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Greece Debt Crisis

Where Is Jamie Dimon When You Need Him?

Dennis M. Kelleher | Posted 04.17.2012 | Business
Dennis M. Kelleher

Now, when there are some very real and very serious anti-American actions being asked for, Dimon is strangely silent. Could it be because the current anti-American requests coincide with his claims against financial reform? Of course it is.

It's All Greek to Me

Lynne Bundesen | Posted 04.17.2012 | College
Lynne Bundesen

A silver vein can run out but olive trees are forever. Not only do the trees bear fruit they also provide oil and wood and what else could grow on that rocky Greek soil? My daughter says that Solon is her hero. And Greece does need a hero for these times.

Bailout Talks Turning Into 'Playground Spat'

AP | GABRIELE STEINHAUSER | Posted 04.17.2012 | Business

BRUSSELS — Current plans to save Greece from financial collapse would still leave the country with debt far above the maximum level set by its i...

Greek Official: Many In Europe 'Don't Want Us Any More'

AP | GABRIELE STEINHAUSER and ELENA BECATOROS | Posted 04.16.2012 | Business

BRUSSELS — European finance ministers insisted Wednesday on much tighter oversight of Greece's spending and austerity efforts, despite politicia...

The Human Costs Of Austerity: Greek Woman Threatened To Kill Herself

The Huffington Post | Bonnie Kavoussi | Posted 02.15.2012 | Business

Greek austerity measures, the necessary price of a European Union bailout, have already taken a toll on the lives of the debt-ridden country's populat...

What Is Really Happening in Athens

Bernard-Henri Lévy | Posted 04.14.2012 | World
Bernard-Henri Lévy

In an affair like this one, which is political as much as economic, and where the highly inflammable matter being toyed with is a people, their pride, their memory, their revolt, their survival, one would like to have seen things handled more deftly.

Jennifer Bendery

Paul Ryan, Jeff Sessions Warn Obama's Budget Could Make The U.S. Like Greece | Jennifer Bendery | Posted 02.13.2012 | Politics

WASHINGTON -- President Barack Obama's $3.8 trillion budget plan does nothing to address mounting debt and could lead the country into a European-styl...

PHOTOS: Rioters Set Athens On Fire

Posted 02.13.2012 | World

Greek police fired tear gas at petrol bomb-throwing protesters outside parliament, where tens of thousands had massed a rally against austerity plans ...

See How Nations' Debt Stacks Up To Their Famous Buildings [GRAPHIC]

The Huffington Post | Posted 02.13.2012 | Business

Greece's huge amounts of sovereign debt put the Eurozone's economy in jeopardy and had consequences for the global economy. But, Greece isn't alone...

Greek Protests Continue As Lawmakers Debate Severe Austerity Measures

AP | By NICHOLAS PAPHITIS and DEREK GATOPOULOS | Posted 04.13.2012 | Business

ATHENS, Greece -- Greek lawmakers on Monday approved harsh new austerity measures demanded by bailout creditors to save the debt-crippled nation from ...

Greece Nears Bailout Deal To Stave Off Disaster

AP | DEMETRIS NELLAS | Posted 04.12.2012 | Business

ATHENS, Greece — Warning of a "catastrophe" that would leave Greeks subsisting on food stamps and the country wallowing in bankruptcy, Greek lea...

Mark Gongloff

Greece Is Blowing Up The Stock Market Today | Mark Gongloff | Posted 02.10.2012 | Business

The U.S. stock market could be on track for its worst day of the year Friday because of turmoil in Greece. Protesters are rioting in the streets of...

Greece: How to Slow the Nosedive

Dimitri B. Papadimitriou | Posted 04.10.2012 | World
Dimitri B. Papadimitriou

During the coming years of austerity, thousands of Greek workers will remain idle because policymakers believe that this makes economic sense. It simply does not.

IMF Chief Economist: Greece Haircut Will Be 'Very Large'

Reuters | Posted 04.07.2012 | Business

WASHINGTON, Feb 6 (Reuters) - The IMF's chief economist, Olivier Blanchard, said on Monday it looks like the 'haircut' on Greek private debt will be...

Back to the Drachma: Time to Let Greece Be Greece

David Paul | Posted 04.06.2012 | Business
David Paul

While the world has focused on Greece's failures -- with the implication that it was German beneficence that allowed Greek participation in the euro in the first place -- it is easy to lose sight of the fact that Germany has been the greatest beneficiary of the creation of the eurozone.

Despite Huge Bailout, Greece Still Short On Funds

AP | By GABRIELE STEINHAUSER | Posted 04.03.2012 | Business

ATHENS, Greece — Greece's Finance Minister says the European Central Bank and national central banks should be part of a debt relief deal with t...

Greek Fury at the EU Suggestion for a Financial Control Board

Frank A. Weil | Posted 04.01.2012 | World
Frank A. Weil

The drama of this century to date plays on with amazing speed and volatility. The Greek government and people, despite more than enough reasons for so...

Creditors Would Face Huge Loss In Greek Debt Deal

AP | GABRIELE STEINHAUSER and ELENA BECATOROS | Posted 03.31.2012 | Business

BRUSSELS — Investors participating in a deal to slash Greece's massive debt would face an overall loss on their bond holdings of more than 70 pe...

EU Financial Tug of War and the Greek Catalyst

Nikolas Katsimpras | Posted 03.27.2012 | World
Nikolas Katsimpras

No matter how inspiring the future European vision might be, the strategy towards it, unfortunately, bears neither fiscal nor social morality over the people. The domino effect has started from Greece.

Debt-Ridden Greece Targets Tax Evaders In Aim To Recoup Funds

AP | By NICHOLAS PAPHITIS | Posted 01.23.2012 | Business

ATHENS, Greece -- Debt-crippled Greece has named some 4,000 alleged tax dodgers, including a former media magnate and a prominent entertainer, with th...

Politicians Seeking Upper Hand Over Hedge Funds in Greek Bailout

David Paul | Posted 03.23.2012 | Business
David Paul

There are many participants involved, and each has their own set of metrics for a successful outcome of the Greece workout.

Greece: Voluntary or Involuntary - Default Is a Given

Asher Edelman | Posted 03.21.2012 | Business
Asher Edelman

The Greek people will resist the effect of either default on Greece's economic future. They will not allow their assets to be pledged or sold to the seemingly stronger nations.

Romney and His European Straw Dog

Edward Goldberg | Posted 03.13.2012 | Business
Edward Goldberg

For the Romney campaign, Europe has taken over from China as the punching boy that represents the foreign other. In reality, to say or suggest that Europe has nothing to do with the American economy or American job growth is to live in pre-globalized fantasy land.

Is Austerity Helping Or Killing Greece's Economy?

The Washington Post | Posted 01.11.2012 | World

Deeply indebted and nearly bankrupt, this Mediterranean nation was forced to adopt tough austerity measures to slash its deficit and secure an interna...

Bonnie Kavoussi

Lost In Translation? The Latest Troubling Indicator From Europe | Bonnie Kavoussi | Posted 01.04.2012 | Business

An increasing number of workers in the troubled Mediterranean countries of Italy, Spain and Greece are having their resumes translated into English an...