Cauterise and print: Germany's new Plan A

After Nicolas Sarkozy wins the French Presidential election Germany will ‘suddenly’ realise that the impossible conditions the Greekgovernment pretended to accept have not been met. And then the amputations will start. By Yanis Varoufakis.

Scenes from the class struggle in Greece

The EU's rulers have probably over-played their hand by acting in such a provocative way towards Greece. By Richard Seymour.

This loan shark says, make them pay, beat them until they pay everything, but don't beat them so hard that they can't keep paying. That loan shark says, if you don't make an example of this one, the others won't respect you  Beat them to death.  And it is between these two poles that the bankers, ratings agencies, and EU leaders oscillate.

How the Arab League turned against Syria

Why did the Arab League, once perceived as an ineffective dictators’ club, end up taking the side of anti-government protesters against the Syrian regime? Does its humanitarian rhetoric simply conceal its most powerful member states’ true motives: concern over the geopolitical distribution of power? By Sean Mann.

Why Chechnya still feels like a battleground

A Russia without Putin and his puppets would be a better one for Chechnya. By Lorraine Courtney.

Polina Zherebtsova was just 14 when the bombs began falling on her city. She wrote everything down, filling dozens of diaries with raw stories of a city under siege and a teenage girl’s broken dreams. Her journals have just been published. They engage and shock. They also reilluminate a conflict that has largely fallen off the media map.

Greece's PSI: dead on arrival

Greece's Private Sector Initiative (PSI) gave the shadow banking sector a great new opportunity to profiteer at the expense of Greece and of Europe and escalated the latter’s crisis rather than helping tame it. By Yanis Varoufakis.

A brief history of Greece’s Private Sector Initiative (PSI)