Beyond its sun-drenched islands and remarkable history, Greece spent over a decade defined otherwise: unsustainable debt, everlasting unemployment, and a dormant economy. The country was not well-equipped to endure the consequences of the global financial crisis after a prolonged period of borrowing and excessive ( yet unproductive ) spending. Deep structural issues turned a blind eye to tax evasion and allowed for the misreporting of national statistics, resulting in the ine

Cotos Station in 2023, 2nd December © Finales de otoño by CARLOS TEIXIDOR CADENAS . Licensed by CC BY 4.0 Spain: the land of tourism, olive oil, and jamon. Apart from its unmatched cuisine and stunning Mediterranean beaches, Spain is also renowned for its excellent railway infrastructure. It has the second largest high-speed railway system in the world, with approximately 4000 kilometres of high-speed rail. The only country ahead of Spain is China, which is 19 times larger

© Symbolic - Euro coins by European Union , 2023. Licensed under CC BY 4.0 Macron’s call for joint European Debt brought immediate pushback from Germany . The reasoning is familiar: fears that the German taxpayer will have to pay for the French pensioner. These sentiments are shared by fiscally conservative EU states such as Germany, the Netherlands, Austria and Denmark. In light of strained ties with the United States, Europe’s interdependence has come into focus, highli

Even though centuries separate them, seventeenth-century France and twenty-first-century Europe are confronted with the same question: should society place its faith in laissez-faire policies, or should the state intervene when faced with a macroeconomic problem? Across time, it seems the economy repeatedly falls into the same dilemma. In detail, throughout the 17th century, France, under the reign of Louis XIV, was involved in decades of continuous warfare, including the Th

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