Greece

After overcoming a decade of economic turmoil, Greece has emerged as a critical ally of the United States, enjoying strong bipartisan support for the US-Hellenic partnership in both countries. Economic reforms and a diplomatic solution with North Macedonia have improved its standing in both NATO and the European Union. Greece is a hub for NATO operations, plays a key role in Southeastern Europe, the Eastern Mediterranean, and the Western Balkans, and continues to develop its energy resources while attracting significant foreign investment.

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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

Event Recap

Oct 13, 2011

Getting Caspian and Other Regional Gas to Europe: the View from Greece

By Jason Harmala

On October 13, the Atlantic Council held an off-the-record discussion with Harry Sachinis, Chairman and CEO of DEPA S.A., Greece’s Public Gas Corporation, on the Southern Corridor being developed to bring Caspian gas to markets in Europe and potentially elsewhere. Senior experts from the energy industry and various governments attended the session. DEPA imports both […]

Energy & Environment Europe & Eurasia

Event Recap

Sep 14, 2011

Strategy Session on Southeast Europe with Eric Rubin

By Jason Harmala

On September 14, the Atlantic Council held an off-the-record strategy session for Eric Rubin, the new US Deputy Assistant Secretary of State for European and Eurasian Affairs responsible for American relations with Turkey, Greece, Cyprus and the three Caucasus countries.

Greece The Caucasus

New Atlanticist

Aug 1, 2011

Slouching Towards a Fiscal Union

By Ben Carliner

It is an old cliché that the European Union only advances in the wake of a crisis. Recently though, it has seemed like every time the EU takes action its response is deemed too little too late.

Economy & Business European Union

New Atlanticist

Jul 25, 2011

Greek Rescue Package Kicks Can Down The Road Yet Again

By Hugh De Santis

Last Thursday’s bailout of Greece by the principal actors in the sovereign debt crisis –France, Germany, and the European Central Bank – has buoyed the spirits of European credit and stock markets. But the agreement does little more than paper over Europe’s sovereign debt crisis. It neither resolves Greece’s inability to pay its debts nor […]

Economy & Business European Union

New Atlanticist

Jul 12, 2011

Five Questions with Leszek Balcerowicz

By Alexei Monsarrat

Director of Global Business and Economics Alexei Monsarrat recently interviewed Professor Leszek Balcerowicz on how Greece and Europe will resolve the debt crisis. As Polish Finance Minister in 1989, Balcerowicz instituted a wide-ranging series of economic reforms to transition that country to a market economy. His “shock therapy” is widely cited as the textbook example of how […]

Economy & Business Greece

New Atlanticist

Jul 1, 2011

The Greek Crisis: Past, Present, and Future

By Hugh De Santis

It is hard to see how the Greek crisis can end up as a positive sum game for Greece and the European Union. The Greek electorate will almost certainly not accept the hardship of endless austerity as the price to be paid for the restoration of economic solvency. Nor will taxpayers in Germany, Holland, and other […]

Economy & Business European Union

New Atlanticist

Jun 30, 2011

The Austerity Package Passes: A Greek Tragedy?

By Garrett Workman

Greece’s Parliament has just narrowly passed a €28 billion austerity package of tax increases and spending cuts: a necessary precondition for the European Union and the IMF to keep Greece on life support. So even with crushing unemployment, and the near-constant protests on the streets of Athens turning violent, Greece’s Socialist majority eked out a ‘yes’ […]

Economy & Business Greece

New Atlanticist

May 1, 2009

May Day Riots in Germany, Turkey, and Greece

By James Joyner

David Smith recently argued that the peaceful demonstrations we’re seeing in Georgia and the United States are a healthy part of democracy. Today’s May Day violence in Turkey, Germany, and Greece show the flip side of the coin.

Germany Greece

Experts