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Greek Bailout

Greece Gets A Bit Of Good News As Fiscal Crisis Approaches

Reuters | Posted 03.20.2015 | World

BRUSSELS, March 20 (Reuters) - Greece promised on Friday to speed up implementation of its extended bailout agreement and send a full list of detail...

Greece Accuses Spain, Portugal Of Conspiring To Topple Anti-Austerity Government

Reuters | Posted 02.28.2015 | World

* Spain, Portugal leading "axis of powers" against Athens-PM * Portuguese leader denies taking hard line on Greece * Ger...

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...

Syriza's First 'Defeat' -- What Does It Mean?

Thanos Dimadis | Posted 02.24.2015 | World
Thanos Dimadis

For the moment what matters for the vast majority of Greek people is that for the first time they feel they have a government which, despite its compromises, has proved that it made its best effort to bring Europe back to the table for a fair and equal negotiation about the terms of the Greek bailout program.

Greek Premier Warns More Difficulties Lie Ahead In Bailout Talks

AP | By DEMETRIS NELLAS | Posted 02.21.2015 | World

ATHENS, Greece (AP) — Greece will submit a list of reforms to be agreed with its creditors Sunday, the country's finance minister said Saturday. ...

Greece Sends Bailout Proposal But Germany Not Impressed

AP | DEREK GATOPOULOS | Posted 02.19.2015 | World

ATHENS, Greece (AP) — Greece heads to another round of negotiations Friday after dropping key demands for a bailout settlement, but still faced stif...

IOU 240 Euros, It's My Problem; IOU 240 Billion Euros, It's Your Problem!

Terry Connelly | Posted 04.19.2015 | Business
Terry Connelly

The first thing to know is that nobody should sell or buy a lot of US stocks or bonds because of the unfolding late-inning melodrama between the new g...

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...

Can Greece Force a New Deal?

Robert Kuttner | Posted 04.17.2015 | Politics
Robert Kuttner

Greece and the European Union could face a showdown in their debt talks as early as this week. And if you had to place odds right now, the likelihood is that the stubbornness of Europe's senior leaders will create a catastrophe for both Greece and the EU. Here is the state of play.

Greece Says "No Way Back" In Bid To Rewrite Bailout Deal

AP | NICHOLAS PAPHITIS and DEREK GATOPOULOS | Posted 02.10.2015 | World

ATHENS, Greece (AP) — Greece's new prime minister struck a defiant tone on the eve of high-stakes negotiations with skeptical European creditors, sa...

Greece Braces For Talks With Germany Amid Market Relief

AP | DEREK GATOPOULOS and COLLEEN BARRY | Posted 02.03.2015 | World

ATHENS, Greece (AP) — Greece's new anti-bailout government confirmed it will hold meetings with lead lender — and critic — Germany this week aft...

Greek Bailout In Focus As EU Parliament Head Visits Athens

AP | ELENA BECATOROS and NICHOLAS PAPHITIS | Posted 03.31.2015 | World

ATHENS, Greece (AP) — The first European official to visit Greece since the country elected a new left-wing government said Thursday that he expects...

Bailout Critic Named Finance Minister As Greece Announces New Cabinet

AP | Posted 01.27.2015 | World

ATHENS, Greece (AP) — A Greek economist and outspoken bailout critic has been named as finance minister in the country's new left-wing government. ...

Where Is the Rule of the Troika Leading Greece?

Constantine Tzanos | Posted 01.27.2015 | World
Constantine Tzanos

Since 2010, Greece is under the rule of the Troika (IMF, European Commission [EC] , European Central Bank [ECB]), which rules under the terms of the ...

Greek Unemployment Hits Record High

Reuters | Posted 11.12.2013 | Business

* June jobless rate climbs to 27.9 pct, up from 24.6 in June 2012 * Youth jobless rate at 58.8 pct ATHENS, Sept 12 (Reu...

How Greek Financial Crisis Is Bringing Out The Good In People

The Huffington Post | Nader Salass | Posted 08.16.2013 | Impact

While the Greek economy survives on rescue loans, the unemployment rate hovers around 26 percent, and the public sector protests against the governmen...

Obama To Meet With Greek Prime Minister

AP | Associated Press | Posted 07.11.2013 | Politics

WASHINGTON -- The White House says Greece's leader will meet with President Barack Obama next month at the White House. Prime Minister Antonis Samara...

Greece in the Balance

Michael G. Jacobides | Posted 09.01.2013 | World
Michael G. Jacobides

The workings of the public sector are so far off what they could and should be, and its existing human resources are so under-utilized that a solid rethink, pushed through with steely determination but also a deft touch, could transform the entire nature of public service in Greece.

IMF Admits 'Notable Failures'

AP | By MARJORIE OLSTER and DEREK GATOPOULOS | Posted 08.05.2013 | Business

WASHINGTON (AP) — The International Monetary Fund acknowledged on Wednesday that it made "notable failures" in the Greek bailout, underestimating ho...

Skip Davos, Go to Tel Aviv

Janet Tavakoli | Posted 08.05.2013 | Business
Janet Tavakoli

The IMF threw Greece under the bus. In particular, it ludicrously downplayed the damage its recommended austerity measures would do to the Greek economy, which is in the grips of a prolonged and deep recession.

Greek Lawmakers Approve Controversial Bailout Provision

Reuters | Posted 06.28.2013 | Business

ATHENS, April 28 (Reuters) - Greek lawmakers on Sunday approved a reform law to unlock about 8.8 billion euros ($8.9 billion) of rescue loans from t...

The Silent Victims of the Greek Debt Crisis

David Fearnhead | Posted 12.24.2012 | Green
David Fearnhead

Greece, widely regarding the starting point of European civilization, is now at the forefront of protecting its wildlife. The future of the euro is not the only thing hanging in the balance should Greece go under.

'There Will Probably Be No More Money'

Reuters | Posted 11.15.2012 | Business

* IMF's Lagarde says more time for Greece is one option * Ministers, heads of state to decide Athens' fate in October B...

WATCH: Frat Boys Bail Out Greece

Posted 08.02.2012 | Comedy

Are frat boys the answer to Greece's financial problems? Probably not, but now we know what it would look like if they tried. Greece's 450 million ...

Greek Deputy Minister Quits Over Debt Talks

AP | Posted 09.08.2012 | World

ATHENS, Greece — A deputy labor minister resigned on Monday from Greece's new coalition government, saying it should have pressed harder to rene...