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Greece Debt Crisis

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...

Tsipras 2.0

Pavlos Tsimas | Posted 09.22.2015 | World
Pavlos Tsimas

Alexis Tsipras is now alone, without the power of magic, he must prove that, apart from a risk-taking gambler and charismatic claimant of elections, he can also be an effective manager of a government that has 10 months to perform a miracle.

Meet TINA, Greece's New Prime Minister

Sotiris Mitralexis | Posted 09.21.2015 | World
Sotiris Mitralexis

After his humiliating capitulation in July, PM Alexis Tsipras didn't resort to merely admitting a defeat, but turned his profound U-turn into an ideology.

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.

Greek Election: Five Key Takeaways

Cas Mudde | Posted 09.20.2015 | World
Cas Mudde

This was the last election that Tsipras could win purely on the basis of the failure of the other candidates. The next time, be it in one year or in four, voters will judge him, rather than his opponents. Is Tsipras ready for this?

Tsipras' Syriza Party Wins Greek Election

The Huffington Post | Nick Robins-Early | Posted 09.21.2015 | World

Greece's Syriza party is set to win a convincing victory in the national election, as the last of the votes are still being tallied. The projected re...

Greek Voters Cast Their Ballots In The Second Election Of 2015

The Huffington Post | Nick Robins-Early | Posted 09.20.2015 | World

Greek voters may be feeling déjà vu Sunday as they head to the polls to cast their ballots in the country's second election and third n...

The Terror of Political Cost

Spyros Lykoudis | Posted 09.17.2015 | World
Spyros Lykoudis

Cooperative governments that came about in the last years have been a product of necessity, political arithmetic, not of conviction to better government and consent to a nation-wide understanding so as to get through the evident national dead ends, to end national decay.

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).

When History Elects a Government

Konstantina Karakosta | Posted 09.14.2015 | World
Konstantina Karakosta

On April 23rd, 2010, Prime Minister George Papandreou issued an announcement: "It is absolutely necessary that we make a formal request to our partners to activate the support mechanism we and the other members of the EU have created together."

Help the Refugees With Debt for Dignity Swaps

Lorelei Kelly | Posted 09.09.2015 | World
Lorelei Kelly

Spurred on by the increasingly dire human and political costs of inadequate response, European leaders will gather in mid-September to address the refugee crisis. They should look to the environmental conservation movement to find innovative policy ideas.

Can a Singer Do Greek Politics Better?

Maria Paravantes | Posted 08.31.2015 | World
Maria Paravantes

I can only wonder whether instead, we need people who are good managers more so than those who know how to play the game of politics -- i.e. kinda lying, kinda negotiating, kinda compromising, kinda forgetting morals in the process.

Weekend Roundup: Refugees and Market Woes Put World on Edge

Nathan Gardels | Posted 08.28.2015 | World
Nathan Gardels

The undertow of China's slackening economy and the mounting tide of refugees pushing through border after border in Europe put the world on edge this week. After spiraling down, volatile stock markets rallied back, for now. . . Writing from Beijing, Fred Hu argues that what we are witnessing is China's shift toward the "new normal" of a slower growth paradigm focused on domestic consumption instead of investment and export-led growth. He expresses confidence that his country will weather the storm, writing, "it is a loser's game to bet against China's leaders." Nobel laureate Michael Spence locates the culprit of market volatility in the flood of funds unleashed by low interest rates looking for higher returns, which has led to the gap between a financial bubble and the real economy now undergoing a correction. (continued)

Weekend Roundup: Fate of Iran Deal Twists in the Wind

Nathan Gardels | Posted 08.21.2015 | World
Nathan Gardels

In the dog days of late summer in the northern hemisphere, the fate of the deal that would curb Iran's capacity to produce nuclear weapons twists in the wind. The ongoing uncertainty has revealed just how hard it is for U.S. President Barack Obama to establish his authority over the U.S. Congress and America's allies. The robust public debate over the controversial deal in Iran also reveals it is a much more open society than its Arab counterparts in the region. Seyed Hossein Mousavian, a former head of the foreign relations committee of Iran's Supreme National Security Council, envisions a new era of relations between Iran and America and calls on the U.S. Congress not to make an "historic blunder" by rejecting the deal. Iranian philosopher Ramin Jahanbegloo argues that "the habits of hope in Iranian culture" are behind the public embrace of the agreement. (continued)

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.

Syriza Rebels Split From Tsipras As Greece Heads To New Election

Reuters | Charlotte Alfred | Posted 08.21.2015 | World

ATHENS, Aug 21 (Reuters) -- Rebels angered by Greece's international bailout walked out of the leftist Syriza party on Friday, formalizing a...

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 Receives First Bailout Loans And Avoids Default

AP | Charlotte Alfred | Posted 08.20.2015 | World

ATHENS, Greece (AP) -- Greece received the first 13 billion euros ($14.5 billion) from its new bailout package on Thursday, allowing it to pay a debt...

Greece Set To Receive Bailout Funds Before Debt Deadline

AP | Charlotte Alfred | Posted 08.19.2015 | World

BERLIN (AP) -- European bailout fund supervisors on Wednesday approved the release of billions of euros to help rebuild Greece's devastated ...

Greek PM Tsipras Likely To Call Confidence Vote After Party Rebellion

Reuters | Nick Robins-Early | Posted 08.17.2015 | World

ATHENS, Aug 17 (Reuters) - The Greek government appears likely to call a confidence vote following a rebellion among lawmakers from the ruling Syriza...

Germany's Merkel To Face Down Party Rebels In Greek Bailout Vote

Reuters | Charlotte Alfred | Posted 08.15.2015 | World

BERLIN, Aug 15 (Reuters) - In a major test of her authority, Chancellor Angela Merkel will ask skeptical German lawmakers to back an 86 billion euro ...

Greece's Ruling Syriza Party Edges Towards A Split

Reuters | Nick Robins-Early | Posted 08.13.2015 | World

ATHENS, Aug 13 (Reuters) - Greek Prime Minister Alexis Tsipras's Syriza party looked set to split after the leader of its far-left faction called on ...

26 Crazy Ideas To Help Greece

Nicole Neroulias Gupte | Posted 08.14.2015 | Impact
Nicole Neroulias Gupte

Have some empathy for the struggling families that inevitably bear the brunt of economic disasters, despite the bankers and lawmakers who continue to encourage and profit from irresponsible behavior.

Greece And Creditors In Final Push For Bailout

Reuters | Nick Robins-Early | Posted 08.10.2015 | World

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Greece Hopes To Conclude Bailout Talks This Week

Reuters | Nick Robins-Early | Posted 08.10.2015 | World

ATHENS, Aug 9 (Reuters) - Greece hopes to conclude negotiations with international creditors by early Tuesday at the latest, a Greek official said as...