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No country for old men
It’s not been the best week for the new Greek government. Later this week, the key decision-makers of the European Union will be engaged in the latest attempt at ending the eurozone’s crisis at a...
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Europe concedes Cyprus default less than a month before presidential election
Felix Salmon has a tantalizing tidbit about Olli Rehn, European commissioner for economic and monetary affairs, apparently conceding that a Cypriot default is now virtually inevitable, less than a...
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Two days, three presidential elections: Cyprus, Ecuador and Armenia
Sunday kicks off the first of two days of presidential elections in three very different regions of the world. Unlike throughout, say, much of parliamentary-based Europe, each of the presidents elected...
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Anastasiades, Malas head to Cypriot presidential runoff next Sunday
Center-right presidential candidate Nicos Anastasiades (pictured above) overwhelmingly triumphed in Sunday’s presidential election in Cyprus, outpacing his nearest rivals by nearly 20%. Nonetheless,...
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Cyprus votes for ‘Nice Nic’ as Anastasiades sweeps to victory pledging...
Cypriot voters have selected a new president in today’s runoff, finishing the business they started last weekend in the first round of the presidential election. Nicos Anastasiades, the candidate of...
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What comes next for Cyprus and the EU following Friday’s haircut ‘bail-in’?
So much for ‘nice Nic’ — it’s not that he’s reverted back to ‘nasty Nic’ so much as ‘nonessential Nic.’ Fifteen days after his inauguration as Cyprus’s new president, Nicos Anastasiades (pictured...
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Cypriot parliament overwhelmingly rejects EU bailout terms, turns to Plan B
This was not surprising. After a couple of delays, Cyprus’s 56-member House of Representatives (Βουλή των Αντιπροσώπων) has rejected the European Union-led bailout of Cyprus’s banks by a vote of 0 to...
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Cypriot-‘troika’ deal means that Cyprus is leaving eurozone in all but name
Another late Sunday night in Brussels, another eurozone bailout plan for Cyprus — and it seems likely that the new deal between Cyprus president Nicos Anastasiades, and the ‘troika’ of the European...
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What Iceland’s election tells us about post-crisis European politics
Iceland was supposed to be different. In allowing its banks to fail, neo-Keynesian economists have argued, Iceland avoided the fate of Ireland, which nationalized its banks and now faces a future with...
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A detailed look at the European parliamentary election results (part 3)
Nearly a week after the European elections, the reverberations are still shaking the entire continent, on at least two levels — the consequences of the historic level of eurosceptic parties elected...
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