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The Eurexit and the Greek “Day After Tomorrow”

... sixth-month-long negotiation process came to a weird end on July 12, 2015. Why should we call this process “weird”? First because of the text that is to be signed by the European parliaments. This piece of paper is not the end of the story between Greece and its creditors. On the contrary, it is a new start for both Greece and Germany as well as Europe more generally. The second reason is due to the process of negotiations itself. However, since the E.U. is a “family”, the use of threats and blackmail was too obvious. Nonetheless, these main questions should not ...

23.07.2015

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The Negotiations' Deadlock, the New Europe and the Greek Drama

... Combining those problems with the Greek debt (180% of GDP) the Greek issue is not only a special circumstance but also, a calamitous fiscal cocktail. The German View AP Photo/Lefteris Pitarakis Protesters hold placards during a rally to show solidarity with Greece, Sunday, Feb. 15, 2015 Germany is without a doubt the most powerful state in the E.U. and within the eurozone. A few weeks ago George Friedman published an article “The Grexit Issue and the Problem of Free Trade” where he supports the idea that the Greek problem is deeper than it seems (a fiscal and debt crisis). According to the article, Germany’s commercial policy restricts the comparative advantage that ...

18.06.2015

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