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Greek Debt Crisis

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 ...

IMF To Eurozone: Cut Greece And Spain Some Slack

Reuters | Posted 12.11.2012 | Business

* IMF endorses giving Greece more time to meet targets * Germany says ditching debt-cutting goals hurts confidence * Dev...

7,000 Greek Police To Crack Down Before Merkel Visit

AP | NICHOLAS PAPHITIS | Posted 12.08.2012 | World

ATHENS, Greece — Greek police have increased security and are preparing to close down large sections of the capital Athens to contain protests a...

The New Nazis of Europe: Coming to America?

Richard Brodsky | Posted 12.03.2012 | Politics
Richard Brodsky

Golden Dawn has opened an office in Washington, and some of what we've heard from the Baltic states should give the State Department pause. Even the Timothy McVeigh's decision to bomb government buildings still resonates among some extreme right-wing groups.

'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...

Fire Bombs And Tear Gas Mark Greek Protest

AP | Posted 09.09.2012 | World

THESSALONIKI, Greece -- Hundreds of protesters have battled riot police for hours over plans for a gold mine in northern Greece's Halkidiki peninsula....

Greek Austerity Plan May Get The Axe From Everyone

Reuters | Posted 11.09.2012 | Business

ATHENS, Sept 9 (Reuters) - Greece's international lenders have questioned some of the measures included in a near 12 billion-euro ($15 billion) aust...

Eurozone Insists Greece Accept Six-Day Workweek

Posted 09.04.2012 | Business

Greece’s debt crisis could take a toll on its weekends. In exchange for a second bailout, Greece’s creditors are demanding that the country’...

Greece's Future Hangs On One Report

Reuters | Posted 10.27.2012 | Business

By Luke Baker and Deepa Babington BRUSSELS/ATHENS, Aug 27 (Reuters) - The euro zone debt crisis was born in Greece. Nearly three years ...

French President: 'There's No Time To Lose'

Reuters | Posted 10.25.2012 | Business

* Samaras says Greece determined to stay in euro * Hollande says Greece must show commitment to reform * German finmin r...

Getting Around In A Debt Crisis Can Be Tough

Reuters | Posted 10.08.2012 | Business

* Greeks cut back on fuel and taxis * Once lowly bike gaining popularity By Karolina Tagaris ATHENS, Aug ...

Big Bank Predicts Greece Will Likely Exit Euro

Reuters | Posted 09.25.2012 | Business

MILAN, July 26 (Reuters) - The chances of Greece leaving the euro in the next 12-18 months have risen to about 90 percent, U.S. bank Citi said in a ...