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...frenzied betting by financial markets against the stability of Greek government bonds is a clear indication that many investors don't believe Athens will find a way to deal with its massive debt - at least not without an equally huge European bailout. But beyond the market speculation lies a longer-term question that is tormenting the 16 euro-zone nations: Could the Greek crisis be the beginning of the end for the common currency, just eight years after its first notes and coins were issued? Might the doubts and pressures that are driving the euro's value downward lead...

Author: /time Magazine | Title: Could the Euro's Days Be Numbered? | 2/19/2010 | See Source »

...says Philippe Moreau Defarge, a European affairs expert at the French Institute on International Relations. "Europe is being forced to recognize it isn't as rich or as well-organized as it thought, and faces several long, hard years of finding its way back to solid ground." (See "Greek Tragedy: Athens' Financial Woes...

Author: /time Magazine | Title: Could the Euro's Days Be Numbered? | 2/19/2010 | See Source »

...carried home, intoxicated and  incapacitated, after a changing of the guard, newer contributors were busy greeting the old in the most scandalous of drunken attempts at lip-locking. Meanwhile, a certain business-oriented chap was frantically conveying his concerns over orientation to a future Cantabridgian, pita-wrapped Greek delicacy in hand all the while. For one special birthday bird, it was the thunder that was chocolate-flavored this year, not the cake, which was instead perfumed with the scent of intoxicating herbs. ‘Girl’ needs to make sure that when she heads to a party...

Author: By FM Staff, CRIMSON STAFF WRITER | Title: Chatter | 2/18/2010 | See Source »

...ride close—and logistically comparable in that it is also a private university with a medium-sized student body of about 5,000. Like most colleges and unlike Harvard, Tufts boasts a robust fraternity and sorority scene. With our hopes high about its Greek nightlife, we journeyed from the desolate, lonely streets of Cambridge to what we hoped would be the buzzing roads of Somerville. We had no idea where we were going, but it was an invigorating feeling to so suddenly recapture—the feeling of being a freshman, of being lost, of having blind hope...

Author: By Alexander J. Ratner and Lillian Yu, CRIMSON STAFF WRITERS | Title: Tufts | 2/18/2010 | See Source »

...Fofi Klimentidi, a 33-year-old teacher in Athens, is typical of many young Greeks who don't earn enough to support themselves despite being well-educated. She has an undergraduate degree from a Greek university and a master's degree in special education from the U.K. But the only job she can find is temporary, part-time work. In a good month, she makes $400. "My father helps support me," she said during a civil-servant protest against the austerity measures on Feb. 10. "We're already exploited by the state. We can't live on what they give...

Author: /time Magazine | Title: The Party's Over for Spendthrift Greeks | 2/17/2010 | See Source »

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