Europe: the crisis is over

The economic threat has abated. But Germany may run out of patience with Greece

Greek presidential guards perform the changing of the guard ceremony through theremains of a European Union flag half-burnt by protesters in AthensPicture: APPhoto
Greek presidential guards perform the changing of the guard ceremony through theremains of a European Union flag half-burnt by protesters in AthensPicture: APPhoto

Is there really a crisis in the eurozone? If you look at the behaviour of the system,

clearly there isn’t.

Greek finance minister Yanis Varoufakis was in Paris last week discussing new economic

thinking and he didn’t appear too stressed out about the impending bond payment to

the IMF which his country ...