EMU

Global Spectator, by Andrés Ortega Tsipras’ responsibility… and Europe’s also

Alexis Tsipras, who will be the new Greek Prime Minister, and his radical-left coalition Syriza emphatically won last Sunday’s election, although two seats short of an absolute majority. For the first time one of the so-called populist movements, in this case from the left, has won a general election [...]

Global Spectator, by Andrés Ortega Greece can’t leave the euro without leaving the EU

When the European Commission says Greece’s membership of the euro is ‘irrevocable’ it is not expressing a political position but a legal reality. Such an eventuality is not foreseen in the treaties: it is legally impossible. The only way out of the Economic and Monetary Union (EMU) would be [...]

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