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What does bankruptcy mean for Greece?

In a speech to the nation on Saturday night, the Greek Prime Minister outlined the consequences of the latest bailout measures not being ratified in parliament.
In the Media by Marlene de Wilde - 2 comments

Greek Prime Minister warns of chaos ahead

As more MPs indicate their oppostion to the latest austerity measures, Greek Prime Minister Lucas Papademos warns that, should the package not be approved on Sunday, the nation would be sent down "an unknown and dangerous path".
In the Media by Marlene de Wilde

Greek police seek arrest warrants for Troika representatives

Athens - Troika representatives could possibly face arrest if they enter Greece, as the Greek Police Federation Union has called for arrest warrants for three leading Troika figures. It has also placed a bounty on their heads.
In the Media by Katerina Nikolas

Greek humiliation as Brussels demands yet more

Athen - After agreement was reached on Thursday over a ruthless package of austerity measures to be implemented in Greece, Brussels is now making even more demands before the loan necessary to stave off default is approved.
In the Media by Katerina Nikolas - 9 comments

Strikes in Greece against latest round of austerity cuts

Athens - More protests and strikes in the Greek capital as latest austerity measures are put to the vote in parliament. Public transport and ferries affected.
In the Media by Marlene de Wilde

Greek austerity package agreed with Troika to secure bail loan

Athens - Greek politicians have finally reached an agreement on new austerity measures demanded by the Troika in order to secure the 130 billion Euro loan needed to prevent a disorderly default in March.
In the Media by Katerina Nikolas - 1 comment

Greek political salaries and perks exempt from austerity

The salaries, expenses and perks received by 300 Greek politicians are a shameful disgrace, as they preside over austerity measures.
In the Media by Katerina Nikolas - 1 comment

Greek strike protesters burn German flag, chant 'Nazis Out'

Athens - Thousands of protesters rallied outside Athens Parliament on Tuesday, as the nation held another 24-hour strike. Police turned tear gas on protesters who burned the German flag in anger over apparent German domination of Greece.
In the Media by Katerina Nikolas - 1 comment

Experts: Greek austerity is not working

Athens - Austerity measures in Greece are plunging the economy into ever deeper recession, making it apparent that austerity is not working. Poul Thomsen of the IMF has admitted that further fiscal hardship will not work.
In the Media by Katerina Nikolas - 7 comments

Greek MP's raise the issue of German war reparations

Athens - Increasingly hostile sentiment towards Greece from Germany has inevitably resulted in the issue of unpaid war reparations rising to center stage.
In the Media by Katerina Nikolas - 6 comments
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