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Greek Debt Crisis

A Greek Saga: From Editor to Baker

Justine Frangouli-Argyris | Posted 05.14.2013 | World
Justine Frangouli-Argyris

Unemployment may have hit many industries in Greece but none more so than the realm of the mass media. As the newspaper To Paron reports, approximatel...

Sitting Atop the Next Harry Potter

Desiree Michael | Posted 05.07.2013 | Business
Desiree Michael

Living in Greece and watching the birth of a long-awaited technological revolution is fascinating in and of itself.

Cyprus Banking Crisis Goes From Bad To Worse

Sheldon Filger | Posted 04.12.2013 | Business
Sheldon Filger

Just when everyone thought the Cypriote banking disaster could not get any worse -- how can it get worse when the government is desperate enough to steal bank depositors' money -- it has suddenly become much worse.

Banking Debacle in Cyprus; Grand Theft Auto in Brussels

Sheldon Filger | Posted 05.21.2013 | World
Sheldon Filger

As with other Eurozone economies whose private banks faced insolvency, the Eurozone rescue specialists in Brussels offered a bailout package to save the banks, with strings attached. In the specific case of Cyprus, the terms were especially onerous.

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.

Greek Unemployment Hits Record High

AP | DEREK GATOPOULOS and ELENA BECATOROS | Posted 02.14.2013 | World

ATHENS, Greece -- Unemployment in Greece rose to a record 27 percent in November as a result of the financial crisis and austerity measures that will ...

Is There Hope for a Recovery of the Greek Economy?

Evangelos A. Calamitsis | Posted 04.10.2013 | World
Evangelos A. Calamitsis

After five years of a deepening economic recession and growing unemployment in Greece, one may wonder whether there is now hope ("elpida") for an end to the Greek fiscal and debt crisis, the restoration of the country's competitiveness, and a sustainable recovery of growth and jobs.

Greece: How Long Until Junta?

Bill Frezza | Posted 03.30.2013 | World
Bill Frezza

Read through the stories appearing everyday in the Greek press (which you might only find buried on the back pages of American newspapers) and you will undoubtedly ask yourself: "How long will these proud people put up with such degradation?"

The Top 2 ETF's to Buy in 2013

James Berman | Posted 12.31.2012 | Business
James Berman

As a contrarian investor, I'm always looking to buy what people are selling and sell what they're buying. It's the only way to ensure you're getting a reasonable price. This often leads me to forsaken corners of the investment world.

Doctors And Lawyers Are Successfully Dodging Taxes In One Country

Reuters | Posted 02.23.2013 | Business

By Harry Papachristou ATHENS, Dec 24 (Reuters) - Greece's drive to crack down on flagrant tax evaders such as doctors and lawyers is f...

Lincoln, Leadership Lessons and Greece

Ambassador Gianna Angelopoulos | Posted 02.17.2013 | World
Ambassador Gianna Angelopoulos

Greece is the birthplace of democracy, philosophy, and the international communal spirit embodied by the Olympic Games. But today all three of those ideals are under threat.

Debt Forgiveness Is Inevitable and Will Save the Euro

Elena Panaritis | Posted 02.05.2013 | World
Elena Panaritis

Austerity has made it difficult for Greece to meet its fiscal targets, as well as its structural reforms. This is why anything short of debt forgiveness and more bailout funds is only a way for Europe to buy a little bit of time but at a huge price.

You Won't See These At Greek Hospitals

Reuters | Posted 02.03.2013 | Business

* Supplies of gloves and gowns threatened by budget cuts * EU officials fear rising rates of superbug infections * Greek...

Thousands Protest Latest Austerity Measures

Reuters | Posted 01.24.2013 | Business

* Students, teachers protest against Monti's cuts * Far right group, anti-fascists also plan rallies ROME, Nov 24 (Reute...

Greece Bailout Crisis a Warning for U.S. Politicians Facing the Nation's Fiscal Cliff

Sheldon Filger | Posted 01.21.2013 | World
Sheldon Filger

Greece is not only suffering appalling economic devastation. It is also presenting to the world a modern-day national Cassandra, with a prophetic warning that is especially relevant for American policymakers.

A New Reason To Be Thankful You Live In America

The Huffington Post | Jillian Berman | Posted 11.21.2012 | Business

Now Arriving By Email: If you'd like this newsletter delivered daily to your email inbox, then please just feed your email address to the thin box ove...

'What Was Neglected Over Years, Over Decades, Cannot Be Taken Care Of Overnight'

Reuters | Posted 01.21.2013 | Business

BERLIN, Nov 21 (Reuters) - German Chancellor Angela Merkel said on Wednesday she sees a chance for a deal to release emergency aid for Greece at a m...

Greece Is at the Crossroads With the IMF in Tow

Elena Panaritis | Posted 01.20.2013 | World
Elena Panaritis

While Greeks need to do more internally to help themselves, the IMF's modus operandi should also change and go back to its basics so that Greece does not become another loan addict, but an economic success story.

Racist Attacks Increase Amid Greek Crisis

AP | ELENA BECATOROS | Posted 11.12.2012 | World

ATHENS, Greece -- The attack came seemingly out of nowhere. As the 28-year-old Bangladeshi man dug around trash bins one recent afternoon for scrap me...

Bad News For European Bankers

Reuters | John O'Donnell | Posted 11.11.2012 | Business

BRUSSELS (Reuters) - European Union countries will consider a proposal this week for an absolute cap on the total bonus paid to bankers, EU officials ...

Really Depressing Numbers Out of Greece

Mohamed A. El-Erian | Posted 01.08.2013 | Business
Mohamed A. El-Erian

We should feel a mix of great sadness and heightened concern upon seeing the latest unemployment numbers out of Greece.

Obama Win Is a Gift for Greeks

William Antholis | Posted 01.07.2013 | World
William Antholis

2012-11-05-HP_World_Graphic_300x70.pngFor the next four years, Greece will have an American president who knows and understands why Greece's role as a member of the European Union must be preserved.

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.

Europeans On EU's Nobel Peace Prize: 'Is This A Joke?'

Reuters | Posted 12.12.2012 | Business

By Karolina Tagaris ATHENS, Oct 12 (Reuters) - "Is this a joke?" said Chrisoula Panagiotidi, 36, an Athens beautician, laughing derisi...

Greece's Biggest Company Says It's Getting The Hell Out Of There

Reuters | Posted 12.11.2012 | Business

* World's No. 2 Coke drinks bottler to seek main London listing * Coca Cola Hellenic is Greece's biggest firm by market value ...