The Politics of the Politics of European Austerity

German Chancellor Angela Merkel and European Commission President Jean-Claude Juncker in May 2014. Has the advent of the latter's European investment plan indicated a shift in the balance of power in Europe away from German austerity?

The situation in Greece is at breaking point. Local councils have no money and Orthodox churches are having to feed people that authorities cannot cope with. Meanwhile in Athens, the newly elected Syriza party are in a standoff with the European Central Bank as they try to restructure their debt. They promised Greek voters they would… Continue Reading ➤