ATHENS, Greece -- Unemployment in debt-crippled Greece rose to a record of 26 percent in the last quarter of 2012, as austerity measures combined with...
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.
When I listened to Governor Romney referring repeatedly with disdain to Greece and its dire situation, I found it shocking, insulting and incomprehensible.
For many young Greeks who face a record 50 percent unemployment rate, immigration seems to be the only practical option. Societal values are changing as different attitudes are evolving.
ATHENS, Greece (AP) — Greek court officials say a prosecutor has brought misdemeanor charges against Morgan Stanley for alleged insider trading in c...
ATHENS, Greece — Greece's prime minister warned Tuesday that the country's battered economy is expected to contract by 7 percent this year, but ...
ATHENS, Greece -- Greece's three-party coalition government will try to get the economy out of its deep recession by encouraging private investment an...
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.
We are doing everything halfheartedly, taking part in a frenzied campaign to keep ourselves heartened, to convince ourselves not to give up.
A Greek company in the deep end of the contrarian pool is my preferred choice. Not because it has better growth prospects. It doesn't. But it has one thing FB lacks: It's priced right for the risk.
As dire as the situation is, our family has not once felt unsafe during our two-week stay outside of Athens.
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.
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.
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?
The world may be talking about the upcoming Greek elections but the Greeks -- true to their adolescent hearts -- are out in the sun swimming, tanning, drinking coffee and enjoying the moment. Tomorrow is another day.
In the Financial Times, Stein Ringen, a professor of sociology at Oxford, takes a lash to forecasting-happy economists, this time over the eurozone. The column provides a lesson in how difficult it is to resist the allure of prediction and the appeal of the simple dichotomy.
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).
Ultimately, what is even the point of participating in an electional process, when your vote is no longer truly needed? When your voice no longer has any bearing on the state of a nation?
So, Greece is in big trouble and in need of leaders with good crisis management instincts and experience. (If you know any, send them to Athens ASAP -- economy class only please.)
Do Greek authorities understand that, unless they play by the rules and restore their fiscal discipline, there will soon be another default... and no bailout? Nothing is less sure. This is not a few bad years; it is a different way to manage a country.
The growing global movement is just one example of the solidarity that is being displayed to Greece, a country that many see as a scapegoat, or even as the first nation to crash down in a likely financial domino-effect across the world.
Greek austerity measures, the necessary price of a European Union bailout, have already taken a toll on the lives of the debt-ridden country's populat...
In an affair like this one, which is political as much as economic, and where the highly inflammable matter being toyed with is a people, their pride, their memory, their revolt, their survival, one would like to have seen things handled more deftly.
The word 'crisis' has practically become a synonym to 'Greece' over the last year. But Greece is only a mirror of the world, which is perhaps why it draws such intense emotion and fascination.
Republican presidential hopeful Newt Gingrich said his luxury cruise vacation through the Greek Isles in June gave him a better understanding of Greec...
