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eurozone Articles

The strange death of social democratic Greece

The fate of Greece's 'Blairites' provides a bitter lesson for centre-left parties across Europe, argues Thimios Tzallas It is very often argued that the European Union and the International Monetary Fund got it wrong with the Greek crisis. They overestimated the Greek...

Progressives must retain our pro-EU stance

The Greek deal is a bad one. We really need to understand how serious the situation is. By 'we' I mean committed pro-Europeans: people, like me, who strongly believe Britain's place is at the heart of the European Union. Let us think about what happened in Greece, and...

Patience is in short supply and populism reigns

By the time the polls across Greece closed, the Greeks had comprehensibly given their verdict on the economic policies applied over the last few years and the political elites that ruled the country since the mid-1970s. It was an overwhelming rejection of the past,...

Saving a broken euro

As we survey the damage from the years of crisis and recession in Europe that finally seems to be ebbing, there is a sigh of relief that the eurozone has not fallen apart. But the return to growth is a far cry from a return to prosperity. At the current pace of...