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Eurozone Says Greece Will Get Next Loan Installment
After weeks of worry, Greek officials were told Oct. 21 that a critical $11 billion loan installment as part of a $152 bailout to keep the country from going bankrupt[...]
Greek Parliament Gives Initial Approval to Austerity Law
Greek lawmakers gave on Wednesday initial approval for an austerity law cutting wages and hiking taxes, crucial for the country to receive a next...
Protesters Clash With Police (video)
Police clashed with protesters outside parliament on Wednesday, firing tear gas as they came under attack with firebombs during a massive demonstration against austerity.
Protesters...
Destination Nowhere Part III: Athens
Athens has become a kind of purgatory for migrants entering Europe – a cramped, violent and sweltering waiting room that one may never get to leave.
Two-Day Strike to Paralyze Services
Unions are to scale up their protests and walkouts on Tuesday ahead of a two-day general strike on Wednesday and Thursday, expected to be...
Why Greek-Style Strikes Can’t Happen in America
If you awoke today in Athens – and before you went to bed last night – one of your first duties would be to...
Finance Minister of Skopje Says Declare Greece Bankrupt
The European Union should declare Greece’s bankruptcy official, according to Zoran Stavreski, Skopje's Finance Minister and Deputy Prime Minister.
Skopje and Greece share borders, currently...
Greek Demonstrators Join Global "Day of Rage"
Sol Square in Madrit, Tahrir Square in Cairo, Green Square in Tripoli, Syntagma Square in Athens, Zuccotti Park in New York and now Paris,...
Greek Surtax Doubles, Tax Inspectors Set to Strike
A relentless wave of tax increases hasn't provided enough revenue to plug a deep hole in public finances, so a new supposed one-time “solidarity” surtax on income paid by Greeks will continue next year[...]
Nobel Winner Pissarides Says No Default, But Big Haircut
As Greek leaders are admitting that the country’s investors won’t get paid back all they are owed, Cyprus’ Nobel Prize Winner for Economics Christopher...