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Greek Debt Crisis

Greek Crisis: Only the Beginning

Daniel Speckhard | Posted 07.09.2016 | Home
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.

If Greece Takes On a New Outlook, So Will Europe

Jacques Delors | Posted 07.08.2016 | Home
Jacques Delors

PARIS -- The Greek government must grasp the fact that its democratic legitimacy cannot, by its very nature, take precedence over the democratic legitimacy enjoyed by its European counterparts.

Greece's 'No' Is No Victory for Democracy

Bernard-Henri Lévy | Posted 07.08.2016 | Home
Bernard-Henri Lévy

PARIS -- Ancient Greek had two words for the people: the "demos" of democracy and the "laos" of the mob. With his puerile call to shift the burden of his own errors and his reluctance to reform onto the shoulders of Greece's fellow Europeans, Tsipras is leaning toward the latter manifestation -- and promoting the worst version of Greek politics.

The Euro-Crisis: A Lesson in Four Words

Louis A. Ruprecht, Jr. | Posted 07.05.2016 | Politics
Louis A. Ruprecht, Jr.

I happened to be in Germany two weeks ago, and one of the things that struck me in the Franken region where I was working, was the way they said "No." They rarely used the stricter-sounding German "Nein," opting instead for a more casual- and informal-sounding "Nay."

For a Fistful of Euros...

Nicos E. Devletoglou | Posted 07.08.2016 | Home
Nicos E. Devletoglou

Regardless of political affiliations, the Greek people have now formally registered their protest. At the same time, they accept the Greek government's commitment of defending the integrity of their country as a full member of the eurozone.

Jenny Che

Watch The Internet Freak Out Over The Greek Debt Crisis

HuffingtonPost.com | Jenny Che | Posted 07.08.2015 | Business

Those pretty lights represent explosions of localized tweets.

Dear Germans: Read Some Hegel!

Neni Panourgia | Posted 07.08.2016 | Home
Neni Panourgia

The crisis has exposed the very superficial understanding of democracy that "Europe" and the European Powers have, an understanding that they keep touting as the fundamental value of the Union, while violating it daily.

What Would Socrates Do With Greece?

Canon J.John | Posted 07.08.2016 | Home
Canon J.John

The first thing is that he would seek the truth of the matter. It seems to me that what we are being offered are two separate and irreconcilable narratives.

Daniel Marans

Hillary Clinton Urges Europe To Keep Greece In Eurozone

HuffingtonPost.com | Daniel Marans | Posted 07.07.2015 | Politics

IOWA CITY, Iowa -- European leaders should “exert every effort” to forge a new bailout deal that keeps Greece in the eurozone and allows the indeb...

Young Greeks Aren't The Only Ones Losing Faith In Europe

HuffPost Germany | Sebastian Matthes | Posted 07.07.2015 | Home

Europe is trembling. The Greeks have taken a stance against the rescue policy of their creditors. In truth, however, the Greek youth have voted agains...

Cash Crisis Paralyzing Greece's Olive Oil Industry

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

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...

Daniel Marans

U.S. At Odds With Germany Over Greek Debt Crisis

HuffingtonPost.com | Daniel Marans | Posted 07.07.2015 | Politics

The ongoing Greek debt crisis is pitting the United States against its German ally, as the U.S. pushes for a solution that keeps Greece in the eurozon...

The 'Double Truth' Revealed by Greek Crisis Shows Path Ahead Is a 'Two Speed' Europe

Nicolas Berggruen | Posted 07.06.2016 | Home
Nicolas Berggruen

Europe has arrived at its moment of double truth. The muddling is over with and the path ahead is clear for all to see.

Bernie Sanders Backs Greek Rejection Of Austerity Measures

The Huffington Post | Jacob Kerr | Posted 07.07.2015 | Politics

Democratic presidential candidate Sen. Bernie Sanders (I-Vt.) voiced his support for Greece’s decision to reject a bailout deal that would have come...

