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London in 1953: Syriza's plan to restructure almost half the eurozone's government debt deserves to be taken seriously (Photo: Dave Wood)

Analysis

Europe's debt revolution: Can Syriza's plan work?

Syriza’s promises to call an end to the Brussels-mandated budgetary austerity policies which both socialist and centre-right governments have been following since 2010 are not new - politicians of the left and right have been promising to ease austerity across much of Europe over the past couple of years.

But what is potentially groundbreaking is Syriza’s proposal to convene a European Debt Conference, modelled on the London Agreement on German External Debts in 1953 which wrote off aro...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

London in 1953: Syriza's plan to restructure almost half the eurozone's government debt deserves to be taken seriously (Photo: Dave Wood)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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