Greece Debt

The End Of The Euro: A Survivor's Guide

Simon Johnson | Posted 05.27.2012

Read More: Eurozone, Eurozone Crisis, Economy, Greece Debt, European Union, Greek Exit, Greek Debt Crisis, Euro, Fiscal Affairs, Ecb, Greece, Germany, Greece Debt Crisis, Imf, Europe, Greece Austerity, Business News
Simon Johnson

In every economic crisis there comes a moment of clarity. In Europe soon, millions of people will wake up to realize that the euro-as-we-know-it is gone. Economic chaos awaits them -- and the world.

Read Post

"No Sweet Fruit Comes From a Bitter Seed"

Anthony Strano | Posted 05.23.2012

Read More: Greece Debt, Greece, Greece Debt Crisis, World News
Anthony Strano

In Greece, the supposed home of democracy, there is an exclusive approach in their political, religious and societal systems that actively combats the idea of equality and inclusivity.

Read Post

The Greek Opportunity for Europe

Peter Alexander Meyers | Posted 05.10.2012

Read More: Greece Leave Eurozone, Eurozone, Greece, Greece Debt, European Union, Greek Debt Crisis, Europe, Euro, World News
Peter Alexander Meyers

As Greek departure threatens to incite the vultures and to extinguish that dream, a tremendous leverage is linked to exit. In this moment that specific power accrues to the Greeks. Does that make it their best option?

Read Post

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

Alexander Mizan | Posted 05.09.2012

Read More: Greece, Greece Debt Crisis, Greece Debt, Greece Economy, Greece Financial Crisis, Greek Debt Crisis, Greek Bailout, Greek Economy, Greece Bailout, World News
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.

Read Post

Greek Elections, a Trap!

Elena Panaritis | Posted 05.04.2012

Read More: Greece Debt, Greece Elections, Greece, Greek Elections 2012, Greece Debt Crisis, World Elections 2012, Greek Bailout, Greek Debt Crisis, Greece Elections 2012, Greek Elections, Greek Economy, World News
Elena Panaritis

When Greeks go to the polls on Sunday, they will be reeling from one of the worst economic crisis in history that has cost them their jobs, pensions and is now denying them the power to plan for their future. So what is the way out?

Read Post

A Tax for Your Thoughts...

Maria Paravantes | Posted 04.19.2012

Read More: World Economy, Global Economy, Greece Debt, Greece, Greece Debt Crisis, Global Financial Crisis, Greece Economy, Greek Debt Crisis, Animal Farm, Greek Debt, World News
Maria Paravantes

We've passed the audition and are now holding starring roles in Animal Farm Takes Greece -- a remake of George Orwell's foretelling allegorical tale penned 67 years ago!

Read Post

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

Georges Ugeux | Posted 05.09.2012

Read More: European Debt Crisis, European Union, European Banks, Greek Bailout, Greece Debt Crisis, Eurozone, Greece Debt, Eurozone Debt Crisis, Greece Economy, Greece Financial Crisis, Greek Debt Crisis, European Central Bank, Greek Economy, Greek Debt, Greece, Greek Financial Crisis, Greece Bailout, Europe, Business News
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.

Read Post

Greece Defaults! What Now?

The Huffington Post | Mark Gongloff | Posted 05.08.2012

Read More: Video, Greece, Evangelos Venizelos, Greece Debt Crisis, Greece Debt, Greece Economy, Greece Financial Crisis, Greece Bailout, Greece Debt Deal, Business News

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

Read Whole Story

Fiscal Affairs: Making the United States More Like Greece

Simon Johnson | Posted 05.02.2012

Read More: Greece Debt, U.S. Economy, Fiscal Affairs, Greece, Economy, Economic Crisis, Greece Debt Crisis, Taxes, Cbo, Federal Budget Deficit, Budget Cuts, Tax, Budget, Tax Cuts, Business News
Simon Johnson

If you cut taxes, revenues will fall and deficits will increase. If you change the CBO's scoring process to hide this fact -- as is under consideration by leading Republicans -- you are engaging in exactly the same sort of deception that brought down Greece.

Read Post

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

The Huffington Post | Bonnie Kavoussi | Posted 03.02.2012

Read More: European Sovereign Debt Crisis, European Debt Crisis, Greek Debt, Video, Greece, Eurozone Crisis, Greece Debt Crisis, Kickstarter, Greece Debt, Greek Bailout, Greek Debt Crisis, Greek Government, Greece Bailout, Business News

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

Read Whole Story

What's Next?

Elena Panaritis | Posted 04.28.2012

Read More: European Debt Crisis, Eurozone, Greece Debt, Greece, Greece Debt Crisis, European Union, Global Financial Crisis, Greek Debt Crisis, Europe, European Central Bank, Greece Bailout, Euro, Greece Austerity, Austerity, World News
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.

Read Post

Default Fear Sparks Call for Action

Elena Panaritis | Posted 04.22.2012

Read More: European Debt Crisis, Eurozone, Greece Debt Crisis, Greece, Greece Bailout, Greek Bailout Deal, Greece Debt, Greece Economy, European Union, Greek Bailout, Europe, European Central Bank, Foreign Affairs, World News
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.

Read Post

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

The Huffington Post | Bonnie Kavoussi | Posted 02.15.2012

Read More: Greek Woman Suicide, European Debt Crisis, Greek Debt, Video, Greece, Greece Debt Crisis, Greece Debt, Greece Economy, Greek Austerity, Greek Debt Crisis, Greek Bailout, Greek Economy, Greece Bailout, Business News

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...

