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The Greek Current
The Greek Current

Looking at the Greek financial crisis through Schäuble’s memoirs

The memoirs of former German Finance Minister Wolfgang Schäuble were recently released in Germany. As expected, Greece features heavily. All the key moments of the crisis and its main actors are sketched in his memoirs, from the times Grexit was genuinely on the table, to his dealings with prime ministers Papandreou, Samaras, and Tsipras, and finance ministers Papaconstantinou, Venizelos, and Varoufakis. Xenia Kounalaki, a journalist and weekly columnist at Kathimerini, which acquired exclusive rights of publishing excerpts from the book in Greek, joins Thanos Davelis for an inside look into the Greek financial crisis through the lens of one of its main protagonists. 

You can read the articles we discuss on our podcast here:

The Greek crisis through Schaeuble’s memoirs

Paris 2024 Olympics torch lit in ancient Olympia

Greece becomes first European country to ban bottom trawling in marine parks

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Is France the "new Greece" of Europe? Protests, rising debt, and the lessons from Greece's crisis

A weekend of widespread protests and riots in France has put the spotlight on the many challenges facing the country, from political paralysis to a looming debt crisis. Some pundits and observers are even asking if France, the Eurozone’s second largest economy, is the new Greece of Europe, an ode to Greece’s debt crisis in the 2010s. While this comparison misses the mark in many ways, Europe is...

Conflict in the Horn of Africa, the Turkey factor, and why it matters for Greece

This week we’re turning our attention to the Horn of Africa, where a long-simmering conflict in Ethiopia recently exploded into open war. The situation is grim, but it’s not limited to Africa’s second most populous nation. Eritrea has been pulled into the conflict, Sudan’s civil war is right next door, and on the other side of the Red Sea the Iran-backed Houthis in Yemen continue to strike the...

Secretary Rubio visits Greece, the Strategic Dialogue, and the region's Turkey dilemma

Athens was buzzing this week as Secretary of State Marco Rubio visited Greece. His speech with the Acropolis in the background made headlines around the world, and his emphasis on Greece’s role as “a source of stability in an unstable world" and a “model ally” did not go unnoticed. Beyond Rubio’s comments, his visit coincided with the 6th US-Greece Strategic Dialogue, reflecting the excellent...