Bloomberg editorial: Greece's Choice of Disasters
After months of confusion and indecision over Greece and its debts, a moment of clarity may finally be approaching. The referendum called for July 5 by Prime Minister Alexis Tsipras promises some kind of resolution. For that, at least, one should be grateful.
There is little else to celebrate. Getting to next Sunday without a financial breakdown in Greece looks impossible; Greeks are already lining up at ATMs. And the choice confronting them when they vote will be between two very bleak alternatives. This mess is a textbook case of political shortsightedness and catastrophic mismanagement.
Commentaries, Analysis, And Editorials On The Greek Debt Crisis -- June 28, 2015
Greek debt crisis: A country on the brink -- Gavin Hewitt, BBC
Questions, conflicts mark path to Greek bailout referendum -- Michele Kambas, Reuters
Tsipras Overturns the Chessboard -- Leonid Bershidsky, Bloomberg
Rift with Greece sets Europe into uncharted territory -- Alastair Macdonald, Reuters
Greece is in a lose-lose situation -- Myles Udland, Business Insider
THIS IS IT: Greece is probably going to default on Tuesday -- Myles Udland, business Insider/Reuters
The View from Athens: Greece Peers Fearfully Over the Brink -- Julia Amalia Heyer and Alexander Smoltczyk, Spiegel Online
Greek crisis: seven days of uncertainty -- Phillip Inman, The Guardian
Will Greece Make It to the Referendum? -- Mohamed A. El-Erian, Bloomberg
Greece referendum: did the euro just die at 4pm? -- Paul Mason, Channel 4
There’s method in Greece’s madness – it could pay off -- Iain Martin, The Telegraph
Tsipras’s shock call for vote on Greek bailout sets day of destiny for Europe -- Ian Traynor, The Guardian
Greece in crisis: Close to the threshold -- The Economist
The seven stages of Greece’s debt tragedy -- Jason Manolopoulos, The Guardian
Greece crisis could be a Sarajevo moment for the eurozone -- Larry Elliott, The Guardian
Greek Referendum Is More Con Than Democracy -- Marc Champion, Bloomberg
Who’s lying in the negotiations over Greece and the euro? -- Henry Farrell, Washington Post
Behind Tsipras’s Grexit strategy -- Matthew Karnitschnig, Politico
Greek debt crisis: What are capital controls? -- Bill Wilson, BBC
IMF Would Be Other Casualty of Greek Default -- Mohamed A. El-Erian, Bloomberg
Will Greece keep the euro? The unfolding drama holds everyone hostage -- Jennifer Hewett, Financial Review
Here's why are global markets panicking over the Greece crisis -- Nitasha Shankar, Economic Times