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Articles on Eurozone

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EPA/Tiago Petinga

Is Portugal a poster child for austerity?

Portugal’s return to growth has many calling it the star pupil of the eurozone crisis. A look beyond the headline figures puts this into question, however.
Greek demonstrators protested as its government voted to accept the latest austerity conditions. Greece would have been better off exiting the Eurozone. AAP/New Zulu/Gael Michaud

Greece’s best chance of escaping economic misery was a ‘Grexit’

If Greece exited the Eurozone it would face several years of economic chaos. But it would be the master of its own destiny. The current EU offer will further destroy the Greek economy.

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