Agreement has been reached over a deal to keep Greece in the Euro, for the time being at least. But, Mustafa Cirakli says, the problems in the country and the whole Eurozone are far from over. Damned if you do, damned if you don’t! Such was the predicament in which the SYRIZA-led Greek government stood in […]
Is the Ship of Fools setting sail from Europe?
The Ship of Fools – in Foucault’s book Madness and Civilisation – set sail from Basel in the 14th Century. Today the European Central Bank is launching its own Ship of Fools with quantitative easing, argues Ian Crowther. Basel is home to a museum of alchemy and micro prudential banking regulation. It was also where […]
Drastic action needed to reverse European political trajectory
Costas Simitis, a former Greek Prime Minister, has urged Europe’s political leaders to demonstrate solidarity and have a vision for Europe’s future, reports Ewan Munro. Given the traumatic nature of recent Greek political and economic history, and the extent of the demands placed on the Athens government by the Troika, it might have been expected […]
‘Euroscepticism Lite’: the Greek verdict on EU membership
The country that suffered the most in the Eurozone crisis is seeking EU reform, not withdrawal, explains Dr George Kyris. The European Parliament elections that have just taken place were arguably the most important in the history of the European Union. The European Parliament has more power than ever before, demands have grown for greater […]
Failure of Euro leaders will be felt at the polls
Analysis of Greece’s financial meltdown has tended to focus on the deficiencies of the Economic and Monetary Union, but the crisis was also the result of failures by the Eurozone’s leadership in terms of co-ordination and communication, explain Prof Dimitris Papadimitriou and Dr Sotirios Zartaloudis. And they argue the results of this European failure of […]
History lesson is reminder of Italy’s political might
Italy is one of Europe’s great nations, and Mussolini’s rise to power helped shape the first half of the twentieth century. So the significance of Italy’s contemporary political scene should not be overlooked, explains Dr Christian Goeschel. Italy is often ignored today as a serious political force. It is seen as part of the Eurozone’s […]