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Greece -- the Decisive Factor

Joergen Oerstroem Moeller | Posted 07.08.2015 | World
Joergen Oerstroem Moeller

The conclusion first! Greece will stay in the Euro. Agreement with the creditors will be reached and it is not difficult to see how it will look. The challenge is to trace how to get there.

Zach Carter

Why Obama Is Leaving Greece To Fend For Itself Against Germany | Zach Carter | Posted 07.08.2015 | Politics

WASHINGTON -- The Obama administration is effectively sitting out the contentious talks over the festering economic crisis in Greece, despite increasi...

The 'Double Truth' Revealed by Greek Crisis Shows Path Ahead Is a 'Two Speed' Europe

Nicolas Berggruen | Posted 07.06.2015 | World
Nicolas Berggruen

Europe has arrived at its moment of double truth. The muddling is over with and the path ahead is clear for all to see.

Who Knows What's Next For Greece? Google, Hopefully

The Huffington Post | Alexandra Ma | Posted 07.06.2015 | Technology

Moments after the Greeks rejected an austerity deal from the EU, they took all of their unanswered questions to Google.

Greece Has Reached Its Threshold of Pain

Daniel Wagner | Posted 07.06.2015 | World
Daniel Wagner

It should not have come as a surprise that the majority of Greek voters opted not to accept more externally-imposed austerity, by voting "no" in Sunda...

Can the Eurozone Withstand a Grexit?

Antonio Roldán Monés | Posted 07.06.2015 | World
Antonio Roldán Monés

Although the eurozone is better equipped than it was in the past, it is still a highly imperfect monetary union. In fact, if Greece exits, new vulnerabilities will emerge, and there is no certainty other weak southern periphery economies will actually be protected. This may add to the many reasons for the two parties to reach an agreement this week, allowing Greece to remain in the eurozone. The alternative could be the beginning of the end of the euro.

What Will Save the Euro?

Harlan Green | Posted 07.06.2015 | Business
Harlan Green

Now that Greece has voted "no" on the latest proposal by the European Commission, the European Central Bank, and the International Monetary Fund (the so-called "troika"), will Greece stay in the eurozone? If so, Greece may save the euro.

Greeks' Decisive No Vote Leaves Europe With 2 Options: Forgive Some Debt or, Worse, Face a Grexit

Karl Whelan | Posted 07.06.2015 | World
Karl Whelan

DUBLIN -- The decisive nature of the No vote should persuade European leaders to set aside their hopes of forcing regime change and to focus their minds on the practical implications of a Grexit. They need to acknowledge something that is widely accepted: that Greece cannot pay back all of the money loaned by Europe. Pushing Greece towards a euro exit  is probably the strategy that will ultimately minimize the return of money to the creditors.

Why Congress Holding the IMF Accountable for Failed Policies in Greece Could Actually Make a Difference

Mark Weisbrot | Posted 07.02.2015 | World
Mark Weisbrot

Unlike many letters from Congress that are ignored by the executive branch, this one might be taken more seriously by the IMF and the U.S. Treasury department -- which is the IMF's most powerful overseer. One reason is that the IMF has been trying for five years to enact reforms in its governance structure that are very important to the Fund and Treasury -- reforms that can't be enacted unless they are approved by Congress.

PHOTOS: Greeks Prepare For Crucial Referendum

The Huffington Post | Alexandra Ma | Posted 07.02.2015 | World

Greece was on edge on Thursday, days ahead of a controversial referendum on the country's economic future. Scheduled for Sunday, the referendum wi...

The Real Question for the Greeks: What Will Happen the Day After the Referendum?

Anastasia Roumelioti | Posted 06.30.2015 | World
Anastasia Roumelioti

Today is Monday the 29th of July. I am writing this from London, the city where I have built my career and life upon graduating from business school. ...

The Case For 'Europe'

OpedSpace | Posted 06.30.2015 | Politics

Today we stand on the precipice of a European implosion. A popular referendum on July 5th may determine if Greece will leave the monetary union, and perhaps, according to its Central Bank, also the EU.

