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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

Europe After The Vote

Nov 3, 2011

What Next for Greece After No-Confidence Vote?

By Marios Efthymiopoulos

In a period of fiscal and social turmoil, the Greek government has decided to risk its survival and the economic stability of Europe on a public referendum over the details of the most recent offer by the leaders of the Eurozone to bail out of Greece from its fiscal destruction. As a result, is it […]

European Union Greece

Europe After The Vote

Nov 1, 2011

Greece’s Coin Flip

By James Joyner

Many of us predicted that investor euphoria over Thursday’s Eurozone deal would soon fade. But few thought it would explode this soon.

Economy & Business Greece

Experts