Articles on Euro zone crisis

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Playing with fire? Michael Kappeler/EPA/AAP

The next card Yanis Varoufakis will play

Decades ago, before Yanis Varoufakis became the rock-star finance minister of Greece, he and I developed some game-theoretic models of macroeconomics. The gist of the work was this: for monetary authorities…
How much longer will both flags fly over the Acropolis? Reuters

Grexit déjà vu: is Europe really ready to let its Grecians go?

For faithful followers of the European economy, it feels like déjà vu all over again. Turmoil in Greece is raising doubts about the country’s continued membership in the eurozone. The specter of a “Grexit…

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