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Greece Debt Crisis

Is Travel to Greece About to Get Cheaper? | Posted 07.10.2015 | Travel

The euro crisis has many countries in a panic... and potential travelers, too. What does Greece's economic instability (and possible exit from the eurozone) mean for U.S. travelers?

Our Greek Tragedy

Michael Brenner | Posted 07.10.2015 | World
Michael Brenner

The drama that played out in Greece this week is of historic importance. What is at stake goes well beyond the future of the eurozone. It is the very essence of the great postwar civilizational compact that brought unprecedented prosperity and political stability to Europe. For it is the repeal of the understandings, principles and sense of comity associated with that project that is the clear target of the financial forces that control the continent's economic affairs. Alexis Tsipras dared to reject an ultimatum whereby his country would be relegated to a permanent condition of debt servitude or thrown to the wolves of the untamed financial markets. The game is an unsavory one whereby the Troika extract anything of value and transfer it to the banks and hedge fund speculators who made spectacularly reckless loans to previous, compromised government leaders. The resistance to that fate by a government that has received a mandate from the electorate is deemed illegitimate.

European Stocks Jump On Prospect Of Greek Debt Deal

Reuters | Posted 07.10.2015 | World

By Alistair Smout LONDON, July 10 (Reuters) - European stocks surged on Friday after Greece made substantial concessions in its latest bid to win n...

Creditors Welcome Greek Reform Proposal, But Leftists Wary Of More Austerity

AP | Posted 07.10.2015 | World

ATHENS, Greece (AP) — Greece's prime minister acknowledged Friday the reforms his government has proposed in return for a third bailout are harsh an...

Half-truths in the Greek Crisis Conceal the Big Picture

Haridimos Tsoukas | Posted 07.10.2015 | World
Haridimos Tsoukas

True statesmanship is finding the courage and having the intelligence to be wise without experiencing tragedy -- to see the big picture, to acknowledge the right of the other side, to craft space for compromise. Can Eurozone leaders live up to that challenge?

Jason Linkins

World-Historical Deadbeats Demand Greece Pay Up, To Which Thomas Piketty Says 'LOL' | Jason Linkins | Posted 07.10.2015 | Politics

So that happened. On this week's podcast, we examine the austerity battles in Greece, break down the latest stage of the Iran nuclear talks, and get a...

Can Tsipras Move From Doublespeak to a Deal?

Andreas A. Papandreou | Posted 07.10.2015 | World
Andreas A. Papandreou

ATHENS -- Tsipras can become a leader of stature and take the deal and side with the vast majority of Greeks on either side of the "Yes"/"No" divide to whom he has promised to remain in the euro and undertake the reforms Syriza has resisted. Alternatively, he can live a short moment of glory as a revolutionary by siding with a small minority of the "no" camp and turn the country into a failed state run by a new set of authoritarian oligarchs.

Greece Submits Reform Proposals To European Creditors

AP | Posted 07.10.2015 | World

ATHENS, Greece (AP) — Greece finally met a deadline that counted on Thursday, delivering a series of sweeping proposals to its creditors before midn...

When Tired Politicians Are Called On To Make Important Decisions

HuffPost Greece | Katerina Nanopoulou | Posted 07.09.2015 | Healthy Living

On June 26, European Commission President Jean Claude Juncker declared that he was exhausted. “I don’t like this way of working, which leaves...

The Collateral Damage of Austerity

Robert Koehler | Posted 07.09.2015 | Politics
Robert Koehler

The austerity packages Greece has endured as its condition of economic bailout over the past half-decade have not only further gutted the country's broken economy and prevented any sort of recovery toward self-sufficiency, but have shattered the socioeconomic structure of life.

Message to Merkel: Think Outside the Box

Oliver R. Goodenough | Posted 07.09.2015 | Politics
Oliver R. Goodenough

The Greek debt crisis is a collision of two seemingly incompatible necessities. One is to put the Greek economy into a position for long term health; the other is to keep it from expiring in the short term. If these are to be reconciled, the players in Europe need to think outside the box, rather than retreat into bluster, blame, and the repetition of old positions.

