Anyone who has ever witnessed the terminal struggles of insects in a killing bottle will recognise the nature of the paroxysms contorting the EU “leaders” today. The Greek pantomime is beyond parody. It is a shadow-boxing contest between two factions of the
Euro zone leaders told near-bankrupt Greece at an emergency summit on Sunday that it must restore trust by enacting key reforms before they will open talks on a new financial rescue to keep it in the European currency area. Leftist
So, farewell then Greece. The land of early retirement, lavish state pensions, tax evasion, official corruption and perpetual socialist indulgence – all of it underwritten by other people’s money – has become the first western country to default on an IMF loan. Incredibly
The Greek farce continues its record-breaking run. After 43 last ditches, 28 eleventh hours and 17 late-night drinking sessions in the Last Chance Saloon, the comedians in Brussels and Athens are rehearsing their latest routine. The joke, of course, is
The trouble with Greece is… OK, where to start. Public sector debt? Unemployment levels? Its trade imbalance? A succession of inept quasi-socialist governments? Any or all would be a good place to begin but the underlying problem is that tax
Greece would consider a Russian financial lifeline as it looks to find a way out of its crushing debt burden to the European Union (EU). Greek Prime Minister Alexis Tsipras made the coded threat Friday as he shared a platform
The Greek government is running out of time, money and broad support as a new poll shows a clear majority of Germans want Greece to leave the European Union (EU). Polling company YouGov revealed Wednesday that 58 per cent of
