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Greece Financial Crisis

The Latest From Athens

David C. Wittig | Posted 08.04.2015 | World
David C. Wittig

It is impossible for Greek businesses to get credit outside of Greece. The amount of money that may leave the country to buy essential goods and services is severely limited. It will be no surprise when GDP shrinks in the third quarter and when unemployment spikes.

Provoking the Past in the Greek Referendum

American Anthropological Association | Posted 07.23.2015 | World
American Anthropological Association

In ATM queues up and down the country it became particularly striking how people discussed their fears and aspirations for the future through extensive reference to poignant pasts.

Greece's Debt Crisis Is Hurting Its Even Poorer Neighbors

Reuters | Benet Koleka | Posted 07.08.2015 | World

KAPSHTICA, Albania, July 8 (Reuters) - Sun-beaten and sullen, the four Albanian fruit-pickers returning home from a three-week stint working in Greece...

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 Votes On Bailout In Biggest Test Yet For Euro

AP | ELENA BECATOROS and DEMETRIS NELLAS | Posted 07.05.2015 | World

ATHENS, Greece (AP) — Greece lurched into uncharted territory and an uncertain future in Europe's common currency Sunday after voters overwhelmingly...

'Nai' Or 'Oxi'? What Greece's Landmark Vote May Trigger

AP | PAN PYLAS | Posted 07.04.2015 | World

LONDON (AP) — On his 10-year trip home, the Greek hero Odysseus at one point had to steer his ship and crew down a narrow stretch of water menaced o...

A Careful Look at Greece's Options and Why Yes Is the Only One

Costas Meghir | Posted 07.04.2015 | World
Costas Meghir

Understanding the consequences of leaving the Euro has to be analyzed in two separate parts: first the consequences during the transition to the drachma and second the long-term outlook for the Greek economy with its own currency. The transition is, of course, hugely important.

Greece Reportedly Ready To Accept Revised Deal

Reuters | Atul Prakash | Posted 07.01.2015 | World

LONDON, July 1 (Reuters) - European shares extended gains on Wednesday after a report saying that Greece was ready to accept most conditions from it...

Greece Will Not Pay IMF Debt Due Tuesday, Finance Minister Confirms

AP | Posted 06.30.2015 | Business

ATHENS, Greece (AP) — Greek Finance Minister Varoufakis confirms Greece will not pay IMF debt due Tuesday....

Meeting On Greece Wraps Up Without Deal

AP | DEREK GATOPOULOS and RAF CASERT | Posted 06.26.2015 | World

BRUSSELS (AP) -- The bitter standoff between Greece and its international creditors was extended into the weekend, just days before Athens has to meet...

Between Default and Reform: The Night and Day Options for the Greek Economy

Costas Meghir | Posted 06.24.2015 | World
Costas Meghir

The obvious alternative to the catastrophe that the government is contemplating is to implement real structural reforms. This would first require a deal with the creditors to keep Greece afloat.

Quiz: Who Can Save Greece From Collapse?

Triantafyllos Xylouris | Posted 06.15.2015 | World
Triantafyllos Xylouris

Given the abundance of talent in Greece with not many other options to pursue, I truly believe that the startup-scene can generate star players. But we have to stay realistic.

Greece Puts Up Barriers To Prevent Euro Breakup

AP | Posted 05.25.2015 | World

ATHENS, Greece (AP) — Greece's government on Monday ruled out restricting access to bank accounts and the free movement of money if there is no brea...

Talks Between Greece And Its Creditors Appear To Be Back On Track

AP | Posted 05.11.2015 | World

BRUSSELS (AP) — Greece may have only a couple of weeks left before it faces real problems meeting its financial commitments, the country's finance m...

Greece Battles To Avert Catastrophic Funding Crunch

Reuters | Posted 05.05.2015 | World

By Lefteris Papadimas and Jan Strupczewski ATHENS/BRUSSELS, May 5 (Reuters) - Greece blew hot and cold with its euro zone partners on Tuesday as it...

Greek Prime Minister Presses For May Debt Deal

Reuters | Posted 04.28.2015 | World

ATHENS, April 28 (Reuters) - Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an outline deal with international creditors with...

Time Out: Let's Stop the Blame Game in Europe

Yanis Varoufakis | Posted 05.30.2015 | World
Yanis Varoufakis

ATHENS -- Five years after the first bailout was issued, Greece remains in crisis. Animosity among Europeans is at an all-time high, with Greeks and Germans, in particular, having descended to the point of moral grandstanding, mutual finger-pointing, and open antagonism. This toxic blame game benefits only Europe's enemies. It has to stop. Only then can Greece -- with the support of its European partners, who share an interest in its economic recovery -- focus on implementing effective reforms and growth-enhancing policies.

Greece To Run Out Of Cash By April 20 Without Fresh Aid

Reuters | Posted 03.24.2015 | World

By George Georgiopoulos and Thorsten Severin ATHENS/BERLIN, March 24 (Reuters) - Greece risks running out of cash by April 20 unless it secures fre...

Krugman: Greece's Deal Is A Victory For Europe

The New York Times | Posted 02.27.2015 | World

Last week, after much drama, the new Greek government reached a deal with its creditors. Earlier this week, the Greeks filled in some details on how t...

German Parliament Approves Greece's Bailout Extension

AP | GEIR MOULSON | Posted 04.29.2015 | World

BERLIN (AP) — Germany's Parliament overwhelmingly approved the four-month extension of Greece's financial bailout on Friday, despite unease over the...

Dozens Still Trapped On Burning Greek Ferry

AP | ANDREA ROSA and NICOLE WINFIELD | Posted 02.28.2015 | World

BARI, Italy (AP) -- Italian Premier Matteo Renzi says that the evacuation of the Greek ferry that caught fire off Albania has been completed, and that...

Greece Is on to Something

Martina Buchal | Posted 02.14.2015 | Impact
Martina Buchal

Whether it's the economy, unemployment, social or environmental issues, there is always something we are up against. What we choose to do in the face of that adversity, however, I believe, is what will define us as a generation.

'Give Greece A Chance'

The Huffington Post | Eline Gordts | Posted 11.21.2014 | World

In a scathing editorial published on Friday, Bloomberg View accused the so-called "Troika" of raising absurd and counterproductive demands during talk...

Welcome To Huffington Post Greece

Sophia Papaioannou | Posted 01.19.2015 | Media
Sophia Papaioannou

This is a journey we hope will include the voices of all Greeks, from the farthest-flung islands in the Aegean and Ionian Seas to the major cities to the mountain villages.

In Greece, Orthodox Priest Buys Inmates Their Freedom

AP | COSTAS KANTOURIS | Posted 08.10.2014 | Religion

THESSALONIKI, Greece (AP) — Germany made headlines this week by letting Bernie Ecclestone, the Formula One chief, pay $100 million to end his briber...