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Greek Crisis

Prince Michael of Greece: 'Greeks Don't Like People in Power'

Alain Elkann | Posted 07.30.2015 | World
Alain Elkann

Greece is the heart of Europe. I find the existence of the euro modern and practical. Since we have had the euro the cost of life went up, but we need to be in Europe.

Germany, Greece, and the Future of Europe

Jeffrey Sachs | Posted 07.28.2015 | World
Jeffrey Sachs

Year after year, Greece's creditors have promised that the bailout packages would bring about a meaningful rebound in output, employment, and exports. Instead, the country has experienced a depression comparable to the decline in output and employment that Germany suffered from 1930 to 1932.

Greeks, a Nation Hating Itself

Thanos Dimadis | Posted 07.22.2015 | World
Thanos Dimadis

I'm traveling back to my country dominated by a feeling of sadness. There is no more depressing thing for someone than to see his nation be stagnated in misery and depression caused by the high unemployment rates and lack of any light of hope for a better future.

The Privatization Plan for Greece Should Be a Stigma on Europe's Conscience

Yanis Varoufakis | Posted 07.21.2015 | World
Yanis Varoufakis

ATHENS -- The plan is politically toxic because the fund, though domiciled in Greece, will effectively be managed by the troika. It did not have to be this way. At a turning point in European history, our innovative alternative was thrown into the dustbin.

Europe's Worst Crisis in Decades Is Also Populism's Greatest Opportunity

Julian Baggini | Posted 07.20.2015 | World
Julian Baggini

BRISTOL -- Populism appeals to the "will of people" but is actually profoundly undemocratic. Democracy is about the negotiation of competing interests and the balancing of different values. Populism, in contrast, is a kind of mob rule. Where there is complexity, it offers simple solutions. Instead of seeking common ground, it looks to exaggerate the differences between them and us.

Dear Greek Children: I'm Sorry for the Smouldering Garbage Heap We've Left You

Diane Kochilas | Posted 07.17.2015 | World
Diane Kochilas

I simply want to tell you the naked truth as I see it. The truth is always radical. After that, I can only hope you will summon the courage to step over the smoldering garbage heap we've left for you to clean up, to forgive us, and to get on with the job.

France vs. Germany

Mauro Guillén | Posted 07.13.2015 | World
Mauro Guillén

For France, European integration is a goal to be achieved regardless of the cost. For Germany, although European unity figures prominently on its agenda, the speed and depth of European integration must be analyzed pragmatically, weighing the benefits and the costs.

Half-truths in the Greek Crisis Conceal the Big Picture

Haridimos Tsoukas | Posted 07.10.2015 | World
Haridimos Tsoukas

True statesmanship is finding the courage and having the intelligence to be wise without experiencing tragedy -- to see the big picture, to acknowledge the right of the other side, to craft space for compromise. Can Eurozone leaders live up to that challenge?

Greeks License Prefixes

Greg Hampikian | Posted 07.09.2015 | Comedy
Greg Hampikian

Athens. Greek Prime Minister Alexis Tsipras announced a new bailout plan, trademarking Greek prefixes and suffixes. "The Greek alpha™bet...

Greek Crisis: Only the Beginning

Daniel Speckhard | Posted 07.09.2015 | World
Daniel Speckhard

While we all watch with shock as Greece goes into an economic death spiral, much bigger waters are stirring with long term consequences for all of us.

The Greek 'Oxi,' or No vote - Some Historical Context

Anne Speckhard | Posted 07.07.2015 | World
Anne Speckhard

After five years of austerity and facing the equivalent of the U.S. Great Depression, the current Greek government Sunday held a referendum to vote on the EU, Central Bank and IMF austerity measures and bail-out plan, urging voters to say no, or 'oxi', to the referendum.

