Greece spent profligately and did not fully commit to austerity, right? Wrong. Australia Institute chief economist Richard Denniss explains five misconceptions about the Greek debt crisis, with help from Australia Institute researcher Cameron Amos.
Giving voice to an article promoting a party that wants to "turn immigrants into soap" and "make lampshades of their skin" is not a diversity of ideas. It's violent hate speech.
It’s almost impossible to open the financial pages of a newspaper and not read about someone blaming someone else for their own mistakes.
The fact that the pro-austerity, pro-euro parties are now on top in the polls in Greece buoyed markets last night, but the options for Europe remain limited and difficult -- especially if Greece stays in.
Crikey media wrap: Riots raged on the streets of Athens as Greek political leaders voted for an austerity package to cut public spending in the hope of saving Greece from default.