My big fat Greek debt


The eurozone was a crowning achievement for many Brussels europhiles, of which they no doubt felt intense pride. As history shows again and again, it came before a fall.

To describe the overweening pride characterising the euro’s introduction in 2001, Jason Manolopoulos, author of Greece’s Odious Debt, self-consciously employs the word ‘hubris’, which stems from the Greek....

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