February 26, 2013

Why the Euro Debt Crisis Never Really Ended

Michael Schuman, Time

AP Photo

The political upheaval in the Eurozone's third-largest economy in the wake of this week's national election shows us just how troubled the euro zone really is, and how dangerous its debt crisis remains to the global economy.

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TAGGED: Italy, Europe, Eurozone, Portugal, Spain, Greece, France, Germany


February 20, 2013
Euro Crisis Gnaws at Europe's Underbelly
Der Spiegel
The euro crisis may have dropped out of the headlines recently, but Spain and Italy would seem to be doing their best to bring it back. Real estate giant Reyal Urbis' bankrupcy has raised fresh concerns about Spanish banks and... more ››
February 18, 2013
Greece's Dangerous Spartan Myths
Yannis Hamilakis, LRB Blog
In the early hours of Thursday 17 January, 26-year-old Shehzad Luqman rode his bicycle from the Peristeri suburb of Athens to the farmers’ market (or bakery, according to other reports) in Petralona, not far from the... more ››
February 18, 2013
Greece's Cruel Austerity Reward
Megan Greene, Bloomberg
Greece reported recently that it has reached a primary budget surplus, the Holy Grail of austerity, meaning that once you exclude interest payments on the country’s massive debts, the country is finally taking in more revenue... more ››
February 14, 2013
Greece Torturing the Anarchist Generation
Matthaios Tsimitakis, Vice
About a week ago, a group of eight people armed with AK-47s attempted to rob a bank and a post office in the Greek town of Velventos. After being chased halfway across the northern Greek province of Macedonia and kidnapping a... more ››