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Greek Economy

Along With a Group of Desperate Greeks on a Saturday Night

Kelly Fanarioti | Posted 04.27.2016 | World
Kelly Fanarioti

I noticed that I was surrounded by people who were at their most productive age, and who had no dreams for their future at all, not because they had chosen that, but because some people decided so for them, without them.

The Case for Greek Startups

Aristos Doxiadis | Posted 02.25.2016 | Business
Aristos Doxiadis

During the long and deep crisis in Greece some businesses have done well. Tourism as a whole grew, and so did several segments of food and beverage. I...

Truffles, Trahana and Delphi Oracles

Diane Kochilas | Posted 02.25.2016 | Taste
Diane Kochilas

Every morning when I walk my dog, fortunate enough to live in one of the more affluent suburbs of Athens, I see, without fail, an old person searching through the garbage. Sometimes there is more than one, at different bins.

How Global Crowdfunding Might Ease the Greek Crisis

Dr. Maha Hosain Aziz | Posted 09.01.2015 | World
Dr. Maha Hosain Aziz

Crowdfunding could be one way forward for a more stable Greece, whether or not the current bailout deal works. We could just sit and wait and hope for Greece's policymakers, other world leaders and the troika to figure things out - or we could take control.

Anti-Bailout Greek Leftist Party Gets Mandate To Form Government

Reuters | Nick Robins-Early | Posted 08.24.2015 | World

ATHENS, Aug 24 (Reuters) - A radical leftist opposed to Greece's new bailout deal won a presidential mandate on Monday to try to form a new government...

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.

The Financial Crisis in Greece: A Spiritual Crisis in Disguise and an Urgent Call for Change

Maria Benardis | Posted 07.22.2015 | Business
Maria Benardis

Despite the financial crisis in Greece, there are many aspects of Greece that are not in crisis such as the beauty of its environment, food, history, culture and the hospitality of its people.

Greeks Do Not Want to be Pitied

Elena Paravantes RD | Posted 07.10.2015 | World
Elena Paravantes RD

Lately there have been several well-meaning articles inviting and urging readers to help Greece by buying Greek products or planning a vacation in Greece. My answer is this: We would rather you visit Greece and buy Greek products because you like them, not out of pity.

Greece's Debt Crisis Is Hurting Its Even Poorer Neighbors

Reuters | Benet Koleka | Posted 07.08.2015 | World

KAPSHTICA, Albania, July 8 (Reuters) - Sun-beaten and sullen, the four Albanian fruit-pickers returning home from a three-week stint working in Greece...

What Travelers Need To Know About Visiting Greece

The Huffington Post | Suzy Strutner | Posted 07.06.2015 | Travel

Greece's debt crisis is making headlines around the world, but that doesn't mean the country's tourism industry is crumbling, experts say. Major banks...

Greece Votes In Crucial Referendum On Debt Crisis Bailout

The Huffington Post | Nick Robins-Early | Posted 07.05.2015 | World

As partial results of Sunday's highly anticipated referendum trickled in, Greeks appeared to have overwhelmingly rejected the terms of a bailout deal ...

These Economists Are Calling For An End To Greece's Austerity Nightmare

The Huffington Post | Charlotte Alfred | Posted 07.03.2015 | World

A tense standoff between the Greek government and its international creditors reached a breaking point this week. On Tuesday, Greece became the first...

Greek Coffee Shop

Jeff Danziger | Posted 06.30.2015 | Politics
Jeff Danziger

...

Christoph Asche

The Economic Crisis In Greece –- As Told By An Athens Taxi Driver

HuffingtonPost.com | Christoph Asche | Posted 06.17.2015 | World

For an instant, his finger twitches. Should he honk the horn? “Does this have to happen right now?” Dimitris is a taxi driver in the Greek capi...

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...

Yet Another Greek Secret: The Case of Phantom Assets

Steve H. Hanke | Posted 05.06.2015 | World
Steve H. Hanke

When banks are in distress, it is important to assess how easily the bank's capital cushion can absorb potential losses from troubled assets. To do this, I performed an analysis using Texas Ratios for Greece's four largest banks.

Defiance, Greek Style

Anastasia Rubis | Posted 04.21.2015 | Politics
Anastasia Rubis

Reading and watching news of Syriza party's attempts to renegotiate a bailout agreement with the EU and ease austerity in what they term a humanitarian crisis for the Greek people, I've traded doubt and discomfort for a new feeling: respect.

Can Greece Force a New Deal?

Robert Kuttner | Posted 04.17.2015 | 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.

ECB Steps Up Financial Pressure On Greece To Reach Deal

Reuters | Posted 04.06.2015 | World

By John O'Donnell and Jan Strupczewski FRANKFURT/BRUSSELS, Feb 4 (Reuters) - The European Central Bank abruptly canceled its acceptanc...

7 Key Points to Understanding the Greek Elections

Pavlos Tsimas | Posted 03.24.2015 | World
Pavlos Tsimas

The upcoming elections in Greece are undeniably a global event, whose importance transcends Greece's borders.

7 Keys to Understanding the Greek Elections

Παύλος Τσίμας | Posted 03.24.2015 | World
Παύλος Τσίμας

The upcoming elections in Greece are undeniably a global event, whose importance transcends Greece's borders.

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.

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.

Just Like Sisyphus, Greeks Are Forever Pushing That Boulder Up the Hill

Elena Panaritis | Posted 08.27.2013 | World
Elena Panaritis

Austerity is not a cure to the solvency crisis. It cannot and should not be considered a sustainable way out. What Greece and the rest of Europe need right now are leaders who can lead, instead of leaders trying to sugarcoat the issues in hopes of averting opposition from the people.

Les Miserables of Greece

Justine Frangouli-Argyris | Posted 04.22.2013 | World
Justine Frangouli-Argyris

Yesterday's prosperous citizens require international humanitarian assistance and a strong support from the Greek-American community at large. The Greek government and its European allies cannot pretend that nothing is amiss anymore.