Greece

Ελληνική Δημοκρατία

Bidding Goodbye to Schengen

Gwynne Dyer, Japan Times

The Varoufakis Effect?

Yanis Varoufakis, Project Syndicate

The Greece of the Caribbean

Andres Velasco, Project Syndicate

Thanks to the country’s location, the vast majority of refugees entering Europe in the current crisis—50,668 out of 54,500 so far this year—come through Greece. T...(full article)

The brutal truth is that most of the people crossing from Turkey into Greece, including the Syrians and Afghans who come from war-torn countries, are “asylum-shoppers.”...(full article)

Demagogues oversimplify things by making false promises and excessive accusations. They — and, through them, their supporters — are always in the right, no matter how m...(full article)

Similarly, in the case of Greece, the collapse in business confidence happened under my watch. But the cause was that our creditors, the so-called Troika (the European Commission, ...(full article)

There was a time when it might have been said that Puerto Rico, in the midst of a wrenching debt crisis, was returning to its Latin roots. After all, Latin American governments wer...(full article)

Most Recent Articles

Another Greek Threat to the Euro - Bloomberg View

Greece is a small country, but for much of 2015 its problems were big enough to threaten the survival of the euro system. A year after Alexis Tsipras took charge as prime minister,...

Greek Debt Is Key to the Refugee Crisis - Gideon Rachman, Financial Times

It is time to think creatively about how these two problems could be linked into a diplomatic package that helps to fix them both. The broad outlines of the deal would be simple. G...

Syriza Sold Its Soul for Power - Costas Lapavitsas, Guardian

Alexis Tsipras has embraced wholesale the austerity he once decried....

Angela Merkel: The Isolated Chancellor - Feldenkirchen & Pfister, Spiegel

Chancellor Angela Merkel spent a decade amassing political capital. Now, with the refugee crisis showing no signs of abating, she has decided to spend it. With her legacy in the ba...

The Fault Lines at Europe's Core - Joel Weickgenant, RealClearWorld

Swedish border checks on the Oresund Bridge are a powerful symbol of how much has changed in a year. The measures are the first of their kind seen among Nordic countries in 60 year...

Greece Makes a New Pitch to Europe - Ryan Heath, Politico EU

Athens tries to sell creditors on an overhauled pension system in exchange for a return to capital markets....

Greece's Two Currencies - Yanis Varoufakis, Project Syndicate

Greece today (and Cyprus before it) offers a case study of how capital controls bifurcate a currency and distort business incentives. The process is straightforward. Once euro depo...

Another Harsh Year Awaits Greece - Stratfor

In the days ahead, the Greek government will begin another round of complex negotiations with its creditors and political parties on a new phase of economic reform. At the center o...

A Glimmer of New Year Hope for Greece - Simon Nixon, Wall Street Journal

A reformed and reinvigorated New Democracy capable of providing robust opposition could put pressure on Syriza to live up to its own ambitious but largely unfulfilled reform promis...

The 20 Percent World - John Micklethwait, Bloomberg View

Corruption and inefficiency -- whether in the form of America’s money politics or the EU’s lack of accountability -- partly explain why the ills of the Western world ha...

At Greece's Borders, a Test for Europe - Nikos Konstandaras, NY Times

ATHENS — The deceptively beautiful waters between Greek islands in the eastern Aegean and the Turkish mainland are the border between Greeks and Turks, a dividing line that h...

Why Spain Is Not Greece ... Yet! - Cas Mudde, Huffington Post

Spain has gone to the polls and, as expected, the two established parties have gotten a routing from the voters. The center-right Popular Party (PP) of Prime Minister Mariano Rajoy...

Europe the Unready - Paul Krugman, New York Times

Ideally, Europe would respond to these setbacks by strengthening its union, creating more of the institutions it needs to manage interdependence. But the political will for that ki...

Europe's Last Straw? - Harold James, Project Syndicate

The European Union is facing a truly terrifying array of crises. After prolonged euro and sovereign-debt crises polarized and radicalized the continent, creating a deep north-south...

22 Shipwrecks Found in One Spot in Greece - Rossella Lorenzi, D-News

Underwater archaeologists have discovered 22 shipwrecks around a small Greek archipelago, revealing what may be the ancient shipwreck capital of the world....

Is Portugal Europe's Next Greece? - Desmond Lachman, The Hill

Anyone who thinks that Europe's sovereign debt crisis has been resolved should take a closer look at Portugal. The country's increased signs of political dysfunctionality, coupled ...

Greece's Bailout Deal Is Starting to Show Cracks - David Francis, FP

The European Union’s agreement to provide Greece with the 86 billion euros, or $95 billion, bailout that Athens needs to stay solvent is beginning to show signs of strain, wi...

Greece's Long Road From 'No' to 'Yes' - Nikos Konstandaras, NY Times

So once again, we have a government that has halfheartedly committed itself to austerity and reform in exchange for lifesaving loans. Syriza won snap elections on Sept. 20, as vote...

A Crisis in Democracy's Cradle - Vasilopoulou & Halikiopoulou, World Affairs

Greece’s economic instability has become the Western world’s longest-running monetary crisis. Will Germany allow the EU to keep propping up Greece’s unstable fina...

