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Greece Debt Crisis

Greece Is in a Literal State of Unrest, and the Future Looks Bleak

Van Winkle's | Posted 07.15.2015 | World
Van Winkle's

When an economy tanks, the public panics about general instability and possible layoffs. People who report feeling insecure about their job prospects, research has shown, also report worse psychological well-being.

Greece: Here is Why #ThisIsNotACoup

Andreas Souvaliotis | Posted 07.14.2015 | World
Andreas Souvaliotis

Greece didn't get into this trouble because its European partners took advantage of it. It went bankrupt because, after more than a generation as a member of a rules-driven, respect-based economic community, it never figured out how to play fair, fit in and build real value.

The Real Reasons France's President Wanted To Keep Greece In Eurozone

HuffPost France | Alexandre Boudet | Posted 07.14.2015 | World

Before the agreement between Greece and its creditors was even official, European centrists' leader Guy Verhofstadt paid tribute to French Presid...

Grexit and Turkey: A Serious Proposal

Tom Ginsburg | Posted 07.14.2015 | World
Tom Ginsburg

It is hard to see why Turkey would take on the task of paying off European taxpayers who are the ultimate creditors of Greece. But it is surely worth exploring whether the two economies might together form a more optimally sized currency union than the current one Greece is stuck in.

Alexis Tsipras in the Heart of the State

Nikos Agouros | Posted 07.14.2015 | World
Nikos Agouros

A strategically deficient fixation on revolutionary rhetoric and the simultaneous belief in a new universal "autonomy" of the state was defeated in the face of a reality that requires modern analytical and problem-solving tools as well as a new theory for the future.

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...

Understanding the Greek Financial Crisis

Tanya Nadine Khan | Posted 07.10.2015 | Teen
Tanya Nadine Khan

After last week's referendum, all eyes have been on Greece. For many of us, it is quite difficult to understand how the Greek Financial Crisis has happened, and how it affects the people of Greece, and those countries who use the Euro. Here are the basics of the situation.

Howard Fineman

Planet Politics: Germany Takes The Lead

HuffingtonPost.com | Howard Fineman | Posted 07.13.2015 | Politics

WASHINGTON -- Germany finally is admitting the obvious. Two generations and 70 years after a war that left it divided and in ruins, Germany is onc...

The Greece Bailout: A Dangerous Game of Jenga

Sara Zervos | Posted 07.14.2015 | World
Sara Zervos

Today's headlines regarding the latest Greek bailout do not bode well for political stability in Europe, and the future of the Eurozone. The nature of the bailout can also affect the rest of us around the world. To understand why, we need to go back to the beginning.

The Greek Agreement Is Full of Loopholes, Coercive and Amounts to $ 100 billion

Georges Ugeux | Posted 07.13.2015 | World
Georges Ugeux

It might not be as easy as it looks. I am expecting a serious fight at the Bundestag, the German Parliament. As for the Greek Parliament, will it indeed change the procedural code by July 22, approve the various changes of VAT and others?

Greece's Debt, a New Monetary System, and the Climate Negotiations in Paris

Mike Sandler | Posted 07.13.2015 | World
Mike Sandler

The amount of debt forgiveness that Greece is able to obtain may be an indicator for how negotiations will go for the world's ecological debts in Paris.

Economists React To Greece's New Debt Deal

The Huffington Post | Nick Robins-Early | Posted 07.13.2015 | World

After months of contentious talks and a weekend filled with hostile all-night negotiations, Greece's quest to secure a debt bailout deal looks to fina...

France vs. Germany

Mauro Guillén | Posted 07.13.2015 | World
Mauro Guillén

For France, European integration is a goal to be achieved regardless of the cost. For Germany, although European unity figures prominently on its agenda, the speed and depth of European integration must be analyzed pragmatically, weighing the benefits and the costs.

On The 'Greek Question'

Rena Dourou | Posted 07.12.2015 | World
Rena Dourou

The weakening of a country in this specific area and under these specific circumstances would constitute not just a failure but a choice with grave strategic consequences.

The Crisis Is About The Euro, Not Just Greece

David Paul | Posted 07.12.2015 | Politics
David Paul

The underlying question raised by the Greek financial crisis has been largely ignored, which is whether Greek adoption of the euro -- or even the creation of the Eurozone at all -- was a bad idea to begin with, and one that will not get better with time. This is the question that Germany must fear.

