Greece’s Two Currencies
Imagine a depositor in the US state of Arizona being permitted to withdraw only small amounts of cash weekly and facing restrictions on how much
Imagine a depositor in the US state of Arizona being permitted to withdraw only small amounts of cash weekly and facing restrictions on how much
The upcoming referendum on the United Kingdom’s continued membership in the European Union, almost certain to be held this year, could turn out to be
In 1973, US Secretary of State Henry Kissinger, following a period of American preoccupation with Vietnam and China, declared a “year of Europe.” More recently,
2015 will probably be seen as the year when the terms ‘EU’ and ‘crisis’ became inextricably linked. Yet 2016 may prove more challenging still. Chronic
The Shorter Oxford English Dictionary defines “security” as “condition of being protected from or not exposed to danger”; but, at the same time, as “something
In Europe, 2015 began with the far-left Syriza party’s election victory in Greece. It ended with another three elections that attested to increasing political polarization.
Almost every article in the Western media, covering the recent developments in Poland, have followed the same script. How is it possible, they ask, that
As of this January 1, the Netherlands holds the Presidency of the European Union. This is a good occasion to put the spotlight on a
The year 2015 was a hard one all around. Brazil fell into recession. China’s economy experienced its first serious bumps after almost four decades of
Brexit is marginal; the real danger for Europe lurking around the corner would be Frexit. Marine Le Pen’s Front National was stopped at the regional
The Climate Summit in Paris has once again reminded us of how vulnerable we are on planet earth. However, humanity is faced with a number
It has been a tough year for Europe. Greece, mass migration and terrorism are among the many factors which have unsettled Europe in a profound
TV news, newspaper headlines, political speeches and tweets used to deliver foci and outlets for public anxieties and fears are currently overflowing with references to
The great American middle class has become an anxious class – and it’s in revolt. Before I explain how that revolt is playing out, you need
Must technology dictate the nature and quality of our future? Or should we make a New Year’s resolution to become bigger players in determining how
Since 2008, bank bailouts have entailed a significant transfer of private losses to taxpayers in Europe and the United States. The latest Greek bank bailout
The global agreement reached in Paris last week is actually the third climate agreement reached in the past month. The first happened at the end