debt crisis

Turkish-Cypriot leader Dervis Eroglu has sent a letter to UN Secretary General Ban Ki-moon, calling for the re-launch of negotiations with the Greek-Cypriot administration. According to a statement issued on Saturday, Eroglu called on the Greek-Cypriot side to return to the negotiating table. The...

Greece welcomed the New Year with wishes for a swift exit from the severe debt crisis which has brought hardship to Greek people over the past three years. Amid painful austerity and recession political leaders and citizens on the streets...

Dr. Armand D'Angour initially studied piano and cello at the Royal College of Music, so it seems out of sorts that we would turn to a professional musician to discuss what ancient Greeks would do if faced with the...

Media agencies around the world may be constantly reporting on an impending Greek exit from the Euro Zone, but there are warnings of a possible negative outcome in the Greece situation, which could prove disastrous for the future of...

Greek workers have joined May Day rallies in Athens, to vent their anger over painful austerity measures. The capital has come to a standstill. Buses and trains are not running and public sector offices have been shut down. Those protesting want...

Canadian newspaper National Post published an interview with Greek Ambassador Eleftherios Aggelopoulos. Titled "After the painful debt restructuring, Greece tries to develop," the Greek diplomat answers questions concerning Greece. Should the memorandum become enforced and new investments become available to...

After the suicide of Dimitris Christoulas at Syntagma Square, journalist Amol Rajan writes in the British Independent that "Greece suffers from the most idiotic economic experiment in modern history." "Europe owes Greece a ," he comments. The journalist was in...

The famous journalist Stelios Kouloglou chose the internationally used Greek word "Oligarchy" to present his latest documentary in which he seeks to shed light on the "birth" and spread of the financial crisis, as well as of the role Goldman Sachs...

"Bad times are good times for cartoonists," said Maria Tzaboura, a cartoonist for the Greek newspaper Proto Thema who sees humor as a form of protest. But cartoonists do not merely use humour to depict social circumstances but rather...

Prime Minister George Papandreou may propose the formation of a coalition government of national unity to lead the country out of its debt crisis, a Greek newspaper said on Saturday, but the Greek government denied the report. Financial daily Imerisia...