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Greek Bailout

Greek Lawmakers Approve Controversial Bailout Provision

Reuters | Posted 04.28.2013 | 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 DomĆ­nguez | Posted 08.19.2012 | World
Montserrat DomĆ­nguez

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...

Austerity: 2011's Darling Becomes 2012's Pariah

Arianna Huffington | Posted 07.29.2012 | Business
Arianna Huffington

There's a new scarlet letter in town. Actually, it's the same letter -- "A" -- but it stands for a different word that's increasingly regarded as shameful: Austerity. The darling idea of 2010 and 2011 has become the pariah concept of 2012. And the evidence of profound change is all around, from France and Greece to Germany and -- gasp -- the Republican Party. The change, when it comes to the conventional wisdom on austerity, has come from a combination of public pressure and leadership: one pushing up from below, the other pressing down from above. None of this means that we should break out the Keynesian champagne any time soon. But it's clear the forces of austerity are in retreat. And that's a very good thing.

Greeks 'Just Don't Feel LIke Having Sex' Amid Economic Downturn

Reuters | Posted 07.27.2012 | Business

* Sex shops say business has plummeted * Greece imports its erotic toys * Return to drachma could spell death of industr...

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.

Greek Elections: Extreme Right Leader Warns Greek 'Traitors'

AP | NEBI QENA | Posted 05.06.2012 | World

ATHENS, Greece -- The leader of an extreme-right, anti-immigrant party on course for shock success in Greece's general elections Sunday lashed out at ...

Greek Elections, a Trap!

Elena Panaritis | Posted 07.04.2012 | World
Elena Panaritis

When Greeks go to the polls on Sunday, they will be reeling from one of the worst economic crisis in history that has cost them their jobs, pensions and is now denying them the power to plan for their future. So what is the way out?

Greek Marbles Don't Rust. Is the Greek Soul Made of Marble, Too?

Irene Nikolopoulou | Posted 05.27.2012 | World
Irene Nikolopoulou

What we cannot be accused of having invented the tragedy of the world debt crisis. Yes, we invented the tragedy (Thespis), but we also invented the comedy (Aristophanes).

Bailout Approved

Reuters | Posted 05.14.2012 | Business

BRUSSELS, March 14 (Reuters) - Euro zone countries formally approved on Wednesday a second, 130 billion euro financing package for Greece that will ...