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A modest proposal for saving the euro

After the first European bail-out, which did not leave much of an impact on the tragic economy of Greece, the second package is already en route to the country that is helplessly balancing on the brink...

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Pantelis Sklias & Georgios Maris: Greek, European or Global Crisis?

In 1991, when the Maastricht Treaty was signed an entirely new economic project was created. The Economic and Monetary Union (EMU) was unique not only because its area, magnitude and extension were...

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Europe agrees to boost EFSF – possible implications and problems

Last week brought a breakthrough in the EU’s fight against the lingering eurozone crisis that threatens to bring down the project of the common currency and, as some fear, the whole EU with it. The...

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