Regrets

Greek PM's Missed Opportunity

Greek PM's Missed Opportunity

With Greek Prime Minister Geroge Papandreou calling off plans to put the European bailout to a popular vote, debate surrounding the escalating Eurocrisis has reached a fever pitch. In the Financial Times, Stathis Kalyvas writes that the referendum probably would have ended Papandreou’s career, but it might have broken “the present political paralysis in Greece, eventually leading to the kind of catharsis that Greeks are yearning for.” Meanwhile, the Dish's Andrew Sullivan grapples with the scariest question of all: What happens if Greece actually bails on the Euro? He argues it could be the beginning of the end for Europe's current financial system. "More and more we keep hearing of the next domino that could fall. France?"