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Greece Makes IMF Payment But Another, Bigger One Looms

AP | ELENA BECATOROS and RAF CASERT | Posted 05.06.2015 | World

ATHENS, Greece (AP) — Cash-strapped Greece scraped together a 200 million-euro ($222 million) repayment to the International Monetary Fund on Wednes...

All We Are Saying Is Give Greece a Chance

Robert E. Prasch | Posted 08.19.2013 | World
Robert E. Prasch

Nothing the Greek people have done merits the ongoing and systemic destruction of their lives and livelihood. The Troika's program is not helping the economy and is dangerous politically.

Ricardo Caballero: "Greece Is in Rehab"

Vaios Papanagnou | Posted 01.28.2013 | World
Vaios Papanagnou

"This was clear from the beginning, and it remains clear. It is up to Greece and its Europeans partners to decide how to structure and spread over time this default."

The Hemlock Debt of Greece

Evaggelos Vallianatos | Posted 01.28.2013 | World
Evaggelos Vallianatos

How is Greece going to repay its debt when troika policies are shutting down the Greek economy? Forcing the Greek government to increase taxation and impose additional austerity cuts constitute nothing short of poisoning the social contract in the country.

Corruption Takes Center Stage in Greek-Euro Crisis

Frank Vogl | Posted 12.30.2012 | World
Frank Vogl

It is a long way from the courtroom in Athens that hosts Costas Vaxevanis to the arena of high global finance that Merkel bestrides, but the connection highlights the depth, the intractability and the complexity of the European financial crisis.

Why Tension Between World Leaders Is Mounting

Reuters | Posted 06.13.2012 | Business

By Lesley Wroughton WASHINGTON, April 13 (Reuters) - Tensions among some of the world's leading economies are on a boil over a plan to...

Just When You Thought The Greek Crisis Might Be Over

Reuters | Posted 04.22.2012 | Business

* Debt/GDP could rebound to 160 pct in 2020 if reform delayed * Experts say austerity imperative clashes with boosting growth ...

Greece: How to Slow the Nosedive

Dimitri B. Papadimitriou | Posted 04.10.2012 | World
Dimitri B. Papadimitriou

During the coming years of austerity, thousands of Greek workers will remain idle because policymakers believe that this makes economic sense. It simply does not.

IMF Approves $2.96 Billion Loan Disbursement To Greece

Posted 12.05.2011 | Business

The International Monetary Fund said on Monday its board had approved a 2.2. billion euro loan disbursement to Greece, part of a three-year IMF-EU...

Greece: European Leaders Set To Give Financial Rescue Fund New Powers

Posted 09.20.2011 | Business

Update: European leaders have agreed to a new Greek rescue plan that will temporarily cause the country to default on some of its debt, according to T...

International Monetary Fund Agrees To Give Greece $4.2 Billion

Posted 09.08.2011 | Business

(AP) WASHINGTON -- The International Monetary Fund approved on Friday just over $4.2 billion for Greece, the latest installment of a rescue package ai...

Greek Youth Realize Their Power: Most Important Stakeholders Finally Enagage

Vanessa Andris | Posted 08.06.2011 | World
Vanessa Andris

For months now, Greek youth have been watching their peers in Egypt and Tunisia lead the Arab Spring and asking themselves some tough questions.

IMF Braces For Possible Hack Attack

The Huffington Post | Amy Lee | Posted 08.01.2011 | Technology

The International Monetary Fund is ready to be hacked. According to the Wall Street Journal, an IMF spokesperson confirms that it is taking measure...

Greek Program 'Will Run Off Track' Unless Reforms Accelerate, IMF Envoy Says

Posted 07.18.2011 | Business

ATHENS (George Georgiopoulos and Harry Papachristou) - The IMF warned on Wednesday that Greece's drive to shore up its troubled finances would fai...

What Arrest Of IMF's Head Means For Greece's Bailout

AP | DAVID McHUGH and MELISSA EDDY | Posted 07.15.2011 | Business

BERLIN — The arrest of IMF chief Dominique Strauss-Kahn complicates a key European meeting on whether to give Greece billions more in aid &ndash...

Greece's Government Deficit Even Worse Than Predicted

AP | By GABRIELE STEINHAUSER | Posted 06.26.2011 | Business

BRUSSELS -- Greece's government deficit was significantly bigger than forecast last year, European Union data showed Tuesday, underlining the difficul...

IMF Approves Greece Loan: Nearly $40 Billion Bailout

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — The International Monetary Fund has put up nearly $40 billion to help bail out Greece and appease investors' fears of a spreading E...