Greek Debt Crisis

The End Of The Euro: A Survivor's Guide

Simon Johnson | Posted 05.27.2012

Read More: Eurozone, Eurozone Crisis, Economy, Greece Debt, European Union, Greek Exit, Greek Debt Crisis, Euro, Fiscal Affairs, Ecb, Greece, Germany, Greece Debt Crisis, Imf, Europe, Greece Austerity, Business News
Simon Johnson

In every economic crisis there comes a moment of clarity. In Europe soon, millions of people will wake up to realize that the euro-as-we-know-it is gone. Economic chaos awaits them -- and the world.

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Elderly Mother And Son Jump To Their Deaths In Athens

The Huffington Post | Daphne Lambadariou | Posted 05.24.2012

Read More: Video, Greece Crisis, Greece, Greece Suicides, Greece Economy, Greek Suicide, Greek Debt Crisis, Greece Deficit, Elderly Greek Suicide, World News

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...

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Greece Euro Exit Looms, Europe Fiddles

The Huffington Post | Mark Gongloff | Posted 05.24.2012

Read More: European Debt Crisis, Video, Eurozone Greek Exit, Greece, Euro Zone, Europe, Greek Debt Crisis, Greek Exit, Greek Exit Euro Zone, Euro, Grexit, Business News

Europe and Greece are at the stage in their stormy marriage where they are consulting with divorce lawyers. And we may all feel the pain of their brea...

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Letter From a 'Nouveau Pauvre'

Elizabeth Boleman-Herring | Posted 05.24.2012

Read More: Yoga, Robert Frost, Poverty, New Jersey, Greek Debt Crisis, Poetry, Middle Class, Austerity, Culture News
Elizabeth Boleman-Herring

Until very recently, I was one of the unemployed-no-longer-looking-for-work, but I have changed that status. I apply for positions here and there: positions that might earn me a little gas money, but certainly not pay my health insurance.

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Euro Breakup Ahead

The Huffington Post | Mark Gongloff | Posted 05.24.2012

Read More: European Debt Crisis, Video, Mark Gongloff Things to Know, Seven and a Half Things, Seven and a Half Things You Need to Know, Greece, Seven and a Half Things to Know, Greek Debt Crisis, 7.5 Things, Europe, Business News

Thing One: Preparing For Divorce: Europe and Greece are at the stage in their stormy marriage where they are consulting with divorce lawyers. And we m...

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Eurozone Preparing For Greece Exit Scenario

Reuters | Posted 05.23.2012

Read More: Video, Eurozone, Greece, Greece Debt Crisis, Reuters, Eurozone Working Group, Ewg, Greek Debt Crisis, Euro, Business News

* Euro zone states urged to draft plans for Greek euro exit * Instruction given in euro working group call on Monday * G...

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A Note of Caution

Irene Finel-Honigman | Posted 05.22.2012

Read More: Drachma, Greek-Euro-Exit, Finance Ministers, Eurozone, Deutsche Mark, Greek Currency, Economy, Currency, Greek Debt Crisis, Euro, World News
Irene Finel-Honigman

There may be a momentary pride in the drachma as a symbol of Greece standing up to Europe and reasserting its independence, but sadly neither investors nor markets are likely to share the sentiment.

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Who Needs a Greek Government?

Peter Alexander Meyers | Posted 05.20.2012

Read More: Efficiency, Polanyi, Papandreou, Syriza, Elections 2012, Referendum, Merkel, Greek Debt Crisis, Capitalism, Euro, Pasok, Greece, New Democracy, Alexis Tsipras, Legitimacy, Samaras, Tsipras, World News
Peter Alexander Meyers

Greeks must decide to stay or go. Perhaps that is why it failed to come before the people. Perhaps that is why, when on May 6 the election was played out in a way that minimized the literal and more important question -- "Do you want to adopt the new agreement?" -- it failed again.

