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Greece Recession

Why Not to Worry About Europe

Gene Marks | Posted 10.27.2012 | World
Gene Marks

Instability in Europe's banking system could very well affect many of our own financial institutions. Rising unemployment could cause political instability, a disruption in the flow of goods and yet another reunion of The Spice Girls to distract the populace. Yes, these are grave concerns.

Greek PM Pledges Growth As Recession Deepens

AP | NICHOLAS PAPHITIS | Posted 09.23.2012 | World

ATHENS, Greece — Greece's prime minister warned Tuesday that the country's battered economy is expected to contract by 7 percent this year, but ...

Greece Is the Wor(l)d

Alexia Amvrazi | Posted 04.13.2012 | World
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.

Greek Man In Debt Sets Self On Fire (WARNING: Graphic Photos)

AP | Posted 11.16.2011 | World

Associated Press THESSALONIKI, Greece -- Greek authorities say a 55-year-old man has been hospitalized with chest burns after dousing himself with ...

Unexpectedly Large Recession Causes Greece To Miss Budget Targets

Posted 09.10.2011 | Business

A deeper-than-expected recession caused Greece's central government deficit to widen by almost one third in the first half of the year, widely mis...

Greek Debt Crisis Worsens: Prime Minister George Papandreou Admits Another €110 Billion Needed To Prevent Default

Sheldon Filger | Posted 08.21.2011 | Business
Sheldon Filger

I was not alone in being skeptical as the first European/IMF bailout package was cobbled together last year when the Greek sovereign debt crisis first...