The circumstances we have experienced in these past several years in Greece are not unprecedented. We can find such situations in many other countries as well, and as examples I could quickly mention the former socialist countries, Europe's periphery countries, and countries in Latin America and Northeast Asia.
With energy poverty emerging as one of the most dramatic symptoms of the recession -- six out of every 10 households are struggling to pay their energy bills -- it is high time that Greece seized upon its greatest and still largely unexploited asset: the Sun.
When a museum exhibition is referred to as a blockbuster, one expects its major draw to be something along the lines of Mona Lisa, or Girl with a Pearl Earring. However, the exhibition that just opened at The Getty Center has nothing of the sort, and still, it is a bona fide blockbuster.
If you look closely enough from the street corners in Athens and Salonika to the tavernas on the Greek islands' horia, you will certainly see one thing the same as your last trip to Greece.
In a recent speech to parliament, Tsipras confidently invoked the words of Franklin Delano Roosevelt by noting that there is nothing to fear but fear itself. However, it was FDR's actions, and not just rhetoric, which secured him a place in the pantheon of modern statesmen.
Year after year, Greece's creditors have promised that the bailout packages would bring about a meaningful rebound in output, employment, and exports. Instead, the country has experienced a depression comparable to the decline in output and employment that Germany suffered from 1930 to 1932.
For the past two weeks Greece has entered the climax of the Comedy of Errors - that is its six-year-old economic crisis. Banks have closed, referendums called, rallies and counter-rallies have been held, society divided and tales of conspiracies and Armageddon have become commonplace.
There has been a lot of talk about who has won and who has lost in the recent negotiations on the Greek debt crisis, about who is strong and who is weak in Europe, who is cruel to whom and who has dictated what. This whole discussion, in my mind, misses the point. Europe, especially Germany, wants a strong Greece.
In 1867, then Prime Minister of Prussia Otto von Bismarck (who, with parallels today, maintained German hegemony over Europe) famously said that politics is the art of the possible. If you don't have to deal with a political opponent, you can dream up the perfect policy. But when you have an opponent, you have to set aside the dream and consider the political possibilities. This week, from Iran to Greece to Cuba, the world both celebrated and protested the politically possible. (continued)
Arriving by boat to Santorini, the theatrical C-shaped island in Greece's Aegean Sea, means first entering the strange purgatory of the port, which of course sits at sea level, 1,200 feet below the villages atop the cliffs that everyone is here to see.
BERLIN -- At its core, the criticism articulates an astute awareness of Germany's break with its entire post-WWII European policy. Germany's stance on the night of July 12-13 announced its desire to transform the eurozone from a European project into a kind of sphere of influence.
It's no surprise that the powerful both set the rules and break the rules with impunity. The world system isn't presided over by Miss Manners. For small countries like Greece, there's not much room for maneuver between the regulations of the EU and the general parameters established by globalization. There isn't much room for democracy either, as Greek citizens discovered when they voted in Syriza and attempted to vote out austerity in the more recent referendum. Iran, a larger country that plays a strategic role in the Middle East, has considerably more room for maneuver than does Greece. But it too cannot unilaterally remake the rules of the game. It can only negotiate the best deal it can. In the end, it must open itself up to the kind of inspection regime that more powerful countries would never tolerate.
Let's tell it straight: "Europe" committed suicide last weekend in Brussels. It was an assisted suicide. The IMF wrote the original story line and set the scene; the European Central Bank provided the revolver and ammunition; while Germany unrelentingly urged that the suicide was a necessary act of moral redemption that was imperative to save the EU from eternal damnation.
I'm traveling back to my country dominated by a feeling of sadness. There is no more depressing thing for someone than to see his nation be stagnated in misery and depression caused by the high unemployment rates and lack of any light of hope for a better future.
MYKONOS -- The island blinks from afar like the most expensive jewel of the Mediterranean, an oasis distant from the turmoil of Greece's economic crisis.
After three weeks on the brink of collapse, Greek banks have finally reopened marking the return of some form of normality. However, strict capital controls remain in place for the foreseeable future, as does the general state of political and economic uncertainty.