Greece

Ελληνική Δημοκρατία

Becoming a Greek Neo-Fascist

Alexander Clapp, London Review of Books

How Oligarchs Ruined Greece

Pavlos Eleftheriadis, Foreign Affairs

Give Greece a Chance

Bloomberg View

Small talk wheels around percentages. The average Dawner can rattle off the party’s electoral results in every Greek prefecture; ‘536,442’ is pinned to a wall in ...(full article)

Five years after the crisis broke out there, life in Athens is still difficult. However, Greek journalist and activist Elina Makri decided to stay. She talked with Julia Korbik &nd...(full article)

To tidy its books, Athens levied crippling taxes on the middle class and made sharp cuts to government salaries, pensions, and health-care coverage. While ordinary citizens suffere...(full article)

The fiscal arithmetic isn't hard to understand. In the end, one way or another, Greece's debts will be written down, and this is widely understood. Debt forgiveness achieves this r...(full article)

Today’s decision by the Greek government to present a budget for 2015 that is in open defiance of the wishes of its European Union and IMF paymasters is of singular importanc...(full article)

Most Recent Articles

Europe's Deflated Economic Psyche - Philip Broughton, The Spectator

Deflation terrifies economists because once it starts, they have no idea what to do about it. When demand in an economy shrinks, companies cut jobs, and with fewer employed demand ...

Today's Greece, in the Midst of Crisis - Barry Strauss, The Hill

Five years after national bankruptcy shattered a recession-battered Greek economy, shook the euro to its foundations, led to violent riots in downtown Athens and spawned extremist ...

Europe's Perennial State of Fragmentation - Adriano Bosoni, Stratfor

Over the past 12 months, I have traveled extensively throughout Europe, observing firsthand how the global economic crisis is reawakening dormant trends along the Continent's tradi...

Amal Clooney Should Back Off on Elgin - Dominic Selwood, Telegraph

Her assertion that Elgin took the marbles illegally is plain wrong, and flatly contradicts all serious histories of the marbles, as well as the reasoned findings of legal experts...

China Swooping in on Italy's Grids and Brands - Rachel Sanderson, FT

The EU debt crisis opened up periphery countries to Chinese investors....

Will Lindsay Lohan Save Greece? - Dimitri Papadimitriou, New Geography

It's September, but island beaches from the Aegeans to Zante are still buzzing in Greece. Mykonos has been the summer's Go-To spot for superstars and supermodels; the mainland and ...

A Look at EU's Shameful Immigration Policy - Maximilian Popp, Spiegel

The EU is sealing itself off, fearing that if it fails to do so, even more people will come, particularly from poorer countries. But it is also true that the transformation of the ...

On Cyprus, the World Is Silent - Victor Davis Hanson, National Review

Turkey has far more troops in Northern Cyprus than Israel has in the West Bank. Greek Cypriots, unlike Palestinians, vastly outnumbered their adversaries. Indeed, a minority compri...

Identity, Not Ideology, Is Moving the World - Fareed Zakaria, Wash Post

In an age of globalization, elites have discussions about political ideology — more government, less government — but, as Samuel Huntington noted many years ago, the bottom-up ...

Is Greece Really Back? - Mohamed El-Erian, Bloomberg View

It has been two years since Greece narrowly avoided an exit from the euro area that could have been disastrous for the country and extremely challenging for Europe and the global...

The Week Golden Dawn Turned Openly Nazi - Helena Smith, The Observer

Emboldened by its recent success in European and local elections – in which the party emerged as the country's third biggest political force, thanks to a softening of image t...

Voters Worldwide Are Nixing the Left - Michael Barone, New York Post

The opinion pages, economic journals and liberal Web sites are atwitter (a-Twitter?) these days over French economist Thomas Piketty’s “Capital in the Twenty-First Century....

As Goes Greece, So Goes Europe? - Nikos Konstandaras, New York Times

While Europe struggles to cope with the economic crisis, and voters’ focus on domestic issues is seen as a swelling tide of opposition to an “ever closer union,” ...

Stars Are Aligned for a Solution in Cyprus - Ozdil Nami, National Interest

The Cyprus problem is at a critical juncture as there exists a unique opportunity for its solution. If this opportunity is utilized, a united Cyprus will be the keystone of a wider...

Saving the Euro: Inside Europe's Plan Z - Peter Spiegel, Financial Times

The plan was drawn up by about two dozen officials in small teams at the European Commission in Brussels, the European Central Bank in Frankfurt and the IMF in Washington. Official...

They Saved the Eurozone but Forgot Its People - Matthew Yglesias, Vox

Remember the eurozone crisis? You don't hear much about it anymore, which could easily lead you to the conclusion that the problems have been solved. And to an extent they have bee...

In Europe, the Far Right Rises Again - Sonni Efron, Los Angeles Times

In both Greece and Hungary, the far right is clearly growing in popularity. The question now becomes the degree to which voters in these countries and across Europe are becoming ac...

Europe's Next Moral Hazard - Hans-Werner Sinn, Project Syndicate

An increase in public debt causes a short-term surge in demand, helping to increase the degree of capacity utilization and keep unemployment in check. However, new debt is nothing ...

Good Irish vs. Bad Greeks? - Fintan O'Toole, Irish Times

Last week, a funny thing happened on the way to the Acropolis. The bad, reckless Greeks, the mad shower who had defaulted on €100 billion of debt, went back into those markets...

Be Glad for Greeks Bearing Gifts - Christian Science Monitor

Greece's welcome return to financial markets after years of austerity shows Europe's economy is on the mend. Belt-tightening in the most-troubled euro nations is leading to growth....

