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Greece Debt Crisis

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

AP | By NICHOLAS PAPHITIS and DEREK GATOPOULOS | Posted 11.18.2011 | Business

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

Rebuilding Greece

Thanos Dimadis | Posted 01.15.2012 | World
Thanos Dimadis

The new generation of Greek people is capable of sending a message around the world that although Greece is financially defaulted, it is not a politically declined and nationally humbled country.

Our Notion of Nations

Jeff Jarvis | Posted 01.14.2012 | World
Jeff Jarvis

Will we question the idea of what a nation is? Are Greece and Italy still sovereign nations when bankers can overthrow their governments and neighbors can dictate the terms of governance?

New Greek Prime Minister To Present Policy Platform

AP | By NICHOLAS PAPHITIS | Posted 01.14.2012 | Business

ATHENS, Greece — Greece's new prime minister says he is determined to keep the country in the eurozone, and urged political leaders to back a wr...

My Latest Preoccupation

Marian Salzman | Posted 01.23.2014 | Politics
Marian Salzman

Ladies and gentlemen of the Preoccupied movement, allow me to redirect your attention to another location, because Wall Street is getting stale (word ...

Thinking Outside Pandora's Box -- How to Protect Yourself From the Eurozone Debt Crisis Fallout

Irvin G. Schorsch III | Posted 01.11.2012 | Business
Irvin G. Schorsch III

Can the United States and you, as an investor, escape unscathed? Here are five steps you should take to protect yourself and your portfolios.

The Eurozone: Nation-States With Benefits

Shadi Bushra | Posted 01.08.2012 | College
Shadi Bushra

It's a common issue in romantic relationships in college, where one partner is ready to move forward faster than the other. His or her opposite number...

Zorba - Less Dancing, More Work

Eric Margolis | Posted 01.08.2012 | World
Eric Margolis

Why should 330 million Europeans face a financial and likely political meltdown for the sake of 11 million profligate Greeks? They should not.

Eurozone Crisis by the Numbers

Hagit Bachrach | Posted 01.07.2012 | World
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...

To Euro or Not to Euro?

Costas Azariadis | Posted 01.06.2012 | Business
Costas Azariadis

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

Greek Prime Minister Launches Efforts To Form Coalition

AP | DEREK GATOPOULOS and DEMETRIS NELLAS | Posted 01.05.2012 | Business

ATHENS, Greece — Greece's prime minister struggled Saturday to form a temporary coalition government in the near-bankrupt country, extending a p...

Greek Prime Minister Survives Critical Confidence Vote

AP | DEREK GATOPOULOS and ELENA BECATOROS | Posted 01.04.2012 | World

ATHENS, Greece — Greek Prime Minister George Papandreou survived a confidence vote early Saturday, calming a vicious revolt in his Socialist par...

Outrageous Arrogance and Greek Fraud

Michael Farr | Posted 01.04.2012 | World
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.

Why Greece's Debt Shouldn't Be the G20's Biggest Economic Issue

David R. Jones | Posted 01.04.2012 | Business
David R. Jones

In the midst of all of the economic and financial uncertainty, it's easy to forget the looming issue of climate change. Yet if we do not act and find a solution, issues such as the size of Greece's debt may unfortunately be somewhat academic.

Greece Threatened With Eurozone Expulsion

AP | GABRIELE STEINHAUSER and GREG KELLER | Posted 07.29.2013 | Business

CANNES, France -- European leaders drew a line in the sand for Greece on Wednesday, saying its referendum on a hard-won bailout deal will decide wheth...

"Standard" Credit Default Swaps on Greece Are a Sham and It's Not a Surprise

Janet Tavakoli | Posted 12.27.2011 | Business
Janet Tavakoli

Anyone that bought sovereign credit protection on Greece after accepting ISDA "standard" documentation without modifying the language will now find that they are on the wrong side of an "arbitrage."

Greeks Need to Start Acting Like Greeks Again

Gregory C. Pappas | Posted 12.27.2011 | World
Gregory C. Pappas

Like the generation of the 1940s who rose to the occasion to fight the Italian and rise up against the German, the Greece of the 21st century must rise up and do what Greeks have done best at times of adversity: face it.

Bonnie Kavoussi

Greek Budget Cuts Quicken Reckoning For Europe

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.21.2011 | Business

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

Beyond the Financial Crisis: Germany's Plan to Regrow the Global Economy

Jeremy Rifkin | Posted 12.24.2011 | Business
Jeremy Rifkin

The world community will be watching the German experiment closely to see whether a new economic model take shape there can serve as a template for ushering in a new economic era. Germany's future, as well as Europe's and the world, depends on its success.

European Debt: The Big Picture

Simon Johnson | Posted 12.23.2011 | Business
Simon Johnson

For everyone struggling to get their arms around the debt crisis in Europe, Bill Marsh in today's New York Times offers literally a compelling picture, with graphic illustration for the key issues.

Crisis In Europe Puts Global Economy In Danger

Peter S. Goodman | Posted 12.21.2011 | Business
Peter S. Goodman

At this point, anyone not officially frightened by the bleak situation in Europe simply hasn't been paying attention. Even before the latest dispiri...

Financial Occupation

Lydia Fisher | Posted 12.21.2011 | Business
Lydia Fisher

The silver lining in the ongoing crisis is that it challenges the world -- about the world being owned by few. Maybe we'll get it all out there for a healthy dialogue and movement for economic justice.

One Dead In Greek Riots

AP | NICHOLAS PAPHITIS and DEREK GATOPOULOS | Posted 12.20.2011 | World

ATHENS, Greece — Greek lawmakers passed a deeply resented new austerity bill Thursday, caving in to the demands of international creditors in or...

Global Stocks Jump On New Debt Crisis Pledge

Posted 12.10.2011 | Business

(Natsuko Waki) - World stocks and the euro rose on Monday while top-rated government bonds and the dollar fell after German and French leaders pro...

Another Bailout for the Banks?

Jeffrey Rubin | Posted 12.06.2011 | Business
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.