Greece

How Greece got back on course

Featured image Throughout the last decade, Greece’s economy was a basket case. Lally Weymouth of the Washington Post reminds us that Greece endured a crippling depression in which it lost one-fourth of its GDP. The nation’s banks nearly collapsed and European Union officials contemplated expelling Greece from the EU. But in 2019, the Greeks dumped the leftist government of Alexis Tsipras and replaced it with a center-right government led by Kyriakos Mitsotakis. »

The defeated Greek government, was it socialist, populist, or both?

Featured image Greece will have a new Prime Minister and a new government. Its conservative party has defeated the leftist party headed by current Prime Minister Alexis Tsipras. I doubt that anyone is surprised by this result. When we visited Greece last Fall, we scarcely met a Greek (outside of Crete) who didn’t complain bitterly about the economy. From the ancient taxi driver who had to fight his way through brutal Athens »