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Eurozone

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Greece's Future, and the Euro's - New York Times

The referendum called by Greece’s prime minister is a bad idea, but at this stage it’s about the best available. Greek banks have been shut down to avoid a meltdown; bailout...

The Dark Political Power of Humiliation - L. Bershidsky, Bloomberg View

The ancient Greek historian Thucydides said people went to war motivated by honor, interest and fear. The current Greek government's decision to break off talks with creditors is a clear...

Fair or Not, This Is Merkel's Crisis Now - Judy Dempsey, Carnegie Europe

By calling a referendum for July 5 on whether Greece should accept the latest conditions of its international creditors in return for receiving new loans, Greek Prime Minister Alexis...

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