PARIS  - On October 4, 2009, the Greek Socialist Party Pasok scored a large victory in early national elections. With a clear majority (160 out of 300 seats) in the Greek legislature, Pasok’s top candidate George Papandreou became prime minister. A few days later, the new government announced that the budget deficit would be at [...]

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In his Transatlantic Take piece, Francois Lafond reflects on recent developments and offers some pointers for future economic governance within the Eurozone.   Having just returned from Athens, let me add some additional reflections on the potential geopolitical implications of the crisis.   First, the scale of the budget crisis facing the new Greek government [...]

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