Greece votes 'No' and gambles its future

  • 6 July 2015
  • From the section Europe
Greeks celebrating referendum result
Greek voters have left many questions for eurozone leaders to answer

Greek voters have delivered a defiant response to Europe. Political leaders and heads of government had lined up to warn the Greeks that a "No" vote would be a vote to leave the euro. It did not deter them. Indeed many voters seemed to revel in their resistance.

The European Project is now facing its gravest crisis.

The size of the "No" vote surprised the Greek government. In the end the voters agreed with Prime Minister Alexis Tsipras that the country's creditors were trying to "asphyxiate" the Greek economy. They bought his argument that a "no" vote would only strengthen his hand in negotiations.

Despite the closed ATMs, the banks on the verge of running out of money and a collapsing economy, Greeks have once again rejected the policy of austerity authored in Berlin and Brussels.

Critical days

It leaves German Chancellor Angela Merkel facing the deepest challenge of her nearly 10 years in power. Over the next 48 hours she must make a series of choices; choices that will determine whether she can keep the eurozone together.

Read full article Greece votes 'No' and gambles its future

Greek debt crisis: Tsipras and his Greek gamble

  • 1 July 2015
  • From the section Europe
Greek Prime Minister Alexis Tsipras speaks during a media conference at an EU summit in Brussels on Monday, 22 June
Alexis Tsipras became prime minister in January

In making his calculations, the Greek Prime Minister, Alexis Tsipras, should be under no illusions - the rest of the eurozone wants him out.

When he unexpectedly sprung a referendum on his European partners, they were outraged and quickly ended negotiations.

Read full article Greek debt crisis: Tsipras and his Greek gamble

Greek debt crisis: A country on the brink

  • 28 June 2015
  • From the section Europe
Greek Prime Minister Alexis Tsipras looks at his watch as he delivers a speech during a parliamentary session in Athens on 28 June 2015
Time is ticking for Greek PM Alexis Tsipras

The eurozone is facing its gravest crisis in its 16-year history. Greece is on the verge of defaulting.

Almost certainly it will fail to repay a loan to the International Monetary Fund (IMF) on Tuesday. The risk of Greece leaving the eurozone has increased significantly. Both Europe and Greece have entered a period of turbulence with neither side in control of events.

Read full article Greek debt crisis: A country on the brink

Greece and Germany and the weight of history

  • 21 June 2015
  • From the section Europe
Greek flag and protesters

In the film The Godfather Michael Corleone is asked about Sicily: "Why is such a beautiful country so violent?"

"History," he replies simply.

Read full article Greece and Germany and the weight of history

Greek stand-off could slide out of control

  • 3 June 2015
  • From the section Europe
A lottery ticket seller rests at a bus-stop in Athens
Greek lottery: one way to beat austerity in Athens

After four months of brinkmanship, Greece faces days full of risk. A deadline approaches.

On Friday, Athens is due to make a repayment of 300m euros (£218m) to the International Monetary Fund (IMF).

Read full article Greek stand-off could slide out of control

Election 2015: Voters' trust remains elusive

Question Time audience
Were the audience at Question Time convinced?

Rarely has such political energy been expended to such little effect. Or so it seems.

Five and a half weeks of sound bites and fury have signified little.

Read full article Election 2015: Voters' trust remains elusive

Election 2015: The Cameron dilemma

David Cameron arriving to deliver a speech at Fujitsu in Solihull
David Cameron announced a "jobs miracle" in his speech at Fujitsu

Last Friday, surrounded by Fujitsu workers in Solihull, David Cameron's voice was impassioned as if finally he had a piece of news that could not be challenged and would shake up the campaign.

"We are," he said, "the jobs factory of Europe."

Read full article Election 2015: The Cameron dilemma

Election 2015: Fear dominating election campaign

David Cameron
David Cameron focusing on the economy

In the early 1960s, before the birth of smartphones, before the retreat from privacy, the US historian Daniel Boorstin wrote a groundbreaking book called The Image.

Boorstin was troubled by the emergence of what he called "pseudo" events, increasingly presented as news.

Read full article Election 2015: Fear dominating election campaign

Election 2015: Parties play up the tribal rhetoric

David Cameron
David Cameron at the election rally in the Wiltshire town of Chippenham

There are still tribes in British politics.

They may have weakened as voters increasingly act like consumers, happy to switch brands.

Read full article Election 2015: Parties play up the tribal rhetoric

Greek crisis deepens amid EU tensions

  • 19 February 2015
  • From the section Europe
A man walks next to graffiti depicting a clown with a euro sign popping from his eye, in Athens 19 February 2015
If there is no deal soon Greece could run out of money

After hours of fast-moving developments, a deal to settle the Greek bailout crisis hangs in the balance.

This morning Greece confirmed that it was sending a letter to the head of the Eurogroup, Jeroen Dijsselbloem. It was a formal request to extend the loan agreement by six months.

Read full article Greek crisis deepens amid EU tensions