The Greeks voted to change their government, and its dealings with the world. For now, Greece and Germany have stepped back from the brink, with EU approval for Greek reform proposals and a 4-month bailout extension.The Greeks don’t need to have the meaning of the word “democracy” explained to them. Even so, they have been given countless lectures since voting in a leftwing government determined to end the austerity policies that have made their lives a misery for six years. The schoolmasterly (...)

There are many precedents for restructuring, if not cancelling, Greece’s international debt; but the moderately leftwards tone of the new Greek government scares the creditors.

With fighting drawing closer to a nuclear plant, Ukraine wants to source some of its nuclear fuel from the West, and become less dependent on Russian policy and influence.