Greece Is Also Having a Social Crisis
The financial crisis and the resulting political instability in Greece has led to desperation and despondency that have clouded the core values of the Greek people.
The financial crisis and the resulting political instability in Greece has led to desperation and despondency that have clouded the core values of the Greek people.
AP | NICHOLAS PAPHITIS | Posted 05.17.2012
ATHENS, Greece — Fitch ratings agency downgraded debt-crippled Greece deeper into junk territory on Thursday, warning of a "probable" Greek exit...
AP | PAMELA SAMPSON | Posted 05.15.2012
BANGKOK — Asian stock markets fell Tuesday, rattled by a political impasse in Greece that could lead the debt-stricken country to a disorderly a...
Reuters | Posted 05.15.2012
By George Georgiopoulos and Karolina Tagaris ATHENS, May 14 (Reuters) - Greek leftists rejected a last-ditch proposal by the head of ...
Alexander Mizan | Posted 05.09.2012
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.
Georges Ugeux | Posted 05.09.2012
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.
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...
Posted 03.01.2012
Thanks to its history, architecture, beaches and food, Greece has long been a mainstay of travelers' bucket lists. The Acropolis alone draws roughly 3...
Jared Bernstein | Posted 04.22.2012
Forgive me if I'm just being rhetorical here, but it looks to me like all the headlines about how the latest bailout of Greece enables the country to avoid default have it wrong. Greece is defaulting on its sovereign debt, and that's a good, as in "necessary," thing.
Bernard-Henri Lévy | Posted 04.14.2012
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.
Nikolas Katsimpras | Posted 03.27.2012
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.
Reuters | Posted 02.12.2012
ATHENS (Reuters) - Greece published guidelines on Tuesday to protect its austerity-hit citizens from being ripped off by pawn shops buying their famil...
AP | ELENA BECATOROS | Posted 01.11.2012
ATHENS, Greece — Greece's new technocrat Prime Minister Lucas Papademos assumed power Friday at the helm of an interim coalition government that...
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...
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...
AP | ELENA BECATOROS | Posted 12.19.2011
ATHENS, Greece — Hundreds of youths smashed and looted stores in central Athens and clashed with riot police during a massive anti-government ra...
AP | By CHRISTOPHER TORCHIA | Posted 12.09.2011
ATHENS, Greece -- The Greek financial crisis has become a health hazard. Economically vulnerable Greeks are losing health care access amid dwindling ...
AP/The Huffington Post | Posted 12.05.2011
ATHENS, Greece (AP) -- Judicial authorities postponed a trial of eight Greek terrorist suspects until later this month, as lawyers were participating...
Reuters | George Soros | Posted 11.15.2011
The euro crisis is a direct consequence of the crash of 2008. When Lehman Brothers failed, the entire financial system started to collapse and had to ...
AP | GEIR MOULSON and NICHOLAS PAPHITIS | Posted 11.13.2011
BERLIN — German Chancellor Angela Merkel sought Tuesday to calm market fears that Greece is heading for a chaotic default as Europe struggles to...
AP | DEREK GATOPOULOS | Posted 10.01.2011
ATHENS, Greece — They descended by the hundreds – black-shirted, bat-wielding youths chasing down dark-skinned immigrants through the stre...
AP | NICHOLAS PAPHITIS | Posted 09.26.2011
ATHENS, Greece — Standard and Poor's on Wednesday relegated Greek government bonds to the deeper end of junk status, cutting the debt-crippled c...
Arianna Huffington | Posted 08.28.2011
Given that the Greeks invented democracy, it's only fitting that they're now being given the chance to reinvent it. As I found out during my trip to Greece last week, those really are the stakes.
AP | DEREK GATOPOULOS and ELENA BECATOROS | Posted 08.21.2011
ATHENS, Greece — The Greek prime minister survived a crucial confidence vote early Wednesday, keeping alive a government dedicated to averting a...
Ann Pettifor | Posted 08.21.2011
Greece's elected politicians have plunged the country into a spiral of decline. Is there anybody on earth who seriously believes that austerity will restore the prosperity of Greece? Equally ludicrous is the idea that there is no alternative.
George Logothetis | Posted 05.24.2012