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Greece Debt Crisis

Leaders Of Europe's New Left Rejoice As Greeks Vote 'No'

HuffPost Italy | Angela Mauro | Posted 07.06.2015 | World

ATHENS, Greece -- “Syriza’s fight is our fight. If Syriza loses, we all lose ...” Martina Anderson is a distinguished Irishwoman: tall,...

Merkel and Hollande. The Future of Greece (and Europe) Is Now in Their Hands

Gianni Del Vecchio | Posted 07.06.2015 | World
Gianni Del Vecchio

So it's Berlin and Paris. Once again so close and yet so far. Once again European history will move along the red line that unites these two national capitals. There's nothing to be done for those who, like our Italian Premier, believed as recently as five days ago to have established a special relationship with the Chancellor of Europe.

OXI! Greek Voters Stand Up for A New Deal

Dan Siegel | Posted 07.06.2015 | Politics
Dan Siegel

While Americans celebrated a long-ago victory against British colonial overlords, the small but proud nation of Greece stood up to reject the failed austerity economics proscribed by European bureaucrats that has driven the country into a debt-driven dependency and depression.

Jenny Che

Leading Economist Slams German Hypocrisy Over Greek Debt Crisis

HuffingtonPost.com | Jenny Che | Posted 07.08.2015 | Business

“Germany is the country that has never repaid its debts. It has no standing to lecture other nations.”

Krugman Cheers Greece's 'No' Vote On Austerity

The Huffington Post | Alexander C. Kaufman | Posted 07.06.2015 | Business

“A ‘yes’ vote in Greece would have condemned the country to years more of suffering under policies that haven’t worked and, in fact, given the arithmetic, can’t work."

Say 'No' to Greek Financial Irresponsibility

Ivan Eland | Posted 07.06.2015 | World
Ivan Eland

Now that the Greek public has thumbed its nose at Greece's international creditors by voting "no" in a referendum on their most recent bailout offer, negotiations with Greece on further bailouts should be summarily terminated.

Angela's Ashes and Tsipras's Attributes

Lucia Annunziata | Posted 07.06.2015 | World
Lucia Annunziata

In the absence of a complete and total mending, and a reform of Europe itself, from this moment forward the temptation to follow Athen's lead will only increase.

A First Reading of the Referendum

Manos Sifonios | Posted 07.06.2015 | World
Manos Sifonios

The "NO" is a clear victory and can be translated as a clear mandate for the prime minister who took a heavy weight on his shoulders to represent the initiative.

An Appeal to Greece

Magdalene Karalis | Posted 07.06.2015 | Teen
Magdalene Karalis

How ironic it is that a country known for its cuisine is worried about how it will feed its citizens? That a country once recognized for its brotherhood and hospitality is now divided and distrustful?

Just Say No

Robert Kuttner | Posted 07.06.2015 | Politics
Robert Kuttner

The No vote to austerity by a margin of 62 to 38 is a stunning vindication of Greek Prime Minister Alexis Tsipras's tactical gamble. The stakes, however, are larger than Greece. It's increasingly clear that the E.U. needs to change course -- not just to save Greece but to save itself.

Time For Change At The IMF

David Singh Grewal | Posted 07.05.2015 | Politics
David Singh Grewal

The Greek crisis has made it painfully clear that the International Monetary Fund (IMF) needs a change at the top -- and that the U.S. must use its privileged position as the IMF's biggest contributor to insist on it.

No-No or No-Yes?

Pavlos Tsimas | Posted 07.05.2015 | World
Pavlos Tsimas

The outcome of this Greek drama is not up to the Greeks anymore. It now depends on how European leaders will react. Whether they will view the referendum result as an opportunity for a big deal or a chance to rid themselves of the Greek issue, putting all the blame on the Greeks, remains to be seen.

Greece Divided by Dilemma Once More

Ioannis Karamagalis | Posted 07.05.2015 | World
Ioannis Karamagalis

The referendum, before being conducted, unfortunately released the darkest aspects and features of Greek political socialization. It reinstated divisive reasoning in the public sphere, divided society into two camps with no diffusion and without any room for common ground.

