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Say "No" to Greek Financial Irresponsibility

Ivan Eland | Posted 07.06.2015 | World
Ivan Eland

Now that the Greek public has thumbed its nose at Greece's international creditors by voting "no" in a referendum to their most recent bailout offer, ...

Live Updates On The Greek Crisis

Posted 07.06.2015 | World

Greeks resoundingly rejected the terms of a European deal in Sunday's highly anticipated referendum. More than 61 percent of participants in yesterday...

Greece's Finance Minister Varoufakis Resigns After Referendum

Reuters | Posted 07.06.2015 | World

By Renee Maltezou and John O'Donnell ATHENS/FRANKFURT, July 6 (Reuters) - Greece's outspoken finance minister resigned on Monday, removing a major ...

Greek 'No' Vote Finds Chilly Reception In Europe

Reuters | Posted 07.05.2015 | World

By Paul Taylor and Andreas Rinke BRUSSELS/BERLIN, July 5 (Reuters) - France and Germany called for an emergency summit of euro zone leaders to disc...

The Greece That Can Say No: History's Lessons Applied to the Greek Debt Crisis

Sheldon Filger | Posted 07.05.2015 | World
Sheldon Filger

As in 1940, despite the hard road mandated by their decision, the Greek people have placed national honor and dignity on a higher plane than the only other alternative on offer: an ultimatum based on collective indignity and national impoverishment .

Greece Resoundingly Rejects Austerity In Referendum On Bailout Deal

The Huffington Post | Eline Gordts & Nick Robins-Early | Posted 07.06.2015 | World

Greeks on Sunday decisively rejected a bailout deal proposed by the country's international creditors, which demanded new austerity measures in return...

Weekend Roundup

Arianna Huffington | Posted 07.03.2015 | Politics
Arianna Huffington

This week, while the U.S. celebrates its independence, the world watches a modern Greek tragedy unfold as Greece votes on austere bailout terms imposed by the country's creditors. However the vote goes, one thing is clear: The austerity that came with the two previous bailouts has utterly broken the Greek economy. GDP has gone down nearly 30 percent. A quarter of the country is unemployed, including half of its young people. Pensions have been slashed. The health budget has been cut by 40 percent. Suicides are up 36 percent since 2008. The Troika has authored a new Greek myth -- that you can cut your way to growth. And now they're back, demanding more of what's already shattered the economy. The question is will they shatter the spirit of the Greek people? Just as we value our independence, so do the Greeks, who, after all, invented democracy. No matter the outcome of the vote, feeling some measure of control will help keep Greece's spirit alive.

Report: European Countries Tried To Block Release Of Gloomy IMF Report On Greece

Posted 07.03.2015 | World

By Paul Taylor BRUSSELS, July 3 (Reuters) - Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece's debt burden ...

Greek PM: Vote Against Europe's ‘Blackmail'

Reuters | Posted 07.03.2015 | World

By Michele Kambas and Lefteris Papadimas ATHENS, July 3 (Reuters) - Greeks took to the streets in their tens of thousands on Friday in rival rallie...

Daniel Marans

Bernie Sanders Blasts Greece's Creditors | Daniel Marans | Posted 07.02.2015 | Politics

Sen. Bernie Sanders (I-Vt.) attacked the International Monetary Fund and European authorities on Wednesday for imposing what he called excessive auste...

Elderly Greeks Try To Claim Their Pensions Amid Crisis

The Huffington Post | Nick Robins-Early | Posted 07.01.2015 | World

Thousands of elderly Greeks gathered at banks around the country on Wednesday after a number of branches temporarily opened to allow them to collect 1...

10 Things You Need To Know About Greece's Week Of Crisis

The Huffington Post | Eline Gordts & Charlotte Alfred | Posted 07.01.2015 | World

It's only Wednesday and it has already been a dramatic week in Greece. As Tuesday's deadline for an IMF debt repayment and a new bailout deal came and...

The End of the European Canon

Lucia Annunziata | Posted 07.01.2015 | World
Lucia Annunziata

It may not be a breakdown, but it is undoubtedly an unveiling: Europe is abandoning its State of Grace, its Olympus of Rules, and doing something that in the language of international politics is brutally labeled "meddling."

Greece's Prime Minister Tsipras Addresses The Nation Amid Crisis

The Huffington Post | Nick Robins-Early | Posted 07.01.2015 | World

Greek Prime Minister Alexis Tsipras affirmed in a televised speech on Wednesday that Sunday's referendum on a proposed bailout for the cash-strapped c...

Greece Fails To Meet IMF Debt Deadline

The Huffington Post | Nick Robins-Early | Posted 07.01.2015 | World

Greece failed to meet its deadline to pay 1.6 billion euros it owed to the International Monetary Fund on Tuesday, a development that heightened fears...

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. ...

This Is The Sad State Of Greece's Economy, And Now Things May Get Worse

The Huffington Post | Charlotte Alfred | Posted 06.30.2015 | World

Greece's grueling austerity program lies at the heart of disagreements between the country's left-wing government and international creditors over bai...

Greece: Dead End or Fresh Start?

Robert Zevin | Posted 06.30.2015 | Business
Robert Zevin

For five years Greece has been subjected to a regime of totally inappropriate austerity. As a result, for five years its poverty and misery have increased along with its impossibly large debt burden.

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...

Global Markets On Edge As Greece Heads For Default

Reuters | Posted 06.30.2015 | World

By Lionel Laurent LONDON, June 30 (Reuters) - Euro zone stocks and low-rated bonds recovered the worst of their losses on Tuesday but ...

Daniel Marans

Europe's Populists Rally To Greece's Side | Daniel Marans | Posted 06.30.2015 | World

Populist parties in Spain, Ireland and other austerity-stricken European countries are flocking to support the Greek government’s defiance of its cr...

PHOTOS: A Day Of Uncertainty In Greece

Posted 06.29.2015 | World

Greeks faced an uncertain future on Monday, one day ahead of a deadline for the country's government to pay back 1.6 billion euros to the Internationa...

Daniel Marans

Why Angela Merkel Will Be Responsible For A Greek Exit From The Eurozone | Daniel Marans | Posted 06.29.2015 | World

If Greece leaves the eurozone in the coming days, it will be the result of decisions made by German Chancellor Angela Merkel, more than any other inst...

Grexit May Be Merkel's Biggest Risk Yet

Reuters | Posted 06.29.2015 | World

By Noah Barkin BERLIN, June 29 (Reuters) - "If you break it, you own it," former U.S. Secretary of State Colin Powell warned President George W. Bu...

Greece In Shock As Closed Banks And Capital Controls Imposed

Reuters | Posted 06.29.2015 | World

By Michele Kambas and Lefteris Papadimas ATHENS, June 29 (Reuters) - Stunned Greeks faced shuttered banks, long supermarket lines and overwhelming ...