Sunday Roundup

Arianna Huffington | Posted 07.11.2015 | Politics
Arianna Huffington

This week the world watched as Greece continued its fight for economic survival. Armed with the Greek people's resounding "no" vote on yet another round of economy-killing austerity measures, Prime Minister Tsipras went back to the negotiating table with EU negotiators. But the rescue package he presented to the Greek Parliament on Friday was a mixed bag: while it includes fresh loans, it also comes with the kind of destructive elements -- like regressive taxes and pension cuts -- that already tanked the Greek economy. As the 28 EU leaders meet today, it's clear that Greece isn't fighting mindless austerity just for Greece, but also for the rest of Europe. The Greek public's bold stance has galvanized anti-austerity groups across Europe. It's like a proxy fight in a new cold war -- but this one isn't East vs. West, it's the failed past vs. a sustainable future.

On The Street In Athens

Margarita Mavromichalis | Posted 07.12.2015 | World
Margarita Mavromichalis

If you would have expected that, after Sunday's clear vote in favor of the "NO," the two rallies should actually become one, you probably don't know us that well.

Understanding the Greece Crisis, in Family Terms

Sara Zervos | Posted 07.11.2015 | World
Sara Zervos

Our family dynamics can give insight into the dilemmas the various constituents face within the European situation as pertaining to Greece.

There Is No Quick Fix for Greece

Greta Van Susteren | Posted 07.11.2015 | World
Greta Van Susteren

Let's face it, no private investor in his right mind -- even one loaded with money -- would lend any to Greece. Not only is Greece in economic and financial shambles, but also Greece just proved it by defaulting on loans.

Live Updates On Greece's Debt Crisis

Posted 07.11.2015 | World

The Greek parliament backed the government's reform proposal to European leaders early Saturday, despite its harsh austerity provisions. Eurozone lead...

Greece Heads To Bailout Talks To Persuade Creditors Over Reform Proposal

AP | RAF CASERT and JOHN-THOR DAHLBURG | Posted 07.12.2015 | World

BRUSSELS (AP) -- Bailout discussions between the Greek finance minister and his skeptical counterparts in the 19-country eurozone will resume Sunday a...

Weekend Roundup: China's Equity Bubble and Greece's Debt Hole Rattle the World

Nathan Gardels | Posted 07.10.2015 | World
Nathan Gardels

The world was rattled this week by the busted stock market bubble in China and by the "no" vote in Greece last Sunday against austerity policies aimed at reducing the country's unpayable debt. Yet, by week's end, Prime Minister Alexis Tsipras appeared to cave in and say "yes" to the very austerity measures voters had rejected in return for a fresh $59 billion bailout package. After $3.2 trillion of value was wiped out by midweek, the uncharacteristically uncertain hand of the Chinese authorities intervened to stop the crash in a stock market they had cheered to ever greater heights over previous months. Meanwhile, the leaders of the BRICS countries met in Russia to bolster plans for their New Development Bank -- which rivals the World Bank -- and declared they would coordinate policies to keep their economies stable amid all the turmoil. Mohamed El-Erian, one of the most influential voices in the global bond market, writes that the link between the Chinese and Greek crises is the stimulative policies of central banks around the world that have led to a debt buildup and created a gap between the inflated value of financial assets and the real economy. (continued)

Greeks Do Not Want to be Pitied

Elena Paravantes RD | Posted 07.10.2015 | World
Elena Paravantes RD

Lately there have been several well-meaning articles inviting and urging readers to help Greece by buying Greek products or planning a vacation in Greece. My answer is this: We would rather you visit Greece and buy Greek products because you like them, not out of pity.

Varoufakis: 'Germany Won't Spare Greek Pain -- It Has An Interest In Breaking Us'

The Guardian | Yanis Varoufakis | Posted 07.10.2015 | World

Greece’s financial drama has dominated the headlines for five years for one reason: the stubborn refusal of our creditors to offer essential debt re...

The App That's Doing Its Part To Help People During The Greek Crisis

HuffPost Greece | Despina Trivoli | Posted 07.10.2015 | World

There has been a lot of discussion in the past few days about how technology can help the Greek economy, which is laboring under anxiety and funds sho...