The Greek Crisis Digs Up the Art of Compromise

Dr. Jovan Kurbalija | Posted 07.09.2015 | Good News
Dr. Jovan Kurbalija

Compromise is as old as humanity. It can be traced back to the moment when our far predecessors realized that it was better to hear the message than to eat the messenger.

Greek Crisis: Only the Beginning

Daniel Speckhard | Posted 07.09.2015 | World
Daniel Speckhard

While we all watch with shock as Greece goes into an economic death spiral, much bigger waters are stirring with long term consequences for all of us.

What It's Like To Be A Tourist In Crisis-Stricken Greece

HuffPost Spain | Carlota Ramirez | Posted 07.09.2015 | World

ATHENS -- Some people still feel inspired walking through the Acropolis’ monumental entrance, the Propylaea. No wonder. The temples of the "hol...

The Sleepwalkers of the European Parliament Finally Wake Up

Stefano Baldolini | Posted 07.09.2015 | World
Stefano Baldolini

Beyond the words, the citations from Sophocles, the proliferation of more or less discounted symbols, what really counted were the faces, the expressions, the bodies of the European representatives.

Live Updates On Greece's Debt Crisis

Posted 07.09.2015 | World

European leaders agreed to meet again on Sunday to discuss a new bailout for Greece. Europe gave the Greek government until Thursday to submit a new p...

Greece Scrambles To Present Tough Reform Package To Creditors

Reuters | Posted 07.09.2015 | World

By Renee Maltezou and Angeliki Koutantou ATHENS, July 9 (Reuters) - Greek Prime Minister Alexis Tsipras raced on Thursday to shore up political sup...

Hungry for Heroes and Still Starving

Diane Mantouvalos | Posted 07.08.2015 | Impact
Diane Mantouvalos

There is no dignity in watching Greek pensioners, some near the end of their lives, toeing the line for another inept Greek government. Greece needs heroes, but more than that, she needs investors.

If Greece Takes On a New Outlook, So Will Europe

Jacques Delors | Posted 07.08.2015 | World
Jacques Delors

PARIS -- The Greek government must grasp the fact that its democratic legitimacy cannot, by its very nature, take precedence over the democratic legitimacy enjoyed by its European counterparts.

Greek Pensioners Are Surviving On Just 120 Euros. Here's What That Buys.

The Huffington Post | Charlotte Alfred & Danae Leivada | Posted 07.08.2015 | World

As Greece’s debt crisis rolls on, many Greek pensioners have been living off a paltry 120 euros ($132) for nearly two weeks. Greece last week sh...

Mark Blumenthal

Why The Polls In Greece Got It Wrong | Mark Blumenthal | Posted 07.08.2015 | Politics

Sunday was a bad day for pollsters, adding yet another poor performance following a string of recent high-profile polling misfires. This time the fina...

Greece's 'No' Is No Victory for Democracy

Bernard-Henri Lévy | Posted 07.08.2015 | World
Bernard-Henri Lévy

PARIS -- Ancient Greek had two words for the people: the "demos" of democracy and the "laos" of the mob. With his puerile call to shift the burden of his own errors and his reluctance to reform onto the shoulders of Greece's fellow Europeans, Tsipras is leaning toward the latter manifestation -- and promoting the worst version of Greek politics.

Elderly Man Schools Europe By Donating His Meager Pension To Greece

The Huffington Post | Charlotte Alfred | Posted 07.08.2015 | World

An elderly pensioner in Cyprus has a lesson in generosity for the rest of Europe. He may not have deep pockets, but 88-year-old Onoufrios Michaeli...

Dear Germans: Read Some Hegel!

Neni Panourgia | Posted 07.08.2015 | World
Neni Panourgia

The crisis has exposed the very superficial understanding of democracy that "Europe" and the European Powers have, an understanding that they keep touting as the fundamental value of the Union, while violating it daily.

Greece's Debt Crisis Is Hurting Its Even Poorer Neighbors

Reuters | Benet Koleka | Posted 07.08.2015 | World

KAPSHTICA, Albania, July 8 (Reuters) - Sun-beaten and sullen, the four Albanian fruit-pickers returning home from a three-week stint working in Greece...