Greek retail sales have fallen 32 percent, almost double the drop in GDP. That would jibe with other evidence of the gravity of Greece's suffering, like the number of people going without food or fuel.
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Photographer: Kostas Tsironis/Bloomberg
A closed store in Athens, Greece.
Greek Tragedy, by the Numbers
Photographer: Simon Dawson/Bloomberg
The Rosetta Stone of Cyprus protest signs: a plea for help in English, Russian and Greek.
Leave Your Money In a Cyprus Bank. For Ten Years.
Cyprus no longer has a problem of how to raise $5.8 billion to fund a bank bailout. It has a problem of what to do when most of Cyprus's bank deposits leave the country.
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Photographer: Chris Ratcliffe/Bloomberg
Cyprus in April, 2012. Looks like everyone's already left to line up at the ATM.
Two Contrarian Arguments for the Cyprus Deposit Tax
The only people who don't seem to hate the plan are those who are just left speechless. Still there's a case to be made that (a) for most Cypriots it beats the alternatives and (b) a devastating run on the...
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Photographer: Alessia Pierdomenico/Bloomberg
Beppe Grillo, comedian-turned-politician, during an election campaign rally.
Italy Fails at Choosing a Government, Succeeds at Scaring Europe
There may be no clear winner in Italy’s election so far, but it’s not too early to declare a loser: austerity. That wouldn’t have been a big surprise to Monti 1.0, who came in with no plans to run again....
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