Five last-minute thoughts about the Greek election
Greece’s deep-seated problems are decades old and normal. What’s abnormal is the chance to blow it all away.
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The far left party Syriza won the Greek elections after telling voters much of the country’s debt would be written off. How likely is this?
In a special report, Yanis Varoufakis, tipped to be Syriza’s new finance minister, argued that Greeks were being unfairly penalised during the crisis. But how badly were Greeks affected?
Greece’s deep-seated problems are decades old and normal. What’s abnormal is the chance to blow it all away.
For all its recent moderation, and the clear professional expertise of its economics team, no party like Syriza has ever been in power in a European democracy.
They spend their lives dealing, trading, monitoring and watching. Yet last week, when the Swiss Central Bank detached the Swissie from tracking the Euro, it turns out they knew nothing.
The liner is sinking and after some delay the captain orders: launch the lifeboats. But, he says, the first, second and steerage class must each travel in separate lifeboats. If the lifeboats take on water, the passengers are instructed not to help each other, since this would violate the principles of the ship – which…
If it sounds like a multiplayer 3D chess game, then that’s what it really is. The technical term for it is currency war.
Have the Saudis and the United States conspired to collapse the price of oil – and in the process the Russian rouble?
Police release video of an “airborne battalion of anarchists”, using Parkour to evade capture in a recent riot. Welcome to Greece as its parliament prepares to elect a president.
Ahead of the chancellor’s Autumn Statement tomorrow, here are eight questions about the speech, the economy and the politics answered.
In this German town of deserted factories, there is an important lesson in why the government wants balanced books more than growth.
Germany’s economy is spluttering, deflation is growing and the UK’s FTSE is going nowhere – did the post-Lehman crisis ever go away?
Germany suffers its sharpest drop in industrial production since 2009 – boosting fears that the EU’s economic powerhouse could head for recession and trigger a crisis across Europe.
As the Eurozone project goes on failing, it is dragging the institutions and economies of Europe into a zone of disrepute that will drive anti-EU sentiment here.
After every financial crash there’s a danger of stagnation, deflation and depression. Europe had to look that danger squarely in the face, and act.