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Eurozone

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

HuffingtonPost.com | 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

HuffingtonPost.com | 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 ...

Greece Will Close Banks Amid Fear Of Financial Collapse

The Huffington Post | Nick Robins-Early | Posted 06.28.2015 | World

Greek Prime Minister Alexis Tsipras announced on Sunday that the nation's banks and stock market would be closed on Monday amid fears of financial col...

Greece To Close Banks And Stock Exchange On Monday

Reuters | Posted 06.29.2015 | World

By Lefteris Papadimas and John O'Donnell ATHENS/FRANKFURT, June 28 (Reuters) - Greek banks and the stock exchange will be shut on Mond...

Rift With Greece Sets Europe Into Uncharted Territory

Reuters | Alastair Macdonald | Posted 06.28.2015 | World

BRUSSELS, June 28 (Reuters) - Europe's grand project to bind its nations into an unbreakable union by means of a common currency lurched into uncharte...

Over A Third Of Greek ATMs Run Out Of Cash

Reuters | Posted 06.27.2015 | World

By George Georgiopoulos and Lefteris Papadimas ATHENS, June 27 (Reuters) - More than a third of automated teller machines across Greece ran out of ...

European Leaders Reject Greece Bailout Extension Throwing Eurozone Into Crisis

AP | RAF CASERT and ELENA BECATOROS | Posted 06.27.2015 | World

ATHENS, Greece (AP) — Greece's parliament voted early Sunday in favor of Prime Minister Alexis Tsipras' motion to hold a July 5 referendum on credit...

Daniel Marans

Why A Bailout Deal That Keeps Greece In Europe May Endanger Greek Democracy

HuffingtonPost.com | Daniel Marans | Posted 06.26.2015 | World

An emerging bailout deal between Greece and its creditors likely would continue the status quo of austerity. This ongoing economic pain may embolden G...

Greek PM Calls Referendum On Bailout Deal

Reuters | Posted 06.27.2015 | World

By Lefteris Papadimas and Renee Maltezou ATHENS/BRUSSELS, June 27 (Reuters) - Greek Prime Minister Alexis Tsipras called a referendum...

Daniel Marans

As Debt Deal Looms, Greeks Dream Big

HuffingtonPost.com | Daniel Marans | Posted 06.26.2015 | World

As Greek leaders work around the clock to negotiate a new bailout deal with their creditors, ordinary Greeks remain anxious about what lies ahead. ...

Daniel Marans

How A Deal Between Greece And Europe Could Be Dead On Arrival

HuffingtonPost.com | Daniel Marans | Posted 06.25.2015 | World

After months of high-stakes negotiations, the Greek government and its creditors are reportedly within striking distance of a lasting new bailout deal...

Daniel Marans

Why Greece Wants A Better Deal From Europe

HuffingtonPost.com | Daniel Marans | Posted 06.21.2015 | Politics

To hear some tell it, Greece is acting like a petulant child unwilling to take its medicine. But Greece says it has good reasons for holding out o...