
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
by Gerald Warner15 Jul 2015, 12:31 AM PST0

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
by Reuters12 Jul 2015, 8:17 AM PST0

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
by Simon Kent1 Jul 2015, 2:28 AM PST0

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
by Gerald Warner24 Jun 2015, 12:53 AM PST0

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
by Simon Kent23 Jun 2015, 5:31 AM PST0

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
by Simon Kent20 Jun 2015, 2:20 AM PST0

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
by Simon Kent17 Jun 2015, 3:20 AM PST0