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Greece Austerity

The Deadly Cost Of Austerity On Greece's Health Care System

The Huffington Post | Charlotte Alfred | Posted 07.03.2015 | World

For over four years, Greece has implemented strict austerity measures as a condition of the major bailout deals keeping the country afloat. The Gre...

An 85-Year-Old Greek Grandmother Prepares To Vote 'No'

HuffPost Spain | Ana R. Cañil | Posted 07.03.2015 | World

Penelope Tyraki and her granddaughter Penelope Tyraki is 85 years old. She has 10 children and 17 grandchildren. She survived the Nazis. ...

What European Leaders Besides Merkel Think About The Greek Referendum

The WorldPost | Nathan Gardels | Posted 07.02.2015 | World

Greeks head to the polls on Sunday to vote on whether they’ll continue austerity policies imposed by creditors and their European partners or strike...

These Economists Are Calling For An End To Greece's Austerity Nightmare

The Huffington Post | Charlotte Alfred | Posted 07.03.2015 | World

A tense standoff between the Greek government and its international creditors reached a breaking point this week. On Tuesday, Greece became the first...

Daniel Marans

Bernie Sanders Blasts Greece's Creditors

HuffingtonPost.com | 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...

Greece Reportedly Ready To Accept Revised Deal

Reuters | Atul Prakash | Posted 07.01.2015 | World

LONDON, July 1 (Reuters) - European shares extended gains on Wednesday after a report saying that Greece was ready to accept most conditions from it...

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...

Don't Blink, Greece

Alex Andreou | Posted 06.29.2015 | World
Alex Andreou

ATHENS -- It seems extraordinary how averse we have become to democracy. How alien an honest leader, who is unwilling to sell the country out in exchange for continuing power, appears. Tsipras is what all leaders should actually be like. We have simply become so accustomed to seeing things through the warped prism of political expedience, that democracy as it should be appears twisted.

Christoph Asche

The Economic Crisis In Greece –- As Told By An Athens Taxi Driver

HuffingtonPost.com | Christoph Asche | Posted 06.17.2015 | World

For an instant, his finger twitches. Should he honk the horn? “Does this have to happen right now?” Dimitris is a taxi driver in the Greek...

Greece Faced With Harrowing Decision With Possibility For Disaster

Reuters | Posted 06.13.2015 | World

By Matthias Williams and Lefteris Papadimas ATHENS, June 12 (Reuters) - Greece's government is under intense pressure to deliver unpal...

Can Angela Merkel Offer Hope for Greece?

Yanis Varoufakis | Posted 06.08.2015 | World
Yanis Varoufakis

ATHENS -- Moralistic objections to helping Greece abound, denying its people a shot at achieving their own renaissance. Greater austerity is being demanded from an economy that is on its knees, owing to the heftiest dose of austerity any country has ever had to endure in peacetime. No offer of debt relief. No plan for boosting investment. And certainly, as of yet, no "Speech of Hope" for this fallen people.

Greece Will Rehire Cleaning Ladies, School Guards Laid Off Under Austerity

Reuters | Posted 05.07.2015 | World

ATHENS, May 7 (Reuters) - Greece's parliament passed a law on Thursday paving the way for the government to rehire about 4,000 public sector workers...

This Part Of Greece's Capital Is Flourishing Amid Austerity

Ozy | Laura Secorun Palet | Posted 03.19.2015 | World

By LAURA SECORUN PALET, OZY Crickets. That’s what Sofia Vamiali heard when, in 2009, she reopened her art gallery in the heart of Athens. While s...

My 'Disruptive' Footnote

Nicos E. Devletoglou | Posted 05.16.2015 | World
Nicos E. Devletoglou

Why should hundreds of millions of innocent people in Europe -- and more particularly the Greek people who have been devastated by this policy so far -- be bearing alone the cost of the damage caused almost entirely by German intransigence and diktat?

Greece Accuses Spain, Portugal Of Conspiring To Topple Anti-Austerity Government

Reuters | Posted 04.30.2015 | World

* Spain, Portugal leading "axis of powers" against Athens-PM * Portuguese leader denies taking hard line on Greece * Ger...

Greek Leader Hit With Acrimony At Home Over Bailout Deal

AP | ELENA BECATOROS | Posted 04.27.2015 | World

ATHENS, Greece (AP) — Greece's prime minister held a marathon meeting with his party's lawmakers Wednesday, briefing them on pledges made to Europea...

Fate Of Greece Deal To Soon Be Decided

AP | DEMETRIS NELLAS | Posted 02.21.2015 | World

ATHENS, Greece (AP) — Greece will submit a list of reforms to be agreed with its creditors Sunday, the country's finance minister said Saturday. "W...

The Economic Ruination of Greece

Harlan Green | Posted 02.18.2015 | World
Harlan Green

Its unemployment rate is 25.8 percent, the worst in the eurozone (slightly more than Spain's 23.7 percent), as it has been in a deflationary spiral, further depressing its economic activity.

Germany Maintains Hardline Stance In Greece Debt Talks

Reuters | Posted 02.17.2015 | World

By Yann Le Guernigou and Costas Pitas PARIS/ATHENS, Feb 16 (Reuters) - Debt-laden Greece and EU paymaster Germany struck hardline postures ahead of...

Greece Says "No Way Back" In Bid To Rewrite Bailout Deal

AP | NICHOLAS PAPHITIS and DEREK GATOPOULOS | Posted 02.10.2015 | World

ATHENS, Greece (AP) — Greece's new prime minister struck a defiant tone on the eve of high-stakes negotiations with skeptical European creditors, sa...

The Bernanke-Yellen Recovery

Harlan Green | Posted 04.09.2015 | Business
Harlan Green

This is something that Germany, instigator of the eurozone's austerity policies, has to learn if it wants to bring Europe out of its Second Great Depression; by supporting policies that will unite Europe into a greater union, rather than cause its disintegration.

Greek Leader To Reject Austerity, Lay Out Hard Leftist Program

Reuters | Posted 04.10.2015 | World

By Jeremy Gaunt ATHENS, Feb 8 (Reuters) - New Greek Prime Minister Alexis Tsipras will lay out his radical left-wing government's poli...

Greece and the U.S. Senate: Economics for the 99 Percent

Mike Sandler | Posted 04.08.2015 | Business
Mike Sandler

The re-shuffle of the last U.S. election that put austerity-minded Republicans in power has ironically resulted in a new anti-austerity economist being hired by Senator Bernie Sanders in the Senate Budget Committee.

What Is the Real Greek Morality Tale?

Joseph E. Stiglitz | Posted 04.05.2015 | World
Joseph E. Stiglitz

Does anyone in their right mind think that any country would willingly put itself through what Greece has gone through, just to get a free ride from its creditors? If there is a moral hazard, it is on the part of the lenders -- especially in the private sector -- who have been bailed out repeatedly.

Has the Greek Revolt Buried German Austerity?

Joschka Fischer | Posted 04.04.2015 | World
Joschka Fischer

BERLIN -- Not long ago, German politicians and journalists confidently declared that the euro crisis was over; Germany and the European Union, they believed, had weathered the storm. Today, we know that this was just another mistake in an ongoing crisis that has been full of them. The latest error, as with most of the earlier ones, stemmed from wishful thinking -- and, once again, it is Greece that has broken the reverie.