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Photograph by Ira Heuvelman-Dobrolyubova/Getty Images; illustration by Thomas Hall/Bloomberg

Europe on the Potomac

So much for claims that Europe is in terminal decline, its economic and political model devoid of appeal elsewhere. As the U.S. fiscal cliffhanger showed, European decision-making practices are becoming all the rage in Washington. True, political America took only...

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Greek Prime Minister Lucas Papademos in Athens on Nov. 16, 2011

Photograph by Vladimir Rys/Getty Images

Greek Prime Minister Lucas Papademos in Athens on Nov. 16, 2011

Today in Euro Crisis History: Annnals of Optimism

December 14 2009 GREECE PM SAYS PLANS DEFICIT UNDER 3% BY 2013 2010 EU SEES 2012 GROWTH PICK-UP ON STRENGTHENING PRIVATE DEMAND 2011 Papademos Says There Won’t Be More Pension, Wage Cuts, Tax Hikes Greek Prime Minister Lucas Papademos said...

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