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Athens, July 22, 2015: Greeks protest against austerity measures; three months into 2016, there is still no agreement on extremely unpopular pension cuts that have yet to win approval from lawmakers (source: dpa)

Euro crisis: time for a rerun?

After Greece obtained its third bailout last summer, Europe turned its attention to other crises. But it would be naive to conclude that the sovereign debt crisis is over. The Greek drama is still far from a happy ending; in Portugal and Spain, fragile left-wing governments may want to abandon austerity and roll back reforms; France has declared a state of economic...

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