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Greek Financial Crisis

The Necessary Choice

Annie Angelides | Posted 06.01.2016 | World
Annie Angelides

After six years of a continuous political and economic downward spiral, Greece runs the risk of being reduced to a single narrative, the Greek Crisis, the Crisis Country; both terms are very demeaning, destructive and potentially irreversible.

5 Amusing Reasons You Should Care About the Greek Crisis (and 4 Serious Ones, Too)

Quora | Posted 09.03.2016 | Politics

Apart from the enormous humanitarian impact, the Greek crisis is important far beyond Greece because the future of European democracy and the euro is being written there. The crisis is forcing us to consider important questions that have been cheerfully ignored until now.

A Taxing Situation in Greece

Larry Goanos | Posted 07.15.2016 | Politics
Larry Goanos

I am not an economist, a political scientist or a network T.V. commentator. I am the son of a Greek immigrant. As such, I have my own theory as to the root cause of the Greek financial crisis. Or, if it's not the singular "root cause," it's certainly a major factor in its creation.

The Victimization of the Greek People Must Stop

Nicos E. Devletoglou | Posted 06.16.2016 | World
Nicos E. Devletoglou

Isn't it, too, almost an indecent albeit dangerous spectacle of the European Union, a superpower, to go on threatening, when not cajoling, the government of a small member-state on its strategic southern periphery?

Greek Tragedy II

Nicos E. Devletoglou | Posted 03.11.2015 | World
Nicos E. Devletoglou

The latest Greek crisis, again threatening stability in Europe and beyond, is not principally financial. At any rate not yet. Instead, it stems from a serious anomaly that can be traced to the two consecutive referenda that summarily abolished the monarchy in Greece four decades ago.

How Greek Financial Crisis Is Bringing Out The Good In People

The Huffington Post | Nader Salass | Posted 08.16.2013 | Impact

While the Greek economy survives on rescue loans, the unemployment rate hovers around 26 percent, and the public sector protests against the governmen...

Greece Is at the Crossroads With the IMF in Tow

Elena Panaritis | Posted 01.20.2013 | World
Elena Panaritis

While Greeks need to do more internally to help themselves, the IMF's modus operandi should also change and go back to its basics so that Greece does not become another loan addict, but an economic success story.

The New Nazis of Europe: Coming to America?

Richard Brodsky | Posted 12.03.2012 | Politics
Richard Brodsky

Golden Dawn has opened an office in Washington, and some of what we've heard from the Baltic states should give the State Department pause. Even the Timothy McVeigh's decision to bomb government buildings still resonates among some extreme right-wing groups.

Greece: Time for a Peaceful Revolution

Edith Ismene Nicolaou-Griffin | Posted 10.30.2012 | World
Edith Ismene Nicolaou-Griffin

For many young Greeks who face a record 50 percent unemployment rate, immigration seems to be the only practical option. Societal values are changing as different attitudes are evolving.

Death in Athens

Diana Farr Louis | Posted 06.05.2012 | World
Diana Farr Louis

A Greek pensioner, aged 77, brought a dramatic end to his life in Syntagma Square recently and shocked the nation. At least, I hope he did, for that was his intention.

Greece Out of Default Emergency Room, But Far From Being Cured

Georges Ugeux | Posted 05.09.2012 | Business
Georges Ugeux

Do Greek authorities understand that, unless they play by the rules and restore their fiscal discipline, there will soon be another default... and no bailout? Nothing is less sure. This is not a few bad years; it is a different way to manage a country.

Laid-Off Factory Worker In Greece Shoots His Former Boss

Reuters | Posted 05.04.2012 | Business

By Renee Maltezou and Deepa Babington KOMOTINI, Greece, March 4 (Reuters) - After more than 30 years as a factory worker, Dimitris Man...

Euro Zone Reaches Greek Bailout Deal

CNBC | Posted 04.21.2012 | World

Euro zone finance ministers struck a deal early on Tuesday for a second bailout program for Greece that includes new financing of 130 billion euros an...

What Is Really Happening in Athens

Bernard-Henri Lévy | Posted 04.14.2012 | World
Bernard-Henri Lévy

In an affair like this one, which is political as much as economic, and where the highly inflammable matter being toyed with is a people, their pride, their memory, their revolt, their survival, one would like to have seen things handled more deftly.

Greece Paralyzed: Protestors Clash With Police, Terrorist Trial Postponed

AP/The Huffington Post | Posted 12.05.2011 | World

ATHENS, Greece (AP) -- Judicial authorities postponed a trial of eight Greek terrorist suspects until later this month, as lawyers were participating...

Greek PM Rules Out Debt Restructuring

Reuters | Harry Papachristou | Posted 07.21.2011 | World

ATHENS (Reuters) - Greece must avoid debt restructuring and push on with budget cuts and privatisations to overcome its debt crisis, the country's Pri...

Greek Financial Crisis: It's Not About Greece Any More

New York Times | Peter Boone and Simon Johnson | Posted 05.25.2011 | Business

The Greek "rescue" package announced last weekend is dramatic, unprecedented, and far from enough to stabilize the eurozone. The Greek government an...

Fundamental Changes In European Financial Markets

The Baseline Scenario | Simon Johnson | Posted 05.25.2011 | Business

Most days we can coast along, confident that tomorrow will be much like yesterday. On a very few days we need to look hard at the news headlines, cli...

Fiscal Austerity Fever Goes Global

Marshall Auerback | Posted 05.25.2011 | World
Marshall Auerback

In defense of the current Greek, Spanish and Portuguese governments, they find themselves in a fiscal straitjacket not of their own making. The UK, by contrast, is willingly choosing to commit economic suicide.

Greeks, Beware of Goldman Bearing Gifts

Richard (RJ) Eskow | Posted 05.25.2011 | World
Richard (RJ) Eskow

Like a drug dealer who hates to see a client get clean, Goldman sent executives to Greece in November of 2009 with a tempting offer that would have deepened the government's debt even further.