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Greece Debt Crisis

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...

Weekend Roundup: Singapore at 50 Shows Why Governance Matters

Nathan Gardels | Posted 08.08.2015 | World
Nathan Gardels

While many countries in what used to be called the Third World remain stuck in the same poverty and ethnic strife that characterized them in the immediate post-colonial era, Singapore stands out for its rapid rise to prosperity and peaceful embrace of diversity. From the day it became independent on August 9, 1965 to 2014, Singapore's GDP per capita has soared an astonishing 3700 percent. Above all, Singapore's lesson for the world is that governance matters. (continued)

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.

Tsipras and Hamlet

Elias Kulukundis | Posted 08.03.2015 | World
Elias Kulukundis

Tsipras now talks of a party-wide referendum on the Eurozone's demands which may be a prelude to elections in September. We will see what the results will be, but it appears that whatever the pulse of the public may be at any given time, the long-range judgment of history should be hard on the Prime Minister.

Greek Stocks Plummet After Five-Week Shutdown

Reuters | Nick Robins-Early | Posted 08.03.2015 | World

ATHENS, Aug 3 (Reuters) - Greece's stock market closed with heavy losses on Monday after a five-week shutdown brought on by fears the countr...

Weekend Roundup: Turkey Enters the Syrian Quagmire to Fight ISIS -- And the Kurds

Nathan Gardels | Posted 08.01.2015 | World
Nathan Gardels

The Syrian quagmire, in which both the Islamic State and the Kurds have been fighting for territory, has now sucked in Turkey. Last week's ISIS attack on Turkish soil, Kurdish gains along the Syrian border and the surprise advance of the secular and liberal pro-Kurdish People's Democratic Party in recent elections -- which clipped the parliamentary majority of President Erdoğan's neo-Islamist ruling party -- have conjoined into an explosive state of affairs. To boot, NATO, which is obliged to defend a member state under siege, has now been drawn into a three-way fray in which Turkey is lashing out at both the Kurdish resistance and ISIS. Writing from Istanbul, Behlül Özkan ominously foresees "Armageddon" descending on the region. Mustafa Akyol, also writing from the shores of the Bosphorus, argues that Erdoğan's assault on the Kurds in tandem with ISIS is aimed at bolstering his nationalist credentials at home in order to block the HDP, which stands in the way of his autocratic vision. (continued)

Puerto Rico's Symbolic Power

Maritza Stanchich, Ph.D. | Posted 08.03.2015 | Politics
Maritza Stanchich, Ph.D.

Given Puerto Rico's heightened media visibility, no doubt the world now has its eyes on how the United States will respond to the needs of the island, one of the last colonies in the world.

Greece's Current High-Wire Act

Evangelos Venizelos | Posted 08.02.2015 | World
Evangelos Venizelos

SYRIZA, which holds the government and first party of this House, must finally say, as soon as is it possible, what its clear and definitive position is as to the identity and future of the country.

The Dangers of Political Moralizing

Paul W. Kahn | Posted 07.30.2015 | Politics
Paul W. Kahn

To ask the left to give up its moralizing rhetoric is to ask a lot, for there is genuine anger about the victims of today's neoliberal order. But a politics driven by morality will look like the Occupy Movement here and Syriza in Greece. Both tried to make politics into a moral battle of good and evil; both lost the moral battles they brought on.

Wars of Attrition

Kostas Kostis | Posted 07.30.2015 | World
Kostas Kostis

The circumstances we have experienced in these past several years in Greece are not unprecedented. We can find such situations in many other countries as well, and as examples I could quickly mention the former socialist countries, Europe's periphery countries, and countries in Latin America and Northeast Asia.

Greece's Trump Card - NATO ?

Elena Ulansky | Posted 07.30.2015 | World
Elena Ulansky

The headlines on the talks between Brussels and Athens on the 86 billion euro bailout of Greece seem to indicate nothing but problems. It appears that even before talks can begin, Greece is being asked to enact further laws.

Solarizing Greece Is a Way Out of the Crisis

Kumi Naidoo | Posted 07.30.2015 | Green
Kumi Naidoo

With energy poverty emerging as one of the most dramatic symptoms of the recession -- six out of every 10 households are struggling to pay their energy bills -- it is high time that Greece seized upon its greatest and still largely unexploited asset: the Sun.

Greece's Prime Minister Tries To Quell Party Rebellion

Reuters | Nick Robins-Early | Posted 07.30.2015 | World

Greece's ruling Syriza movement backed a call on Thursday from Prime Minister Alexis Tsipras to hold an emergency party congress as he seeks to asser...

Greece's Tspiras Says Won't Go Beyond Agreed Reforms

Reuters | Charlotte Alfred | Posted 07.29.2015 | World

Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not im...

War Of Nerves Marks Newest Round Of Greek Debt Talks

Reuters | Eline Gordts | Posted 07.28.2015 | World

  ATHENS/BRUSSELS, July 28 (Reuters) - Conflicting statements and denials flew between Athens and Brussels on Tuesday in a war of nerves highlig...

Greece Moves Forward In Bailout Talks As Government Comes Under Fire

AP | Nick Robins-Early | Posted 07.28.2015 | World

ATHENS, Greece (AP) — Greece pushed ahead with talks on a new rescue loan Tuesday, but its government came under increasing pressure over clai...

Varoufakis Had Secret Plans For A Parallel Greek Payment System

The Huffington Post | Nick Robins-Early | Posted 07.27.2015 | World

Greece's debt saga took an unexpected turn on Sunday, when Greek media reported that former finance minister Yanis Varoufakis had surreptitiously mad...

Germany Wants A Strong Greece

Peter Wittig | Posted 07.26.2015 | World
Peter Wittig

There has been a lot of talk about who has won and who has lost in the recent negotiations on the Greek debt crisis, about who is strong and who is weak in Europe, who is cruel to whom and who has dictated what. This whole discussion, in my mind, misses the point. Europe, especially Germany, wants a strong Greece.