Eurozone Crisis

Europe's Single Currency in Peril

Leaving Greece as a Prize for Putin

David Francis, Foreign Policy

Europe's Unbearable Logic of Union

Christopher Whalen, National Interest

Angela's Angst

Nikolaus Blome, Politico EU

Russia’s President Vladimir Putin is a hero to the Russian people for standing up to the West. He might be gaining a whole new Hellenic fan base, and that’s bad news fo...(full article)

Greece could save its economy by flattening taxes, privatising services and cutting red tape. But these are things Alexis Tsipras will never do....(full article)

It may be that the Greek debt crisis will provide the political impetus for the core nations of the EU to finally agree on completing the process of economic and political union....(full article)

She is clearly fed up with the airs and graces of Tsipras. But she is a prisoner of German history. Her angst is stronger than her anger. It’s a shame....(full article)

IT IS never pleasant to watch a relationship founder. Greece’s prime minister, Alexis Tsipras, has charged its creditors with trying to humiliate the country; he has accused ...(full article)

Most Recent Articles

Draghi, Not Merkel, Will Decide Greek Fate - M. Karnitschnig, Politico

With almost no time left for the member state to back a Greek deal, the ECB must decide on extending financial lifeline....

Would Grexit Leave Eurozone Shaken or Shattered? - Peter Eavis, NYT

It is the current doomsday scenario for Europe. Greece’s bailout talks break down for good, and the country defaults. The European authorities sever life support to Greece&r...

There Is no Clean Break With Greece - Martin Wolf, Financial Times

A Greece that could manage exit well would have also avoided today’s plight....

How to Defend a Post-Greece Euro - Mark Gilbert, Bloomberg View

With bailout talks between Greece and its creditors collapsing, it seems sensible to start reflecting on what defenses the euro might need against the fallout of a nation leaving t...

Who Exactly Does Greece Owe? - Evan Bartlett, Independent

The country’s anti-austerity Syriza government is hoping to secure a further €7.2bn (£5.2bn) on Thursday to prevent it from defaulting on what it owes to the International Mon...

EU Officials: State of Emergency Over Greece? - Banter et al, NY Times

BRUSSELS — A chorus of voices on Monday called on European Union authorities to plan for Greece to default on its huge pile of debt after bailout talks between Athens and its...

Frustrated IMF Pulls Out of Greek Talks - Zeke Turner, Politico EU

In the latest sign of mounting frustration with Greece’s response to its debt crisis, the International Monetary Fund said Thursday it was withdrawing its negotiators from di...

Creditors Go to War on Greece - Euractiv

Greek Finance Minister Yanis Varoufakis has criticises Greece's creditors for making "no concessions" and turning the negotiations "into a war"....

The Greek Trap - Roger Cohen, New York Times

More of the same might gain a few months. It will resolve nothing, sapping Europe’s energy, and Greece’s potential, for years to come....

The Self-Flagellating European Union - Jean-Marc Vittori, Les Echos

PARIS - Europe is truly a strange character. In Greek mythology, Europa was a princess kidnapped by a white bull whose breath smelled like Crocus flowers. In today's reality, it's ...

Is the Greece-Euro Relationship Beyond Repair? - Bloomberg View

With both sides said to be drawing up final proposals, and a definitive debt crunch thought to be imminent, the months of brinkmanship over Greece may at last be drawing to a close...

Austerity Is the Only Dealbreaker - Yanis Varoufakis, Project Syndicate

A common fallacy pervades coverage by the world’s media of the negotiations between the Greek government and its creditors. The fallacy, exemplified in a recent commenta...

Greece Says Deal Near, Again - Zeke Turner, Politico EU

Greece is one week away from completing a deal to secure the final €7.2 billion of its bailout program — that’s the word from Greek Finance Minister Yanis Varoufak...

Greece Tries to Resist a Euro Referendum - M. El-Erian, Bloomberg View

In 2011, overwhelming opposition from Greece's European partners forced Prime Minister George Papandreou to withdraw a proposal for a referendum seeking a “clear mandate&rdqu...

Europe Could Turn Greece into Detroit - Anatole Kaletsky, Project Syndicate

LONDON – Once again, Greece seems to have slipped the financial noose. By drawing on its holdings in an International Monetary Fund reserve account, it was able to repay &eur...