World Economy May Be Stuck in Neutral for Years - J. Warner, Telegraph

Low interest rates in the US and Greece are not a sign of recovery, but a warning of permanent stagnation, creating the potential for future financial instability...

Is Greece Really Out of the Woods? - Desmond Lachman, AEIdeas

Before placing too much weight on the market’s apparently rosy assessment of Greece’s economic prospects, it is well to recall the market’s very poor track record in antici...

Greece Is Pulling Off an Amazing Recovery - Peter Coy, Bloomberg

This chart tells a remarkable story. Just two years ago, Greece was on the ropes. The yield on the Greek government’s 10-year debt hit a punishing and unsustainable 30 percent....

Why Europe Needs More Believers - Gilles Finchelstein, Irish Times

Europe’s big problem is its tendency to repeat at will the idea that the problem is Ireland, or Germany, or France, or someone else. The endless search for scapegoats is a si...

Greece's Desperate Youth - Theodora Matziropoulou, Suddeutsche Zeitung

It’s Saturday evening in Thessaloniki, and near my apartment building I’m approached by a young man I suspect is a drug addict. He asks me for money....

Regulation on Yogurt Is Blocking Greek Recovery - Peter Gumbel, Reuters

The news that Greek-style yogurt maker Chobani is looking to sell a minority stake that would value the company at around $2.5 billion should in theory be a big boost for Greece&rs...

What Really Went Wrong in Greece? - Daniel Gros, Project Syndicate

What went wrong in Greece was not the fiscal adjustment. On the contrary, austerity was perhaps too successful (and painful). But it was the wrong target....

How David Cameron Could Reshape Europe - Fraser Nelson, Spectator

If David Cameron were to divide Europe up, he’d make some crude distinctions. There would be the basket cases, like Italy, Spain, Greece, France — examples, by and larg...

Lord Byron, Global Interventionist - Michael Weiss, The Daily Beast

Poet and rake, Lord Byron was also a global interventionist with brains and savvy. What Lord Byron learned when he waded into the fight for Greece’s independence -- and why it st...

A Greek Tragedy Still Looms for Europe - Dan O'Brien, Irish Independent

While the world's gaze has been elsewhere over the past 18 months, Greece remains by far the weakest link in the chain that holds the 18 states of the eurozone together. The Greek ...

The Reform Split in Southern Europe - Financial Times

Almost four years since the start of Europe’s sovereign debt crisis, the debate on the effectiveness of the eurozone response is still far from settled. In particular, economists...

Finally, Some Good News from Greece - Giorgos Christides, Der Spiegel

A SPIEGEL report that German Finance Minister Wolfgang Schäuble is considering a third rescue package for Greece has electrified the struggling nation. Athens wants to impress...

It's Time to End the Olympic Games - Charles Lane, Washington Post

Supporters speak of the Olympics as a “movement,” as if the Games were some sort of insurgent force for good, not the leviathan they are. What we really need is a movem...

Modern Greece: A Nation Born in Debt - Richard Werly, Le Temps

So what is the solution to the Greek debt crisis? The question also tormented Eynard between the 1830s and 1850s. Ultimately, the wealthy banker, who earned his fortune two decades...

Can Privatization Save Greek Treasures? - C. McDonald-Gibson, Time

Many objects dug from the earth or drawn from the legends of Nemea could be used to promote the ancient Greek site: the mythological Nemean Lion slain by Hercules in the first of...

How to (Carefully) Predict Global Events - Robert Kaplan, Stratfor

While half of reality is utterly unpredictable events involving individuals, the other half is composed of large geographical, demographic, economic and technological forces whose ...

Has Greece Turned the Corner? Nope - Pauly, Schmitz & Schult, Der Spiegel

Greece, which took over the European Council presidency on Jan. 1, claims it is returning to economic health and is even expecting modest growth this year. But a closer look raises...

The EU's Weak Link Must Hold - Nikos Konstandaras, New York Times

The European Union’s rotating presidency may be a symbolic gesture toward equality, but it does allow us to measure a country’s fortunes each time it finds itself in th...

Biggest Losers of 2013 - Walter Russell Mead, The American Interest

What a difference a year makes. The US has been forced to pivot back to the Middle East, and not because things were going well. Al Qaeda is back, having successfully morphed from ...

Can Greece Repair Its Reputation? - Colin Freeman, Daily Telegraph

Brussels bureaucrats are not known for their humorous side, nor indeed are German politicians or Eurozone finance chiefs. But anyone wandering through Syntagma Square in Athens the...

Is Fascism Returning to Europe? - F. Finchelstein & F. Bosoer, NY Times

Broadly speaking, populist movements, which tend to gain traction following the implementation of austerity measures, are an attempt to redress perceived crises of representation i...

EU Crisis Isn't Down to Lazy Greeks - Mehdi Hasan, New Statesman

Few historians would dispute that the astounding growth of the postwar German economy and the ascent of Germany to world economic power status wouldn’t have happened without ...

Greece's Dismal Demographics - Nikos Konstandaras, New York Times

The most frightening figure is a Eurostat projection which estimates that, in 2050, 32.1 percent of the Greek population will be over 65, compared with 16.6 percent in 2000. And th...

A Greek American's Identity Crisis in Athens - Matt Vasilogambros, NJ

I'm proud of my heritage. My friends and colleagues know this well. I'm proud of my dad every day for living up to the promises of the American Dream. And I love my Greek family. T...

Greece's Reforms Have Only Cracked the Surface - Aristides Hatzis, WSJ

Powerful vested interests thrive on the levies, fees, subsidies and barriers to entry that Greece needs to eliminate....

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