Greece

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    The EU’s deal on Greece shows that Europe remains wedded to the politics of austerity

The EU’s deal on Greece shows that Europe remains wedded to the politics of austerity

On 20 February, Greece agreed to a four month extension of its current bailout programme, subject to the approval of reform measures proposed by the Greek government. André Broome writes that while the election of the Syriza-led coalition in Greece was initially hailed as a game-changing event that could bring an end to austerity in Europe, the negotiations between […]

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    The ECB’s decision to toughen its stance on Greece signals the end of the Greek government’s honeymoon period

The ECB’s decision to toughen its stance on Greece signals the end of the Greek government’s honeymoon period

The European Central Bank (ECB) has announced that it will no longer accept Greek government bonds as collateral for lending money to commercial banks. Vassilis Monastiriotis writes on how the decision should be interpreted in light of the current discussions surrounding Greek debt. He notes that while the immediate effect on the Greek economy is not particularly serious, the […]

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    Greece alone cannot convince Europe to pursue a different economic course

Greece alone cannot convince Europe to pursue a different economic course

The new Greek government, led by Alexis Tsipras’ Syriza, has announced its intention to renegotiate the repayment of the country’s debt. Aris Trantidis writes that while some limited concessions may be possible, Syriza’s broader aims of encouraging Europe to adopt a different economic strategy will be far harder to achieve in the absence of any clear allies in other […]

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    Syriza’s victory in Greece could undermine the effectiveness of EU foreign policy

Syriza’s victory in Greece could undermine the effectiveness of EU foreign policy

Most EU foreign policy decisions require the agreement of all EU member states. Following the victory of Syriza in the Greek elections on 25 January, Kyriakos Moumoutzis assesses the impact the election result will have on both Greek foreign policy and the capacity of the EU to negotiate joint foreign policy positions. He notes that with the Syriza government […]

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    This month’s elections will underline the fundamental changes to the Greek party system that have occurred since the crisis

This month’s elections will underline the fundamental changes to the Greek party system that have occurred since the crisis

Greece will hold parliamentary elections on 25 January, which were called after the incumbent government, led by Antonis Samaras, failed to elect a new President in December. Nikoleta Kiapidou assesses the lead up to the vote, and the contest between Samaras’ New Democracy and the radical-left Syriza to be the largest party in the Greek parliament. She writes that […]

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    Despite a looming political crisis, Greece is no longer the threat to the Eurozone that it was in 2012

Despite a looming political crisis, Greece is no longer the threat to the Eurozone that it was in 2012

The Greek parliament is due to hold a second round of voting on 23 December to elect the country’s next president, following an unsuccessful vote last week. Remy Davison writes that while the threat of a political crisis is very real, the situation is very different from 2012, where the country’s economic problems threatened to spill over into a […]

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