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Greece Debt Crisis

Protests Mark Merkel's First Greece Visit During Crisis

Reuters | Posted 12.08.2012 | World

By Noah Barkin and Karolina Tagaris ATHENS, Oct 9 (Reuters) - German Chancellor Angela Merkel flew to the heart of Europe's debt cris...

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...

Greek Protestor: 'We Can't Take It Anymore - We Are Bleeding'

Reuters | Posted 11.26.2012 | Business

* Nearly 70,000 take to streets to protest * First big strike for new government * Transport services disrupted, offices...

'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...

Cautions From Corfu

Debora L. Spar | Posted 11.05.2012 | College
Debora L. Spar

Europe must decide whether to accept the political bargain that was always there -- the loss of national sovereignty implicit in union -- or whether, more dangerously again, to try to go it alone.

Eurozone Insists Greece Accept Six-Day Workweek

Posted 09.04.2012 | Business

Greece’s debt crisis could take a toll on its weekends. In exchange for a second bailout, Greece’s creditors are demanding that the country’...

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...

Successful Leaders & Global Thinkers Forum

Elizabeth Filippouli | Posted 08.13.2012 | Business
Elizabeth Filippouli

It is not industries that grow leaders; it is societies. It is the education system and, therefore, it is actually the responsibility and duty of various societal stakeholders to nurture competent, intelligent and forward thinking leaders.

The Marketplace Versus Westphalia

Edward Goldberg | Posted 10.13.2012 | Business
Edward Goldberg

Relying on the Fed to safeguard the United States from a global economic crisis during an election year is politically convenient. But it is harmful to our concept of democracy.

Bank Braces For 'Collapse Of The Monetary Union'

Reuters | Posted 10.09.2012 | Business

* Commerzbank Q2 net profit misses forecasts * Says FY loan loss provision target looks increasingly ambitious * Says g...

Why Financial Discipline Won't Save Europe and How Governance Change Might Do the Trick

Michael G. Jacobides | Posted 10.07.2012 | World
Michael G. Jacobides

The European project risks becoming a zero-sum game edging towards disaster, and all seem to be forgetting an important point: The problems of the south are structural rather than fiscal.

The Euro Gets a New "Transmission" From Super Mario

Terry Connelly | Posted 09.30.2012 | World
Terry Connelly

In their view, the ECB has no treaty-based mandate to print money or undertake "quantitative easing" in this way. If that is the case, however, then the euro is a suicide pact, powerless to defend itself against its own demise.

Greek PM Pledges Growth As Recession Deepens

AP | NICHOLAS PAPHITIS | Posted 09.23.2012 | World

ATHENS, Greece — Greece's prime minister warned Tuesday that the country's battered economy is expected to contract by 7 percent this year, but ...

German Official: Greek Euro Exit 'Lost Its Horror'

AP | Posted 09.21.2012 | Business

BERLIN (AP) — Germany's vice chancellor questioned whether Greece can fulfill the conditions for receiving further international aid and said Sunday...

This Is What Racism Looks Like

AP | DEREK GATOPOULOS | Posted 07.19.2012 | World

ATHENS, Greece -- Immigrants living in Greece have been targeted in at least 300 violent attacks in the last three months, local anti-racism campaigne...

How to Resolve the Greek Crisis

Salim Lamrani | Posted 09.17.2012 | Politics
Salim Lamrani

The Greek crisis could have been avoided. Indeed, all that was necessary would simply have been for the European Central Bank to grant the necessary loans directly to Athens at the same rate of interest it charges when lending to private banks.

Ex-Greek Finance Minister: Cuts 'Almost Impossible'

AP | Posted 09.16.2012 | Business

ATHENS, Greece (AP) — The head of a party in Greece's new coalition government on Tuesday said the country's recession made it "almost impossible" f...

Greece's Record Joblessness 'May Not Have Reached Its Peak Yet'

Reuters | Posted 09.11.2012 | Business

* Unemployment hits record of 22.5 pct * More half of young Greeks out of a job * Tourism to provide only temporary reli...

Public Debt in France and Europe

Salim Lamrani | Posted 09.10.2012 | World
Salim Lamrani

All European countries find themselves confronted with debt problems that impact sustainable public finances. The crisis has not spared France, the world's fifth largest economic power, something that makes private banks quite happy.

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...

Microsoft Attack Puts Spotlight On Greek Tensions

Reuters | Posted 08.27.2012 | World

By Harry Papachristou ATHENS, June 27 (Reuters) - Gunmen driving a van packed with gas canisters firebombed the Athens headquarters of...

Austerity Policy Has Pushed Europe to the Brink

Curtis Roosevelt | Posted 08.26.2012 | Business
Curtis Roosevelt

The continual gatherings of heads of state, such as the one just concluded in Rome of Germany, France, Greece and Italy, reassure us that the euro will be saved. But the means to do so seem to be as elusive as ever.

Why Concessions, Contagion & Collapse Are Still in the Cards in Europe

Gemma Godfrey | Posted 08.25.2012 | Business
Gemma Godfrey

Greece continues to gamble with its eurozone membership with the misguided belief that it can soften demands for austerity, without threatening its bailout. Instead, it is the lack of a sufficient firewall, rather than a commitment to Greece remaining within the e