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Greece Bailout

Greece Has a Deal ... of Sorts

David C. Wittig | Posted 06.02.2016 | World
David C. Wittig

Greece finally passed its long awaited package of reforms, which follows the usual pattern. The Parliament was all too happy to raise taxes and social security contributions, but pension reform and the sale of NPLs is much less clear.

5 Greeks Detail The Biting Cost Of Austerity

HuffPost Greece | Sara Elkamel | Posted 05.27.2016 | World

Greece’s parliament this month passed yet another round of austerity measures deemed necessary for it to continue receiving international bailout fu...

The Athens Tram

Thanos Catsambas | Posted 05.09.2016 | World
Thanos Catsambas

The modern Athens tram was inaugurated in July 2004, a few weeks before the Athens Summer Olympics. It was a controversial project, because it took away parking spaces that were already sorely needed, split various neighborhoods in half, and did not improve the commuters' prospects in Athens and its suburbs.

Yanis Varoufakis' Awkward, Terrible Yet Valid Criticism Of Europe

Daily Pnut | Posted 05.09.2016 | Politics
Daily Pnut

I've spent a great deal of time over the past year observing (and playing backseat driver to) the Greek Crisis. So when Greece's polarizing former fin...

There Is No Settlement -- Part ?

David C. Wittig | Posted 05.04.2016 | World
David C. Wittig

There was no settlement between the EU and Greece before Greek Easter as promised. I wonder how many more times that headline will appear.

Nothing Has Happened

David C. Wittig | Posted 04.08.2016 | World
David C. Wittig

No, you did not miss my last article; I have not written since January 24, 2016. And no, nothing has happened in Greece since then ... no pension reform, no sales of NPLs, nothing. And, nothing is likely to happen for the foreseeable future.

IMF Tries To Put Out Fire From Bombshell Greece Leak

The Huffington Post | Daniel Marans | Posted 04.03.2016 | World

The International Monetary Fund’s managing director told Greek prime minister Alexis Tsipras on Sunday that the IMF remains committed to good faith ...

Reforming Media: Greece's Less Known Crisis

Dimitris Maris | Posted 03.07.2016 | Business
Dimitris Maris

It is time for us to begin capitalizing on the opportunity and not to let the crisis go to waste. We need to render Greece a creative policy and business laboratory in order to restore growth and put our people back to work.

An Optimist Sees Opportunity

David C. Wittig | Posted 01.24.2016 | World
David C. Wittig

Each New Year seems to bring about a renewed optimism (unfortunately that optimism has already disappeared on Wall Street). Even I am beginning 2016 with the Greece glass half full. The weather is beautiful.

Greeks From All Walks Of Life Unite Against Austerity Measures

The Huffington Post | Alexandra Ma | Posted 01.21.2016 | World

Farmers in tractors, lawyers in ties, engineers in hard hats and hundreds of other workers across industries united in massive protests around Greece ...

A Photographer's Journey To Capture Greece During The Crisis

HuffPost Greece | Alexandra Ma | Posted 01.14.2016 | World

ATHENS, Greece - On April 23, 2010, Greece's then-Prime Minister George Papandreou addressed the world from the small Greek island of Kastelorizo. Pap...

You Can't Argue With a Sick Mind ...

David C. Wittig | Posted 12.29.2015 | World
David C. Wittig

To understand what is going on in Greece, imagine Bernie Sanders fighting to pass a significant reduction in social security payments in the U.S. in order to continue to prop up a host of insolvent banks.

It Only Took Time 29 Years To Name Another Woman Person Of The Year

The Huffington Post | Willa Frej | Posted 12.09.2015 | Media

Time magazine has named German Chancellor Angela Merkel as its Person of the Year, citing her handling of the Greece debt crisis and refugee influx in...

Songs of the Doomed

David C. Wittig | Posted 11.23.2015 | World
David C. Wittig

Greece is being starved to death by a lack of capital. End the starvation, and the economy will turn around very quickly. In this case, starvation is the NPLs. The non-performing loans are strangling the Greek economy.

Europe Disingenuously Ignores Human Rights in Greece

Nicos E. Devletoglou | Posted 10.30.2015 | World
Nicos E. Devletoglou

Unless these frightening measures are eased, a social upheaval, triggered by exponential rises in unemployment, will continue undermining for the foreseeable future the entire spectrum of human rights in Greece.

Yet Another Deadline in Athens

David C. Wittig | Posted 10.09.2015 | World
David C. Wittig

The situation in Greece is approaching a nuclear meltdown. The economy is in a death spiral. It is hard to imagine how Greece can avoid a haircut for depositors.

Standing with Attica for the Future of Greece

Rena Dourou | Posted 10.06.2015 | World
Rena Dourou

The case of Greece is worth standing for: due to its geopolitical burden in troubled times but also due to the fact that Greece belongs to the same community of countries sharing the values of democracy, liberty, social justice.

Europe's New Economic Divide: A key axis for Europe: free-market advocates in Western Europe ally with those in former communist countries

European Horizons | Posted 09.23.2015 | Politics
European Horizons

By Chris Miller, YaleGlobal, 27 August 2015 New East-West divide? An established welfare state like France, whose President François Hollande is see...

The Greece Polls Were Wrong Again

David C. Wittig | Posted 09.21.2015 | World
David C. Wittig

Syriza remains almost as popular, despite a confusing message. Is Syriza in favor of the agreement with the EU? They say, "Yes," but they recommended a "No" vote in the referendum. They seem to be doing very little to comply with the EU agreement.

Former Greece PM: Greeks Won’t Tolerate A Government That Destroys Their Sacrifices

The WorldPost | Farah_Mohamed | Posted 09.21.2015 | World

As Greece prepares to head to the polls for the third time this year, The WorldPost spoke with former Greek Prime Minister George Papandreou about how...

Greece's Election in the Time of Consent

Pavlos Tsimas | Posted 09.17.2015 | World
Pavlos Tsimas

Whatever the electoral result, one may hope that the next government will at least be able to converse with the opposition, whoever ends up being in the former or latter position.

Greek Election Day Minus 4

David C. Wittig | Posted 09.17.2015 | World
David C. Wittig

Athens is eerily quiet. The restaurants are half-full. If it were not for a few lingering tourists, the restaurants would be empty. Even the Nike store in Kolonaki closed in the last two weeks (in the interest of full disclosure the store was not owed by Nike, it was operated by Folli Follie).

Tsipras Plays Down Fears Of A Fractured Greece After Election

Reuters | Nick Robins-Early | Posted 09.06.2015 | World

ATHENS, Sept 6 (Reuters) - Former Greek Prime Minister Alexis Tsipras played down fears on Sunday that a snap election in two weeks would produce a fr...

Anti-Bailout Greek Leftist Party Gets Mandate To Form Government

Reuters | Nick Robins-Early | Posted 08.24.2015 | World

ATHENS, Aug 24 (Reuters) - A radical leftist opposed to Greece's new bailout deal won a presidential mandate on Monday to try to form a new government...

Better Late...

Pavlos Tsimas | Posted 08.21.2016 | World
Pavlos Tsimas

The move by Tsipras to call for elections, despite the problems it creates and the political lapses it exposes, has an indisputably positive dimension.