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Greece Debt Crisis

Will Greece Survive?

Marietta Giannakou | Posted 04.21.2013 | World
Marietta Giannakou

Is modern Greece going to survive out of the storm of the ongoing crisis? Is Europe about to change path from the achievements of post-war political cooperation and economic integration to the unchartered waters of national egoisms and self-minded interests?

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....

Greek Unemployment Hits Record High

AP | DEREK GATOPOULOS and ELENA BECATOROS | Posted 02.14.2013 | World

ATHENS, Greece -- Unemployment in Greece rose to a record 27 percent in November as a result of the financial crisis and austerity measures that will ...

Is There Hope for a Recovery of the Greek Economy?

Evangelos A. Calamitsis | Posted 04.10.2013 | World
Evangelos A. Calamitsis

After five years of a deepening economic recession and growing unemployment in Greece, one may wonder whether there is now hope ("elpida") for an end to the Greek fiscal and debt crisis, the restoration of the country's competitiveness, and a sustainable recovery of growth and jobs.

Greeks Stand Up to Protect Their Water From Privatization

Daniel Moss | Posted 04.03.2013 | World
Daniel Moss

Greece knows a thing or two about democracy. And as an increasingly arid nation, good water management is fundamental to its future, both political and physical. The recent financial crisis hasn't only tested Greek democracy, but its water as well.

Greece Shows Us How Poverty Degrades the Environment

Iain Murray | Posted 03.25.2013 | World
Iain Murray

Greece is regressing. As it becomes poorer, its environment suffers more. If you ever needed an illustration of why affordable energy is important for the environment, Greece provides it.

What They Aren't Telling Us About European Unity

Gemma Godfrey | Posted 03.23.2013 | World
Gemma Godfrey

Huge strides forward in Europe and subsequent market rallies have raised hopes for the region. So is the road to recovery now clear or are significant risks still present? Crucially, what are the key areas of conflict we should be watching closely and which are 'red herrings'?

Lincoln, Leadership Lessons and Greece

Ambassador Gianna Angelopoulos | Posted 02.17.2013 | World
Ambassador Gianna Angelopoulos

Greece is the birthplace of democracy, philosophy, and the international communal spirit embodied by the Olympic Games. But today all three of those ideals are under threat.

Debt Forgiveness Is Inevitable and Will Save the Euro

Elena Panaritis | Posted 02.05.2013 | World
Elena Panaritis

Austerity has made it difficult for Greece to meet its fiscal targets, as well as its structural reforms. This is why anything short of debt forgiveness and more bailout funds is only a way for Europe to buy a little bit of time but at a huge price.

You Won't See These At Greek Hospitals

Reuters | Posted 02.03.2013 | Business

* Supplies of gloves and gowns threatened by budget cuts * EU officials fear rising rates of superbug infections * Greek...

The Politics of Fear

George Papandreou | Posted 01.29.2013 | World
George Papandreou

My recent experience in dealing with the financial crisis in Greece and in Europe has confirmed my belief that this is a political crisis more than a financial one. In trying to confront its fiscal deficit, Europe has run up a democratic deficit.

Restoring Our American Dream

Michael Farr | Posted 11.28.2012 | Business
Michael Farr

Elections are over, politicians continue to bicker, and Greece insists on furthering their already impressive implosion. Thanksgiving may help if it can bring to mind those seminal American values that are the foundation and bedrock of our country.

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.

For a Revival of Philhellenism

Bernard-Henri Lévy | Posted 11.27.2012 | World
Bernard-Henri Lévy

What if, as is incessantly threatened, Greece ultimately ends up pulling out of Europe? Everyone can always get out of everything, naturally. The Greeks themselves, blinded by bad shepherds or by their own populist passion, can decide to take this headlong escape.

The Money Is Gone, the War Is Over

The European Magazine | Posted 01.26.2013 | World
The European Magazine

Who cares about why and how Greece entered the eurozone? Who cares about state accountants tip-tapping on Excel fifteen years ago? Does this discussion make tomorrow's solutions more likely?

Economic Crisis Spreads in Spain

Neil Parmar | Posted 01.21.2013 | World
Neil Parmar

Workers across southern Europe took to the streets last week to protest the region's growing unemployment and government spending cuts.

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.

Really Depressing Numbers Out of Greece

Mohamed A. El-Erian | Posted 01.08.2013 | Business
Mohamed A. El-Erian

We should feel a mix of great sadness and heightened concern upon seeing the latest unemployment numbers out of Greece.

Eurozone's Hits Sad Milestone

AP | PAN PYLAS | Posted 12.31.2012 | Business

LONDON (AP) — Unemployment in the 17-country eurozone hit a record high of 11.6 percent in September, official figures showed Wednesday, a sign the ...

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.

Publishing The Names Of Alleged Tax Dodgers Could Get You In Some Trouble

AP | DEREK GATOPOULOS | Posted 12.29.2012 | Business

ATHENS, Greece (AP) — A Greek publisher appeared in court Monday following the publication in his magazine of a list of the names of more than 2,000...

The Frightening Rise Of Greece’s Nazi Party

www.tnr.com | Posted 10.23.2012 | World

GULAM HUSSEIN, a 20-year-old Afghan with a bushy brush cut, hates Greece. He’d leave if he could—even if that meant returning to the imperiled vil...

Country That You Do Not Associate With Euro Really Wants To Adopt It

Reuters | Posted 12.15.2012 | Business

BERLIN (Reuters) - Panama would like to introduce the euro as legal tender alongside the U.S. dollar, President Ricardo Martinelli told German Chancel...

Greece's Biggest Company Says It's Getting The Hell Out Of There

Reuters | Posted 12.11.2012 | Business

* World's No. 2 Coke drinks bottler to seek main London listing * Coca Cola Hellenic is Greece's biggest firm by market value ...