What if Apple Bailed Out Greece? - Leonid Bershidsky, Bloomberg View

That Apple should buy Greece with all the useless cash it has on hand is just a joke that won't go away. Yet it's true that, if big American corporations and European politicians h...

Greece: Compromise Not Possible - Bensasson & Chrepa, Bloomberg

Greece blamed international creditors for the failure to end the impasse over its fiscal crisis, clouding the outlook for talks that some officials had said were making progress....

Varoufakis Just Wasted Greece's Precious Time - Kaj Leers, RCWorld

While the rule normally is that "what happens behind closed doors in Brussels, stays in Brussels," this time some of the ministers present took to Twitter to confirm their anger wi...

Why Is a Hated Man Speaking for Greece? - Mark Gilbert, Bloomberg View

Yanis Varoufakis, Greece's finance minister, was variously called a time-waster, a gambler and an amateur at Friday's meeting of the euro zone finance chiefs....

Greece's Pres: No Grexit on My Watch - Christides, Bocking & Nelles, Spiegel

Time is running out for Greece and its international creditors. If an agreement isn't found by June, the country will face insolvency. The new Greek president, Prokopis Pavlopoulos...

A Greek Exit from the Euro May Soon Be Inevitable - The Economist

EVENTUALLY every long-running drama, from “Downton Abbey” to “Dr Who”, feels formulaic. So it is with Greece’s debt saga. For five years it has follow...

The EU Is the Titanic, and Greece Is the Iceberg - C Crook, Bloomberg View

The brinkmanship over Greece and its debts continues. A meeting of finance ministers in Riga on Friday is likely to pass, like many previous make-or-break moments, without resoluti...

Grexit and the Problem of Free Trade - George Friedman, Stratfor

The Greek crisis is moving toward a climax. The issue is actually quite simple. The Greek government owes a great deal of money to European institutions and the International Monet...

Greece Never Belonged, so Let It Leave - Mark Gilbert, Bloomberg View

It's worth recalling how Greece got behind the velvet rope of the euro club in the first place -- by cheating. The country couldn't clear the 3 percent deficit-to-gross-domestic-pr...

11 Acts toward a Greek Tragedy - Mohamed El-Erian, Bloomberg View

With negotiations faltering, the rhetoric intensifying and a daunting payment schedule ahead, there is mounting concern that the latest disagreements over Greece may be more than j...

That Old-Time Economics - Paul Krugman, New York Times

BRUSSELS — America has yet to achieve a full recovery from the effects of the 2008 financial crisis. Still, it seems fair to say that we’ve made up much, though by no means all...

Everybody Hates the Euro - Mark Gilbert, Bloomberg View

Currencies are the equivalent of company share prices, only for countries or regions. In the same way as investors favor the stocks of well-run companies with healthy profit outloo...

Understanding Draghi - Mohamed El-Erian, Bloomberg View

The harder part of the journey is ahead, and the ECB has yet to get the policy support it needs from member governments....

German Priorities and Eurozone Myths - Wolfgang Schauble, NY Times

The fact that the immediate sting of the global financial crisis has faded in much of the world has probably contributed to this complacency. Unfortunately, however, the world econ...

It's Time for Greece to Consider Leaving the Euro - P. Smith, Fiscal Times

Slower than a roller coaster but faster than a glacier, Europe advances toward a denouement on the Greek questions—and there are several at this point. Fearful of the answers...

Lessons in Reform from...Italy? - Klaus Zimmerman, Wall Street Journal

Rome could teach Paris a few things about how to push ahead with difficult but necessary reforms....

Eurozone Revival: Don't Get Too Excited - The Economist

RECOVERY (noun): restoration to a former or better condition. The euro zone is at last enjoying an upturn. Economists are savouring the unaccustomed pleasure of revising their grow...

Grexit: The Moment of Truth Draws Near - Andy Langenkamp, RCWorld

The eurozone and Greece can no longer simply trade accusations over who is to blame for the crisis. Athens' creditors must admit that eventual debt restructuring is inevitable. The...

The Eurozone Might Be just Fine without Greece - Richard Barwell, WSJ

It’s time to think more seriously about this possibility....

