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American Prospects

Greece's Very Real Fiscal Cliff

November 14, 2012

Last Wednesday night, I sat in the press stalls inside the main hall of Greece?s parliament watching a critical bill being debated. While Americans were still distracted by the results of their own election, Greece?s ruling coalition, made up of three parties that straddle the center, was struggling to pass new cuts and reforms necessary for continued financial help for the debt-ridden country. As the measure was attacked by deputies from SYRIZA, the hard left official opposition, and the populist-right Independent Greeks, I heard yelling and commotion from inside the parliament building. My first thought was that the tens of thousands of protesters

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