Greece Economy

The Goddess Forsakes Greece

Anthony Strano | Posted 05.30.2012

Anthony Strano

Plato knew his people very well and said over two thousand years ago that mishandled democracy leads to despotism. The bridge between the two is nepotism.

Lagarde Has Little Sympathy For Greeks

AP | MEERA SELVA | Posted 05.26.2012

LONDON -- International Monetary Fund chief Christine Lagarde says she has more sympathy for poor African children than Greeks suffering under the cou...

Elderly Mother And Son Jump To Their Deaths In Athens

The Huffington Post | Daphne Lambadariou | Posted 05.24.2012

Tragedy struck Thursday morning in the center of Athens when a mother and son leapt to their deaths. Kathimerini newspaper reports that sixty-year-old...

The Antisocial Valuation: Facebook vs. Greece

James Berman | Posted 05.22.2012

James Berman

A Greek company in the deep end of the contrarian pool is my preferred choice. Not because it has better growth prospects. It doesn't. But it has one thing FB lacks: It's priced right for the risk.

Greek Elections, Lessons From Argentina 2001-02 ...and a Call for Sanity

Alexander Mizan | Posted 05.09.2012

Alexander Mizan

Greece is on the verge of a national catastrophe. The local political leadership has made successive mistakes, only to be compounded by the recent vote. Let's examine the scenarios.

Greece in Agony

Robert Cabot | Posted 05.09.2012

Robert Cabot

There is a surplus of the ugly in Greece -- of avarice, of hideous modernity, corruption, exploitation. But though it is largely hidden, there is something about the tough, durable fiber, the pride of generosity, the fierce instinct for independence which is at the core of the Greek soul.

Greece Is Better Off Outside the EU

Ilias Sourdis | Posted 05.01.2012

Ilias Sourdis

Prices quoted on the Greek drachma, together with the tax-free or reduced tax environment, will result to adding more value to the holiday's budget -- therefore making Greece very affordable and overwhelmed with tourists from every part of the world.

A Tax for Your Thoughts...

Maria Paravantes | Posted 04.19.2012

Maria Paravantes

We've passed the audition and are now holding starring roles in Animal Farm Takes Greece -- a remake of George Orwell's foretelling allegorical tale penned 67 years ago!

Greek Economic Tragedy Brings Neo-Nazis and Racists in the Political Mainstream

Sabby Mionis | Posted 05.26.2012

Sabby Mionis

When a country is pushed to desperation and people lose hope, hate mongers gain ground. However, we need to raise our voices to prevent the Greek Parliament from being infested by extremists.

The Role of the Greek Diaspora: Save Greece or Help It Save Itself? (Or C: Do Nothing)

Aphrodite Bouikidis | Posted 05.21.2012

Aphrodite Bouikidis

Greek diaspora groups can play a role in helping Greeks address their political, economic and social crisis, but only if they do so with those in Greece that are building the foundations of a more prosperous, equitable and healthy future.

Greece: Making Lemonade When the Economy Throws Lemons at You

Niovi Christopoulou | Posted 05.15.2012

Niovi Christopoulou

So, Greece is in big trouble and in need of leaders with good crisis management instincts and experience. (If you know any, send them to Athens ASAP -- economy class only please.)

Greece Out of Default Emergency Room, But Far From Being Cured

Georges Ugeux | Posted 05.09.2012

Georges Ugeux

Do Greek authorities understand that, unless they play by the rules and restore their fiscal discipline, there will soon be another default... and no bailout? Nothing is less sure. This is not a few bad years; it is a different way to manage a country.

Greece Defaults! What Now?

The Huffington Post | Mark Gongloff | Posted 05.08.2012

So this is happening: Greece has technically, officially defaulted on its debt. Now what? The International Swaps and Derivatives Association, t...

China or Greece: Whose Economy Should We Fear?

Claude Ohanesian | Posted 05.08.2012

Claude Ohanesian

Much has been written about Greece's financial doom and the domino effect it will have on Europe's and possibly America's economy. I've never liked playing dominos. I prefer to find solutions to problems before there are consequences.

Greece, Youth and the Phoenix

Anthony Strano | Posted 04.25.2012

Anthony Strano

So what other alternative do the young people have except to migrate to warmer and kinder climates? The future is built on the young adults of today. If they go, Greece will go.

Default Fear Sparks Call for Action

Elena Panaritis | Posted 04.22.2012

Elena Panaritis

The Greek bailout deal is a 130-billion-euro step towards resolving the Eurozone crisis. But it's just one more step on a very long path of economic recovery.

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

The Huffington Post | Bonnie Kavoussi | Posted 02.15.2012

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

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.

Greece Is the Wor(l)d

Alexia Amvrazi | Posted 04.13.2012

Alexia Amvrazi

The word 'crisis' has practically become a synonym to 'Greece' over the last year. But Greece is only a mirror of the world, which is perhaps why it draws such intense emotion and fascination.

Greece: How to Slow the Nosedive

Dimitri B. Papadimitriou | Posted 04.10.2012

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.

The Biggest No-Show at Davos Wasn't Keith Richards

Peter Holmes a Court | Posted 04.02.2012

Peter Holmes a Court

Rising income inequality is a surprisingly strong concern for this gathering, and the search for new economic models is sincere, but avoiding Europe's combustion is, understandably, the most pressing issue.

Is Austerity Helping Or Killing Greece's Economy?

The Washington Post | Posted 01.11.2012

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

Outrageous Arrogance and Greek Fraud

Michael Farr | Posted 01.04.2012

Michael Farr

Outrageous as the Greek situation may be, it could foreshadow our own fate. It is imperative that the United States be able to afford the lifestyle and government we choose.

Greece Turmoil Sends Stock Market Sliding

AP | MATTHEW CRAFT and DAVID K. RANDALL | Posted 01.01.2012

NEW YORK — A wave of selling swept across Wall Street and stock markets around the world Tuesday after Greece's prime minister said he would cal...

Bonnie Kavoussi

Greek Budget Cuts Quicken Reckoning For Europe

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.21.2011

Ever since Greece began teetering toward default last year, European officials have extracted promises of budget cuts in exchange for financial relief...