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Greek Debt Crisis

Greece and the European Project: Canary in the Coal Mine?

Daniel Speckhard | Posted 10.30.2015 | World
Daniel Speckhard

After serving for two challenging years in the chaos of a war zone as the Deputy Chief of Mission in Iraq, I received word that I would become the next Ambassador to Greece. To be quite honest, I had mixed feelings.

In Greece, a Little Goes a Long Way

Marilyn Harding | Posted 09.29.2015 | Small Business
Marilyn Harding

"A little goes a long way" is usually the mantra of the travel companies encouraging clients to take advantage of Greece, this economically-beleague...

Greece: Caught Between an Economic Rock and a Political Hard Place

Michael G. Jacobides | Posted 09.21.2015 | Politics
Michael G. Jacobides

Yesterday's elections gave Alexis Tsipras an unexpectedly large lead, confounding both the pollsters and most observers' expectations. This was an election won on feelings, not facts. Sven among SYRIZA's own voters, negative views of its handling of the economy failed to dent its lead.

Sitting Down With Professor Robert Aumann

Thanos Kampylis | Posted 09.10.2015 | World
Thanos Kampylis

During the first World Science Conference Israel 2015, which took place in Israel from August 15 to August 21, and which I had the honor of attendin...

Greek Americans Continue Fight For Greece After Debt Deal

The Huffington Post | Daniel Marans | Posted 09.02.2015 | Politics

Greece may be out of the headlines, but it is not off the Greek-American community’s agenda.  That was the message of a briefing call cond...

The Viability of the Greek Debt: Feeding the Minotaur

Κωνσταντίνος Τζάνος | Posted 09.02.2015 | World
Κωνσταντίνος Τζάνος

How it can be demanded to prepay taxes on income that has not materialized, and especially in an environment of economic depression which makes this materialization questionable and the demand by itself contributes further to the depression?

Germany Supports Greece

Christos Terzides | Posted 08.25.2015 | World
Christos Terzides

The truth of the matter is that the Greek people will never see the bailout funds being used for growth or to reboot the Greek economy, as the European leadership claims. The €86 billion will be paid out in tranches

Solidarity or Self-interest? European Integration and the German Question

David Miles | Posted 08.21.2015 | Politics
David Miles

The challenge for the European Union and its member states, particularly Germany, is in balancing the often incongruous demands of co-operation and self-interest, and thus demonstrate to their own citizens that concrete achievements can still create a Europe of solidarity and prosperity as Schuman envisaged.

Greece's Euro Partners Approve Billions In New Bailout Loans

AP | Charlotte Alfred | Posted 08.14.2015 | World

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Greek Lawmakers Approve Bailout Despite Syriza Rebellion

AP | Charlotte Alfred | Posted 08.14.2015 | World

ATHENS, Greece (AP) -- Greek lawmakers approved their country's draft third bailout on Friday after a nearly 24-hour marathon parliamentary procedure...

26 Crazy Ideas To Help Greece

Nicole Neroulias Gupte | Posted 08.14.2015 | Impact
Nicole Neroulias Gupte

Have some empathy for the struggling families that inevitably bear the brunt of economic disasters, despite the bankers and lawmakers who continue to encourage and profit from irresponsible behavior.

What The Greek Government Isn't Saying About The New Bailout Deal

The Huffington Post | Daniel Marans | Posted 08.12.2015 | World

The bailout deal Greece finalized with creditors on Tuesday, worth up to $94 billion, won't bring significant relief from austerity, contra...

No Way Out: A 21st Century Greek Tragedy

Joseph V. Micallef | Posted 08.10.2015 | World
Joseph V. Micallef

The EU cannot acknowledge that Greece is bankrupt or that its Greek debts are uncollectible because, at least for now, no European leader wants to take blame for losing billions of Euros of national wealth.

27 Powerful Pieces Of Graffiti That Paint Greece's Frustration Amidst Crisis

The Huffington Post | Sara Elkamel | Posted 08.08.2015 | World

Greece’s debt crisis reached new heights last month as the government in Athens and the country's international creditors engaged in contentiou...

Legalized Pot Could Help Solve The Puerto Rico Debt Crisis

Steve Siebold | Posted 08.05.2015 | Politics
Steve Siebold

Could marijuana legalization save the Puerto Rican economy? Right now, marijuana possession in Puerto Rico is a serious crime and first-time offenders are slapped with a felony, two to five years in prison and up to a $5,000 fine. But with legalized pot, Puerto Rico can use the tax revenues and fees it collects to help pay off the debt.

Why You Should Travel To Greece To Live History

Ioannis Pappos | Posted 08.04.2015 | Travel
Ioannis Pappos

Last month, "Greek humiliation" spread like fire thanks to headlines in the most factual papers. And bleeding pride is what one will witness if one travels to Greece today -- the same stoic and fearless faces I saw in the people of the Tuamotu Islands in the South Pacific in 1995.

The German Menace

Robert Kuttner | Posted 08.02.2015 | Politics
Robert Kuttner

The EU was created to expand democracy, boost economic growth, and contain Germany within a democratic whole. Instead, it is destroying democracy, crushing growth, and leaving Germany's most churlish impulses to rule Europe. Before it is over, one of history's noblest experiments in enlightened statecraft could end in ruins.

Puerto Rico's Symbolic Power

Maritza Stanchich, Ph.D. | Posted 08.03.2015 | Politics
Maritza Stanchich, Ph.D.

Given Puerto Rico's heightened media visibility, no doubt the world now has its eyes on how the United States will respond to the needs of the island, one of the last colonies in the world.

Greece Hit By Spike In Burglaries And Robberies

The New York Times | Adam Goldberg | Posted 07.31.2015 | World

ATHENS — One evening three weeks ago in Kifissia, an affluent garden suburb of Athens, a retired financial adviser and his wife decided to take ...

Greek Teens React to Crisis: Part 2

Sophia Armenakas | Posted 07.30.2015 | Teen
Sophia Armenakas

The Greek debt crisis reached fever pitch as the EU implemented a new series of austerity measures.

The Greek Komboloi: Through Generations and Even a Debt Crisis Too

Effie Xistris | Posted 07.28.2015 | Travel
Effie Xistris

If you look closely enough from the street corners in Athens and Salonika to the tavernas on the Greek islands' horia, you will certainly see one thing the same as your last trip to Greece.

Greek Teens React to Crisis: Part 1

Sophia Armenakas | Posted 07.28.2015 | Teen
Sophia Armenakas

In the midst of Greece's economic turmoil teens are growing up faster and forming their own political opinions.

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.

How to Repair Europe by Leveraging German Overreach

Nathan Gardels | Posted 07.28.2015 | World
Nathan Gardels

CORFU, Greece -- The opportunity now is to leverage German overreach against itself, like in judo, to flip the agenda of building Europe's future toward a broader approach beyond sovereign debt and the euro.

A Dispatch From Athens

OpedSpace | Posted 07.27.2015 | Politics

For the past two weeks Greece has entered the climax of the Comedy of Errors - that is its six-year-old economic crisis. Banks have closed, referendums called, rallies and counter-rallies have been held, society divided and tales of conspiracies and Armageddon have become commonplace.