Articles on Greece

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Newly appointed Finance Minister Yannis Varoufakis arrives at the Presidential Palace to be sworn-in under Greece’s new government. Yannis Kolesidis/EPA/AAP

Yanis Varoufakis: from accidental economist to finance minister

Since 2009, the economic situation of Greece has helped expose the architecture and policy regime problems of the European Union and the eurozone. On Sunday the Greek electorate rebelled against the self-defeating…
European markets have so far reacted cautiously to Greek anti-austerity party win. EPA/Juan Carlos Hidalgo

Greece: a collision with lenders would be disastrous for growth

Syriza, in choosing to enter into coalition with the Independent Greeks, is sending a clear message to the Eurozone’s leaders: it is intent on challenging Greece’s debt repayments. So, some form of challenge…
The Greek Harry Potter? Sotiris Barbarousis/EPA

Explainer: why the Greek election is so important

This Greek election is the most important in recent memory. It appears Syriza has won by a large margin, ending four decades of two-party rule in Greece. Since 2010 – and as a result of austerity measures…
Storm in a teacup? Theophilos Papadopoulos

Why a Syriza win is unlikely to cause a Grexit

The polls are pointing to an election victory for the Syriza party in Greece’s election on January 25. The radical left party’s popularity comes from its opposition to the austerity policies that have…
It doesn’t look good for prime minister Antonis Samaras. EPA

Markets threaten Greek democracy ahead of election

Greece faces a decisive moment on January 25 in a snap election that could see major gains for the extreme left and right. But anyone worried about how Syriza on one side, or Golden Dawn on the other…
Alexis Tsipras is on track to win the Greek election. thierry ehrmann

Why are European leaders so afraid of Greece’s Syriza party?

The calling of a snap election in Greece for January 25 has been met with great concern in political circles, prompted direct interventions by top European officials and alarmed markets and credit rating…
How much longer will both flags fly over the Acropolis? Reuters

Grexit déjà vu: is Europe really ready to let its Grecians go?

For faithful followers of the European economy, it feels like déjà vu all over again. Turmoil in Greece is raising doubts about the country’s continued membership in the eurozone. The specter of a “Grexit…
Syriza leader Alexis Tsipras is odds-on favourite to emerge as the next prime minister in Greece. EPA/Orestis Panagiotou

Syriza surges ahead of January election as Greek voters reject austerity

The snap election called in Greece for January 25 has renewed speculation about the country’s uncertain future as left-of-centre Syriza looks likely to capitalise on the unprecedented unpopularity of the…
Rebuilding Greece’s economy – a Sisyphean task? Mopic via shutterstock

A Syriza election win would be a serious setback for Greece

The Greek economy, after five years of recession, has nearly reached the top of the hill it has been climbing. But there is a real threat that in just a few months it will roll back down again. Like Sisyphus…

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