March 29, 2012

The Collapse of Athens

Julia Heyer, Der Spiegel

AP Photo

As Greece struggles to master its devastating debt problem, decades of mismanagement have taken their toll on the country's once-proud capital. Athens has degenerated into a hotbed of chaos and crime, where tensions between Greeks and immigrants have led to attacks on foreigners by the far-right.

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TAGGED: Greece, Eurozone


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The Economist
MOST came quietly in the end. After a tortuous process, the majority of private holders of Greek government bonds had agreed by March 9th to trade in their bonds for new longer-dated ones with less than half the face value of the... more ››
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