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Greece or Europe on Trial in Latvia

Nicos E. Devletoglou | Posted 04.17.2015 | World
Nicos E. Devletoglou

More pragmatism including further professional advice in goodwill should hopefully produce a better state of mind all around at the Eurogroup's forthcoming gathering in Riga, Latvia, on 24 April.

Greek Defense Minister: If Greece Leaves Eurozone, Spain And Italy Would Be Next

Reuters | Posted 03.13.2015 | World

BERLIN, March 14 (Reuters) - If Greece were to leave the eurozone, Spain and Italy would also end up quitting the common currency bloc, Greek Defense ...

Greek Leader Hit With Acrimony At Home Over Bailout Deal

AP | ELENA BECATOROS | Posted 02.25.2015 | World

ATHENS, Greece (AP) — Greece's prime minister held a marathon meeting with his party's lawmakers Wednesday, briefing them on pledges made to Europea...

Eurozone Ministers Approve Greek Reform To Extend Bailout

AP | Posted 04.26.2015 | World

BRUSSELS (AP) — Greece's creditors in the 19-country eurozone on Tuesday approved a list of reforms Athens proposed to get a 4-month extension to it...

IMF Chief Expresses Optimism For Greece

HuffPost Live | Chris Branch | Posted 02.23.2015 | World

In a HuffPost Live interview Monday, IMF Chief Christine Lagarde told Arianna Huffington that she remains optimistic for Greece's economic future, as ...

Crucial Talks Over Greece's Debt Broke Down. What's Next?

AP | PAN PYLAS and LORNE COOK | Posted 04.19.2015 | World

BRUSSELS (AP) — Despite all the tough talk and ultimatums, Greece and its creditors in the 19-country eurozone are still expected to cobble together...

Greece's New Prime Minister Rejects Bailout, Setting Up Clash With The EU

Reuters | Posted 04.10.2015 | World

By Lefteris Papadimas and Renee Maltezou ATHENS, Feb 8 (Reuters) - Leftist Prime Minister Alexis Tsipras laid out plans on Sunday to d...

Greek Leader To Reject Austerity, Lay Out Hard Leftist Program

Reuters | Posted 04.10.2015 | World

By Jeremy Gaunt ATHENS, Feb 8 (Reuters) - New Greek Prime Minister Alexis Tsipras will lay out his radical left-wing government's poli...

What Is the Real Greek Morality Tale?

Joseph E. Stiglitz | Posted 04.05.2015 | World
Joseph E. Stiglitz

Does anyone in their right mind think that any country would willingly put itself through what Greece has gone through, just to get a free ride from its creditors? If there is a moral hazard, it is on the part of the lenders -- especially in the private sector -- who have been bailed out repeatedly.

What You Need To Know About The Debt Standoff Between Greece And The Eurozone

AP | DAVID McHUGH | Posted 04.04.2015 | World

FRANKFURT, Germany (AP) — Greece wants a break from the terms of its eurozone bailout loans, saying they're suffocating its economy. Germany, the b...

New Greek Leader Softens Rhetoric On Debt Talks With Europe

AP | DANICA KIRKA and MENELAOS HADJICOSTIS | Posted 04.04.2015 | World

LONDON (AP) — Britain's Treasury chief warned that the standoff between Greece and the eurozone over the country's bailout is endangering the global...

Greek Tragedy II

Nicos E. Devletoglou | Posted 03.11.2015 | World
Nicos E. Devletoglou

The latest Greek crisis, again threatening stability in Europe and beyond, is not principally financial. At any rate not yet. Instead, it stems from a serious anomaly that can be traced to the two consecutive referenda that summarily abolished the monarchy in Greece four decades ago.

A Good Theory

David Backus | Posted 01.29.2013 | Business
David Backus

Let's step back for a minute and think about Europe when we strip away the clutter. An economic theorist might view Europe as an illustration of what economists call "risk-sharing": activities that spread or share risk across individuals so that everyone bears only a small amount.

Greece Is at the Crossroads With the IMF in Tow

Elena Panaritis | Posted 01.20.2013 | World
Elena Panaritis

While Greeks need to do more internally to help themselves, the IMF's modus operandi should also change and go back to its basics so that Greece does not become another loan addict, but an economic success story.

RECORD: 1 In 4 Greeks Unemployed

AP | NICHOLAS PAPHITIS | Posted 12.11.2012 | World

ATHENS, Greece — Unemployment in Greece hit a record high of 25.1 percent in July as the country's financial crisis continues to exact its heavy...

Austerity Has Failed in Europe, but What's Next?

Rajan Menon | Posted 11.30.2012 | World
Rajan Menon

To many Europeans, pronouncements that a monetary union without a fiscal counterpart could only have ended in a train wreck smack of an "I told you so" smugness. There's a bigger problem with this conceited view.

Cautions From Corfu

Debora L. Spar | Posted 11.05.2012 | College
Debora L. Spar

Europe must decide whether to accept the political bargain that was always there -- the loss of national sovereignty implicit in union -- or whether, more dangerously again, to try to go it alone.

U.S. Companies Brace For An Exit From The Euro By Greece

www.nytimes.com | Posted 09.03.2012 | Business

Even as Greece desperately tries to avoid defaulting on its debt, American companies are preparing for what was once unthinkable: that Greece could so...

Germans Almost Officially Over Greece

Reuters | Posted 11.02.2012 | Business

LONDON, Sept 3 (Reuters) - Only a quarter of Germans think Greece should stay in the euro zone or get more help from other countries, an opinion pol...

French President: 'There's No Time To Lose'

Reuters | Posted 10.25.2012 | Business

* Samaras says Greece determined to stay in euro * Hollande says Greece must show commitment to reform * German finmin r...

Greece Needs to Chart a Different Course

Mohamed A. El-Erian | Posted 08.24.2012 | World
Mohamed A. El-Erian

Greece's political leaders still don't seem to get it, and neither do its official creditors. The longer this problem persists, the greater the challenge of turning around a country already beset by recession, insolvency, distressingly high unemployment and rising poverty.

Greek Government: Yes, We Want The Eurozone

Reuters | Posted 08.21.2012 | Business

ATHENS, June 21 (Reuters) - The new Greek government plans to revise the terms of its bailout from the European Union and the International Monetary...

Conservatives Win Greek Vote

AP | NICHOLAS PAPHITIS | Posted 08.18.2012 | World

ATHENS, Greece -- Europe looked on with wary relief Monday as Greek conservative leader Antonis Samaras launched coalition talks after coming first in...

Greece Election Too Close To Call, Exit Polls Show

AP | ELENA BECATOROS and DEMETRIS NELLAS | Posted 08.17.2012 | World

ATHENS, Greece — The New Democracy party came in first in Greece's election Sunday and immediately proposed forming a pro-euro coalition governm...

Chaos, Hypocrisy and the Greek Elections

Michael Nevradakis | Posted 08.17.2012 | World
Michael Nevradakis

Greek voters are tired of the scaremongering, tired of being portrayed as the poster-child for the ills of Europe and tired of the broken promises made by the "major" parties.