On Monday, August 3rd, the Greek stock market is set to reopen after a long financial crisis. After the crisis hit Greece, authorities were forced to suspend all trading and limit bank withdrawals. The customers were limited to withdrawal of 60 Euros per day. This was done to stop capital from being withdrawn too quickly. There were even concerns that with cash flooding too quickly, Greece could have had to abandon the Euro. These controls were imposed on June 29th. A new restriction of the stock market is trading exclusively with cash. Greeks will not be able to trade shares using their bank accounts. Banks were reopened on July 20th, but remained constricted to 60 Euros per day for withdrawals. The European Central Bank approved the opening of the exchange, and the new bailout could be worth around 86 billion Euros. Greece is going to have some repaying to do, since Europe already gave Greece 7 billion Euros for crucial payments.
Chris Liakos, the writer for this article, effectively informs his audience of the reconstruction of the Greek financial system. He portrays an unbiased approach and states simply facts. He also adds a picture of the Hellenic Exchanges, which adds a sympathy for Greece for most readers. The picture includes the lettering outside the building and a European Union flag, which presents itself as a symbol of reconstruction. Liakos provides quality information while excluding personal opinion and presents pathos and logos.
source: CNN Money
http://money.cnn.com/2015/07/31/news/economy/greece-stock-exchange/index.html?iid=Lead
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Brian I like how you have carried on the tradition of at least one person talking about Greece per week. I love being able to catch up on the story by reading these blogs. Your analysis of the writers style was great too, keep up the good work.
Very interesting! I like how you first explained the article and then you commented on the rhetorical appeals that the author used.
I like how you told the readers the exact amounts of money during the whole post. I also liked how you talked about the author of the article! Great post!
Great job breaking down the article in the second paragraph. Greece has really been in a bad situation economically. You did very well identifying various rhetorical appeals.
The Greek economic system has been having trouble for a while now. It’s good that they are trying to make a comeback, good rhetorical evaluation of this article also.