Greece Resoundingly Rejects Austerity In Referendum On Bailout Deal

The Huffington Post | Eline Gordts & Nick Robins-Early | Posted 07.06.2015 | World

Greeks on Sunday decisively rejected a bailout deal proposed by the country's international creditors, which demanded new austerity measures in return...

Why Greece Should Vote 'YES'

George Marios Angeletos | Posted 07.05.2015 | World
George Marios Angeletos

Greek voters should not give up on their demand for less austerity. But they should also condemn the failed strategies of this government, safeguard their position in Europe, and invest in the future.

Greece Votes In Crucial Referendum On Debt Crisis Bailout

The Huffington Post | Nick Robins-Early | Posted 07.05.2015 | World

As partial results of Sunday's highly anticipated referendum trickled in, Greeks appeared to have overwhelmingly rejected the terms of a bailout deal ...

Greece Votes On Bailout In Biggest Test Yet For Euro

AP | ELENA BECATOROS and DEMETRIS NELLAS | Posted 07.05.2015 | World

ATHENS, Greece (AP) — Greece lurched into uncharted territory and an uncertain future in Europe's common currency Sunday after voters overwhelmingly...

Greece's Referendum Question Is Confusing Everyone

The Huffington Post | Charlotte Alfred | Posted 07.05.2015 | World

Greeks will vote in a referendum Sunday on whether the government should accept a proposed bailout deal which would provide critical funding if the co...

The Final Mistake of a Bad Negotiation

Dimitris Katsikas | Posted 07.04.2015 | World
Dimitris Katsikas

The decision to hold a referendum on the creditors' proposal is the final act in a drama that started five months ago, when the new Greek government initiated a new round of negotiations with the country's creditors.

Greek Minister: Europe Can't Afford To Let Greece's Economy Crash

Reuters | Posted 07.05.2015 | World

By Lefteris Karagiannopoulos and Matt Robinson ATHENS, July 4 (Reuters) - Greece's finance minister accused creditors of trying to "te...

'Nai' Or 'Oxi'? What Greece's Landmark Vote May Trigger

AP | PAN PYLAS | Posted 07.04.2015 | World

LONDON (AP) — On his 10-year trip home, the Greek hero Odysseus at one point had to steer his ship and crew down a narrow stretch of water menaced o...

Weekend Roundup

Arianna Huffington | Posted 07.03.2015 | Politics
Arianna Huffington

This week, while the U.S. celebrates its independence, the world watches a modern Greek tragedy unfold as Greece votes on austere bailout terms imposed by the country's creditors. However the vote goes, one thing is clear: The austerity that came with the two previous bailouts has utterly broken the Greek economy. GDP has gone down nearly 30 percent. A quarter of the country is unemployed, including half of its young people. Pensions have been slashed. The health budget has been cut by 40 percent. Suicides are up 36 percent since 2008. The Troika has authored a new Greek myth -- that you can cut your way to growth. And now they're back, demanding more of what's already shattered the economy. The question is will they shatter the spirit of the Greek people? Just as we value our independence, so do the Greeks, who, after all, invented democracy. No matter the outcome of the vote, feeling some measure of control will help keep Greece's spirit alive.

What the Referendum Means for Greece

Elena Ambrosiadou | Posted 07.03.2015 | World
Elena Ambrosiadou

Plans based on common sense of purpose and partnership in problem solving are the basis for delivering the much needed change. There are many areas which should be subject to deep structural reform. The willingness has to be there from both sides.

The Tragedy Of Greece's Referendum

Pavlos Tsimas | Posted 07.04.2015 | World
Pavlos Tsimas

That whatever has happened (in the name of decency and self-determination, supposedly) during the past few days, the end of negotiations, the closing of the banks, the sudden fall in our economy, place us defenseless in the hands of our creditors.

A Careful Look at Greece's Options and Why Yes Is the Only One

Costas Meghir | Posted 07.04.2015 | World
Costas Meghir

Understanding the consequences of leaving the Euro has to be analyzed in two separate parts: first the consequences during the transition to the drachma and second the long-term outlook for the Greek economy with its own currency. The transition is, of course, hugely important.