Europe – A Not So United Front
The United States of Europe — Jean Monnet’s vision for the continent during the early days of the European Coal and Steel Community — is certainly not the reality of the present.
The United States of Europe — Jean Monnet’s vision for the continent during the early days of the European Coal and Steel Community — is certainly not the reality of the present.
After the election of a new far-left government in Greece, the Eurozone risks losing one of its first members, and perhaps much more.
Continue reading With Greek Debt, A Reason to Rethink the Euro
After more than three years of dismal economic news regarding the Greek crisis, some are beginning to see a light at the end of the tunnel. Prime Minister Antonis Samaras’s coalition government has cohered remarkably well after the political paralysis in the months preceding his 2012 swearing-in, despite fierce competition between the New Democracy majority and radical leftist opposition party, Syriza. This relative stability appears to have inspired the confidence of the Troika, who gave Athens a “thumbs up” in their first progress report since releasing fresh aid in December to avoid bankruptcy.