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Greece Considers Snap Elections to Overcome Negotiations Deadlock

It looked like that Greek Prime Minister Alexis Tsipras considered the snap elections scenario for Greece, as talks with the country's international creditors did not produce an agreement. However, after a cabinet meeting he decided to hold a referendum instead. Greek Media...

Here’s How the EU Plans to Strengthen Europe’s Monetary Union

Today, the five Presidents – European Commission President Jean-Claude Juncker, together with the President of the Euro Summit, Donald Tusk, the President of the Eurogroup, Jeroen Dijsselbloem, the President of the European Central Bank, Mario Draghi, and the President...

Two Opposing Rallies in Athens, Essentially For and Against Europe

In the past week, two separate demonstration rallies took place in front of the Greek Parliament in Athens, showing once again the polarization of Greek people in such a critical time for the Greek economy and society in general. It...

Greeks Demonstrate They Want to Stay in Eurozone

Under the slogan "We Stay in Europe", about 5,000 people demonstrated on Thursday in favor of the euro currency and Greece's stay in the European Union. The demonstration took place at Syntagma Square, in front of the Greek Parliament and...

The Times: Tsipras' Wife Will Leave Him If He Signs a Bad Deal

Greek Prime Minister Alexis Tsipras allegedly said that his wife and mother of his two children, Betty Baziana, will leave him if he signs a deal that includes austerity measures, according to The Times. The report said that Tsipras...

Poll Shows 74% of Greeks Want to Remain in Euro Zone

A new poll shows that 75 percent of Greeks want to remain in the common currency bloc, while 50 percent would like to remain even if the government crosses the red lines it has set in negotiations. The poll, that...

ECB Report: 'Default Risk Has Increased Sharply in Greece'

Euro area systemic stress has remained low over the past six months, but the risk for a Greek default has increased sharply, according to the latest Financial Stability Review of the European Central Bank (ECB), which was released today. Greek...

Greece: Political Stress in Debt and Social Justice

By Johnna Montgomerie*, Goldsmiths, University of London Greece is back in the news (has it ever left?) with a new debt payment looming and the ruling Syriza Party increasingly marked by internal tensions. The call from some in the party to...

Woody Allen: It's a Pity we Read About Greek Crisis and not Plato or Socrates

"Instead of Plato and Socrates, we read about Greece's economic disaster," said top American director Woody Allen while in Cannes to promote his new film "Irrational Man." "It is horrible. Every day I open the paper and read about Greece's disaster....

Poll: 66% of Greeks Favor Deal, 31% Want Rift with Europe

A new opinion poll shows that 66 percent of Greek citizens want the government to come to an agreement with international creditors, while almost 31 percent would like a rift with Europe. The poll was conducted by MARC and also...