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Greece Bailout

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 governmen...

Better Late...

Pavlos Tsimas | Posted 08.21.2015 | 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.

A Late-August Dispatch From Athens

David C. Wittig | Posted 08.20.2015 | World
David C. Wittig

Perhaps the worst news for the Greeks is that the Germans have gone "radio silent." When the Germans were beating up the Greeks daily in the press, the Greeks were getting sympathy ... no more. Greece is on its own.

Greece's Tsipras Looks Undecided On Early Elections Amid Party Rebellion

Reuters | Nick Robins-Early | Posted 08.19.2015 | World

ATHENS, Aug 19 (Reuters) - Greek Prime Minister Alexis Tsipras has yet to make up his mind on calling early elections, a government minister said on ...

5 Foreigners Explain Why They're Staying In Greece Despite The Crisis

By Alexis Gagglias & Danae Leivada | Nick Robins-Early | Posted 08.18.2015 | World

The Greek debt crisis has exposed deep political and economic divides within Europe. Plenty of blame for Greece's economic decline has been hurled bac...

The End Of Magical Thinking

Pavlos Tsimas | Posted 08.15.2015 | World
Pavlos Tsimas

Deliverance or calamity, recession-oriented or development-oriented, the "best possible agreement," or the "worst of them all," the new agreement between Athens and its creditors still has an uncertain fate and even more uncertain consequences.

Greece's Euro Partners Approve Billions In New Bailout Loans

AP | Charlotte Alfred | Posted 08.14.2015 | World

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Greece And Creditors Clinch Bailout Deal After Marathon Talks

Reuters | Nick Robins-Early | Posted 08.11.2015 | World

ATHENS, Aug 11 (Reuters) - Greece and its international lenders reached an 85 billion euro bailout agreement on Tuesday after nailing down the terms ...

Greece, Lenders Clinch Multi-Billion Euro Bailout Deal

Reuters | Jade Walker | Posted 08.11.2015 | World

ATHENS, Aug 11 (Reuters) - Greece and its international lenders reached a multi-billion euro bailout agreement on Tuesday after talking through the n...

Greece Bailout Draft Boosts Hopes For Deal Within Days

Reuters | Andrew Hart | Posted 08.08.2015 | World

By George Georgiopoulos ATHENS, Aug 8 (Reuters) - Greek government officials discussed a draft of the country's third bailout agreement drawn up on t...

The Latest From Athens

David C. Wittig | Posted 08.04.2015 | World
David C. Wittig

It is impossible for Greek businesses to get credit outside of Greece. The amount of money that may leave the country to buy essential goods and services is severely limited. It will be no surprise when GDP shrinks in the third quarter and when unemployment spikes.

From Greek to Euro Crisis: How German Ideology Is Destroying Europe's Future

Jakob von Uexkull | Posted 08.03.2015 | World
Jakob von Uexkull

The EU must and can settle internal deficits and surpluses, as long as these remain within the euro zone. Therefore, a better integration of economic and fiscal policies and a significant increase in economic transfers within the euro zone are needed.

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...