In trouble.
EPA/Yannis Kolesidis
Greece is set to become the first advanced economy to default on the IMF in its 71-year history.
Sorry, no money today.
Reuters
The Greek government shut all banks in the country on June 29 after the European Central Bank capped emergency funding to the lenders. Cash withdrawals from ATMs are now limited to €60 a day (about US$67…
Many are ready to call it quits with the euro, but down that road lies nothing good.
Reuters
An analysis conducted in 2007 showed how severe the consequences would be if a country left the euro. How have eurozone officials let it get this far?
People queue to withdraw cash from Greek banks.
EPA/Alexandros Vlachos
With the ECB freezing the level of emergency liquidity assistance it is providing to Greek banks, the nightmare scenario for Greece is already beginning to unfold.
Alexis Tsipras has called a referendum of Greece’s bailout offer.
EPA/Simela Pantzartzi
Austerity has crippled the Greek economy and Greek society. To accept more is a decision that should be given to the Greek people.
Signs of resistance.
EPA/Simela Pantzartzi
The Greek parliament’s Truth Commission on Public Debt has declared much of Greece’s €320 billion debt to be “odious” and illegal.
Blessed are the bean counters? New investment in Greece could drive development.
David Dennis
Investment for profit and development should lie at the heart of a solution for the imbalances in Greece and Europe.
Greece faces two difficult outcomes.
EPA/Yannis Kolesidis
Whether Greece reaches a new bailout agreement or not, the country is in for a rough ride.
Athens is the epicentre of a dangerous relationship.
Simela Pantartzi/EPA
A continent in shock; a country on the brink; and a model for punitive debt negotiations that serves no one but the banks.
Too intransigent?
EPA/Simela Pantzartzi
Like Diogenes the Cynic, Greece’s Syriza government have been intransigent in negotiations with powers stronger than them.
Agreement: the outcome everyone is hoping for.
EPA/Bernd von Jutrczenka
In order for Greece to move forward, Tsipras’ government needs to take the opportunity being offered it and accept the political cost.
Greece still owe us this much.
EPA/Michael Kappeler
Much of the focus on Greece has been on how to deal with its debt. Yet the debt will not be tackled simply through cutting public spending.
Healthcare has borne the brunt of mass cuts.
EPA/Simela Pantzartzi
Greece has undergone significant reforms in the last five years. A look at the effects on the country shows why Syriza’s rejection of further austerity is not unreasonable.
Let’s be pragmatic about this.
EPA/Julien Warnand
Nobody will gain anything from prolonging the current stand-off; it is time for all parties to contribute towards a pragmatic agreement.
Just the two of us.
EPA/Soeren Stache
The EU membership renegotiations are already leaving David Cameron behind, but he can still seize the initiative again.
Fighting the debt effect. Greece is struggling at every level.
psyberartist
A call to break with the leadership of Greece’s ruling party has highlighted the futility of debt-led austerity and the burden it places on people on the wrong side of a banker’s bad bet.
Greece’s future in the eurozone is uncertain.
EPA/Olivier Hoslet
Why the Greek debt crisis shouldn’t be viewed as a conflict between different countries, but one between workers across Europe and big business.
Are Britain and Germany going in the same direction?
Peter Macdiarmid/PA Wire
The Conservatives argue that the rest of Europe wants reform too. Is this true?
Hint … it’s more than sartorial advice.
Andy Rain/EPA
Syriza came to power promising to renegotiate Greece’s relationship with the EU. The fallout of their attempts to do so is a lesson for a UK that would try to do the same.
Big launch, small vision.
Will Oliver/EPA
The Green Party doesn’t appear to have thought about their EU policy very much.