October 30, 2012

Austerity Has Yet to Come to Greece

Nikos Tsafos, The National Interest

AP Photo

The idea that deep cuts are pushing Greece to the brink makes for great punditry. But it is a woefully incomplete description of what is really happening. Austerity is not killing Greece. Instead, austerity has yet to come to Greece.

Read Full Article ››

TAGGED: Greece, austerity


October 30, 2012
How About Austerity for the EU, Too?
Daniel Hannan, Telegraph Blogs
The change has been so sudden, so dizzying, that commentators are struggling to keep up. As recently as a a couple of years ago, British Europhiles used to aver that we shouldn't get too hung up about our budget contributions.... more ››
October 30, 2012
Corrupt Greece Arrests the Messenger
New York Times
Greece’s slow and cumbersome justice system moved with stunning swiftness over the weekend to arrest and charge a respected investigative journalist who published a list of prominent people with Swiss bank accounts.... more ››
October 24, 2012
Greek Debt Must Be Wiped Clean
Stephen Grenville, The Interpreter
Financial markets are beginning to feel a little more relaxed about the future of the euro, but there is a critical missing element in the current policy discussion. With attention focused on Spain's larger-scale problems, it... more ››
October 21, 2012
Golden Dawn Rises in Greece
Anthony Faiola, Washington Post
To fulfill its promise of a Greece for Greeks alone, the party appears willing to go to great lengths. Its supporters — in some instances with the alleged cooperation of police — stand accused of unleashing a rash of... more ››
October 17, 2012
Corruption Goes Unchecked in Greece
Julia Amalia Heyer, Der Spiegel
While Athens waits for more aid from the European Union, the country continues to be administered in the same old careless manner. Corrupt politicians and the rich continue to help themselves to Greece's funds, and little is... more ››