iOS app Android app

Greece Debt Crisis

Economic Crisis Spreads in Spain

Neil Parmar | Posted 01.21.2013 | World
Neil Parmar

Workers across southern Europe took to the streets last week to protest the region's growing unemployment and government spending cuts.

Greece Is at the Crossroads With the IMF in Tow

Elena Panaritis | Posted 01.20.2013 | World
Elena Panaritis

While Greeks need to do more internally to help themselves, the IMF's modus operandi should also change and go back to its basics so that Greece does not become another loan addict, but an economic success story.

Really Depressing Numbers Out of Greece

Mohamed A. El-Erian | Posted 01.08.2013 | Business
Mohamed A. El-Erian

We should feel a mix of great sadness and heightened concern upon seeing the latest unemployment numbers out of Greece.

Eurozone's Hits Sad Milestone

AP | PAN PYLAS | Posted 12.31.2012 | Business

LONDON (AP) — Unemployment in the 17-country eurozone hit a record high of 11.6 percent in September, official figures showed Wednesday, a sign the ...

Corruption Takes Center Stage in Greek-Euro Crisis

Frank Vogl | Posted 12.30.2012 | World
Frank Vogl

It is a long way from the courtroom in Athens that hosts Costas Vaxevanis to the arena of high global finance that Merkel bestrides, but the connection highlights the depth, the intractability and the complexity of the European financial crisis.

Publishing The Names Of Alleged Tax Dodgers Could Get You In Some Trouble

AP | DEREK GATOPOULOS | Posted 12.29.2012 | Business

ATHENS, Greece (AP) — A Greek publisher appeared in court Monday following the publication in his magazine of a list of the names of more than 2,000...

The Frightening Rise Of Greece’s Nazi Party

www.tnr.com | Posted 10.23.2012 | World

GULAM HUSSEIN, a 20-year-old Afghan with a bushy brush cut, hates Greece. He’d leave if he could—even if that meant returning to the imperiled vil...

Country That You Do Not Associate With Euro Really Wants To Adopt It

Reuters | Posted 12.15.2012 | Business

BERLIN (Reuters) - Panama would like to introduce the euro as legal tender alongside the U.S. dollar, President Ricardo Martinelli told German Chancel...

Greece's Biggest Company Says It's Getting The Hell Out Of There

Reuters | Posted 12.11.2012 | Business

* World's No. 2 Coke drinks bottler to seek main London listing * Coca Cola Hellenic is Greece's biggest firm by market value ...

Protests Mark Merkel's First Greece Visit During Crisis

Reuters | Posted 12.08.2012 | World

By Noah Barkin and Karolina Tagaris ATHENS, Oct 9 (Reuters) - German Chancellor Angela Merkel flew to the heart of Europe's debt cris...

7,000 Greek Police To Crack Down Before Merkel Visit

AP | NICHOLAS PAPHITIS | Posted 12.08.2012 | World

ATHENS, Greece — Greek police have increased security and are preparing to close down large sections of the capital Athens to contain protests a...

Greek Protestor: 'We Can't Take It Anymore - We Are Bleeding'

Reuters | Posted 11.26.2012 | Business

* Nearly 70,000 take to streets to protest * First big strike for new government * Transport services disrupted, offices...

'There Will Probably Be No More Money'

Reuters | Posted 11.15.2012 | Business

* IMF's Lagarde says more time for Greece is one option * Ministers, heads of state to decide Athens' fate in October B...

Cautions From Corfu

Debora L. Spar | Posted 11.05.2012 | College
Debora L. Spar

Europe must decide whether to accept the political bargain that was always there -- the loss of national sovereignty implicit in union -- or whether, more dangerously again, to try to go it alone.

Eurozone Insists Greece Accept Six-Day Workweek

Posted 09.04.2012 | Business

Greece’s debt crisis could take a toll on its weekends. In exchange for a second bailout, Greece’s creditors are demanding that the country’...

Who Will Determine Greece's European Future?

Mohamed A. El-Erian | Posted 10.31.2012 | Business
Mohamed A. El-Erian

Greek officials should certainly hope that collective European action will succeed in stabilizing these other two countries' economies. But they should also realize that too great a success could, ironically, map into a higher probability of a Grexit.

Greek Police Crack Down On Immigrants During Crisis

AP | COSTAS KANTOURIS | Posted 08.22.2012 | World

NEA VYSSA, Greece -- Border police jeeps hurtle along hot, dusty tracks past potato fields on their way to the river that marks the Greek-Turkish bord...

Successful Leaders & Global Thinkers Forum

Elizabeth Filippouli | Posted 08.13.2012 | Business
Elizabeth Filippouli

It is not industries that grow leaders; it is societies. It is the education system and, therefore, it is actually the responsibility and duty of various societal stakeholders to nurture competent, intelligent and forward thinking leaders.

The Marketplace Versus Westphalia

Edward Goldberg | Posted 10.13.2012 | Business
Edward Goldberg

Relying on the Fed to safeguard the United States from a global economic crisis during an election year is politically convenient. But it is harmful to our concept of democracy.

Bank Braces For 'Collapse Of The Monetary Union'

Reuters | Posted 10.09.2012 | Business

* Commerzbank Q2 net profit misses forecasts * Says FY loan loss provision target looks increasingly ambitious * Says g...

Why Financial Discipline Won't Save Europe and How Governance Change Might Do the Trick

Michael G. Jacobides | Posted 10.07.2012 | World
Michael G. Jacobides

The European project risks becoming a zero-sum game edging towards disaster, and all seem to be forgetting an important point: The problems of the south are structural rather than fiscal.

The Euro Gets a New "Transmission" From Super Mario

Terry Connelly | Posted 09.30.2012 | World
Terry Connelly

In their view, the ECB has no treaty-based mandate to print money or undertake "quantitative easing" in this way. If that is the case, however, then the euro is a suicide pact, powerless to defend itself against its own demise.

Greek PM Pledges Growth As Recession Deepens

AP | NICHOLAS PAPHITIS | Posted 09.23.2012 | World

ATHENS, Greece — Greece's prime minister warned Tuesday that the country's battered economy is expected to contract by 7 percent this year, but ...

German Official: Greek Euro Exit 'Lost Its Horror'

AP | Posted 09.21.2012 | Business

BERLIN (AP) — Germany's vice chancellor questioned whether Greece can fulfill the conditions for receiving further international aid and said Sunday...

This Is What Racism Looks Like

AP | DEREK GATOPOULOS | Posted 07.19.2012 | World

ATHENS, Greece -- Immigrants living in Greece have been targeted in at least 300 violent attacks in the last three months, local anti-racism campaigne...