Greece Debt Crisis

Greece Heads Towards Default As Merkel Rules Out Fresh Negotiations

The Huffington Post UK | Paul Vale | Posted 30.06.2015 | UK

There will be no more negotiations with Greece until after Sunday’s referendum, German Chancellor Angela Merkel said on Tuesday, leaving the Mediter...

A Greek Tragedy That Can Only Be Ended by Greece Leaving the Euro

Adnan Al-Daini | Posted 29.06.2015 | UK Politics
Adnan Al-Daini

What kind of system have we created where our elite inflict austerity on ordinary people that causes misery and suffering to millions, while financiers and gamblers of financial markets enjoy such a bonanza of riches? The mind boggles.

If Greece Votes 'No' To Latest Proposals, Cameron Doesn't Think They Can Keep The Euro

The Huffington Post UK/ PA | Kathryn Snowdon | Posted 30.06.2015 | UK

If the Greeks vote to reject the Eurozone's bailout terms of their country, they should leave the euro, David Cameron has suggested. The Prime Mini...

The Larger Battle Being Fought By the Greeks

Manuel Barcia | Posted 26.06.2015 | UK Politics
Manuel Barcia

As for the EU, there's little else to say. They have gone from promising the earth and the heavens to their citizens, to becoming the executioners of the IMF and their own bankers. Pity they cannot see that by carrying out like this, they are not just destroying Greece but also the very foundations of their precious and profitable political and economic unity. For them, too, the hour of reckoning is nigh.

The Waugh Zone June 23 2015

The Huffington Post UK | Paul Waugh | Posted 23.06.2015 | UK Politics

The five things you need to know on Tuesday June 23, 2015... 1) BLUE SKYPE THINKING Michael Gove was sent to the Ministry of J...

Soundtrack to a Grexit

Kaushik Ray | Posted 22.06.2015 | UK Politics
Kaushik Ray

Drama and tragedy: Greek concepts, Greek words and the Greeks love them both. Yet to top them off, there's nothing that the average Greek loves more than a good song and dance. From the lyre to the bouzouki and all manners of drums and dancing in between, music is one part of an ancient culture that no Grexit can extinguish.

Reporting The Real Human Story Behind Greece's Financial Meltdown

Anna Foster | Posted 19.06.2015 | UK Politics
Anna Foster

Some parents, deciding they simply can't afford to keep their children, take them to the hospital and leave them there. Others are so broken by the stress of the financial crisis that they can no longer care for their sons and daughters.

How Will the Eurozone Cope With the Next Downturn?

Simon Tilford | Posted 17.06.2015 | UK Politics
Simon Tilford

Spring brought a burst of sunshine over the eurozone economy. The French economy expanded rapidly in the first quarter of 2015 and even the Italian one managed respectable growth. Fiscal policy is no longer contractionary across the eurozone as a whole. Cheaper oil is boosting consumption. A weaker euro is boosting exports. And the ECB's quantitative easing appears to be working: money supply growth is picking up, suggesting deflationary pressures are easing.

Europe's Greatest Challenge? Understanding Its Mandate

Ben Gwalchmai | Posted 16.06.2015 | UK Politics
Ben Gwalchmai

Understanding its mandate & not kowtowing to financiers or extremists. For the political leaders of the European Union, it's easy to lose perspective...

Athens-Moscow: An (Un)orthodox Alliance?

Giovanni Vimercati | Posted 18.06.2015 | UK Politics
Giovanni Vimercati

Shortly before Greece's Prime Minister Alexis Tsipras met Vladimir Putin in Moscow on his first official visit to Russia, the Financial Times publishe...

Give Greece a Chance

Florian Schui | Posted 19.05.2015 | UK Politics
Florian Schui

Greece's Alexis Tsipras has embarked on a European tour to win support for his economic agenda. European leaders should engage constructively with his proposals. There are many good economic arguments for Tsipras plans but the main reason to make concessions to Greece is a lesson from the politics of the Great Depression.

Syriza Faces a Painful Dilemma: Should Coal Fuel Greece's Economic Recovery?

Brendan Montague | Posted 25.04.2015 | UK Politics
Brendan Montague

Prometheus, according to mythology, gave fire to humankind only to suffer in perpetuity. Today in Greece, the new Syriza government must confront the modern equivalent of this ancient dilemma: whether to burn fossil fuels to ignite financial recovery.

