Latest Issue

Greece: the solution

Chronicles of a death foretold, or how, despite everything, the eurozone can survive with Greece

Austerity measures in Greece may have provoked protests—but tough cuts is just one part of the solution to the Greek crisis. Image: Joanna

The newspapers are writing the obituary of the euro or the excommunication of Greece or both, often with unseemly pleasure. But it is not so inevitable. There is a simple way to resolve the Greek problem that will strengthen the euro, not undermine it, that will lead German and other tax payers to recover the $145 billion they have pledged, not lose it, and that will not require ambitious institution building in Europe at a time when the…

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