Each year Conn Hallinan looks aghast at news stories and newsmakers that beggar belief.
Regions / Greece
On the verge of default, Greece is caught between an unpopular austerity package and a popular revolt.
If Spain and Italy are forced to apply for bailouts, it is not clear the European Union or the euro would survive.
A popular movement is up against an embattled government in Greece.
The Greek economic crisis is not about living beyond one's means, reports columnist Walden Bello from Athens. It's the same story of unregulated financial speculation all over again.