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Greece Bailout

Greek Teens React to Crisis: Part 2

Sophia Armenakas | Posted 07.30.2015 | Teen
Sophia Armenakas

The Greek debt crisis reached fever pitch as the EU implemented a new series of austerity measures.

How Bad Was The Run On Greek Banks?

HuffPost Greece | Charlotte Alfred | Posted 07.21.2015 | World

The amount of money withdrawn from Greek banks last month was unprecedented, according to Greece's central bank. The Bank of Greece said Monday that ...

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.

After The Bailout Comes The Tax Hikes

Associated Press | Menelaos Hadjicostis | Posted 07.20.2015 | World

ATHENS, Greece (AP) -- How much did you say? That's likely to have been one of the most common questions in Greece on Monday after a raft of tax in...

After 3 Week Closure, Greek Banks Finally Reopen With Some Restrictions

AP | Jade Walker | Posted 07.20.2015 | World

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Merkel Rules Out Greek Debt Write-Off, But Open To Other Relief

AP | Charlotte Alfred | Posted 07.19.2015 | World

BERLIN (AP) -- Chancellor Angela Merkel on Sunday suggested that Germany would show flexibility in negotiating how Greece deals with its massive debt...

Greece Orders Banks To Re-Open Monday

Reuters | Charlotte Alfred | Posted 07.18.2015 | World

ATHENS, July 18 (Reuters) - The Greek government ordered banks to open on Monday, three weeks after they were shut down to prevent the system collaps...

Banks To Reopen After Greece Agrees To Steep Austerity Cuts

Associated Press | Kelly Chen | Posted 07.16.2015 | World

ATHENS, Greece (AP) — Greece on Thursday won vital pledges of support from bailout lenders needed to keep its economy from collapsing, but offi...

Former Greek Finance Minister Calls Bailout Deal Reforms 'Fiscal Waterboarding'

The Huffington Post | Nick Robins-Early | Posted 07.15.2015 | World

Former Greek finance minister Yanis Varoufakis published a blog on his website Wednesday providing a line-by-line takedown of the July 12 Euro Su...

Inside Germany's Destructive Anger Toward Greece

The New York Times | Annum Masroor | Posted 07.15.2015 | World

A deal has finally been reached that could keep Greece in the eurozone.Few are happy with the outcome. We’ve heard a lot about how the Greeks f...

Live Updates On The Greek Debt Crisis

Posted 07.15.2015 | World

Greece's parliament comes together today to debate whether to pass the harsh economic reforms demanded from the nation's eurozone creditors. The c...

Greece PM Fights To Pass Reforms In Parliament

Reuters | Jade Walker | Posted 07.15.2015 | World

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Time Is Ticking For Greece To Pass Reforms Needed For Bailout Deal

AP | ELENA BECATOROS and DEREK GATOPOULOS | Posted 07.15.2015 | World

ATHENS, Greece (AP) — Greek lawmakers voted overwhelmingly early Thursday to approve a harsh austerity bill demanded by bailout creditors, despite s...

Greece PM Must Shred His Own Election Promises And Sell Austerity

AP | Jade Walker | Posted 07.14.2015 | World

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The Greece Bailout: A Dangerous Game of Jenga

Sara Zervos | Posted 07.14.2015 | World
Sara Zervos

Today's headlines regarding the latest Greek bailout do not bode well for political stability in Europe, and the future of the Eurozone. The nature of the bailout can also affect the rest of us around the world. To understand why, we need to go back to the beginning.

Why Debt Relief Won't Solve Greece's Problems

Edmund S. Phelps | Posted 07.13.2015 | World
Edmund S. Phelps

Greece will not get very far out of its present morass without coming to grips with how it got there. The country provides a textbook example of a flawed economic system.

France vs. Germany

Mauro Guillén | Posted 07.13.2015 | World
Mauro Guillén

For France, European integration is a goal to be achieved regardless of the cost. For Germany, although European unity figures prominently on its agenda, the speed and depth of European integration must be analyzed pragmatically, weighing the benefits and the costs.

Ryan Grim

German-Led Eurogroup Launching Coup Against Greek Government

HuffingtonPost.com | Ryan Grim | Posted 07.16.2015 | Politics

After the fall of the Berlin Wall and the collapse of the Soviet Union, Francis Fukuyama famously declared an end to history. Things, of course, would...

Angela Merkel Facing Criticism Over Handling of Greek Crisis

The Wall Street Journal | Kelly Chen | Posted 07.12.2015 | World

BERLIN—Europe’s standoff with Greece has thrown German Chancellor Angela Merkel into one of the deepest domestic political crises of her ...

Sunday Roundup

Arianna Huffington | Posted 07.11.2015 | Politics
Arianna Huffington

This week the world watched as Greece continued its fight for economic survival. Armed with the Greek people's resounding "no" vote on yet another round of economy-killing austerity measures, Prime Minister Tsipras went back to the negotiating table with EU negotiators. But the rescue package he presented to the Greek Parliament on Friday was a mixed bag: while it includes fresh loans, it also comes with the kind of destructive elements -- like regressive taxes and pension cuts -- that already tanked the Greek economy. As the 28 EU leaders meet today, it's clear that Greece isn't fighting mindless austerity just for Greece, but also for the rest of Europe. The Greek public's bold stance has galvanized anti-austerity groups across Europe. It's like a proxy fight in a new cold war -- but this one isn't East vs. West, it's the failed past vs. a sustainable future.

On The Street In Athens

Margarita Mavromichalis | Posted 07.12.2015 | World
Margarita Mavromichalis

If you would have expected that, after Sunday's clear vote in favor of the "NO," the two rallies should actually become one, you probably don't know us that well.

There Is No Quick Fix for Greece

Greta Van Susteren | Posted 07.11.2015 | World
Greta Van Susteren

Let's face it, no private investor in his right mind -- even one loaded with money -- would lend any to Greece. Not only is Greece in economic and financial shambles, but also Greece just proved it by defaulting on loans.

Greece Lawmakers Approve Bailout Proposal

Associated Press | Andrew Hart | Posted 07.15.2015 | World

ATHENS, Greece (AP) — Greek lawmakers voted overwhelmingly early Thursday to approve a harsh austerity bill demanded by bailout creditors, desp...

Varoufakis: 'Germany Won't Spare Greek Pain -- It Has An Interest In Breaking Us'

The Guardian | Yanis Varoufakis | Posted 07.10.2015 | World

Greece’s financial drama has dominated the headlines for five years for one reason: the stubborn refusal of our creditors to offer essential debt re...

German Parties Split Over Greek Bailout Proposal

Reuters | Posted 07.10.2015 | World

By Michael Nienaber BERLIN, July 10 (Reuters) - The parties in Angela Merkel's coalition government sent conflicting signals on the latest reform p...