Greece Deal Elusive, but EU Faces Even Tougher Battles Ahead

View of Amsterdam, Netherlands, May 19, 2011 (photo by Flickr user faungg licensed under the Creative Commons Attribution-NoDerivs 2.0 Generic license).
View of Amsterdam, Netherlands, May 19, 2011 (photo by Flickr user faungg licensed under the Creative Commons Attribution-NoDerivs 2.0 Generic license).
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AMSTERDAM—Like much of Europe, the Dutch have been keeping a close eye on developments in Greece. As negotiators continue to meet in efforts to hammer out a deal that would avert a Greek default, experts warn that the consequences of failing to reach an agreement would range from very painful to catastrophic. Here in the Netherlands, the subject occupies private conversations, occasional streets protests and countless headlines. And yet, the dilemma of how or whether to give another lifeline to Greece is only a prelude to a more far-reaching and divisive political battle looming ahead. If Greece defaults and ultimately […]

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