While acknowledging the need to listen to the proposals from Greek Finance Minister Yanis Varoufakis, top eurozone officials played down expectations of a quick deal.
Since winning the Greek general election last month, the Greek government has outlined its broad ambition but it hasRead more
Is Greece’s fate in the hands of Angela Merkel? One leading economist with close ties to Greek finance minister Yanis Varoufakis says that the primary obstacle to compromise is a dramatic division within the German government, with one faction demanding that Greece fully adhere to its previousRead more
Several times a year, a convoy including an unmarked truck and heavily-armed chase vehicles moves from a government plant in Oak Ridge, Tennessee, along major highways to others in Irwin, Tennessee, or Lynchburg, Virginia. Later, similar convoys with special guards move from those sites to navalRead more
President Obama's main pitch for the pending nuclear deal with Iranis that it would extend the “breakout time” necessary for Iran to produce enough enriched uranium for a nuclear weapon. In a recent interview with NPR, he said that the current breakout time is “about two to three months by ourRead more
As a friend of – and advisor to – former Greek finance minister Yanis Varoufakis, James K. Galbraith has followed the negotiations up close from the start. Here he talks to Thomas Fazi about the latest bailout deal, the Greek government’s negotiating strategy and the lessons of the Greek tragedyRead more