Hiver

It wasn't too long ago that Greece seemed to be going from crisis to crisis, with Grexit being thrown around as a real possibility. Today, we're seeing Greece described as a European success story.

Behind the horrors of war, amidst successive international crises, a favorable reality for Europe (and Greece) is quietly unfolding. What was once a factor of division and weakness for the European Union is now a pillar of unity and strength. The euro, at the heart of the EU's first major crisis of the 21st century, has evolved from a weak core to a European unifier.

Dear Mr. Stiglitz,

It was an unpleasant surprise to hear that you participated along with other US academics in preparing a plan for Greece to exit the euro in 2015. The feeling was even harder, since you still believe that it was "carefully set" and seem rather disappointed for not finally implemented.

Η Eurobank πούλησε 180 επαγγελματικά ακίνητα

Last week Prime Minister Kyriakos Mitsotakis made his first visit to the United Nations in New York with a clear message: Greece is open for business again.

As the UK lurches from one Brexit catastrophe to another, with no apparent end to the saga in sight, it could do worse than look back to where Greece was almost a decade ago. 

A top-secret Grexit plan designed by the ECB, the EU and its financial mechanisms has been detailed in a new book entitled The Last Bluff and authored by Eleni Varvitsiots, the Brussels correspondent of the Athens daily Kathimerini Eleni Varvitsioti and Bloomberg's Viktoria Dendrinou.

Greece came very close to exiting the eurozone in the summer of 2015, former French president Francois Hollande has admitted in an interview with Kathimerini. Grexit was no bluff. It was, he says, a Plan B that had been drafted, at the behest of German Chancellor Angela Merkel following the decision by Prime Minister Alexis Tsipras to hold a referendum on Greece's bailout terms.

For once Europe has an exit to celebrate rather than dread. On Monday, more than eight years after its first eurozone bailout, Greece left its third financial rescue program. This is a welcome Grexit, but before popping open the champagne it's important to remember that Athens remains in thrall to its European creditors, who have failed to put the Greek economy on a sustainable footing.

European Commissioner for Economic Affairs Pierre Moscovici is sticking to his positive take on the economic situation in Greece, claiming in an interview with Austrian magazine Profil that there is scope for more social justice in Greece.

US Ambassador in Athens Geoffrey Pyatt discerns huge opportunities for American companies in Greece, mainly in tourism, energy and startups.

World soccer body FIFA appears to be losing patience with Greece, as it evolves into soccer's Far West, complete with gun-slinging cowboys unleashed by the a sense of nationwide lawlessness that extends far beyond the so-called Beautiful Game. But does FIFA really want to intervene, or it is merely threatening a "Grexit" for appearances' sake?