Europe’s response to the Greek debt crisis in 2015 exposed European cooperation and solidarity as a hollow claim. The euro has become a Greek tragedy, resulting in falling incomes, rising unemployment, and fraying social fabric. Saving the European Union may require killing the single currency.
Tag: European Union
Danilo Türk, a former president of the Republic of Slovenia, is Slovenia’s candidate to become secretary-general of the United Nations, discusses the UN’s failures, the influence of great powers, and the crises in Europe.
The current refugee crisis in Europe underscores the imperative of integration: to achieve healthy societies, immigrants must integrate, but they must also be offered a real chance to reach their full potential.
Europe’s security-driven response to the surge of refugees has been cowardly and xenophobic. There are more viable approaches: granting temporary protections, offering broader alternatives to asylum for those fleeing conflict, and adopting more flexible visa policies.
Greece’s European Union creditors showed little sympathy for the country’s financial crisis, blaming a poor national work ethic and insisting on shock therapy. But Germany had its own reasons for pressuring Athens: economic windfalls and political hegemony.