Photo Gallery Anger and Despair on the Streets of Athens

Despite drastic austerity measures, a new Greek debt haircut looks unavoidable. The old system has proven resistant to reform and billions in emergency aid hasn't been enough to turn things around.
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Simela Pantzartzi/ dpa
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Simela Pantzartzi/ dpa
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Simela Pantzartzi/ dpa
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DER SPIEGEL
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Louisa Gouliamaki / AFP
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Alkis Konstantinidis/ dpa
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AP/dpa
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Alkis Konstantinidis/ dpa
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JOHN KOLESIDIS/ REUTERS
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JOHN KOLESIDIS/ REUTERS