Read Whole Story

Greece Nears Bailout Deal To Stave Off Disaster

AP | DEMETRIS NELLAS | Posted 04.12.2012

Read More: European Debt Crisis, Video, Eurozone, Greece, Greek Bailout Deal, Eurozone Crisis, Greece Debt Crisis, Greece Debt, Eurozone Debt Crisis, Greek Bailout, Greek Debt Crisis, Business News

ATHENS, Greece — Warning of a "catastrophe" that would leave Greeks subsisting on food stamps and the country wallowing in bankruptcy, Greek lea...

Read Whole Story

A Modern Greek Tragedy

George Kenney | Posted 04.10.2012

Read More: Eurozone, Greek Debt Crisis, Greek Debt, Greece, Greece Bailout, Greece Debt, Europe Austerity, European Union, Eu, Greek Bailout, Europe, Greece Austerity, Austerity, Euro, World News
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.

Read Post

S&P: Greek Debt Not Sustainable With Only 70 Percent Haircut

Reuters | Posted 04.09.2012

Read More: European Debt Crisis, Greek Debt, Greece Crisis, Video, Reuters, Greece Debt, Greek Crisis, Euro Crisis, Greece Haircut, Greek Haircut, Business News

* S&P comment on Greece adds pressure on ECB to take losses * Credit conditions worsening in Italy, France despite ECB ...

Read Whole Story

Greek Official Accused Of Falsifying Budget Data To Make Crisis Look Worse

Posted 11.28.2011

Read More: European Debt Crisis, Video, Greek-Budget-Deficit, Eurozone Crisis, Andreas Georgiou Greek Statistics Chief, Greece Debt Crisis, Greece Debt, Business News, Greek Debt Crisis, Business News

ATHENS (Reuters) - Greece's statistics chief will testify next month in a criminal investigation into allegations that his office falsified the bu...

Read Whole Story

Greek Officials: Country's Deficit Will Fall, No New Austerity Needed

AP | By NICHOLAS PAPHITIS and DEREK GATOPOULOS | Posted 11.18.2011

Read More: European Debt Crisis, Greece Debt, Business News, Video, Greece Austerity Plan, Eurozone Crisis, Greece Austerity, Greece Deficit, Greece Debt Crisis, Business News

ATHENS, Greece -- Greece predicted Friday that its budget deficit will fall sharply next year and insisted that no fresh austerity measures will be ne...

Read Whole Story

Rod Kurtz

How Is The European Debt Crisis Affecting Your Business?

HuffingtonPost.com | Rod Kurtz | Posted 01.10.2012

Read More: Rod Kurtz, Europe Debt, Europe Debt Crisis, Greece Debt, Berlusconi Resignation, European Debt Crisis, Silvio Berlusconi, HuffPost Small Business Board of Directors, Berlusconi Resigns, Italy Debt, Small Business News

Main Street can feel pretty far away from, say, the piazzas of Rome and the platias of Athens. But the recent political and economic turmoil in Italy,...

Read Whole Story

Eurozone Crisis by the Numbers

Hagit Bachrach | Posted 01.07.2012

Read More: European Debt Crisis, Multimedia, Eurozone, Debt Crisis, Greece, Eurozone Crisis, Greece Debt Crisis, Greece Debt, Greek Debt Crisis, Video, World News
Hagit Bachrach

The upheaval in the Eurozone is dominating the G20 agenda, global news coverage, and the attention of uneasy investors. However, it is surprising that...

Read Post

To Euro or Not to Euro?

Costas Azariadis | Posted 01.06.2012

Read More: Greece Debt, Greece, Greece Bailout, Greece Debt Crisis, Business News
Costas Azariadis

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

Read Post

Outrageous Arrogance and Greek Fraud

Michael Farr | Posted 01.04.2012

Read More: Greece Debt, Greece Economic Crisis, Greece, Greece Debt Crisis, Greece Economy, Greek-Unemployment, Eu, European Central Bank, World News
Michael Farr

Outrageous as the Greek situation may be, it could foreshadow our own fate. It is imperative that the United States be able to afford the lifestyle and government we choose.

Read Post

Bonnie Kavoussi

Greek Budget Cuts Quicken Reckoning For Europe

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.21.2011

Read More: Eurozone, Video, Greece, Greece Debt Crisis, Greece Debt, European Union, Greece Economy, Greek Austerity, Greece Financial Crisis, Euro, Greece Bailout, Greek Economy, Business News

Ever since Greece began teetering toward default last year, European officials have extracted promises of budget cuts in exchange for financial relief...

Read Whole Story

Another Bailout for the Banks?

Jeffrey Rubin | Posted 12.06.2011

Read More: Subprime Mortgages, Economy, Greece Debt Crisis, Eurozone, Eurozone Crisis, Greece Debt, Eurozone Debt Crisis, Great Recession, Recession, Greece Bailout, Business News
Jeffrey Rubin

You might have thought things had changed in world financial markets since the U.S. subprime mortgage disaster. Funny that only three years later, the global financial system seems once again to be teetering on the brink.

Read Post

The Pharmacy of Europe

Bernard-Henri Lévy | Posted 12.06.2011

Read More: Eurozone, Greece, Greece Debt Crisis, Greece Debt, European Union, Bernard Henri Levy, Europe, Euro, World News
Bernard-Henri Lévy

That Europe is both the name of what ails us and its remedy, that it is among the origins of the crisis and the means of surmounting it should come as no surprise to those who remember the lessons of our masters.

Read Post