October 9, 2012

Greece's Debt Problems Aren't Going Away

Stefan Kaiser, Der Spiegel

AP Photo

Greeks are hoping to hear Chancellor Angela Merkel express solidarity with the crisis-stricken country during her Tuesday visit to Athens. The situation, however, remains dire. If Greece is to remain in the euro zone, either more aid or another debt restructuring program will be necessary -- and possibly both.

Read Full Article ››

TAGGED: Angela Merkel, Europe, Eurozone, Greece

RECOMMENDED ARTICLES

October 1, 2012
Welcome Back to the Eurozone Crisis
Wolfgang Munchau, Financial Times
Have you noticed that the half-life of eurozone optimism is getting shorter? It was only three weeks ago that Mario Draghi, the European Central Bank president, announced his outright monetary transactions, a programme of... more ››
Anyone who thought the euro crisis was coming under control might want to think again. Only three weeks after the European Central Bank calmed markets with its open-ended promise to support sovereign bonds and hold down borrowing... more ››
October 7, 2012
Immigrants as Scapegoats in Greece
The Economist
Golden Dawn is not only stepping up its vigilantism and attacks against immigrants. Nikos Michaloliakos, the party leader, encourages displays designed to show Golden Dawn’s social conscience, through public distributions of... more ››
October 8, 2012
Europe's New Fascists
Niall Ferguson, Newsweek
Nothing was easier to predict than this: that the crisis of the euro zone would spark a nationalist backlash. Golden Dawn is not just xenophobic; it is also Europhobic. The same thing has happened in the Netherlands: there, Geert... more ››