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Greek Bailout

Where Is the Rule of the Troika Leading Greece?

Constantine Tzanos | Posted 02.22.2014 | World
Constantine Tzanos

Since 2010, Greece is under the rule of the Troika (IMF, European Commission [EC] , European Central Bank [ECB]), which rules under the terms of the ...

Greek Unemployment Hits Record High

Reuters | Posted 11.12.2013 | Business

* June jobless rate climbs to 27.9 pct, up from 24.6 in June 2012 * Youth jobless rate at 58.8 pct ATHENS, Sept 12 (Reu...

How Greek Financial Crisis Is Bringing Out The Good In People

The Huffington Post | Nader Salass | Posted 08.16.2013 | Impact

While the Greek economy survives on rescue loans, the unemployment rate hovers around 26 percent, and the public sector protests against the governmen...

Obama To Meet With Greek Prime Minister

AP | Associated Press | Posted 07.11.2013 | Politics

WASHINGTON -- The White House says Greece's leader will meet with President Barack Obama next month at the White House. Prime Minister Antonis Samara...

Greece in the Balance

Michael G. Jacobides | Posted 09.01.2013 | World
Michael G. Jacobides

The workings of the public sector are so far off what they could and should be, and its existing human resources are so under-utilized that a solid rethink, pushed through with steely determination but also a deft touch, could transform the entire nature of public service in Greece.

IMF Admits 'Notable Failures'

AP | By MARJORIE OLSTER and DEREK GATOPOULOS | Posted 08.05.2013 | Business

WASHINGTON (AP) — The International Monetary Fund acknowledged on Wednesday that it made "notable failures" in the Greek bailout, underestimating ho...

Skip Davos, Go to Tel Aviv

Janet Tavakoli | Posted 08.05.2013 | Business
Janet Tavakoli

The IMF threw Greece under the bus. In particular, it ludicrously downplayed the damage its recommended austerity measures would do to the Greek economy, which is in the grips of a prolonged and deep recession.

Greek Lawmakers Approve Controversial Bailout Provision

Reuters | Posted 06.28.2013 | Business

ATHENS, April 28 (Reuters) - Greek lawmakers on Sunday approved a reform law to unlock about 8.8 billion euros ($8.9 billion) of rescue loans from t...

The Silent Victims of the Greek Debt Crisis

David Fearnhead | Posted 12.24.2012 | Green
David Fearnhead

Greece, widely regarding the starting point of European civilization, is now at the forefront of protecting its wildlife. The future of the euro is not the only thing hanging in the balance should Greece go under.

'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...

WATCH: Frat Boys Bail Out Greece

Posted 08.02.2012 | Comedy

Are frat boys the answer to Greece's financial problems? Probably not, but now we know what it would look like if they tried. Greece's 450 million ...

Greek Deputy Minister Quits Over Debt Talks

AP | Posted 09.08.2012 | World

ATHENS, Greece — A deputy labor minister resigned on Monday from Greece's new coalition government, saying it should have pressed harder to rene...

From Ireland to Greece: Tragedy and Renewal in the Eurozone Crisis

Sean Kay | Posted 09.05.2012 | World
Sean Kay

What struck me most in talking to people in Athens and other parts of Greece was how common the refrains were from my visits to Ireland. People in both countries want the world to know the pain they are feeling.

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...

Greek Parities Coming Together To Renegotiate Bailout's Tough Austerity Terms

Reuters | Posted 08.20.2012 | Business

* Conservative-led coalition agreed, cabinet posts unclear * PASOK, Democratic Left to provide backing, not top leaders ...

The Day That Greece Rescued Europe

Montserrat Domínguez | Posted 08.19.2012 | World
Montserrat Domínguez

The Greeks have deactivated the switch that threatened to blow Europe sky high. Antonis Samaras's New Democracy party victory in Greece does not in and of itself solve Athens' problems, nor those plaguing the rest of Europe's capitals. The boxer is still on the ropes, but the bell has been rung, ending the round; and that gives Europe time to recover, though it will have to keep fighting. In addition this week, if seen as part and parcel to what happened in Greece, the result of France's legislative elections and the majority that President Hollande now boasts both act as a serious warning to Angela Merkel in Germany. The message is clear: we are willing to go forward, but the pernicious austerity strategy that is pushing us into the abyss must be reconsidered.

EU Official: Greek Bailout Terms To Be Changed As Old Agreement Becomes 'Illusion'

AP | SARAH DiLORENZO | Posted 08.19.2012 | Business

BRUSSELS (AP) — European leaders are locked in a fierce debate over how to solve the debt crisis that is killing off growth on the continent, includ...

Greece's Future Hangs In Balance

AP | ELENA BECATOROS | Posted 08.17.2012 | World

ATHENS, Greece -- Official projections in Greece's election show the conservative New Democracy party as coming in first and could gather enough suppo...

Greek Politicians Make Final Appeals

Posted 06.16.2012 | World

As the Greek election campaign drew to a close late Friday night, party leaders took to rallies around the country to address their supporters and try...

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...

Which Road for Europe?

Robert Kuttner | Posted 08.11.2012 | Business
Robert Kuttner

Angela Merkel's increasing isolation among European leaders should increase the chances that the austerity mongers may yet relent. But Merkel, thus far, shows no sign of moderating her stance.

Why No One Is Hanging Out At The Parthenon

Reuters | Posted 08.06.2012 | Business

* Crisis, euro exit talk scares tourists off * Prices are cut to win last-minute arrivals * Double-digit drop in 2012 to...

Why Europe's "Technocrati" Can't Do it All

Chris Brummer | Posted 08.06.2012 | Business
Chris Brummer

Inconvenient truths point to the fact that spurring on the technocrats may help, but eventually the politics of Europe itself have to change.

Who Will Win? Erratic Greek Polls Show Huge Uncertainty

Reuters | Posted 08.01.2012 | World

ATHENS, June 1 (Reuters) - Greece's June 17 national election is being cast as make-or-break for its future in the euro and the currency bloc itself...