Germany Got a Way Bigger Bailout Than It’ll Give Greece—and It Led to a More Peaceful Europe Germany Got a Way Bigger Bailout Than It’ll Give Greece—and It Led to a More Peaceful Europe
In 1953, the London Debt Agreement canceled half of Germany’s debt. Greece will not get quite so generous a deal.
Jul 14, 2015 / Miranda Katz
The Troika’s Ultimatum to Greece Is Terrible. Leaving the Euro Would Be Worse. The Troika’s Ultimatum to Greece Is Terrible. Leaving the Euro Would Be Worse.
Those who blithely call for exit haven’t fully imagined what that would mean for Greek citizens.
Jul 13, 2015 / Editorial / Maria Margaronis
Will Europe’s Leaders Come to Their Senses About Greece? Will Europe’s Leaders Come to Their Senses About Greece?
The time is now for Europe’s leaders to understand that this crisis is not about accounting, but the continent’s future.
Jul 7, 2015 / Katrina vanden Heuvel
Austerity Has Failed: An Open Letter From Thomas Piketty to Angela Merkel Austerity Has Failed: An Open Letter From Thomas Piketty to Angela Merkel
Five leading economists warn the German chancellor, “History will remember you for your actions this week.”
Jul 7, 2015 / Thomas Piketty, Jeffrey D. Sachs, Heiner Flassbeck, Dani Rodrik, and Simon Wren-Lewis
Bernie Sanders: ‘I Applaud the People of Greece’ Bernie Sanders: ‘I Applaud the People of Greece’
Bernie Sanders, Joe Stiglitz, and Dan Cantor on the necessity of voting “no” to austerity measures.
Jul 6, 2015 / John Nichols
Greek Voters to Eurozone: We Can’t and Won’t Do This Anymore Greek Voters to Eurozone: We Can’t and Won’t Do This Anymore
A “No” vote meant acknowledging the end of the fantasy of a benevolent, neutral Europe and taking a leap of faith into the unknown.
Jul 6, 2015 / Maria Margaronis
Patti Smith’s Summer of Rebellion Patti Smith’s Summer of Rebellion
The veteran rocker is giving Europe “a masterclass in focused protest rock that puts younger artists to shame.”
Jul 2, 2015 / John Nichols
Will Europe’s Leaders Push Greece to the Breaking Point? Will Europe’s Leaders Push Greece to the Breaking Point?
The crisis isn’t quite as dire as the media often portray it, but still—this is a dangerous moment for Greek democracy and for Europe.
Jun 21, 2015 / Maria Margaronis
Syriza on the Brink Syriza on the Brink
Greece’s anti-austerity party continues to struggle to resolve the country’s fiscal crisis.
Jun 4, 2015 / Maria Margaronis
Syriza Can Still Succeed—Even Though EU Officials Are Set On Its Demise Syriza Can Still Succeed—Even Though EU Officials Are Set On Its Demise
The European Commission and the IMF created the conditions that produced Syriza. Now they’re doing everything they can to strangle it in its cradle.
Apr 8, 2015 / Blog / Maria Margaronis