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The blame is certainly going around. Many conspiracists accuse "foreign hands," more specifically Anglo-Saxons, for the Greek and Spanish crises, arguing that they have always hated the euro and are now using their hedge funds and media operations to bring it down. Some suggest that speculators are attacking the...

Author: /time Magazine | Title: What Caused the Euro Crisis? | 2/26/2010 | See Source »

Nicolas Véron, a senior fellow at the Breugel economic think tank in Brussels, says the theories reflect a virulent public mistrust of the free market in euro-zone countries, particularly in southern Europe. "There is a very long and deep suspicion of markets in these places," he says...

Author: /time Magazine | Title: What Caused the Euro Crisis? | 2/26/2010 | See Source »

The response in Athens was widespread outrage. A daily newspaper, Eleftheros Typos, retaliated with its own doctored photograph depicting the golden statue atop Berlin's Column of Victory holding up a swastika. On Friday, Greece's oldest consumer group called for a boycott of German products. See pictures of the...

Author: /time Magazine | Title: Greece's Debt Crisis: Blaming Nazi Germany | 2/26/2010 | See Source »

During its 1941-1944 occupation of Greece, Germany diverted Greek crops to their own troops, sparking a famine in Athens. In all, an estimated 250,000 people across the country died of starvation. Greek guerrillas waged a fierce and dedicated resistance against the occupiers, but their bravery was countered by...

Author: /time Magazine | Title: Greece's Debt Crisis: Blaming Nazi Germany | 2/26/2010 | See Source »

Still, it won't bury another bone of contention: the arrest warrants that have been issued by a French investigating judge for several members of former Tutsi militias who now sit in Rwanda's government. The men are suspected of having shot down the plane of the nation's President...

Author: /time Magazine | Title: France's Belated Mea Culpa on Rwanda | 2/26/2010 | See Source »

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