Latest Issue

Round 1: Greece 0, Germany 1

Varoufakis surrendered—as he had to

By Bronwen Maddox  

Will the Greek euro become a thing of the past?

Read more: Game on—do Greece’s demands make sense, asks Bronwen Maddox

So much for game theory. And for overthrowing the status quo. In the deal struck over the weekend, the new Greek government has sensibly backtracked on pretty well all of the radical, populist promises it made to win power. It has bought time, and instead of the 28th February deadline hanging over the country’s stability—and…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect