Criminal charges could  be brought against the former Greek finance minister, Yanis Varoufakis, following revelations of his secret plan to establish an alternative currency. Photograph: Getty

The scene has been set for possible criminal charges to be brought against the former Greek finance minister, Yanis Varoufakis, following revelations (...)

A euro exit will be essential to write down much of Greece’s debt. Photograph: Reuters

There’s a bit of a lull in the news from Europe, but the underlying situation is as terrible as ever. Greece is experiencing a slump worse than the G(...)

Greece’s prime minister Alexis Tsipras “has become an enigma: a childlike man, bewildered by a situation he has mistakenly created”. Photograph: Aris Messinis /AFP/Getty Images

The English aristocrat, historian and gothic novelist Horace Walpole wrote: “No country was ever saved by good men.” After six months of Syriza’s prin(...)

The hashtag appeared to originate on Sunday evening from Sandro Maccarrone, who describes himself as a physics teacher from Barcelona. He tweeted: “The Eurogroup proposal is a covert coup d’etat against the Greek people. #ThisIsACoup.”

A list of demands handed to the Greek government in order to secure a European bailout inspired a social media backlash against Germany and its hawki(...)

 Journalists wait for the end of euro zone leader summit on the Greek crisis, at the European Council headquarters in Brussels. Photograph: EPA

Even by the high standards of the last five years, this is an epic endurance test. A week after the Greek people voted to reject the terms of a second(...)

‘Racial hatred is still a potent force in US society, as we’ve just been reminded to our horror.’ People attend an interfaith candlelit vigil in solidarity with the Emanuel African Methodist Episcopal Church in Charleston,  South Carolina, in Brooklyn, New York. Photograph: Kena Betancur/Getty Images

America is a much less racist nation than it used to be, and I’m not just talking about the still remarkable fact that an African-American occupies(...)

But a funny thing happened on the way to the techno-revolution. We did not get a sustained return to rapid economic progress. Instead it was more of a one-time spurt which sputtered out about a decade ago

Remember Douglas Adams’s 1979 novel The Hitchhiker’s Guide to the Galaxy? It began with some technology snark, dismissing Earth as a planet whose life(...)

Jeb Bush’s  foreign policy team is led by people who were directly involved in concocting a false case for war. Photograph: Alvin Baez/Reuters

Surprise! It turns out there’s something to be said for having the brother of a failed president make a run for the White House. Thanks to Jeb Bush, w(...)

Billboard in central Athens: Greece aims for a deal with creditors, but will not back down on red-line issues. photograph: reuters/alkis konstantinidis Photograph: Reuters/Alkis Konstantinidis

As the Greek Easter holiday period – Easter Sunday fell a week later than in the West this year – comes to a definitive end with the reopening of scho(...)

A shopper is seen through large lantern decorations at a shopping mall in Beijing. Capital growth is falling after a huge investment boom in the 2000s, particularly in China. Photograph: Kim Kyung-Hoon/Reuters

It seems at first a puzzling scenario, and you might wonder whether it is possible at all: output can be at potential but still not be sustainable.(...)