Kicking the Greek Debt Crisis Down the Road
An agreement on debt relief for Greece would be a step in the right direction. But it should be combined with measures to alleviate the country’s fiscal constraints.
- Stratos Pourzitakis
An agreement on debt relief for Greece would be a step in the right direction. But it should be combined with measures to alleviate the country’s fiscal constraints.
Greece’s ruling Syriza party looks set to win the snap election to be held on September 20. Yet the victory may be thin, resulting in a new coalition government.
Energy dependence between the EU and Russia has increased mistrust between them, and energy has become an issue of national security for both sides.
To avoid political crisis and economic collapse, Greek policymakers must finally address the deepening social decay that has afflicted their country for decades.