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Eurozone

Greek Americans Continue Fight For Greece After Debt Deal

The Huffington Post | Daniel Marans | Posted 09.02.2015 | Politics

Greece may be out of the headlines, but it is not off the Greek-American community’s agenda.  That was the message of a briefing call cond...

Germany Supports Greece

Christos Terzides | Posted 08.25.2015 | World
Christos Terzides

The truth of the matter is that the Greek people will never see the bailout funds being used for growth or to reboot the Greek economy, as the European leadership claims. The €86 billion will be paid out in tranches

Joseph Stiglitz: How "Deep-Seatedly Wrong" Economic Thinking Is Killing Greece

Lynn Parramore | Posted 08.24.2015 | World
Lynn Parramore

The insistence on keeping wages down, stripping away bargaining power from workers, forcing small business owners to pay taxes a year in advance, and cutting pensions will only hamper demand and lead to a deepening spiral of debt.

Greece Receives First Bailout Loans And Avoids Default

AP | Charlotte Alfred | Posted 08.20.2015 | World

ATHENS, Greece (AP) -- Greece received the first 13 billion euros ($14.5 billion) from its new bailout package on Thursday, allowing it to pay a debt...

Germany's Merkel To Face Down Party Rebels In Greek Bailout Vote

Reuters | Charlotte Alfred | Posted 08.15.2015 | World

BERLIN, Aug 15 (Reuters) - In a major test of her authority, Chancellor Angela Merkel will ask skeptical German lawmakers to back an 86 billion euro ...

Greece's Euro Partners Approve Billions In New Bailout Loans

AP | Charlotte Alfred | Posted 08.14.2015 | World

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What The Greek Government Isn't Saying About The New Bailout Deal

The Huffington Post | Daniel Marans | Posted 08.12.2015 | World

The bailout deal Greece finalized with creditors on Tuesday, worth up to $94 billion, won't bring significant relief from austerity, contra...

The German Menace

Robert Kuttner | Posted 08.02.2015 | Politics
Robert Kuttner

The EU was created to expand democracy, boost economic growth, and contain Germany within a democratic whole. Instead, it is destroying democracy, crushing growth, and leaving Germany's most churlish impulses to rule Europe. Before it is over, one of history's noblest experiments in enlightened statecraft could end in ruins.

Greece's Tspiras Says Won't Go Beyond Agreed Reforms

Reuters | Charlotte Alfred | Posted 07.29.2015 | World

Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not im...

If The Eurozone Were A Club, Germany Would Be The DJ

The Huffington Post | Daniel Marans | Posted 07.29.2015 | World

Since the start of the Greek debt crisis, commentators have struggled to find the right metaphor for Greece’s relationship to Europe. Is it a ba...

Greek Teens React to Crisis: Part 1

Sophia Armenakas | Posted 07.28.2015 | Teen
Sophia Armenakas

In the midst of Greece's economic turmoil teens are growing up faster and forming their own political opinions.

Greece Moves Forward In Bailout Talks As Government Comes Under Fire

AP | Nick Robins-Early | Posted 07.28.2015 | World

ATHENS, Greece (AP) — Greece pushed ahead with talks on a new rescue loan Tuesday, but its government came under increasing pressure over clai...

Varoufakis Had Secret Plans For A Parallel Greek Payment System

The Huffington Post | Nick Robins-Early | Posted 07.27.2015 | World

Greece's debt saga took an unexpected turn on Sunday, when Greek media reported that former finance minister Yanis Varoufakis had surreptitiously mad...

Germany Wants A Strong Greece

Peter Wittig | Posted 07.26.2015 | World
Peter Wittig

There has been a lot of talk about who has won and who has lost in the recent negotiations on the Greek debt crisis, about who is strong and who is weak in Europe, who is cruel to whom and who has dictated what. This whole discussion, in my mind, misses the point. Europe, especially Germany, wants a strong Greece.

Greek Bailout Talks Delayed Once Again, Official Says

Reuters | Nick Robins-Early | Posted 07.25.2015 | World

ATHENS, July 25 (Reuters) - Talks between Greece and its international creditors over a new bailout package will be delayed by a couple of days becau...

The Euro Is In Trouble. But Romania Still Wants In.

The Huffington Post | Daniel Marans | Posted 08.07.2015 | World

The extraordinary political and economic turbulence of the Greek debt crisis has prompted widespread speculation that other European countries will no...

The Return of the Ugly German

Joschka Fischer | Posted 07.24.2015 | World
Joschka Fischer

BERLIN -- At its core, the criticism articulates an astute awareness of Germany's break with its entire post-WWII European policy. Germany's stance on the night of July 12-13 announced its desire to transform the eurozone from a European project into a kind of sphere of influence.

Greek Bailout Talks Delayed

AP | Charlotte Alfred | Posted 07.24.2015 | World

ATHENS, Greece (AP) — Greece on Friday invited the International Monetary Fund to participate in its negotiations with European creditors over ...

Senator: Germany Has 'Damaged' Europe To Help Big Banks At Greece's Expense

The Huffington Post | Zach Carter | Posted 07.23.2015 | Politics

WASHINGTON -- Sen. Sherrod Brown (D-Ohio) says the German government has refused to take responsibility for its biggest banks, whose reckless lending ...

Yes, Europe's Jews Have a Future

Diego Ornique | Posted 07.23.2015 | World
Diego Ornique

Faced with rising anti-Semitism, terrorism, and unclear financial prospects, many have gone so far as to predict the mass exodus of millions of European Jews or urged them to flee. But that is not happening.

A Death in Brussels

Michael Brenner | Posted 07.23.2015 | World
Michael Brenner

Let's tell it straight: "Europe" committed suicide last weekend in Brussels. It was an assisted suicide. The IMF wrote the original story line and set the scene; the European Central Bank provided the revolver and ammunition; while Germany unrelentingly urged that the suicide was a necessary act of moral redemption that was imperative to save the EU from eternal damnation.

The Mystery Of Greek Prime Minister Alexis Tsipras' Popularity

The Huffington Post | Daniel Marans | Posted 07.27.2015 | World

Greek prime minister Alexis Tsipras may have lost at the negotiating table with Greece’s eurozone creditors, but in a development that has pundi...

Greeks, a Nation Hating Itself

Thanos Dimadis | Posted 07.22.2015 | World
Thanos Dimadis

I'm traveling back to my country dominated by a feeling of sadness. There is no more depressing thing for someone than to see his nation be stagnated in misery and depression caused by the high unemployment rates and lack of any light of hope for a better future.

Greek Crisis: Why Tsipras Remains in Power

Marco Vicenzino | Posted 07.21.2015 | World
Marco Vicenzino

After three weeks on the brink of collapse, Greek banks have finally reopened marking the return of some form of normality. However, strict capital controls remain in place for the foreseeable future, as does the general state of political and economic uncertainty.

The Privatization Plan for Greece Should Be a Stigma on Europe's Conscience

Yanis Varoufakis | Posted 07.21.2015 | World
Yanis Varoufakis

ATHENS -- The plan is politically toxic because the fund, though domiciled in Greece, will effectively be managed by the troika. It did not have to be this way. At a turning point in European history, our innovative alternative was thrown into the dustbin.