July 29, 2012

In Cyprus, a New Generation Inherits Conflict

Christopher Torchia, Associated Press

AP Photo

In a strange twist, divided Cyprus has taken on a role meant to unify, this month assuming the rotating presidency of the European Union, a six-month stint that gives it a self-promotional platform even as it scrambles for a multi-billion dollar bailout to support its troubled banks. In another quirk of split-screen Cyprus, it is seeking money from oil-rich Russia, an increasingly important friend, in addition to the EU, as it tries to avoid the austerity measures that would likely come with any European aid.


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TAGGED: Turkey, Greece, Cyprus


July 17, 2012
Europe Is Good for Greece - and Turkey, Too
German Marshall Fund
  It is tempting to look at the trajectories of Greece and Turkey - two neighbors bound by a history of competition - and conclude that gaining European Union membership hurt Greece as much as not gaining it helped Turkey.... more ››
July 17, 2012
Eurozone Endgame Will Begin in Greece
Costas Lapavitsas, The Guardian
Greece won't be able to make its austerity policies stick and, as the global depression worsens, will have to leave the eurozone. more ››
July 27, 2012
In Europe, Decades of Dishonest Politics
Anne Applebaum, Wash. Post
Another day, another set of crisis headlines—but there is a silver lining: Finally, Europeans are being forced to face up to decades’ worth of fundamentally dishonest politics. more ››
July 26, 2012
Greeks Live in Dread of Troika Verdict
Daniel Steinvorth, Der Spiegel
Financial inspectors from the troika have arrived in Greece to draft their final report on whether the country has made enough progress with its austerity and reform efforts. But many Greeks have already lost hope and are... more ››
July 23, 2012
The Threat to Greek Democracy
E. Wayne Merry, The National Interest
Everyone knows Europe faces the potential for Greek financial collapse, with serious ramifications for the euro zone and its financial institutions. Less discussed is the Greek impact on another key European institution, the less... more ››