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Greek Debt Crisis

Looking Back at Tsipras's Lost Opportunities and Forward to Greece's Future

Kyriakos Mitskotakis | Posted 02.28.2015 | World
Kyriakos Mitskotakis

Europe, now more than ever, needs a persuasive alternative to counter the German insistence on austerity. Instead, Tsipras decided to partake in some shadowboxing for the viewing pleasure of the Greek public.

The Buck Stops Here: Greece Is Fighting to Save Europe

Mark Weisbrot | Posted 02.27.2015 | Politics
Mark Weisbrot

Citizens of the eurozone countries didn't know when they formed the monetary union that they were not only losing their sovereign and democratic rights to control their most important macroeconomic policies. They had also ceded this power to people with an anti-social-Europe agenda. Now Greece is trying to get some of that democracy back.

A One-Room School and Reclaiming Economic Sovereignty

Peter Block | Posted 02.25.2015 | Impact
Peter Block

History is often a useful arbitrator of what's possible; for the many who imagine that debt forgiveness simply is not possible, it's worth remembering what happened sixty-one ago: In 1953 in London an agreement was reached to cancel half of Germany's post-WWII debt.

Eurozone Ministers Approve Greek Reform To Extend Bailout

AP | Posted 02.24.2015 | World

BRUSSELS (AP) — Greece's creditors in the 19-country eurozone on Tuesday approved a list of reforms Athens proposed to get a 4-month extension to it...

Socialism or Barbarism? Syriza, Economics, and Democracy

Jedediah Purdy | Posted 02.19.2015 | Politics
Jedediah Purdy

Restated for the 21st century, "socialism" simply means that a people's judgments about its own economic life come before the supposedly iron rules of the international economy. It would be fair to call it "economic democracy." The condescending view of the Greeks as somehow not understanding economic reason and the direction of history writes off this kind of economic democracy as infeasible, archaic, and probably senseless. Syriza's government has a chance to reverse the lens. Economic democracy (or, as Syriza calls it, socialism) is politics that puts human needs first and accepts that market-based destabilization, impoverishment, and humiliation are not natural disasters or comeuppance for bad behavior but forms of political violence.

Greece and Europe on the Edge

Evaggelos Vallianatos | Posted 02.19.2015 | Politics
Evaggelos Vallianatos

If Greece leaves Europe, the EU dream will be gone for good. Second, other European countries like Portugal, Spain and Ireland, also under the humiliations of debt, might imitate Greece and exit the EU. It's in the political interests of the U.S. to intervene decisively and prevent the break up of the Western world.

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

Terry Connelly | Posted 02.18.2015 | 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...

The Economic Ruination of Greece

Harlan Green | Posted 02.18.2015 | World
Harlan Green

Its unemployment rate is 25.8 percent, the worst in the eurozone (slightly more than Spain's 23.7 percent), as it has been in a deflationary spiral, further depressing its economic activity.

Greece: Europe's Identified Patient

Nancy K. Humphreys | Posted 02.17.2015 | Business
Nancy K. Humphreys

This lemon just can't be squeezed any harder--no matter how badly Germany and the rest of euro zone wants the money they perhaps shouldn't have "loaned" to Greece in the first place...

The Influence Game and the Hungry Dog: The Greek Case

Christos Terzides | Posted 02.17.2015 | Politics
Christos Terzides

Greece is the birthplace of democracy. Theater. Philosophy. It is the cradle of all Western civilization. Today is a country that has been pushed into a corner. Or rather, it is a starving dog waiting for someone to feed it. And a hungry dog will follow the hand that feeds it.

Can Greece Force a New Deal?

Robert Kuttner | Posted 02.16.2015 | 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.

Is Greece Europe's Core Problem?

Thanos Dimadis | Posted 02.13.2015 | 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...

'Kolotoumba': The New Greek Word for Hope

Justine Frangouli-Argyris | Posted 01.28.2015 | World
Justine Frangouli-Argyris

The Greek word "kolotoumba," or somersault, indicative of a complete reversal in one's thinking or policies, has become the new catchphrase of the Greek political scene, repeatedly trumpeted in the local media as well as the foreign press.

What You Need To Know About Alexis Tsipras

HuffPost Greece | Katerina Prifti | Posted 01.27.2015 | World

Alexis Tsipras, the leader of the Greek Coalition of the Radical Left -- best known by its acronym, Syriza -- is the focus of attention in Europe afte...

HuffPost Exclusive: Greece Pre-Election Poll

HuffPost Greece / Focus Bari | Posted 01.26.2015 | World

These days, most polls are centered on the intent to vote and the popularity of political leaders. We at The Huffington Post Greece understand the peo...

Hello 2015. Goodbye Austerity?

Dimitri B. Papadimitriou | Posted 01.08.2015 | World
Dimitri B. Papadimitriou

Greece is facing front, looking towards the new year and the upcoming January elections. But it would be foolish not to learn from a look backwards, as well.

How Merkel's Austerity Plans Are Making Half Of Europe Sick – And The Way Out

Huffington Post Germany | Sebastian Christ | Posted 12.01.2014 | World

There's nothing Germans love quite like spending less. Incredibly wealthy billionaires like IKEA's founder, Ingvar Kamprad, or Theo Albrecht, founder...

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...

Saving Greece From Within: Greek Volunteers Manage the Impossible

Vasilis Georgiou | Posted 08.22.2014 | Impact
Vasilis Georgiou

The story of how the Metropolitan Community Clinic at Helliniko (MCCH) came to be, is the model of how the Greek people can triumph over adversity and...

It's Time to Give Back to the Greeks

Vasilis Georgiou | Posted 09.20.2014 | Impact
Vasilis Georgiou

I have two passions in my life: Helping entrepreneurs find the right franchise or business to buy, and trying to give something back to society throu...

The Jobs-Currency Connection in Greece

Dimitri B. Papadimitriou | Posted 05.25.2014 | Business
Dimitri B. Papadimitriou

Restoring domestic demand needs to be Greece's economic policy emphasis. Despite any downsides, a parallel currency that supports an employment guarantee program would be a U-turn towards rebuilding the population's purchasing power -- and rebuilding Greece's ravished economy.

Greece 2.0

Marco Veremis | Posted 05.07.2014 | Business
Marco Veremis

A growing number of young Greeks are creating new economic foundations -- reacting to the crisis by creating export-oriented businesses largely driven by technology.

A Commentary on Greece's Economic Outlook

Evangelos A. Calamitsis | Posted 04.23.2014 | Politics
Evangelos A. Calamitsis

Greece needs to put an end to fiscal austerity and abandon the current reform program supported by its euro area partners and the International Monetary Fund (IMF).

Greece Will Likely Begin Recovery This Year: Is Austerity Working?

Mark Weisbrot | Posted 03.26.2014 | Politics
Mark Weisbrot

The Greek economy is going to grow next year because of a significant policy reversal. The fiscal tightening is basically coming to an end. Why is this so important? Because the people who supported the policy of the last four years will, when the Greek economy begins to recover, claim that the "austerity worked." But even the IMF's own analysis refutes this claim.

Self-Reliance for Greek Independence

Evaggelos Vallianatos | Posted 02.25.2014 | Politics
Evaggelos Vallianatos

Americans can help Greece by demanding IMF leaves the country. Their moral support for the Greek struggle and visits to the country as tourists can bridge a new honest relationship between Greece and America.