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Europe After The Vote

Jun 21, 2012

Post-Electoral Greece

By Matthew Bryza

While markets in Europe and the United States breathed a collective sigh of relief with the victory of the sober Antonis Samaras and his New Democracy Party in last Sunday’s Greek parliamentary elections, the absence of a substantial market rally immediately thereafter reflected the seriousness of the work that lies ahead. Greece may have dodged […]

Elections
Europe & Eurasia

Europe After The Vote

May 16, 2012

Why Greece Must Leave the Euro for Greece and Europe to Survive

By Garrett Workman

In the aftermath of last week’s elections in Greece, in which voters resoundingly rejected further austerity, Europe is struggling to come to terms with Greek voters’ conflicting desire to stay in the Euro while also delaying necessary reforms. However, while debating how to keep Greece in line and in the Euro, a more fundamental question […]

European Union
Greece

New Atlanticist

May 16, 2012

A Greek Exit From the Euro Would Lead to Chaos

By Alexei Monsarrat

A few weeks ago there was a wild rumor that Greece’s debt crisis had been dealt with. The hope was that with enough debt relief and a “managed” default, Europe had bought time for global growth to lift the Greek economy, and Greek politicians would wring the country through massive austerity. This was a misread […]

European Union
Greece

Event Recap

Apr 9, 2012

The Austere Life: The Changing Nature of Europe’s Politics and Societies

By Jason Harmala

On April 9, the Global Business & Economics Program hosted a conference call with Kostas Bakoyannis and Alexis Papahelas to discuss the Greek political system and daily life under the country’s heavy austerity measures.

Economy & Business
Europe & Eurasia

Europe After The Vote

Mar 27, 2012

Greece: An Effective Model for Europe’s Next Wave of Debt Restructuring?

By Jason Harmala

On March 27, the Global Business and Economics Program hosted a conference call with sovereign debt experts Anna Gelpern and Mitu Gulati to discuss Greece’s private debt restructuring and the possibility of other indebted Eurozone countries following in Athens’ footsteps. Anna Gelpern is a professor of law at Georgetown and American Universities, and Mitu Gulati is a professor of law at Duke University. Their analysis of what we have learned from the Greek experience, and what we should expect going forward, provided the following takeaways.

Economy & Business
European Union

New Atlanticist

Feb 23, 2012

The World Depends on the Future of Greece and Iran

By Harlan Ullman

What a tense and chilling time internationally! Economically and financially, markets and bourses remain fixated on what happens, or doesn’t, in relatively tiny Greece. For the moment, bulls may be eclipsing bears in resolving the Greek debt crisis — but only for the moment.

Greece
Iran

Europe After The Vote

Feb 15, 2012

Who Will Pay for Greece?

By Julian Lindley-French

“Bring your desires down to your present means. Increase them only when your increased means permit”, Aristotle once famously wrote. He could have been talking of Greece today.

Economy & Business
European Union

New Atlanticist

Feb 14, 2012

As Athens Burns: Is the Cure Worse than the Disease?

By Alexei Monsarrat and Garrett Workman

Greece produces a mere 2.6 percent of the Eurozone’s GDP but remains front and center in the Eurozone crisis and the larger debate over the proper role of austerity and government spending in resolving the West’s economic woes. Sunday night, Greek parliamentarians overwhelming accepted the latest round of painful cuts—a precondition to receive the next […]

European Union
Greece

Event Recap

Jan 6, 2012

US-Greece Relations in 2012: Roundtable with Ambassador Daniel B. Smith

By Jason Harmala

On Friday January 6, the Atlantic Council’s Transatlantic Relations Program hosted Ambassador Daniel B. Smith, US Ambassador to Greece, for an off-the-record discussion of the state of US-Greek relations in light of the ongoing financial crisis and upcoming Greek elections.

Greece
United States and Canada

New Atlanticist

Nov 30, 2011

Time to Let Macedonia Play with the Big Boys

By Metodija A. Koloski and Mark Branov

Rarely has a country’s standing in the community of nations collapsed as quickly as that of Greece.

Economy & Business
European Union

Experts