Greece
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Greek debt crisis

Obama Blasts Stubborn Austerity Measures Imposed on Greece

Former US President Obama, in his gigantic new book of memoirs called "A Promised Land," released on Tuesday, speaks at some length about Greece's debt crisis, which he admitted kept him and his aides up at night during its...

Greece Denies Postponing Bond Issue Due to Italy Crisis

Greece on Wednesday denied reports that the planned issue of a 10-year government bond had been postponed, pointing out that no decision to issue such a bond had been made. Earlier, Reuters reported that Athens had decided to push back...

Greek Tourism Revenue Might Help the Country Turn a Corner, But Still a Bumpy Road Ahead

Tourism in Greece is on the rise and the revenue from the tourism sector is crucial for putting the Greek economy in the green. However, even with the 9 percent increase in tourism this year, there are still factors...

President Pavlopoulos: Only the Issuing of a Eurobond Could Resolve Debt Crisis

The issuance of a type of Eurobond is the only way to resolve the debt crisis in the Eurozone, President Prokopis Pavlopoulos said during a ceremony to proclaim him an honorary Doctor at the University of Patras on Sunday. “Only...

Nobel Prize-winning Economist Paul Krugman Says He Sees No Progress on Greek Debt Crisis

Nobel Prize Winner and Op-Ed Columnist for The New York Times, Paul Krugman, said in an extended interview he granted yesterday to Business Insider that he does not feel optimistic about Europe and sees no progress on the Greek...

Eurogroup Chief Jeroen Dijsselbloem Talks from Both Sides of Mouth On Greek Debt and Pension Reform Proposal

Speaking on Bloomberg from Davos, Eurogroup chief and Dutch Finance Minister Jeroen Dijsselbloem described the Greek government’s pension reform proposal as a serious one, but then went on to say that “the numbers still do not add up,” reaffirming...

Soros Says EU in Throes of Collapse and Greek Problem Has No Solution

Speaking on Bloomberg from Davos, George Soros said that the European Union is facing an existential crisis and that the refugee crisis is leading to the collapse of the European Union. He also commented on the ongoing Greek debt drama...

Do Personalities Matter in Greek Politics?

The election of Kyriakos Mitsotakis as leader of Greece’s conservative New Democracy (ND) party could herald a new approach to Greek politics, or at least so is the hope and the expectation among many Greeks who see in him...

Poorly Executed Negotiation Tactics Led to Syriza’s Capitulation, Says Harvard

Ever since the outbreak of the Greek debt crisis and the subsequent bailout programs that followed (the first one in May 2010 by the Papandreou government and the second one in June 2012 under the Samara’s government), numerous analysts...

Is There Light at the End of the Tunnel for the Greek Crisis?

Ever since the Greek debt crisis erupted, back in late 2009, each successive government actively sought to defuse a sharp backlash against the bailout programs imposed on the country by the notorious trio of the International Monetary Fund (IMF),...