Jenny Che

Former Greek Finance Minister Dubbed 'Minister Of Awesome'

HuffingtonPost.com | Jenny Che | Posted 07.07.2015 | Business

O_o

Daniel Marans

Debt Relief Could Be Greece's Reward For Standing Up To Europe

HuffingtonPost.com | Daniel Marans | Posted 07.06.2015 | Home

The creditors of nations long enforced their claims by the cannons of government and, in some cases, the cannons of companies. They called it gunboat ...

White House: Greece Should Be Allowed To Remain In Eurozone

The Huffington Post | Mollie Reilly | Posted 07.06.2015 | Politics

The White House is urging European and Greek leaders to reach a compromise on Greece's debt crisis, arguing that the country should be allowed to rema...

What Will Save the Euro?

Harlan Green | Posted 07.06.2016 | Business
Harlan Green

Now that Greece has voted "no" on the latest proposal by the European Commission, the European Central Bank, and the International Monetary Fund (the so-called "troika"), will Greece stay in the eurozone? If so, Greece may save the euro.

Why Greek Youth Voted 'No'

The GroundTruth Project | Posted 07.06.2016 | Home
The GroundTruth Project

Asked to explain their votes, Greek youth supporting "no" often framed their arguments in terms of dignity, pride, and revenge against institutions they blame for stalling their lives.

The Greece That Can Say No: History's Lessons Applied to the Greek Debt Crisis

Sheldon Filger | Posted 07.05.2016 | Home
Sheldon Filger

As in 1940, despite the hard road mandated by their decision, the Greek people have placed national honor and dignity on a higher plane than the only other alternative on offer: an ultimatum based on collective indignity and national impoverishment .

After the 'No' Vote, Can Greece Remain in the Euro?

Andreas A. Papandreou | Posted 07.04.2016 | Home
Andreas A. Papandreou

The reason that we cling to Europe, the EU and the Euro despite all our suffering and however much we attribute to their poor handling of our present predicament, is that with all the disillusionment we have in the capacity of our own governments and our institutions, imperfect Europe remains our beacon of hope.

The Final Mistake of a Bad Negotiation

Dimitris Katsikas | Posted 07.04.2016 | Home
Dimitris Katsikas

The decision to hold a referendum on the creditors' proposal is the final act in a drama that started five months ago, when the new Greek government initiated a new round of negotiations with the country's creditors.

Weekend Roundup

Arianna Huffington | Posted 07.03.2016 | Politics
Arianna Huffington

This week, while the U.S. celebrates its independence, the world watches a modern Greek tragedy unfold as Greece votes on austere bailout terms imposed by the country's creditors. However the vote goes, one thing is clear: The austerity that came with the two previous bailouts has utterly broken the Greek economy. GDP has gone down nearly 30 percent. A quarter of the country is unemployed, including half of its young people. Pensions have been slashed. The health budget has been cut by 40 percent. Suicides are up 36 percent since 2008. The Troika has authored a new Greek myth -- that you can cut your way to growth. And now they're back, demanding more of what's already shattered the economy. The question is will they shatter the spirit of the Greek people? Just as we value our independence, so do the Greeks, who, after all, invented democracy. No matter the outcome of the vote, feeling some measure of control will help keep Greece's spirit alive.

What the Referendum Means for Greece

Elena Ambrosiadou | Posted 07.03.2016 | Home
Elena Ambrosiadou

Plans based on common sense of purpose and partnership in problem solving are the basis for delivering the much needed change. There are many areas which should be subject to deep structural reform. The willingness has to be there from both sides.

The Tragedy Of Greece's Referendum

Pavlos Tsimas | Posted 07.03.2016 | Home
Pavlos Tsimas

That whatever has happened (in the name of decency and self-determination, supposedly) during the past few days, the end of negotiations, the closing of the banks, the sudden fall in our economy, place us defenseless in the hands of our creditors.