Greece
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Grexit

The Economist Gives Greece Only Two Weeks Before Collapse

British financial journal, The Economist, published an article under the title “Is “Grexit” at hand? Greece has only a couple of weeks left to convince its creditors” expressing doubts whether the Greek government can succeed in convincing Troika that...

Al Jazeera Reports on Why GRexit is Inevitable

A report by Al Jazeera's business editor Abid Ali was posted today at the international news agency’s online edition explaining why Greece will inevitably exit the Euro Zone. Despite the election results that could bring a new government in power...

George Osborne Warns Over Greek Euro Exit

George Osborne has warned of dire consequences if Greece leaves the eurozone without an "ambitious" plan to deal with the fallout. The Chancellor again suggested that so-called "Grexit" might be the only way to force fundamental reform in the currency...

BBC Visits Zakynthos Finding Empty Hotels and Islanders in Despair

The world-class British network BBC reports that Greek tourism is at an ominous state in light of the coming summer season. A BBC journalist traveled to Zakynthos to write a rather disappointing article about Greece’s once highly successful industry....

Papandreou: "Greece is Not the Problem"

George Papandreou, the former Greek Prime Minister talking to CNN, said that, “Many people have been pontificating, and patronizing, and moralizing, and scapegoating, saying you Greeks, you are the problem. I would say we Greeks have a problem. We...

Citigroup Inc: Citigroup Sees Greek Exit On January 1, 2013

“Greece will leave the euro zone on January 1, 2013 and its new currency will immediately fall by 60% against the euro, unleashing a sizable and unavoidable wave of contagion across Europe,” according to a report published by Citigroup...

EU Leaders Tell Greek Voters to Make "The Right Choice"

Meeting in Brussels yesterday evening (May 23), EU heads of state and governments indirectly called on Greek voters to support the mainstream political parties in support of the EU/IMF bailout program as talk of a Greek exit from the...

A Crisis of Democracy: Greece

Since the elections of May 6, Greece has been in all media headlines in Europe, with the focus being on the Greek left party SYRIZA that on a platform of reversing austerity, won second place. As negotiations with the...

Market Watch: 'If Greece Exits Eurozone, Replace It With Turkey'

A writer on the well-known blog Market Watch is making a heretical suggestion, proposing that if the "Grexit" takes place, Turkey should replace our country in the Eurozone. The article says, “If Greece ends up leaving the Eurozone, as the...

The Economist: 'The Greek Run and the GREXIT'

The British magazine The Economist published an article about the Greek crisis, showing a 20-Euro-note burning by the flame of an Olympic torchbearer. Titled "The Greek Run," the article reports on "the ugly term for what may soon become an...