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Greece Bailout

Greece or Europe on Trial in Latvia

Nicos E. Devletoglou | Posted 04.17.2015 | World
Nicos E. Devletoglou

More pragmatism including further professional advice in goodwill should hopefully produce a better state of mind all around at the Eurogroup's forthcoming gathering in Riga, Latvia, on 24 April.

Why Europeans Are Trying to Burn Down Their Central Bank

Mark Dawson | Posted 04.13.2015 | World
Mark Dawson

BERLIN -- Great crises often produce enduring images. For the Israeli-Palestinian conflict, this has often been a terrified child cowering behind protective parents; for 9/11 it was brave firemen rushing headlong into collapsing buildings. Last month saw what could become one of the lasting images of Europe's unending crisis: the sight of burning cars and buildings after riots outside the European Central Bank.

Time Out: Let's Stop the Blame Game in Europe

Yanis Varoufakis | Posted 03.30.2015 | World
Yanis Varoufakis

ATHENS -- Five years after the first bailout was issued, Greece remains in crisis. Animosity among Europeans is at an all-time high, with Greeks and Germans, in particular, having descended to the point of moral grandstanding, mutual finger-pointing, and open antagonism. This toxic blame game benefits only Europe's enemies. It has to stop. Only then can Greece -- with the support of its European partners, who share an interest in its economic recovery -- focus on implementing effective reforms and growth-enhancing policies.

Greece Maneuvers To Stave Off Crisis

Reuters | Posted 03.29.2015 | World

(Adds progress of talks in paragraph 8) By Costas Pitas ATHENS, March 28 (Reuters) - Greek Prime Minister Alexis Tsipra...

Greece To Run Out Of Cash By April 20 Without Fresh Aid

Reuters | Posted 03.24.2015 | World

By George Georgiopoulos and Thorsten Severin ATHENS/BERLIN, March 24 (Reuters) - Greece risks running out of cash by April 20 unless it secures fre...

Greece Gets A Bit Of Good News As Fiscal Crisis Approaches

Reuters | Posted 03.20.2015 | World

BRUSSELS, March 20 (Reuters) - Greece promised on Friday to speed up implementation of its extended bailout agreement and send a full list of detail...

EU Leaders Dampen Greek Hopes For Bailout Relief

AP | Posted 03.19.2015 | World

BRUSSELS (AP) — European Union leaders, losing patience with Greece's leftist government, warned Thursday that it needs to improve its balance sheet...

Greece Rejects 'Blackmail' As Cash Runs Low

Reuters | Posted 03.18.2015 | World

* Greece could run out of cash within weeks * New Greek government has annoyed EU partners * Tsipras to visit Berlin nex...

My 'Disruptive' Footnote

Nicos E. Devletoglou | Posted 03.19.2015 | 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?

'Weimar Greece' and the Future of Europe

Cas Mudde | Posted 03.16.2015 | World
Cas Mudde

The Great Recession has not turned Greece into an illiberal democracy, or (more positively formulated) an ill-functioning liberal democracy; it has always been one.

Greek Defense Minister: If Greece Leaves Eurozone, Spain And Italy Would Be Next

Reuters | Posted 03.13.2015 | World

BERLIN, March 14 (Reuters) - If Greece were to leave the eurozone, Spain and Italy would also end up quitting the common currency bloc, Greek Defense ...

Greece Proposes Using Tourist Spies To Crack Down On Tax Evasion

AP | By DEMETRIS NELLAS | Posted 03.07.2015 | World

ATHENS, Greece (AP) — Of all seven reform proposals submitted by Greece to eurozone finance ministers, Reform No. 3 has been most talked about since...

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

Reuters | Posted 02.28.2015 | World

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

Greek Prime Minister Rules Out Third Bailout

AP | Posted 02.27.2015 | World

ATHENS, Greece (AP) — Greece's new radical left government has no intention of seeking another bailout deal from international creditors and will sp...

Krugman: Greece's Deal Is A Victory For Europe

The New York Times | Posted 02.27.2015 | World

Last week, after much drama, the new Greek government reached a deal with its creditors. Earlier this week, the Greeks filled in some details on how t...

I Apologize to the Greek People for Collaborating in This Illusion

Manolis Glezos | Posted 02.24.2015 | World
Manolis Glezos

BRUSSELS -- Some people say that in an agreement you also have to make some concessions. But as a matter of principle, between the oppressor and the oppressed there can be no compromise, as there can be no compromise between the slave and the tyrant. Freedom is the only solution.

Eurozone Ministers Approve Greek Reform To Extend Bailout

AP | Posted 02.24.2015 | World

BRUSSELS (AP) — Greece's creditors in the 19-country eurozone on Tuesday approved a list of reforms Athens proposed to get a 4-month extension to it...

Greece Misses Important Deadline

Posted 02.23.2015 | World

By Angeliki Koutantou and Karolina Tagaris ATHENS, Feb 23 (Reuters) - Greece will present its economic reform plans to the euro zone on Tuesday, a ...

IMF Chief Expresses Optimism For Greece

HuffPost Live | Chris Branch | Posted 02.23.2015 | World

In a HuffPost Live interview Monday, IMF Chief Christine Lagarde told Arianna Huffington that she remains optimistic for Greece's economic future, as ...

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...

Germany Softens Tone Ahead Of Crucial Greek Debt Talks

Reuters | Posted 02.20.2015 | World

By Jan Strupczewski and George Georgiopoulos BRUSSELS/ATHENS, Feb 20 (Reuters) - European Union paymaster Germany softened i...

Greece Sends Bailout Proposal But Germany Not Impressed

AP | DEREK GATOPOULOS | Posted 02.19.2015 | World

ATHENS, Greece (AP) — Greece heads to another round of negotiations Friday after dropping key demands for a bailout settlement, but still faced stif...

Greece To Request Bailout Extension

AP | NICHOLAS PAPHITIS and ELENA BECATOROS | Posted 02.18.2015 | World

ATHENS, Greece (AP) — Finance Minister Yanis Varoufakis sounded cautiously optimistic Wednesday of achieving a last-minute deal with Greece's Europe...

Appeal to Europe's Leaders: Give Greece a Chance

George Papandreou | Posted 04.19.2015 | World
George Papandreou

The fiscal adjustment we have accomplished was done much less through reform, i.e. reorganizing the management of our country, public sector and economy, and more through cuts and taxes. However this has placed an inordinate burden on the middle class, it has created an army of young unemployed and many households are under the poverty line.

Greece Confident Of Agreement Ahead Of Eurozone Negotiations

Reuters | Posted 04.17.2015 | World

By Jeremy Gaunt and Karolina Tagaris ATHENS, Feb 15 (Reuters) - Greece said on Sunday it was confident of reaching agreement in negoti...