Syriza Fights For All Of Us and We Must Fight For Them

John Wight | Posted 11.04.2015 | UK
John Wight

A seminal moment in Greece's long history had arrived, with hope replacing despair and optimism in place of the oppression that had reduced life for millions to a struggle for survival.

Greek Debt in a Nutshell

Ian Baxter | Posted 07.04.2015 | UK Politics
Ian Baxter

New Greek Finance Minister Yanis Varoufakis is cutting a dash as he jets around Europe economy class. It certainly makes a change to see a leader so seemingly down to earth even if I think he'd look more credible with his shirt tucked in. But as the rest of the Eurozone wonders how to solve a problem called Syriza what are the rights and wrongs of this situation and where can the solution be found?

QE and the Hangover From the All-You-Can Eat Bailout Buffet

Naomi Kerbel | Posted 27.03.2015 | UK
Naomi Kerbel

Some fear the standoff with the Troika - the International Monetary Fund, the European Central Bank and the European Commission - could derail the Greek recovery and spread to other countries re-igniting the eurozone crisis. Whether smooth sailing or a rocky ride, the voyage will be memorable. Lifejackets at the ready.

Here's Six Radical Things Greece's New Ruling Party Want To Do Now...

The Huffington Post UK | Posted 26.01.2015 | UK Politics

Syriza has swept to victory in the polls as Greeks voted decisively against austerity, leading to their party leader, Alex Tsipras, to declare: "Today...

Greece: Hope In Short Supply

Simon Mack | Posted 22.09.2014 | UK
Simon Mack

They tell me under this island is Europe's richest deposits of oil and gas, the Chinese Prime Minister visited this month, and the government here are getting paid to allow the Syrian Chemical weapons arsenal to be poured into the sea just off the North Western coast... Exactly why is this Doctor serving me coffee earning a little over 400 euro per month (£320 approx.) in the process? She can't answer that one either.

Do We Want to Solve the Eurocrisis? Let's Look South!

Dr Mark Esposito | Posted 09.02.2014 | UK Politics
Dr Mark Esposito

This model of growth is inefficient from a macroeconomic perspective because it incurs into dispersion and disposal of public funds, but it could be very efficient from a microeconomic lens, which is where markets reside...

Greek Universities a Battleground for Austerity

Julie Tomlin | Posted 07.02.2014 | UK
Julie Tomlin

With unemployment among Greek women currently at 31.6 per cent compared to 24.6 per cent among men, the prospect of losing a job in the female-dominated public sector is a grim one.

What Is Driving the Greek Stock Market Recovery?

Martin Koehring | Posted 23.01.2014 | UK
Martin Koehring

Amid the debt crisis and concomitant economic depression, the Athens Stock Exchange (ASE) lost 91% of its value between its peak in late October 2007 ...

'A Third Greek Bailout Is Inevitable'

The Huffington Post UK | Asa Bennett | Posted 23.08.2013 | UK

Greece's economic problems could be so deep that it would need to be economically bailed out for a third time, Dutch finance minister Jerosen Dijsselb...

Greece's New Focus on Exports

Martin Koehring | Posted 20.08.2013 | UK
Martin Koehring

The Greek government and its EU/IMF creditors want Greece to attract investment (especially from abroad) and boost exports in order to bring about economic recovery. But Greece has traditionally been a relatively closed economy that is only slowly opening up.

Greece: Germany Owes Us €162 Billion For The Second World War

The Huffington Post UK | Posted 10.04.2013 | UK

Greece is considering slapping a €162 billion invoice on Germany as compensation for the Second World War. Athens has compiled a top-secret repor...

The Geopolitics of the Cyprus Crisis

Andrew Gawthorpe | Posted 23.05.2013 | UK Politics
Andrew Gawthorpe

By threatening to sour Russian-EU relations and even propel an EU member state into the arms of Moscow, the currency union is reviving tensions between old antagonists.

Let the Music Play: What Can Bring Hope to the Greek People?

Julie Tomlin | Posted 22.04.2013 | UK Politics
Julie Tomlin

What happens when the mood of a whole nation can be characterised by hopelessness and despair? In Greece, where people have been on the receiving end of severe austerity measures and lived through six years of recession, it's a question that politics, as we know it, seems incapable of addressing.