Cash Crisis Paralyzing Greece's Olive Oil Industry

Reuters | Tom Pfeiffer and Angeliki Koutantou | Posted 07.07.2015 | World

LONDON/ATHENS, July 7 (Reuters) - The cash economy emerging after the closure of Greece's banks is beginning to paralyze the country's vital olive oil...

This Greek Tragedy Could Be Europe's As Well

Jeff Faux | Posted 07.05.2015 | Politics
Jeff Faux

Like the chorus of a drama played out in some ancient Athenian amphitheater, Europe's politicians and pundits chant that the Greeks deserve their fate; they violated the sacred dictum of the Gods of Finance -- that countries must not live beyond their means. Therefore, they must be punished.

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...

Eurozone Crisis: Greece's Syriza Proves Unfit To Govern

Marco Vicenzino | Posted 06.26.2015 | World
Marco Vicenzino

For the past five months, the Tsipras government has presided over economic contraction, commercial paralysis, political polarization at home, diplomatic deadlock abroad and billions in withdrawals from Greek banks.

Germany's Leadership Role in Advancing Economic Freedom: Opportunity for All, Favoritism for None

Natasha Srdoc | Posted 06.19.2015 | World
Natasha Srdoc

The topics of strengthening the transatlantic partnership and advancing economic freedom were brought to the forefront, when we gathered in Brussels at a dinner event of the Konrad Adenauer Foundation in December 2014.

A Small Family Business Struggles with the Current Greek Crisis

Glen Browder | Posted 06.08.2015 | World
Glen Browder

Almost a century ago, Simeon Ignatidis opened a food store in a small village of Eastern Greece. Simeon's little store became a bigger store, somewhat like his cat, named "Catos", who became the shop's mascot and purred around his legs during those long workdays.

How a Grexit and Brexit Would Unravel Europe

Joschka Fischer | Posted 06.01.2015 | World
Joschka Fischer

BERLIN -- The combination of Grexit and Brexit, and its consequences not just for the stability of the eurozone, but for the continued existence of the EU, is probably the greatest danger that Europe has faced since the Cold War's end.

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

Thanos Dimadis | Posted 04.26.2015 | 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.

Is Greece Europe's Core Problem?

Thanos Dimadis | Posted 04.14.2015 | World
Thanos Dimadis

While the European project is struggling to remain afloat through the destructive, vicious circle of austerity and dogmatic monetary policy choices th...

Back to the Future: Capitalizing on the Traditional Greek Diet is a Key Part of Solving the Crisis for Greeks

Stefanos N. Kales | Posted 03.28.2015 | Healthy Living
Stefanos N. Kales

The evidence of the international scientific community is compelling in favor of the Greek Mediterranean Diet, and the market is in love with anything Greek, while at the same time Greece is in such a tough situation.

The Banker Outside Your Door: Greek Elections 2015

Christos Terzides | Posted 03.24.2015 | Politics
Christos Terzides

Let me share the story of a group of five dear friends over the last five years. In 2010, my friends decided to pool their life savings to open a magnificent restaurant at the foot of the Acropolis, in the city where democracy was born, Athens...

Why Early Elections Aren't a Risk for Greece

Thanos Dimadis | Posted 02.18.2015 | World
Thanos Dimadis

Some analysts predict that the current political instability in Greece is going to drag the country back into a new tragedy of uncertainty, economic meltdown and a Grexit potentially.

Greek President Tells Arianna: 'Troika Acts As If They're Speaking To Rocks, Not People'

Huffington Post Greece | Giannis Pitaras | Posted 11.21.2014 | World

President of the Greek Republic Karolos Papoulias leveled heavy criticism against the "Troika" of organizations that handled his country's financial c...

Turning Ideas Into Action for the Mediterranean

Ambassador Gianna Angelopoulos | Posted 12.29.2014 | World
Ambassador Gianna Angelopoulos

I can think of no better place to bring CGI's legacy of leadership and action to Europe than Athens. I believe attendees will be able to see the Mediterranean region the way that I see it: A region with a rich history, and - if enough people take action - an even richer future.