Greek Mission Impossible - Zeke Turner, Politico EU

None of which will help the European Commission, as sole purveyor of reform advice to Athens, overcome one major problem on the ground which de Bruijn, who is now a magistrate in T...

Varoufakis: EU Can No Longer Be Politics-Free Zone - Spiegel

Varoufakis: Yes, but it doesn't have to be an inevitability. The United States has always responded to crises by establishing stabilizing institutions, like the Federal Reserve Ban...

Greeks Lose Their Illusions - Yanis Varoufakis, Project Syndicate

Tsipras understands that his government is skating on the thin ice of a fiscal program that cannot succeed and a reform agenda that his ministers loathe. While voters wisely prefer...

Greece's Emerging Barter Economy - Liz Alderman, New York Times

ATHENS — Thodoris Roussos stood in his butcher’s shop and pointed to a large white delivery truck at the curb. For months, he had put off replacing the tires, because G...

New Greek Cabinet Sworn in With Few New Faces - M. Kambas, Reuters

Greece's new cabinet was sworn in on Wednesday, bringing in few new faces as re-elected Prime Minister Alexis Tspiras sought continuity in pushing through economic reforms under th...

5 Lessons From Greece's Election - Angelos Chryssogelos, Newsweek

Alexis Tsipras's left-wing Syriza won a new mandate in Greece's snap elections on Sunday after the prime minister's support for a harsh new bailout package imposed by the country's...

Greece Gives Europe a Chance - Mohamed El-Erian, Bloomberg View

Determined early action by Europe to ease Greece's excessive debt burden would give a boost to a new Syriza government that must still implement a series of difficult economic and ...

Syriza Defies Polls, But Will It Last? - Economist

Despite a U-turn on accepting austerity, Alexis Tsipras remains in charge....

Battered Greece - Roger Cohen, New York Times

MOLYVOS, Greece — Here’s a rough guide to the modern world: More efficiency, less humanity. Technology is principally at the service of productivity. Acts of irrational grace a...

A New Europe, Ready or Not - Joel Weickgenant, RealClearWorld

In the Europe of yore it was possible to craft an external policy focused on internal movement, shutting the gates to the world and leaving its constituent states to deal alone wit...

Poor Choices for Greek Voters - Megan McArdle, Bloomberg View

Greece is having an important election on Sunday, and nobody seems to care. Last night I went to a rally here in Athens for New Democracy, the center-right party that has, somewhat...

Electoral Storms Ahead in Europe? - Andy Langenkamp, RealClearWorld

The Financial Times' Gideon Rachman recently wrote: "At some point, the desperation and hopes of the refugees are likely to collide with the fears and resentments of European voter...

And Yet Another Greek Election - New York Times

The line between disillusionment and despair is a fine one, and it’s not easy to tell where Greeks fall as they prepare for their third bout of voting in less than eight mont...

Europe's Best Hope for Greece? - Bloomberg View

It wasn't so long ago that Alexis Tsipras was describing the International Monetary Fund as "criminal" and demanding that Germany pay war reparations to Greece. That he is now Euro...

Another Election Won't Fix Greece - Independent

The principal problem with Greek politics is that Greek politicians, political parties and voters – or at least an uncomfortably large proportion of them – think that G...

The Secret Greek Islands - Lindsay Talbot, Conde Nast Traveller

Antiparos is a place for those who seek and require no society but their own. On this small island old men sit beneath ancient oak trees playing backgammon, while the hippies who w...

Greek Election May Reopen Can of Worms - Hugo Dixon, Reuters

The upcoming Greek election may reopen the can of worms that the country’s recent 86 billion euro bailout deal with its creditors was supposed to close. Given that no party i...

Europe Must Lighten Greece's Load - Christian Odendahl, CER

Greece’s debt burden needs to be reduced, but maturity extensions on existing loans are not enough for Greece to return to the markets....

Tsipras Rolls the Dice - Felicity Capon, Newsweek

The Greek prime minister is "still the man to beat" in Greece, analysts say, after he announced this week that snap elections would be held next month, making it the country's thir...

The Greek Bailout Could Topple Dutch Premier - Dina Pardijs, ECFR

The Greek crisis may have claimed an unexpected new victim: Dutch Prime Minister Mark Rutte....

The Greek Revote - Wall Street Journal

Tsipras is still the favorite but maybe he can shed the far left....

Tsipras Calls a Referendum on Himself - David Francis, Foreign Policy

Greek Prime Minister Alexis Tsipras resigned Thursday, triggering a new national election. That vote will be a referendum on his leadership as he accepted austerity in exchange for...

Looting Greece's Ancient Wealth - Nick Romeo, National Geographic

ATHENS—Recently police in Greece have noted a spike in a surprising kind of crime: People with no prior criminal record are looting Greek antiquities....

Welcome to Greece, but Fend for Yourself - Raniah Salloum, Der Spiegel

Along the beach promenade on the island of Kos, a small settlement of tents has sprung up. Colorful clothing flaps in the breeze, hanging from a palm tree after having been washed ...

Syriza Seems Set to Split - Helen Popper, Politico EU

A showdown with rebels in the Syriza party looks inevitable in September....

About Greece

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