Greece is a nation fearful for its survival -- not because of global warming but because of another human-induced tragedy, debt. Indeed, the debt crisis is so severe that, for all intends and purposes, Greece is not thinking of global warming. She should.
Today is Monday the 29th of July. I am writing this from London, the city where I have built my career and life upon graduating from business school. ...
It's hard to find anything written or spoken about Greece that doesn't contain a great deal of hand wringing about the alleged austerity - brutal fiscal austerity -- that the Greek government has been forced to endure at the hands of the so-called troika.
Looking back at the five months that preceded last Friday night's shock referendum call, it is evident that the government made numerous grave negotiating mistakes.
Defaults are difficult. But even more so is austerity. The good news for Greece is that, as Argentina showed, there may be life after debt and default.
For the last quarter century, which is half of her life, Elpida The Souvlaki Lady has been stationed on 33rd Street at Ditmars Boulevard.
I've publicly supported Greek Prime Minister Alexis Tsipras's decision to go hold a referendum on the terms of an agreement proposed by Greece's creditors, mainly the IMF, in exchange for additional financing for the country.
The announcement that the banks and stock market in Greece would be closed was made by the Greek Prime Minister on Sunday, June 28, 2015. Within 24 hours, markets around the world declined in value. There wasn't any country you could escape to for safety.
European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics.
As Greece hurtles towards a default on its IMF loan this week and an exit from the euro, it's easy to point the finger of blame at the Mediterranean nation.
Today, the Earth got a little hotter, and a little more crowded. ...
ATHENS -- It seems extraordinary how averse we have become to democracy. How alien an honest leader, who is unwilling to sell the country out in exchange for continuing power, appears. Tsipras is what all leaders should actually be like. We have simply become so accustomed to seeing things through the warped prism of political expedience, that democracy as it should be appears twisted.
A little over twenty-five years ago I made my first trek to Greece and Cyprus. One of the things I recall younger Greeks criticizing their elders for was their lacking of belief in the newly introduced 'every-man's' banking system.
If Russia does not seize the opportunity to bail out Greece, we can conclude that the Russian economy is in much worse shape than anticipated. There is also an interesting observation to be made behind the gunpowder smoke in Ukraine, Iran's alleged nuclear weapons program and several other geopolitical issues.
BUENOS AIRES -- Athens in 2015 will become like Buenos Aires in 2001. Greeks now face the prospect of prolonged capital controls, severe political unrest and eventually a confiscation of ordinary citizens' savings to finance a government's withdrawal from the world.
OK, there's absolutely no evidence that Orpheus, the mythical musician who set the trees and rocks a-dancing with his melodies but lost his wife Eurydice forever with that fateful, most verboten backward glance on the way up from Hades where a nasty snake bite had dispatched her, was born here in Xanthi in Thrace.