Greece Debt

7 Things You Should Know About Greece's Cool New Finance Minister

The Huffington Post UK | Asa Bennett | Posted 27.01.2015 | UK Politics

Anti-austerity party Syriza has swept into power in Greece, with leader Alexis Tsipras now leading a coalition government with the Independent Greeks....

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.

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 ...

Greece's External Rebalancing Is Impressive but Also Deceptive

Martin Koehring | Posted 24.04.2013 | UK
Martin Koehring

Greece's impressive external rebalancing has culminated in the current-account deficit narrowing to 2.9% of GDP in 2012 from almost 15% in 2008. However, this process has mainly relied on a collapse in imports as a result of an ongoing sharp contraction in domestic demand, driven by fiscal austerity.

EU/IMF Deal on Greek Debt Offers No Medium-term Solution

Martin Koehring | Posted 28.01.2013 | UK Politics
Martin Koehring

The IMF has reached an agreement to reduce Greece's public debt to below 110% of GDP by 2022 and to ensure its repayment. The compromise avoids the need for a haircut on Greek debt held by eurozone governments in the short term. However, the deal, if implemented successfully, exhausts most options available to reduce Greek debt other than an outright write-down of Greek government debt.

Crisis? What Crisis?

The Huffington Post UK | David Hobbs | Posted 01.10.2012 | UK Sport

As the birthplace of the Olympics, Greece deserves its high ranking in the pantheon of sporting achievements but in the current austere times the idea...

Peter Guest

Bank Runs, Hyperinflation, Even Coups: The Anatomy Of A Euro Collapse | Peter Guest | Posted 08.12.2011 | UK

Battle-weary traders in Europe are readying themselves for yet another fraught deadline. The consensus view is that Friday's EU summit - where maj...

Merkel And Sarkozy Reiterate Commitment To Keep Greece In Eurozone

The huffington Post UK | Paul Vale | Posted 14.11.2011 | UK

German Chancellor Angela Merkel and French President Nicolas Sarkozy have reaffirmed their commitment to keep Greece in the eurozone following an eme...