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Peterson Institute for International EconomicsJanuary 2020 After World War II, farsighted European leaders sought to overcome centuries of hatred and warfare by striving step-by-step toward economic and political integration. Today an ongoing economic crisis in Greece poses a grave threat to that vision, bearing major lessons for the future of global economic cooperation. Europe’s postwar

by Ben Hall & Kerin Hope Financial TimesJanuary 8, 2020 Odos Lekka, a narrow street in the commercial heart of Athens, has not been this bustling in a decade. Workers are busy refurbishing a drab warehouse left unoccupied during Greece’s prolonged recession. A clutch of new cafés and a smart boutique hotel, one of scores

by Ilan Ben Zion & Ayla Jean Yackley Financial TimesJanuary 2, 2020 Israel, Greece and Cyprus are set to sign a trilateral agreement that will lay the groundwork for a planned gas pipeline connecting Israel’s offshore fields with Europe but which risks raising tensions with Turkey over what Ankara sees as its exclusion from the

by Florence Fabricant New York TimesDecember 24, 2019 The landscape of the Macedonian region in northern Greece is tapestried with vineyards. They supply wineries that are producing some of the best red wines Greece has to offer. The Alpha Estate here in the northwestern corner of Macedonia is a fine example. In a tasting of

by Sarah Chaney & Soo Oh Wall Street JournalDecember 22, 2019 Just a few years ago, Greece stood out from the rest of the developed world for its devastated economy. Its unemployment rate was 25% and its high debt levels had brought on default and crisis. Today, it stands out for a more upbeat reason.

by Paul Taylor PoliticoOctober 21, 2019 A little-noticed semi-miracle has occurred in Greece. After a devastating decade of depression and three wrenching austerity programs, the ancestral home of European democracy has emerged with its democratic institutions intact, social cohesion improbably resilient, its budget in surplus and extremists of both the far left and far right