Argentina Shows Greece There May Be Life After Default

Joseph E. Stiglitz | Posted 07.01.2015 | World
Joseph E. Stiglitz

Defaults are difficult. But even more so is austerity. The good news for Greece is that, as Argentina showed, there may be life after debt and default.

Greece's Debt Crisis Deadline Approaches

Reuters | Posted 06.30.2015 | World

By Renee Maltezou and Lefteris Papadimas ATHENS, June 30 (Reuters) - The head of the European Commission made a last-minute offer to try to persuad...

Europe's Attack on Greek Democracy

Joseph E. Stiglitz | Posted 07.01.2015 | World
Joseph E. Stiglitz

European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics.

The Incompetent Greek Government, Not Its Creditors, Pushed the Economy off the Cliff

Pierpaolo Barbieri | Posted 06.29.2015 | World
Pierpaolo Barbieri

BUENOS AIRES -- Athens in 2015 will become like Buenos Aires in 2001. Greeks now face the prospect of prolonged capital controls, severe political unrest and eventually a confiscation of ordinary citizens' savings to finance a government's withdrawal from the world.

EU Chief Urges Greeks To Vote 'Yes'

Posted 06.29.2015 | World

By Alastair Macdonald and Philip Blenkinsop BRUSSELS, June 29 (Reuters) - The EU's Jean-Claude Juncker delivered an emotional condemnation of the G...

EU Tells Greeks 'Door Still Open' To Deal, Makes Offer Public

Reuters | Posted 06.28.2015 | World

By Alastair Macdonald BRUSSELS, June 28 (Reuters) - EU chief executive Jean-Claude Juncker launched a last-ditch drive on Sunday to pe...

The EU, the Grexit, and Market Failure

Daniel Wagner | Posted 06.26.2015 | World
Daniel Wagner

An orderly unwinding of Greece's and Europe's debt is possible. If it could be done in the U.S., when a third of all savings and loans associations failed in the 1980s and 1990s, something similar can be done in Europe.

EU Agrees To Take In 60,000 Refugees, But Leaders Warn It's Not Nearly Enough

AP | Posted 06.26.2015 | World

BRUSSELS (AP) -- The European Union decided Friday to share 40,000 of the refugees landing in Italy and Greece but foot-dragging and verbal sniping ov...

Integrating Roma Into Europe's Future: Change Must Come From Within

Athéna Tacet | Posted 06.24.2015 | World
Athéna Tacet

A large majority of the estimated 10-12 million Roma living in Europe, six million of them in the EU and the majority in Bulgaria, Czech Republic, and Romania, continue to face social-economic prejudice, exclusion from mainstream education and healthcare, intolerance, xenophobia and stigmatization.

How the Migrant Crisis Is Testing Europe's Security Strategy

Fabrizio Tassinari | Posted 06.23.2015 | World
Fabrizio Tassinari

COPENHAGEN -- The most revolutionary idea of modern Europe has been to purse the safety of its citizens by opening borders, not erecting barriers. A new European security strategy must make the case that the nexus of security and integration still amount to the formula of European peace. That is a battle that Europe cannot afford to lose.

EU Extends Sanctions Against Russia By 6 Months

AP | JAMEY KEATEN | Posted 06.22.2015 | World

LUXEMBOURG (AP) — The European Union on Monday extended economic sanctions against Russia until January to keep pressure on Moscow over the conflict...

Germany's Leadership Role in Advancing Economic Freedom: Opportunity for All, Favoritism for None

Natasha Srdoc | Posted 06.19.2015 | World
Natasha Srdoc

The topics of strengthening the transatlantic partnership and advancing economic freedom were brought to the forefront, when we gathered in Brussels at a dinner event of the Konrad Adenauer Foundation in December 2014.

Europe's Far-Right Parties Form Group In EU Parliament

AP | RAF CASERT | Posted 06.16.2015 | World

BRUSSELS (AP) — A coalition of far-right, anti-immigrant parties in the European Parliament announced Tuesday they are uniting to form a political g...