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'I Am Ashamed To Be Here'

AP | DEREK GATOPOULOS | Posted 05.20.2012

Read More: Greece Crisis, Crisis in Greece, Growth Crisis in Greece, Greece Growth Crisis, Greek Crisis, Greek Debt Crisis, Greek Debt Crisis Personal, Video, Greece Debt Crisis, Greece Crisis Personal, Greek Growth Crisis, Debt Crisis in Greece, Greece Debt Crisis Personal, Crisis Greece, Business News

ATHENS, Greece -- Like many Greeks left unemployed by their country's economic tailspin, Dimitris Spachos finds it easier to talk about his nation's p...

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Let Greece Do Debt Cold Turkey

Eric Margolis | Posted 05.18.2012

Read More: Eurozone, Greece, G8 Summit, Angela Merkel, European Union, Nicholas Sarkozy, Greek Debt Crisis, Francois Hollande, Euro, Greek Debt, Greece Debt Crisis, World News
Eric Margolis

What would happen to Greece if it quit the euro? Financial chaos, capital flight, riots and bank failures... maybe. But after the apocalypse, Greece would eventually revert to its 1960's status: a poor but proud nation living off tourism, shipping, agriculture and fishing.

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Germany's Merkel Pushes Greece To Hold Vote On Staying In Eurozone

Reuters | Posted 05.19.2012

Read More: European Debt Crisis, Greece Eurozone, Greek-Debt-Crisis, Eurozone, Video, Greece Debt Crisis, Reuters, Angela Merkel, Karlos Papoulias, Greece Euro, Angela Merkel Karlos Papoulias, Greece Europe, Business News

* Greece says Merkel, Papoulias discussed referendum * German spokesman denies Merkel proposed idea * Greek parties angr...

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The Crisis In Greece Just Keeps Getting Worse

AP | NICHOLAS PAPHITIS | Posted 05.18.2012

Read More: European Debt Crisis, Fitch Ratings, Greece Crisis, Video, Fitch-Downgrade, Fitch-Downgrades-Greece, Fitch Downgrades Greek Banks, Business News, Greek Debt Crisis, Business News

ATHENS, Greece — Germany's chancellor apparently waded into Greece's choppy political waters on Friday, when Athens said Angela Merkel suggested...

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Causes Of Greek Economic Crisis Not As Simple As You Might Think

Posted 05.17.2012

Read More: Video, Greek Austerity, Greece, Greek Debt Crisis, Greece Austerity, Greece Debt Crisis, World News

The causes of the economic crisis in Greece may not be as simple as you think. In a new video from the Harvard Kennedy School, lecturer Richard Par...

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Sure, There's Greece... But What About Spain?

Yanis Varoufakis | Posted 05.17.2012

Read More: Eurozone Debt Crisis, Eurozone, Greece Economic Crisis, Greek Debt Crisis, Spain Debt, World News
Yanis Varoufakis

I shall concede all you want me to concede about my fellow Greeks on condition that you give me a plausible answer to a simple question: What on earth is Europe doing to Spain as part of this Grand Plan?

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Is a Modern Greek Tragedy Imminent?

Apostolos Doxiadis | Posted 05.17.2012

Read More: Hellenic Culture, Greek Debt Crisis, Greece, Greek-Philosophy, Greek Elections, Greece Euro, Eurozone, World News
Apostolos Doxiadis

They sought, and won, political profit by playing on people's grievances: resentment, fear and a chauvinistic, xenophobic nationalism -- and it is not just the extreme right that built its campaign on the latter, but also the radical left. To balance these, they gave only unrealizable utopian promises.

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Major Partner Cuts Off Operations With Some Greek Banks

Reuters | Posted 05.17.2012

Read More: European Debt Crisis, Greek Banks, Video, Ecb, Ecb Greek Banks, Eurozone Crisis, Reuters, Business News, Greek Debt Crisis, European Central Bank, Business News

FRANKFURT, May 16 (Reuters) - The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfu...

