E U S E O F
T R A V E L I N G I S T O
R E G U L A T E
I M A G I N A T I O N B Y
R E A L I T Y .
SAMUEL JOHNSON