Greece

The euro: an orphan who no longer needs his parents?

When my colleague Erik Jones told me that Martin Sandbu’s Europe’s Orphan: the Future of the Euro and the Politics of Debt was the best book on the Eurozone crisis, I was sceptical. Usually the analysis that comes from the Anglo-Saxon world does not grasp the complex sociology and [...]

Few lights in the darkness: The Future of the Euro by Matthijs and Blyth

This an extraordinary book on the Euro and its future paths. It is an absolute must-read because it brings together some of the top scholars in the field who, as a team led by Matthias Matthijs and Mark Blyth, achieve something unusual in the literature: to analyse the multifaceted [...]

Global Spectator, by Andrés Ortega Bad is better than worst, but Europe has lost out in the endeavour

The Eurozone, and by extension the EU, has avoided a serious trip-up with Greece, although the danger is by no means past on what will be a long and difficult road ahead, at a very high cost to the Greeks and to the European project itself. Nevertheless, the third [...]

Global Spectator, by Andrés Ortega The euro: uncertainty about tomorrow, but plans for 2025

It may seem a paradox: we do not know what is going to happen to the Greeks and the Eurozone in less than a week, but the EU’s institutions are already thinking and planning ahead for 2025. And yet, they have to do it, come what may as regards [...]

Global Spectator, by Andrés Ortega Tsipras seeks some leeway

The Tsipras’ government has soon discovered what sharing sovereignty means in the Eurozone, especially in a country being rescued by “the institutions” (we no longer call them the Troika). Many comments, especially from outside Greece (but even from Syriza’s more leftist factions) consider that the concessions made by the [...]

Global Spectator, by Andrés Ortega Putin and his supporters at Europe’s political extremes

Not only Russia, but Vladimir Putin himself, is gaining influential supporters in Europe. The political extremes –should they be called populists?–, especially on the right, are pro-Putin. To the left, the triumph of Syriza has reinforced Greece’s usual pro-Russian stance which, of course, also has a religious basis in [...]

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 [...]
Real Instituto Elcano - The Elcano Royal Institute | Príncipe de Vergara, 51. 28006 Madrid (España - Spain) | 2012 -2016 | Creative Commons BY-NC-ND 3.0