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.
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.