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Greeks Head For Exits

The Huffington Post | Mark Gongloff | Posted 05.16.2012

Read More: Video, Mark Gongloff Things to Know, Seven and a Half Things, Seven and a Half Things You Need to Know, Greece, Greece Euro Exit, Seven and a Half Things to Know, 7 1/2 Things, Greek Debt Crisis, 7.5 Things, Things You Need to Know Today, Business News

Thing One: Greeks Walk, Don't Run, From Banks: It's not exactly a panic or a full-blown bank run yet, but it looks like Greece is starting to speed-wa...

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Negotiations To Form Greek Government Continue

AP | NICHOLAS PAPHITIS | Posted 05.15.2012

Read More: Karolos Papoulias, Video, Greece, Greek Financial Crisis, President Karolos Papoulias, Greece Debt Crisis, Greek Austerity, Greek Debt Crisis, Greece Austerity, Business News

ATHENS, Greece — Marathon efforts to break Greece's post-electoral paralysis are lurching into a ninth day amid the country's worst crisis in de...

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Euro Ministers Plead With Greece To Stick With Austerity Program

AP | RAF CASERT | Posted 05.14.2012

Read More: Video, Eurozone, Greece, Greece Debt Crisis, European Union, Greek Austerity, Greek Debt Crisis, Austerity Measures, Greece Austerity, Austerity, Business News

BRUSSELS — Leading European Union finance officials promised to stand by Greece as a member of the eurozone provided it sticks to its bailout te...

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Could a Greek Bank Run Go Global?

Laurence J. Kotlikoff | Posted 05.14.2012

Read More: Financial Crisis, Banks, Global Financial Crisis, Greek Debt, Bank Runs, Greek Debt Crisis, Greece, Global Bank Runs, Business News
Laurence J. Kotlikoff

If bank runs in Greece spread to Spain, Italy, Portugal, and Ireland, they will then spread to Belgium and France and from there to other parts of Europe and, potentially, even the U.S.

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Arianna On The Crisis In Greece

New York Times | Posted 05.12.2012

Read More: Argentina, Arianna, George Papandreou, Greece, Greek Debt Crisis, Greece Austerity, Arianna Huffington, Greece Debt Crisis, Business News

AS I follow the modern Greek tragedy unfolding in Europe, I flash back to the 18 years I spent in Athens, walking to school in Plaka (the old part of ...

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A Uniquely Greek Tragedy

Michael G. Jacobides | Posted 05.11.2012

Read More: European Debt Crisis, European Union, Greek Debt Crisis, Greece, Greek Elections, Greek Economy, Business News
Michael G. Jacobides

As the debt crisis in Europe continues to unravel, it has become increasingly clear that each country has a very different set of problems. Nowhere has this been more evident than in Greece.

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Greece Election Results 2012: Crisis, Confusion, Protest

Elena Panaritis | Posted 05.11.2012

Read More: Greece Elections, Greece, Greek Elections 2012, World Elections 2012, Greece Debt Crisis, Greek Debt Crisis, Greece Elections 2012, Greek Elections, World News
Elena Panaritis

The results are a death blow to the country's decades-long two-party system, leaving both Pasok and New Democracy in a lurch. But this should not come as a surprise considering the widespread popular discontent largely due to how the Greek crisis and how has been handled.

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Official: Eurozone Could Survive Greek Exit

AP | Posted 05.11.2012

Read More: European Debt Crisis, Eurozone, Video, Business News, Wolfgang Schaeuble Eurozone, Eurozone Debt Crisis, Greek Debt Crisis, Wolfgang Schaeuble, German Finance Minister Wolfgang Schaeuble, Business News

BERLIN -- German Finance Minister Wolfgang Schaeuble is suggesting the eurozone could deal with an abrupt exit by Greece, even though he says he doesn...

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The Greek Opportunity for Europe

Peter Alexander Meyers | Posted 05.10.2012

Read More: Greece Leave Eurozone, Eurozone, Greece, Greece Debt, European Union, Greek Debt Crisis, Europe, Euro, World News
Peter Alexander Meyers

As Greek departure threatens to incite the vultures and to extinguish that dream, a tremendous leverage is linked to exit. In this moment that specific power accrues to the Greeks. Does that make it their best option?

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