iPhone app iPad app Android phone app Android tablet app

Greece Economy

The "Dictatorship of the Elites" in Greece

Thanos Dimadis | Posted 04.28.2013 | World
Thanos Dimadis

One of the major mistakes that international and European observers often make in their analyses about Greece is that they focus way too much on the p...

Les Miserables of Greece

Justine Frangouli-Argyris | Posted 04.22.2013 | World
Justine Frangouli-Argyris

Yesterday's prosperous citizens require international humanitarian assistance and a strong support from the Greek-American community at large. The Greek government and its European allies cannot pretend that nothing is amiss anymore.

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....

Austerity Protests Descend Into Violence

AP | DEREK GATOPOULOS | Posted 12.18.2012 | World

ATHENS, Greece — Hundreds of youths pelted riot police with fire bombs, bottles and chunks of marble Thursday as yet another Greek anti-austerit...

The Austerity Trap: Is Past Prologue?

Michael S. Lofgren | Posted 12.11.2012 | World
Michael S. Lofgren

Predictably, the unemployment rate rises above 25 percent, riots and demonstrations ensue, and an extreme right-wing party rapidly gains adherents. What this will mean for Europe's political future is unclear.

RECORD: 1 In 4 Greeks Unemployed

AP | NICHOLAS PAPHITIS | Posted 12.11.2012 | World

ATHENS, Greece — Unemployment in Greece hit a record high of 25.1 percent in July as the country's financial crisis continues to exact its heavy...

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.

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.

Greece: Time for a Peaceful Revolution

Edith Ismene Nicolaou-Griffin | Posted 10.30.2012 | World
Edith Ismene Nicolaou-Griffin

For many young Greeks who face a record 50 percent unemployment rate, immigration seems to be the only practical option. Societal values are changing as different attitudes are evolving.

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 ...

Why Travelers Should Still Be Booking Greece Trips

Peggy Goldman | Posted 09.23.2012 | Travel
Peggy Goldman

The travel media has a great deal of power to correct errors in perception and help restore the image of Greece as a perfect destination for a summer vacation.

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 Knows Where Its Priorities Lies

AP | DEMETRIS NELLAS | Posted 07.08.2012 | Business

ATHENS, Greece -- Greece's three-party coalition government will try to get the economy out of its deep recession by encouraging private investment an...

Greece Needs to Chart a Different Course

Mohamed A. El-Erian | Posted 08.24.2012 | World
Mohamed A. El-Erian

Greece's political leaders still don't seem to get it, and neither do its official creditors. The longer this problem persists, the greater the challenge of turning around a country already beset by recession, insolvency, distressingly high unemployment and rising poverty.

World Anxiously Awaits Greek Vote

AP | CHRISTOPHER TORCHIA | Posted 08.16.2012 | World

ATHENS, Greece — Elections are supposed to determine the will of the people, to set a nation on a new course with a government that enjoys the m...

Greece Elections Pose A Crucial Dilemma

AP | The Associated Press | Posted 06.15.2012 | World

-- Greeks will have to wrestle with a crucial dilemma when they go to the polls for the second time in as many months on June 17 to elect a new gover...

The Greece I Know

Tatiana Karapanagioti | Posted 08.05.2012 | World
Tatiana Karapanagioti

I never cease to be amazed at the contrast between the Greece that I read about in foreign newspapers and the Greece that I've known since childhood -- the Greece in which I live today.

The Goddess Forsakes Greece

Anthony Strano | Posted 07.30.2012 | World
Anthony Strano

Plato knew his people very well and said over two thousand years ago that mishandled democracy leads to despotism. The bridge between the two is nepotism.

Lagarde Has Little Sympathy For Greeks

AP | MEERA SELVA | Posted 05.26.2012 | Business

LONDON -- International Monetary Fund chief Christine Lagarde says she has more sympathy for poor African children than Greeks suffering under the cou...

Elderly Mother And Son Jump To Their Deaths In Athens

The Huffington Post | Daphne Lambadariou | Posted 05.24.2012 | World

Tragedy struck Thursday morning in the center of Athens when a mother and son leapt to their deaths. Kathimerini newspaper reports that sixty-year-old...

The Antisocial Valuation: Facebook vs. Greece

James Berman | Posted 07.22.2012 | Business
James Berman

A Greek company in the deep end of the contrarian pool is my preferred choice. Not because it has better growth prospects. It doesn't. But it has one thing FB lacks: It's priced right for the risk.

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

Alexander Mizan | Posted 07.09.2012 | World
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.

Greece in Agony

Robert Cabot | Posted 05.09.2012 | World
Robert Cabot

There is a surplus of the ugly in Greece -- of avarice, of hideous modernity, corruption, exploitation. But though it is largely hidden, there is something about the tough, durable fiber, the pride of generosity, the fierce instinct for independence which is at the core of the Greek soul.

Greece Is Better Off Outside the EU

Ilias Sourdis | Posted 07.01.2012 | World
Ilias Sourdis

Prices quoted on the Greek drachma, together with the tax-free or reduced tax environment, will result to adding more value to the holiday's budget -- therefore making Greece very affordable and overwhelmed with tourists from every part of the world.

A Tax for Your Thoughts...

Maria Paravantes | Posted 06.19.2012 | World
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!