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Greece debt crisis News

Op-Ed: Are We Witnessing The End Days Of Supply Side Economics?

Embracing a new economic theory, after it gains a foothold in the public consciousness, only occurs when a sustained undesired economic result from the previously employed thesis metastasize into a full crisis for the political class.

In the Media by Marvin Clark - 1 comment

Greek President: 'Banks very weak'

Athens - In a run on banks associated with recent elections and government economic insolvency, Greek depositors withdrew €700 million ($898 million) from local banks Monday.

In the Media by Larry Clifton

Op-Ed: Good side of Greek debt? Markets might learn the LIARS lesson

Sydney - The likelihood of a Greek default has been causing shudders around the world. A small economy’s debt has terrified the finance markets. The risk of a Greek default, followed by further defaults is the bug eyed monster, but there’s a good side.

In the Media by Paul Wallis - 4 comments

Mobile Social Kitchen Feeds the Hungry in Athens

Athens - A mobile social kitchen in Athens attempts to feed the growing number of hungry people. Placing themselves in a different square daily, they carry all their equipment by car and set up in a different location each day.

In the Media by Jeffrey Andreoni

Op-Ed: Bizarre investor logic as the Greek bailout staggers along

Sydney - Just when you thought global finance couldn’t get any less impressive, the private bond holders, the European Central Bank and the IMF have come up with a new spin. The Greek bond settlement is expected to go through, with some truly strange logic.

In the Media by Paul Wallis - 6 comments

Op-Ed: Ungrateful Greeks should say 'thank you' claims German politician

Patrick Döring, German political leader of the minor Free Democratic Party (FDP), who in December was accused of a hit and run traffic crime, has turned his attention to criticizing what he considers ungrateful Greeks.

In the Media by Katerina Nikolas - 1 comment

Scandal of Greek MP's sending funds abroad during debt crisis

Athens - A scandal has engulfed the Greek Parliament following revelations that an unnamed member of Parliament allegedly sent €1 million of personal funds to a Swiss bank account during 2011.

In the Media by Katerina Nikolas

British evacuation from Greece claims 'ridiculous'

William Hague, Britain's Foreign Secretary, has warned Britons in Greece that they should register with British authorities as UK prepares evacuation procedures.

In the Media by Marlene de Wilde - 3 comments

Review: Artemis Honey, an ethically produced gastronomic delicacy Special

Athens - A social cooperative at a psychiatric hospital in Greece is producing honey and transforming the lives of the patients and the local community as well.

Digital Journal Report by Jeffrey Andreoni - 1 comment

Leaked Troika report says Greek bailout may well fail

A leaked report from the Troika reveals that the very body responsible for agreeing the bail out loan to Greece, expect it may well fail.

In the Media by Katerina Nikolas

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Greece debt crisis

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Q&A: Greek debt crisis

Where next for Greece and the eurozone?

VIDEO: Greece restarts debt crisis talks

The BBC's Aaron Heslehurst on the resumption of Greece's debt crisis talks and China's refusal to pay a new EU airline tax.

Deutsche Telekom hurt by crisis

Deutsche Telekom reports a loss due to a drop in demand in Europe, including Greece, because of the eurozone debt crisis.

Greek unemployment hits new record

Greece's unemployment rate reached a record high in February, according to date released Thursday, as Europe's politicians continued to discuss how to resolve the region's debt crisis.

Greek bailout talks pushed to Monday

Crisis talks on a debt deal for Greece among the three leaders of parties supporting the coalition government were suspended and will continue Monday.