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Greece Bailout

Kickstart the Greek Economy

Emmett Rensin | Posted 10.13.2013 | Comedy
Emmett Rensin

Note: This is part two of a series of middle-brow Kickstarter jokes. Part one can be found here Years of economic disaster, revolution in the st...

Greek Lawmakers Approve Controversial Bailout Provision

Reuters | Posted 06.28.2013 | Business

ATHENS, April 28 (Reuters) - Greek lawmakers on Sunday approved a reform law to unlock about 8.8 billion euros ($8.9 billion) of rescue loans from t...

European Authorities Still Punishing Greece -- Can They Be Stopped?

Mark Weisbrot | Posted 04.17.2013 | Politics
Mark Weisbrot

Alexis Tsipras has a tough job. He is leader of the Syriza Party of Greece, a left party that has risen meteorically in the past three years: from 4....

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."

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.

Countries Can Come Back From the Dead -- Exhibit A, Ireland

Emmet Oliver | Posted 01.07.2013 | Business
Emmet Oliver

While serious questions remain over the cost of obtaining money for Ireland when that moment arrives, the sheer fact that Ireland can now talk about leaving behind its official lenders is highly significant, and not just in Ireland, but further afield.

7,000 Greek Police To Crack Down Before Merkel Visit

AP | NICHOLAS PAPHITIS | Posted 12.08.2012 | World

ATHENS, Greece — Greek police have increased security and are preparing to close down large sections of the capital Athens to contain protests a...

'There Will Probably Be No More Money'

Reuters | Posted 11.15.2012 | Business

* IMF's Lagarde says more time for Greece is one option * Ministers, heads of state to decide Athens' fate in October B...

Greek Austerity Plan May Get The Axe From Everyone

Reuters | Posted 11.09.2012 | Business

ATHENS, Sept 9 (Reuters) - Greece's international lenders have questioned some of the measures included in a near 12 billion-euro ($15 billion) aust...

Who Will Determine Greece's European Future?

Mohamed A. El-Erian | Posted 10.31.2012 | Business
Mohamed A. El-Erian

Greek officials should certainly hope that collective European action will succeed in stabilizing these other two countries' economies. But they should also realize that too great a success could, ironically, map into a higher probability of a Grexit.

Greek Police Crack Down On Immigrants During Crisis

AP | COSTAS KANTOURIS | Posted 08.22.2012 | World

NEA VYSSA, Greece -- Border police jeeps hurtle along hot, dusty tracks past potato fields on their way to the river that marks the Greek-Turkish bord...

German Official: Europe Debate 'Tone Is Very Dangerous'

AP | GEIR MOULSON | Posted 10.06.2012 | Business

BERLIN — Europe's politicians are being told to watch their language when it comes to debating the future of the single currency. Germany's for...

WATCH: Frat Boys Bail Out Greece

Posted 08.02.2012 | Comedy

Are frat boys the answer to Greece's financial problems? Probably not, but now we know what it would look like if they tried. Greece's 450 million ...

Greek Leaders Reportedly Agree On Most Austerity Cuts

Reuters | Posted 09.28.2012 | Business

* Greece looking for savings worth 11.5 billion euros * Troika of lenders in Greece to assess need for new aid * Politic...

Greek Deputy Minister Quits Over Debt Talks

AP | Posted 09.08.2012 | World

ATHENS, Greece — A deputy labor minister resigned on Monday from Greece's new coalition government, saying it should have pressed harder to rene...

From Ireland to Greece: Tragedy and Renewal in the Eurozone Crisis

Sean Kay | Posted 09.05.2012 | World
Sean Kay

What struck me most in talking to people in Athens and other parts of Greece was how common the refrains were from my visits to Ireland. People in both countries want the world to know the pain they are feeling.

Greek PM: 'We Want To Fight The Recession'

Reuters | Posted 09.05.2012 | Business

* Greek PM Samaras says want to renegotiate bailout policies * Says that does not mean to change fiscal targets but more time needed ...

Greece To Use 'Alarming' Data In Bid To Renegotiate Bailout

AP | DEREK GATOPOULOS | Posted 09.02.2012 | Business

ATHENS, Greece (AP) — Greece's new government will present "alarming" data on its recession and unemployment to international debt inspectors this w...

Procrastination Is Costly, Action Is Priceless

Otaviano Canuto | Posted 08.25.2012 | World
Otaviano Canuto

Haven't similar experiences in the debt crises of the 1980's, Russia in 1998, and Argentina in 2001 taught us that waiting too long to restructure in situations of clear insolvency can be more costly in the end?

Greece: 'No More Taxes'

Reuters | Posted 08.23.2012 | Business

* Plans to ease austerity, rewrite bailout terms * Faces first test at June 28/29 EU summit By Lefteris Papadimas ...

Greece's New Government Makes Big Change

Reuters | Posted 08.21.2012 | Business

* After election, government sounds like its opponents * Government must face domestic reality of public anger * Hopes f...

Europe's Solution Isn't More Inflation

Michael Pento | Posted 08.21.2012 | Business
Michael Pento

The only real solution for insolvent Europe is to explicitly default on the debt to a level that brings PIIGS countries to a debt to GDP ratio below 60 percent.

Greek Government: Yes, We Want The Eurozone

Reuters | Posted 08.21.2012 | Business

ATHENS, June 21 (Reuters) - The new Greek government plans to revise the terms of its bailout from the European Union and the International Monetary...

Greece Likely To Have Coalition By Wednesday

AP | ELENA BECATOROS and NICHOLAS PAPHITIS | Posted 08.19.2012 | World

ATHENS, Greece — A coalition government could be formed by mid-Wednesday in Greece, the head of the country's socialist party said Tuesday, easi...

EU Official: Greek Bailout Terms To Be Changed As Old Agreement Becomes 'Illusion'

AP | SARAH DiLORENZO | Posted 08.19.2012 | Business

BRUSSELS (AP) — European leaders are locked in a fierce debate over how to solve the debt crisis that is killing off growth on the continent, includ...