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Greek Debt Crisis

How Merkel's Austerity Plans Are Making Half Of Europe Sick – And The Way Out

Huffington Post Germany | Sebastian Christ | Posted 12.01.2014 | World

There's nothing Germans love quite like spending less. Incredibly wealthy billionaires like IKEA's founder, Ingvar Kamprad, or Theo Albrecht, founder...

Greek President Tells Arianna: 'Troika Acts As If They're Speaking To Rocks, Not People'

Huffington Post Greece | Giannis Pitaras | Posted 11.21.2014 | World

President of the Greek Republic Karolos Papoulias leveled heavy criticism against the "Troika" of organizations that handled his country's financial c...

Saving Greece From Within: Greek Volunteers Manage the Impossible

Vasilis Georgiou | Posted 08.22.2014 | Impact
Vasilis Georgiou

The story of how the Metropolitan Community Clinic at Helliniko (MCCH) came to be, is the model of how the Greek people can triumph over adversity and...

It's Time to Give Back to the Greeks

Vasilis Georgiou | Posted 09.20.2014 | Impact
Vasilis Georgiou

I have two passions in my life: Helping entrepreneurs find the right franchise or business to buy, and trying to give something back to society throu...

The Jobs-Currency Connection in Greece

Dimitri B. Papadimitriou | Posted 05.25.2014 | Business
Dimitri B. Papadimitriou

Restoring domestic demand needs to be Greece's economic policy emphasis. Despite any downsides, a parallel currency that supports an employment guarantee program would be a U-turn towards rebuilding the population's purchasing power -- and rebuilding Greece's ravished economy.

Greece 2.0

Marco Veremis | Posted 05.07.2014 | Business
Marco Veremis

A growing number of young Greeks are creating new economic foundations -- reacting to the crisis by creating export-oriented businesses largely driven by technology.

A Commentary on Greece's Economic Outlook

Evangelos A. Calamitsis | Posted 04.23.2014 | Politics
Evangelos A. Calamitsis

Greece needs to put an end to fiscal austerity and abandon the current reform program supported by its euro area partners and the International Monetary Fund (IMF).

Greece Will Likely Begin Recovery This Year: Is Austerity Working?

Mark Weisbrot | Posted 03.26.2014 | Politics
Mark Weisbrot

The Greek economy is going to grow next year because of a significant policy reversal. The fiscal tightening is basically coming to an end. Why is this so important? Because the people who supported the policy of the last four years will, when the Greek economy begins to recover, claim that the "austerity worked." But even the IMF's own analysis refutes this claim.

Self-Reliance for Greek Independence

Evaggelos Vallianatos | Posted 02.25.2014 | Politics
Evaggelos Vallianatos

Americans can help Greece by demanding IMF leaves the country. Their moral support for the Greek struggle and visits to the country as tourists can bridge a new honest relationship between Greece and America.

Euro Heretics: The Left Takes on the Euro

David Adler | Posted 02.18.2014 | Money
David Adler

The euro has happened. But is it a bad idea? Will it last? Despite the reality of the full-blown depressions in Southern Europe and pauperization of the middle and working classes there, European economists have not changed their tune.

Time to Give Greece a Chance

Sabby Mionis | Posted 02.02.2014 | World
Sabby Mionis

Greece seems to be achieving the impossible. Almost a year after in found itself at the bottom of the barrel, the government has achieved a primary budget surplus by embarking on unprecedented budget cuts and imposition of taxes.

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...

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.

What Is to Be Done for Creating Jobs in Europe?

Marietta Giannakou | Posted 08.28.2013 | World
Marietta Giannakou

As most member states face the spectrum of recession, a great part of European citizens experiences falling standards of income and living, while they seem pessimistic over short-term prospects. Meanwhile, unemployment reaches record-high rates in most countries.

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.

A Greek Saga: From Editor to Baker

Justine Frangouli-Argyris | Posted 07.14.2013 | 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 07.03.2013 | 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 06.12.2013 | 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...