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Greek Bailout

Meet The Greeks On Both Sides Of Sunday's Referendum

HuffPost Greece | Alexis Gaglias & Sally Lynn Edmonds | Posted 07.04.2015 | World

Tens of thousands of protesters took to the streets of Athens Friday night, two days before Greeks are expected to vote in a crucial referendum on a b...

EasyJet Founder Giving Out Free Meals To Athenians Who Can't Afford Food

The Huffington Post | Nick Visser | Posted 07.02.2015 | World

As the Eurozone gropes for a solution to the massive Greek debt crisis, many people are struggling to withdraw their own money from ATMs, let alone pu...

Greek PM Says Greece May Accept Bailout

Reuters | Posted 07.01.2015 | World

BRUSSELS, July 1 (Reuters) - Greek Prime Minister Alexis Tsipras has written to international creditors saying Greece could accept a bailout offer p...

In Greece, People Are The Measure

Manolis Glezos | Posted 06.30.2015 | World
Manolis Glezos

The supporters of Troika have revealed themselves. They are not interested in the Greek people; they are interested in the banking system. We hear views like, "Banks are the backbone of the national economy." But we don't hear anything concerning the Greek people who suffer.

Let Greece Leave the Eurozone

Ivan Eland | Posted 06.30.2015 | World
Ivan Eland

Greece has long been irresponsible financially -- originally having excessive pensions, early retirement ages, an over-regulated and corrupt economy, 20 percent of the workforce in the employ of a bloated government, and uneven tax collection.

Paul Krugman: Vote 'No' On Greek Bailout Referendum

The Huffington Post | Alexander C. Kaufman | Posted 06.29.2015 | Business

Paul Krugman is urging Greeks to vote “no” in a referendum that could determine their country’s future in the European Union. In a New York T...

'Greek Bailout Fund' On Indiegogo Is Just As Depressing As It Sounds

The Huffington Post | Alexander C. Kaufman | Posted 06.30.2015 | Business

Someone is trying to crowdfund $1.8 billion for Greece. They've got a long, long, long way to go.

Greece To Close Banks And Stock Exchange On Monday

Reuters | Posted 06.29.2015 | World

By Lefteris Papadimas and John O'Donnell ATHENS/FRANKFURT, June 28 (Reuters) - Greek banks and the stock exchange will be shut on Mond...

Top EU Leader On Greece Talks: 'We Need Pragmatic Solutions, Not Big Debates'

The Huffington Post | Nick Robins-Early | Posted 06.24.2015 | World

European Parliament President Martin Schulz said Wednesday that creditors have made offers to the Greek government that should result in an acceptable...

Greek PM Tussles With Creditors As Debt Talks Enter Final Stretch

AP | LORNE COOK and DEREK GATOPOULOS | Posted 06.25.2015 | World

BRUSSELS (AP) -- Greece was trying to bridge major differences with creditors Wednesday on a plan to make more reforms in the country in exchange for ...

Greek Offer In Bailout Talks Stirs Angry Backlash At Home

Reuters | Posted 06.23.2015 | World

By George Georgiopoulos and Michele Kambas ATHENS, June 23 (Reuters) - Greece's leftwing government expressed confidence on Tuesday that parliament...

Act III of the Greek Tragedy

Richard Finger | Posted 06.23.2015 | Politics
Richard Finger

What is about to happen in Greece could be another Sophocles sequel.

Greece's Latest Offer In Bailout Talks Raises Hopes For Agreement

AP | Posted 06.22.2015 | World

BRUSSELS (AP) — Greece has finally offered economic reforms that creditors consider potentially acceptable, giving Prime Minister Alexis Tsipras a c...

Greek Government Signals New Concessions As Debt Talks Deadline Looms

Reuters | Posted 06.20.2015 | World

By Lefteris Papadimas ATHENS, June 20 (Reuters) - Greece's left-wing government promised on Saturday to offer concessio...

Merkel Says Greek Bailout Deal Still Possible If Athens Shows The Will

Reuters | Posted 06.18.2015 | World

By Paul Carrel and Angeliki Koutantou BERLIN/ATHENS, June 18 (Reuters) - German Chancellor Angela Merkel said on Thursday a deal betwe...

Greek Central Bank Warns Country Will Likely Exit EU Without Deal

AP | By DEREK GATOPOULOS and RAF CASERT | Posted 06.17.2015 | World

ATHENS, Greece (AP) — Greek Prime Minister Alexis Tsipras says demands by the country's rescue lenders to slash pensions are "incomprehensible" and ...

Greek Bailout Talks End Without Breakthrough In Brussels

AP | RAF CASERT and DEMETRIS NELLAS | Posted 06.14.2015 | World

BRUSSELS (AP) — The European Commission said Sunday that weekend talks to find common ground between international creditors and Greece were unsucce...

Greek PM Tsipras Insists On Debt Relief As Negotiations Resume

Reuters | Posted 06.13.2015 | World

ATHENS/BRUSSELS, June 13 (Reuters) - Greek Prime Minister Alexis Tsipras said he was willing to accept unpalatable compromises to secure a deal with i...

Merkel Warns Greece Time Is Running Short

Reuters | ELENA BECATOROS | Posted 06.09.2015 | World

ATHENS/KRUEN, Germany, June 8 (Reuters) - Greece proclaimed a new willingness to compromise with its international creditors on Monday, as German Chan...

The Greek Crisis Needs Mediation Now, Not More Confrontation

Nicos E. Devletoglou | Posted 05.26.2015 | World
Nicos E. Devletoglou

Greece needs an honest break to get ahead: by completing ex post all known far-reaching structural reforms required to help transform its economy -- languishing in disarray for too long -- into an engine of progress.

How Tsipras Squandered Greece's Opportunity

Joschka Fischer | Posted 06.30.2015 | World
Joschka Fischer

BERLIN -- Tsipras squandered Greece's opportunity, because he and other Syriza leaders were unable to see beyond the horizon of their party's origins in radical opposition activism. They did not understand the difference between campaigning and governing. Realpolitik, in their view, was a sellout. Of course, it is precisely the acceptance of necessity that marks the difference between government and opposition.

The Greek Default Will Be Soon... Drachma Here We Come

Richard Finger | Posted 06.26.2015 | World
Richard Finger

Greece will reintroduce the Drachma, which, I predict, will initially devalue at least 30 or 40 percent versus the Euro. Unfortunately, Greece imports are nearly twice their exports ($60 billion to $33 billion).

Greece Under Fire From Creditors As Bailout Talks Drag On

AP | PAN PYLAS | Posted 06.24.2015 | World

RIGA, Latvia (AP) — Greece's European creditors sought to douse talk that they are making plans for a potential Greek exit from the euro and express...

Greece Gets A Bit Of Good News As Fiscal Crisis Approaches

Reuters | Posted 05.19.2015 | 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 04.30.2015 | World

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