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Dow On Pace For Lowest Close Of 2012, Thanks To Greece

The Huffington Post | Mark Gongloff | Posted 05.23.2012 | Business

U.S. stocks are headed for their worst day in six weeks, while the euro is at its lowest level in nearly two years, as markets freak out about the pro...

Eurozone Preparing For Greece Exit Scenario

Reuters | Posted 07.23.2012 | Business

* Euro zone states urged to draft plans for Greek euro exit * Instruction given in euro working group call on Monday * G...

A Note of Caution

Irene Finel-Honigman | Posted 07.22.2012 | World
Irene Finel-Honigman

There may be a momentary pride in the drachma as a symbol of Greece standing up to Europe and reasserting its independence, but sadly neither investors nor markets are likely to share the sentiment.

Who Needs a Greek Government?

Peter Alexander Meyers | Posted 05.20.2012 | World
Peter Alexander Meyers

Greeks must decide to stay or go. Perhaps that is why it failed to come before the people. Perhaps that is why, when on May 6 the election was played out in a way that minimized the literal and more important question -- "Do you want to adopt the new agreement?" -- it failed again.

Europe's Economic Woes Overshadow G8 Summit

Reuters | Posted 07.18.2012 | World

By Jeff Mason and Laura MacInnis CAMP DAVID, Md., May 19 (Reuters) - U.S. President Barack Obama pledged at a Group of Eight summit on...

How to Navigate Markets Through the Euro-Zone Turmoil

Gemma Godfrey | Posted 07.18.2012 | Business
Gemma Godfrey

As the euro zone crisis intensifies and global markets reflect investor concerns, we ask ourselves, is a Greek exit from the euro on its way? Preparations have already begun to protect shareholder interest.

Let Greece Do Debt Cold Turkey

Eric Margolis | Posted 07.18.2012 | World
Eric Margolis

What would happen to Greece if it quit the euro? Financial chaos, capital flight, riots and bank failures... maybe. But after the apocalypse, Greece would eventually revert to its 1960's status: a poor but proud nation living off tourism, shipping, agriculture and fishing.

Capitalist Revolution: Forget the Deficit and Learn From Europe

Sanjay Sanghoee | Posted 07.18.2012 | Business
Sanjay Sanghoee

Before we go wild with our deficit-cutting scythe, let's make sure that we are not hacking away at our own feet in the process.

Paul Krugman: The Euro Can Still Be Saved

The New York Times | Paul Krugman | Posted 05.17.2012 | Business

Suddenly, it has become easy to see how the euro — that grand, flawed experiment in monetary union without political union — could come apart at t...

How Will the French and Greek Elections Change the Direction of Europe?

Gemma Godfrey | Posted 07.14.2012 | Business
Gemma Godfrey

As French and Greek voters make their feeling about spending cuts loud and clear, we ask ourselves: why has there been such a strong swing to anti-austerity/pro-growth, how does this threaten the survival of the euro and is a Greek default still possible?

World Stocks Drop As Worries Over Greece Intensify

AP | PAMELA SAMPSON | Posted 07.14.2012 | Business

BANGKOK — Asian stock markets fell Tuesday, rattled by a political impasse in Greece that could lead the debt-stricken country to a disorderly a...

Greek Parties Hit Political Stalemate, Euro Exit Fears Grow

Reuters | Posted 07.14.2012 | World

By George Georgiopoulos and Karolina Tagaris ATHENS, May 14 (Reuters) - Greek leftists rejected a last-ditch proposal by the head of ...

The Greek Opportunity for Europe

Peter Alexander Meyers | Posted 07.10.2012 | World
Peter Alexander Meyers

As Greek departure threatens to incite the vultures and to extinguish that dream, a tremendous leverage is linked to exit. In this moment that specific power accrues to the Greeks. Does that make it their best option?

Europe's Post-Merkozy Gridlock

Rajan Menon | Posted 07.09.2012 | World
Rajan Menon

Germany can refuse to budge on austerity, but for how long if its remedies don't cure Europe's ailing economies?

European Elections Complicate Outlook

Mohamed A. El-Erian | Posted 07.06.2012 | Business
Mohamed A. El-Erian

Europe's election results sound an alarm for European integration and, consequently, the wellbeing of both the region and the global economy. Let us hope that the inevitable short-term volatility is a precursor to a more decisive effort to deal with the continent's festering problems.

Greece Is Better Off Outside the EU

Ilias Sourdis | Posted 07.01.2012 | World
Ilias Sourdis

Prices quoted on the Greek drachma, together with the tax-free or reduced tax environment, will result to adding more value to the holiday's budget -- therefore making Greece very affordable and overwhelmed with tourists from every part of the world.

Jon Ward

Europe's Growing Economic Woes Loom Over Race For White House | Jon Ward | Posted 04.24.2012 | Politics

WASHINGTON -- The economic situation in Europe -- which many observers believe will have a significant impact on whether President Obama will be reele...

Reasons for Optimism on the U.S. Economy -- We're the King of the World!

Terry Connelly | Posted 06.24.2012 | Business
Terry Connelly

In short, we have a chance to have an "American decade" economically. All we are missing is a little optimism -- well, OK, a lot of optimism, and lot more skepticism about the folks peddling pessimism as if it were the new true religion.

Why The Euro Doesn't Make Sense & Isn't Worth Saving

The Atlantic | MATTHEW O'BRIEN | Posted 04.22.2012 | Business

Pop quiz, hotshot. You're the prime minister of Spain. It's 2005. Unemployment is at a two-decades low. Housing prices are booming. You're worried tha...

A Traveler's Take On Europe's Economic Crisis

Rick Steves | Posted 06.16.2012 | Travel
Rick Steves

You can expect rich travel experiences and locals thankful that you decided to spend a slice of your vacation time and money in their country.

Health and Work in the Age of Aging

Michael Hodin | Posted 06.06.2012 | Fifty
Michael Hodin

As life-spans routinely stretch into the 80s and 90s and as birth rates continue to drop to unprecedented lows, the importance of maintaining health as we age becomes even more crucial.

'Spain Is Going To Stop Being A Problem'

AP | The Associated Press | Posted 05.30.2012 | Business

THE PLAN: Spain's new conservative government has unveiled a (EURO)27 billion ($36 billion) deficit-reduction package that it hopes will convince its ...

Let's Stop Exaggerating the Special Relationship With Britain

Sarwar Kashmeri | Posted 05.20.2012 | World
Sarwar Kashmeri

America has viewed the integration of Europe and the development of the European Union through Anglo-tinted glasses, a view that has proven to not be in the best interests of the United States.

The Logic and Fairness of Greece's Program

Olivier Blanchard | Posted 05.20.2012 | Business
Olivier Blanchard

To get back to health, Greece needs two things. First, a lower debt burden. Second, improved economic competitiveness. The new program addresses both.

A Divided Union

Marian Salzman | Posted 05.14.2012 | World
Marian Salzman

The United States of Europe is in the midst of its own culture war. Will the European Union implode under the weight of its own mess? Or will it hold out long enough to rewrite the rules of cooperation to realign its major powers?