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But Greece's Ponzi-scheme approach to public finance has, by exposing the risks in a one-size-fits-all monetary policy, done Europe a good turn. To save the euro, the euro zone may have to shrink ...
To bolster its response to the blazes, Greece turned to the European Union for help. Alexandros Avramidis/Reuters The fire around Dadia was still burning on Wednesday, for a 12th consecutive day.
If Greece were to exit and its banks default, it would set an alarming precedent. “In every future crisis, the question would be whether this was the ‘exit moment,’ ” the FT ’ s Martin ...
In Greece, a cycle is ending, and the country is returning to political normality. But across Europe, the legacy of its crisis is still a factor.
With nascent independent Greece in chaos, European powers gathered in London and installed a king—Otto, a Bavarian prince transplanted—and set limitations on the Greek military.
Greece has declared a three-month halt to all asylum applications for migrants arriving from North Africa. The European Union is hardening its borders, even if it means trampling on its own laws.
But Greece is just holding a gun to its own head—and Europe does not need to care very much if it pulls the trigger.” Of course, that analysis may turn out to be incorrect.
As brinkmanship over Greece’s bailout program intensifies, Europe is debating the potential financial and strategic consequences of a Greek exit.
Greece’s new leader and his ministers are behaving like fools in their debt showdown with the European union. So claims much of the punditry and you won’t find an argument here. They’ve ...
No country has done more than Germany in recent times to raise living standards and democratic norms across Europe, which is one reason the country that once bedeviled the continent emerged as the ...
Greece has proposed a multibillion-euro European fund partly financed by a gas levy on power producers to support households and businesses struggling with soaring energy costs and help Europe ...
As the legal ordeal of two aid workers shows, anti-migrant attitudes in Greece and across Europe have hardened — to the point that the helpers have become political targets.