Greece Bailout

Greek Elections, Lessons From Argentina 2001-02 ...and a Call for Sanity

Alexander Mizan | Posted 05.09.2012

Alexander Mizan

Greece is on the verge of a national catastrophe. The local political leadership has made successive mistakes, only to be compounded by the recent vote. Let's examine the scenarios.

Greek Elections: Extreme Right Leader Warns Greek 'Traitors'

AP | NEBI QENA | Posted 05.06.2012

ATHENS, Greece -- The leader of an extreme-right, anti-immigrant party on course for shock success in Greece's general elections Sunday lashed out at ...

Eurozone Follies: Confusing Callousness for Courage

Jeff Madrick | Posted 05.27.2012

Jeff Madrick

The essence of the euro crisis is that members cannot devalue or control their own monetary policy. But the European Central Bank could have done so. If it had recognized its obligations, the crisis would not have been nearly as great.

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

Georges Ugeux | Posted 05.09.2012

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.

Greece Defaults! What Now?

The Huffington Post | Mark Gongloff | Posted 05.08.2012

So this is happening: Greece has technically, officially defaulted on its debt. Now what? The International Swaps and Derivatives Association, t...

Hey Greece, Forget The EU, The Internet Is Coming To Your Rescue

The Huffington Post | Bonnie Kavoussi | Posted 03.02.2012

Greek protesters, European finance ministers, and central bankers: you can go back home now. Financial markets, rest easy. Greece has been saved. Sort...

Greece's Debt Crisis Bodes Ill for Us All

Ted Kaufman | Posted 04.29.2012

Ted Kaufman

There are lots of catch-22s in this terrible crisis, and they should have been taken into account when the eurozone was first established.

What's Next?

Elena Panaritis | Posted 04.28.2012

Elena Panaritis

Greece must embrace a holistic approach to reforms that would be guided by an overall reduction of transaction costs, concentrating in simplifying processes. Simplification would be the best start.

Credit Agency Downgrades Greece, Says Default 'Highly Likely'

AP | NICHOLAS PAPHITIS | Posted 04.23.2012

ATHENS, Greece — Greece scrambled Wednesday to push through a batch of emergency laws that will further cut incomes and state spending, a day af...

Greece's Managed Default

Jared Bernstein | Posted 04.22.2012

Jared Bernstein

Forgive me if I'm just being rhetorical here, but it looks to me like all the headlines about how the latest bailout of Greece enables the country to avoid default have it wrong. Greece is defaulting on its sovereign debt, and that's a good, as in "necessary," thing.

Default Fear Sparks Call for Action

Elena Panaritis | Posted 04.22.2012

Elena Panaritis

The Greek bailout deal is a 130-billion-euro step towards resolving the Eurozone crisis. But it's just one more step on a very long path of economic recovery.

Forget About Lehman: Dow Hits Highest Level Since Before Crisis

AP | CHRISTINA REXRODE | Posted 04.22.2012

NEW YORK — It came and went in a flash each time, a number on a board for mere seconds, but its symbolic power couldn't be dismissed. The Dow J...

Just When You Thought The Greek Crisis Might Be Over

Reuters | Posted 04.22.2012

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

Greece To Receive $170 Billion Bailout

AP | GABRIELE STEINHAUSER and SARAH DiLORENZO | Posted 04.21.2012

BRUSSELS — After more than 12 hours of talks, the countries that use the euro reached an agreement early Tuesday to hand Greece euro130 billion ...

Mr. Market Rather Optimistic About This Whole Greece Situation

AP | PAMELA SAMPSON | Posted 04.21.2012

BANGKOK — Asian stock markets fell Tuesday even as European leaders appeared to have finally clinched a deal for a rescue package to prevent Gre...

The Human Costs Of Austerity: Greek Woman Threatened To Kill Herself

The Huffington Post | Bonnie Kavoussi | Posted 02.15.2012

Greek austerity measures, the necessary price of a European Union bailout, have already taken a toll on the lives of the debt-ridden country's populat...

Violent Protests Highlight Greece's Difficulty In Sticking To Bailout Deal

Reuters | Posted 04.13.2012

* Parliament passes unpopular package of cuts * Protests turn violent, buildings burn in Athens * Govt must clarify spen...

A Modern Greek Tragedy

George Kenney | Posted 04.10.2012

George Kenney

The fault accrues much more to Eurozone authorities than to Greece because, politically, the Europeans have long dodged the critical fact that their limited currency union is unworkable.

Greek Leaders Bailout Deal To Satisfy Lenders

Posted 02.09.2012

Greek political leaders have reached a deal on austerity measures that satisfy European Union and International Monetary Fund lenders, according to Th...

Politicians Seeking Upper Hand Over Hedge Funds in Greek Bailout

David Paul | Posted 03.23.2012

David Paul

There are many participants involved, and each has their own set of metrics for a successful outcome of the Greece workout.

WATCH: Arianna Weighs In On Greece's Economic Crisis

Huff TV | Posted 03.23.2012

Huff TV

Arianna appeared on CNN's Fareed Zakaria GPS to discuss Greece's economic issues. "There is no work," she said. "You have 40% youth unemployment......

What Would It Take For Greece To Ditch The Euro

AP | NICHOLAS PAPHITIS | Posted 03.04.2012

ATHENS, Greece — Greece's government warned Tuesday that the debt-crippled country will have to ditch the euro if it fails to finalize the detai...

German Inflation Fetish Risks Global Catastrophe

Peter S. Goodman | Posted 01.16.2012

Peter S. Goodman

The world's most irresponsible global citizen of the moment is not North Korea or Iran, despite the obvious dangers each poses. It is not China, favor...

To Euro or Not to Euro?

Costas Azariadis | Posted 01.06.2012

Costas Azariadis

None of the drawbacks outweigh the obvious and immediate benefits that a suspension of interest payments would confer on Greece.

Bonnie Kavoussi

Greece Risks Meltdown After Bailout Vote Bombshell

HuffingtonPost.com | Bonnie Kavoussi | Posted 01.01.2012

A high-risk gamble by the Greek government may threaten Greece's financial survival and the cohesion of the euro zone. Greek Prime Minister George ...