Without a deal between Athens and Brussels and the IMF on economic reforms and repayments of loans within the next couple of months a Grexit or Graccident would be the most extreme outcome. We cannot rule out that the parties will fail to find a solution seeing as how the Greeks are dawdling and in the light of the harsh words uttered by, among others, Germany.
For the British, who are about to enter into their own version of a populist election on an anti-European thesis, there are lessons to learn from Greece... Watch how the British ties come off, and the gloves go on.
The Liberal Democrats brought stability of government when they formed the coalition with the Conservatives in May 2010, and it will be their joint management of the British economy through the crisis that will dominate this May's election campaign...
The European Union "may not survive" the "long-lasting" economic stagnation caused by the eurozone crisis, billionaire hedge
The markets hope that after the elections Merkel will be more amenable in areas such as the banking union and additional bailouts for distressed Eurozone countries. Alas, the Germans will not change their stance very much.
In central and eastern Europe political and economic distress is on the increase. Growth expectations are adjusted downwards in Poland, Hungary, the Czech Republic, Romania and Bulgaria where corruption, authoritarian tendencies, and outright political crises are rife.
What do Greece and an unemployed homeowner in Arizona have in common? They are both bankrupt with no hope of ever being able to pay back what they owe. As I wrote this, I realised it sounded as though I were making a joke (and a bad one at that). The reality is, unfortunately, not funny in any sense, but actually far more worrying.
After endless hours of discussions, litres of coffee and a copious amount of frustration, an agreement on the rescue of Cyprus's banks has finally been hammered out.
The Orthodox Church of Cyprus has said it is prepared to mortgage its property portfolio to help overcome political deadlock
The ten things you need to know on Wednesday 20 March 2013... 1) IT'S HURTING, BUT IS IT WORKING? George Osborne will present