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Greek Crisis: Only the Beginning

Daniel Speckhard | Posted 07.09.2015 | World
Daniel Speckhard

While we all watch with shock as Greece goes into an economic death spiral, much bigger waters are stirring with long term consequences for all of us.

How the Financial Crisis is Choking Greek Businesses

Alexandros Klossas | Posted 06.18.2015 | World
Alexandros Klossas

As the Greek government and its creditors continue negotiations over the country's debt, the lack of liquidity has turned the financial situation for many of the nation's companies increasingly dire and frozen both the private sector and the domestic market.

Greek Protesters Clash With Police In First Backlash Against Syriza

Reuters | Posted 04.28.2015 | World

ATHENS, Feb 26 (Reuters) - Dozens of black-clad protesters clashed with riot police in central Athens on Thursday, smashing shop windows, throwing p...

Greece May Soon Get A Bailout Deal

Bloomberg | Posted 02.12.2015 | World

Greece and Germany are pursuing a deal on the conditions required to continue the Greek bailout as each side signals a ...

EU Calls Euro Membership 'Irrevocable' But Renegotiable

AP | RAF CASERT | Posted 03.07.2015 | World

BRUSSELS (AP) — The European Union's executive Commission said Monday that membership in the euro bloc is "irrevocable" but left it open to what ext...

European Authorities Still Punishing Greece -- Can They Be Stopped?

Mark Weisbrot | Posted 04.17.2013 | Politics
Mark Weisbrot

Alexis Tsipras has a tough job. He is leader of the Syriza Party of Greece, a left party that has risen meteorically in the past three years: from 4....

Greek Government: Yes, We Want The Eurozone

Reuters | Posted 08.21.2012 | Business

ATHENS, June 21 (Reuters) - The new Greek government plans to revise the terms of its bailout from the European Union and the International Monetary...

Just When You Thought The Greek Crisis Might Be Over

Reuters | Posted 04.22.2012 | Business

* Debt/GDP could rebound to 160 pct in 2020 if reform delayed * Experts say austerity imperative clashes with boosting growth ...

A Baklava Republic: Greece Regressing From EU Into Recklessness Of Turkey And Beyond

Vanessa Andris | Posted 02.05.2012 | World
Vanessa Andris

These are the Baklava Republics, countries characterized by a rule of law that serves individual agendas and leaders proud of their willingness to destroy everything in the name of defending their dignity.

EU Rushing To Complete Greece's Second Bailout Package

Posted 07.30.2011 | Business

BRUSSELS/ATHENS (Jan Strupczewzki and Harry Papachristou) - The European Union is working on a second bailout package for Greece in a race to rele...

Greece's Government Deficit Even Worse Than Predicted

AP | By GABRIELE STEINHAUSER | Posted 06.26.2011 | Business

BRUSSELS -- Greece's government deficit was significantly bigger than forecast last year, European Union data showed Tuesday, underlining the difficul...

Greece Should Approach the IMF

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

EU pressure is growing for Greece to "do the right thing" -- a massive and sudden cut in the Greek budget deficit. Greece has gotten itself into a fine mess; still, it is now time for the Greek government to push back more effectively.