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Greece Debt Crisis

Finance Officials: Threats To Global Economy On The Horizon

AP | MARTIN CRUTSINGER and HARRY DUNPHY | Posted 04.18.2015 | Business

WASHINGTON (AP) — World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the...

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.

Ryan Grim

Greek Finance Minister Hints At Debt Default

HuffingtonPost.com | Ryan Grim | Posted 04.16.2015 | Politics

WASHINGTON -- If hard-line backers of austerity in Europe don't budge, Greece will have no choice but to default on its upcoming debt payments, Greek ...

Why Reform Will Fail in Greece

Theodoros Arapis | Posted 04.14.2015 | World
Theodoros Arapis

Five years into Greece's fiscal emergency, the Troika is justifiably skeptical about this week's make-or-break negotiations with Athens. Its leaders have heard these commitments before. For Syriza, this will be its most important test.

Collateral Financial and Economic Damage Debased

Nicos E. Devletoglou | Posted 04.07.2015 | World
Nicos E. Devletoglou

The mind boggles. Because no one seems willing to appreciate, whether in Berlin, Brussels or Athens, that the situation could easily be normalized at this stage if the Greek sovereign debt were accordingly adjusted in real terms to compensate for such "unintended" damage.

Greece To Make IMF Loan Payment

Reuters | Posted 04.05.2015 | World

WASHINGTON, April 5 (Reuters) - Greek Finance Minister Yanis Varoufakis said on Sunday that Greece "intends to meet all obligations to all its credito...

Help Greece, but Forget About Reparations From Germany

Alexander Görlach | Posted 03.23.2015 | World
Alexander Görlach

BERLIN -- Germany bears responsibility for Greece. But that has nothing to do with World War II.

Ownership of the Issue in the Age of the Middle Finger

Cherno Jobatey | Posted 03.24.2015 | World
Cherno Jobatey

The Greek Finance Minister and "the finger"... Who should you believe? German public television ARD? Their famous Host Günther Jauch? Bild newspaper? Or is it all just a big fake, as Varoufakis himself claims?

Greek Debt: Do the Right Thing

Dimitri B. Papadimitriou | Posted 03.18.2015 | World
Dimitri B. Papadimitriou

In Greece, any meaningful change in debt terms needs to be part of a wider plan that deals with the underlying structural imbalances of the eurozone, just as a comprehensive plan was necessary for post-World War II European prosperity.

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...

Invisible Invasion of Greece

Evaggelos Vallianatos | Posted 03.17.2015 | Politics
Evaggelos Vallianatos

I would hope civilized people everywhere rise in support of Greece. This is, after all, the mother of science and civilization. Europe and America need to abandon their narrow dollar vision. Help Greece to recover. And, above all, tell the Turks to end their offensive behavior towards Greece.

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?

Europe's Woes and the World's Poor

Marcelo Giugale | Posted 03.01.2015 | World
Marcelo Giugale

What does the sudden appreciation of the Swiss franc mean for the Eurozone? Will Russia's financial distress spill over to its neighbors? How those questions are answered will affect some of the world's richest countries -- the likes of France, Germany, and Italy. Usually ignored, it will also affect some of the poorest.

Greek Innovation in a Time of Crisis

Marisa Churchill | Posted 02.24.2015 | World
Marisa Churchill

While the Greek economy is in the doldrums, many new startups have emerged within Greece; as the people look for ways to take their future back into their own hands.

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...

Grexit for the Good of the Eurozone

Russell Green | Posted 02.23.2015 | World
Russell Green

If the Greeks leave the Eurozone, it would be awful. Both Greece and the remainder of the euro area would experience damaging volatility and uncertainty. But "Grexit" does not have to be all bad.

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 ...

'Grexit' Must Die, Now and Forever!

Justine Frangouli-Argyris | Posted 04.21.2015 | Politics
Justine Frangouli-Argyris

The new era of Greece in the European Union will have to bring equality, stability and fairness in its relationship with its partners. The country has spent far too much capital to remain inside the Eurozone and owes it to itself, and its citizens, to conclude a program that will provide an appropriate balance of budgetary stability and development.

The Fate of Europe and the World May Rest in Greece

Sen. Bernie Sanders | Posted 04.19.2015 | Politics
Sen. Bernie Sanders

The new Greek government needs support in establishing pro-growth policies which create jobs, expand their economy and enable them to pay down their debts. Demanding that creditors are paid before any of that is allowed to happen may come at a very heavy price for more than just the people of Greece.

Who's Extorting Whom? It's All About Coercion

Mark Weisbrot | Posted 04.19.2015 | World
Mark Weisbrot

The Economist's Feb. 6 cover displayed the Venus de Milo statue pointing a revolver, with the headline "Go ahead, Angela, make my day." In the editors' upside-down world, Greece is threatening Europe, or at least Germany. Really?

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...

Greek PM Tsipras Lays Out His Case As The Clock Ticks On An EU Bailout

Reuters | Posted 04.14.2015 | World

By Alastair Macdonald and Foo Yun Chee BRUSSELS, Feb 12 (Reuters) - Greece's radical new prime minister Alexis Tsipras was in Brussels...

Greece and Europe: The Need for a Political Response

Tassos Giannitsis | Posted 04.11.2015 | World
Tassos Giannitsis

Given all current complex problems characterizing the European landscape, Greece must abandon many myths and stereotypes, accept that the country itself is the source of many significant problems and that it should mobilize its own internal forces. Europe on the other hand should also admit to its mistakes.

Greece's New Prime Minister Rejects Bailout, Setting Up Clash With The EU

Reuters | Posted 04.10.2015 | World

By Lefteris Papadimas and Renee Maltezou ATHENS, Feb 8 (Reuters) - Leftist Prime Minister Alexis Tsipras laid out plans on Sunday to d...

All We Are Saying, Is Give Greece a Chance

Ambassador Gianna Angelopoulos | Posted 04.09.2015 | World
Ambassador Gianna Angelopoulos

The Greek people voted overwhelmingly for a new start. But Prime Minister Tsipras cannot deliver that new start alone. He needs help from World leaders and Europe's other leaders and the involved Eurozone officials, easing up the strict -- non-workable rules imposed -- on the Greek people.