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Greece Debt

Greece Approves Reforms For Bailout

Associated Press | Andrew Hart | Posted 07.23.2015 | World

  ATHENS, Greece (AP) -- Greece's radical left-led government survived another revolt by rebels in the early hours of Thursday, passing...

The Financial Crisis in Greece: A Spiritual Crisis in Disguise and an Urgent Call for Change

Maria Benardis | Posted 07.22.2015 | Business
Maria Benardis

Despite the financial crisis in Greece, there are many aspects of Greece that are not in crisis such as the beauty of its environment, food, history, culture and the hospitality of its people.

After 3 Week Closure, Greek Banks Finally Reopen With Some Restrictions

AP | Jade Walker | Posted 07.20.2015 | World

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Banks To Reopen After Greece Agrees To Steep Austerity Cuts

Associated Press | Kelly Chen | Posted 07.16.2015 | World

ATHENS, Greece (AP) — Greece on Thursday won vital pledges of support from bailout lenders needed to keep its economy from collapsing, but offi...

Who's Afraid of Greek Growth?

Dimitris Thomakos | Posted 07.16.2015 | World
Dimitris Thomakos

With a view geared towards only debt repayments, additional taxes have been levied to the battered Greek economy and even more are coming. Which raises the question: Who's afraid of Greek growth?

Former Greek Finance Minister Calls Bailout Deal Reforms 'Fiscal Waterboarding'

The Huffington Post | Nick Robins-Early | Posted 07.15.2015 | World

Former Greek finance minister Yanis Varoufakis published a blog on his website Wednesday providing a line-by-line takedown of the July 12 Euro Su...

Greece PM Fights To Pass Reforms In Parliament

Reuters | Jade Walker | Posted 07.15.2015 | World

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Ryan Grim

German-Led Eurogroup Launching Coup Against Greek Government

HuffingtonPost.com | Ryan Grim | Posted 07.16.2015 | Politics

After the fall of the Berlin Wall and the collapse of the Soviet Union, Francis Fukuyama famously declared an end to history. Things, of course, would...

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.

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.

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.

Greece Lawmakers Approve Bailout Proposal

Associated Press | Andrew Hart | Posted 07.15.2015 | World

ATHENS, Greece (AP) — Greek lawmakers voted overwhelmingly early Thursday to approve a harsh austerity bill demanded by bailout creditors, desp...

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...

Andrew Lord

New Greek Finance Minister's Signature Looks Like A Penis

HuffingtonPost.com | Andrew Lord | Posted 07.10.2015 | Business

LOL.

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...

How the Greek and Chinese Crises Are Linked

Mohamed A. El-Erian | Posted 07.09.2015 | World
Mohamed A. El-Erian

At first sight, there is little to connect the ugliness in China and Greece. The former reflects the unwinding of a market bubble; and the latter is driven by weak and deteriorating economic and financial fundamentals. Yet both share a common element, and they are not the only ones: They have benefited from the ultra-loose experimental policies that have been pursued by major central banks around the world.

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.

The Latest On The Greek Financial Crisis

AP | The Associated Press | Posted 07.07.2015 | World

BRUSSELS (AP) — The latest on the Greek financial crisis (all times Brussels local): ___...

Greece Given Until Sunday For Debt Deal

Reuters | Posted 07.07.2015 | Politics

* Euro zone sets end-of-week deadline for Greece, EU summit Sunday * Juncker warns that plans for "Grexit" are ready if need be ...

Greece Moves Back in With Parents

Spencer Green | Posted 07.07.2015 | Comedy
Spencer Green

Friends say Greece has been adjusting to this new living situation with surprising ease. "All he does is sleep, hang out at our old high school, and play Alien Crush on his TurboGrafx 16," says Herman Wittle, a former classmate of Greece's.

The Euro at a Tsipping Point: Greece Gets a Yellow Card, Not Yet a Red, As Merkel's Bluff Gets Called

Terry Connelly | Posted 07.07.2015 | Business
Terry Connelly

As expressed (and predicted) in this blog several months ago, if I owe you 240 euros, it's my problem, but if I owe you 240 billion euros, it's certainly your problem, too.

Greek PM Looks For Last Minute Deal At Eurozone Summit

Reuters | Paul Taylor and Costas Pitas | Posted 07.07.2015 | World

By Paul Taylor and Renee Maltezou BRUSSELS, July 7 (Reuters) - Greek Prime Minister Alexis Tsipras launched a desperate bid to win fresh aid from s...

Bernie Sanders Backs Greek Rejection Of Austerity Measures

The Huffington Post | Jacob Kerr | Posted 07.07.2015 | Politics

Democratic presidential candidate Sen. Bernie Sanders (I-Vt.) voiced his support for Greece’s decision to reject a bailout deal that would have come...

Cassandra's Foreboding Ghost Haunts Greece After the 'No' Vote

Michael Skafidas | Posted 07.06.2015 | World
Michael Skafidas

ATHENS -- Tsipras appeared triumphant to greet his voters last night. What kind of a triumph it is remains puzzling. A few meters away from the victorious prime minister in Syntagma Square, the heart of Greece, the ATMs stand dark and empty. "It's sad to admit that we see darker days than before, darker even than during the dictatorship," I heard an old woman saying while queuing to get money a few days ago. "Back then there was political discontent but no poverty. Now we have both."

Not without Greece

Montserrat Domínguez | Posted 07.06.2015 | World
Montserrat Domínguez

The Greeks have defied fear. But how will the European governments deal with their own fears? Specifically, how will they react to the possible light-speed contagion of Syriza's rebelliousness in Spain, Portugal and Italy?