Greece

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Greek Prime Minister Alexis Tsipras. Yiannis Kourtoglou/REUTERS

Tsipras' second chance: Greece to hold elections

Elections will give Alexis Tspiras another chance to put Greece's financial house in order. Here's what he should do after the government reforms in September.
A billboard in Tehran. David Holt

From Greece to Iran: the importance of credibility

Lord Palmerston, Britain’s 19th-century prime minister, was reputedly the first person to have coined the phrase that Nations have no permanent friends or allies, they only have permanent interests. Many…
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.
EPA/Karl-Josef Hildenbrand

Poor old Europe

When the International Monetary Fund (IMF) criticises the European Union’s policies toward Greece as too harsh and threatens not to co-operate, we should pay attention. The IMF, after all, has developed…

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