Greece Is Desperately Short of Cash - The Economist

ALEXIS TSIPRAS, the Greek prime minister, and his radical Syriza party are beginning to feel the heat. Two months of bluster by Greece’s first left-wing government have faile...

The Squeeze Tightens on Greece - Economist

The euphoria that swept the country after Syriza’s election victory in January has subsided. Greece’s creditors are tightening the squeeze on the brash, inexperienced g...

Spain's Economy Bounces Back - Christoph Pauly, Der Spiegel

After years of being one of Europe's shakiest economies, Spain has managed to institute strict reforms and bring back economic growth. But job numbers and research funding lag behi...

Greece and the Politics of Arrears - R. Kahn, Council on Foreign Relations

Greece is running out of money. Greek Prime Minister Alexis Tsipras's meeting this week with German Chancellor Angela Merkel has taken some of the toxicity out of the conversation ...

A Greek Surprise - Wall Street Journal

Creditors no longer fear that Greece might leave the euro....

How Greece's Problems Always Go Global - David Patrikarakos, Daily Beast

Last year I took a trip with my father to Messolonghi, in western Greece, to visit the monument to Lord Byron in the city’s Garden of Heroes. The 19th-century English poet ha...

Brinksmanship in the Eurozone - New York Times

Nobody expected that the discussions between Greece and the rest of the eurozone about a new loan agreement would go smoothly. But things seem to be going even worse than expected,...

Europe Should Give Greece a Chance - Yannis Dragasakis, Financial Times

We risk condemning an entire generation to a future without hope...

How Far Will the Euro Fall? - Anatole Kaletsky, Project Syndicate

The US dollar is hitting new 12-year highs almost daily, while the euro seems to be plunging inexorably to below dollar parity. Currency movements are often described as the most u...

Europe's Great Greek Chasm - Nikos Konstandaras, New York Times

When voters elected Syriza on Jan. 25, they were expressing hope for the impossible mission that it promised: loosening austerity and slashing the country’s debt while maintainin...

Polish FM: Months to Save Euro

The Latest Videos from Around the WorldPolish Finance Minister Jacek Rostowski discusses the debt crisis affecting Europe and steps needed to be taken.Posted on September 16, 2011...

Eurozone News

Charleston suspect's uncle: I'll 'p

The uncle of the accused church killer says his nephew "needs to pay for it."...

At least three dead as Tropical Dep

By Heide Brandes OKLAHOMA CITY (Reuters) - Tropical Depression Bill pelted the central United States...

White suspect confesses to deadly a

Dylann Roof, the 21-year-old white man accused of shooting dead nine people in a rampage at a histor...

Men charged in Boston beheading plo

Two New England men are due in court in Boston on Friday for a hearing tied to charges they plotted ...

Eurozone from RealClearMarkets

Eurozone from The Compass Blog

Southern Europeans Don't Trust Thei

Less than one-in-five residents of Portugal, Spain, Greece and Italy say they have confidence in the...

Why Did Angela Merkel Win a Third T

The results are in: Angela Merkel will remain queen chancellor of Germany for another four years. ...

Who Doesn't Trust Banks? Europeans

Europeans are more likely to distrust banks than anyone else around the world, according to a new ...

Greek Parliament Member Yells "Heil

An MP for the ultra-right Golden Dawn party, Panayiotis Iliopoulos, was ejected from a session in ...

Some of Greece's Best Are Fleeing t

Over 120,000 Greek professionals have fled the country since 2010, according to a study from Unive...

EU Countries and Eurozone

  • EU countries in the Eurozone
  • Austria (1999)
  • Belgium (1999)
  • Cyprus (2008)
  • Finland (1999)
  • France (1999)
  • Germany (1999)
  • Greece (2001)
  • Ireland (1999)
  • Italy (1999)
  • Luxembourg (1999)
  • Malta (2008)
  • Netherlands (1999)
  • Portugal (1999)
  • Slovakia (2009)
  • Slovenia (2007)
  • Spain (1999)
  • EU countries not in the Eurozone
  • Bulgaria
  • Czech Republic
  • Denmark
  • Estonia
  • Hungary
  • Latvia
  • Lithuania
  • Poland
  • Romania
  • Sweden
  • United Kingdom