Greece three weeks away from ‘explosive’ debt problems, says IMF A failure for Greece and the EU to reach a compromise by 20 February ‘would bring back Grexit with a vengeance’.[...]
Posts Tagged ‘Greece’
If Germany insists Greece pay its debts …
… then let’s insist Germany pay its debts. “In a blistering interview with the German newspaper Die Zeit, [Thomas] Piketty blasts Germany and it’s history of repayment of debt over the years, and it’s attitudes toward its fellow EU neighbor, Greece.” “What s[...]
Is Puerto Rico America’s Greece?
The similarities between the fiscal problems in Greece and Puerto Rico are more than unnerving….[...]
German Blood is Thicker than European Patriotism
ATHENS — Greece, the root of European Civilization, is close to financial collapse. Meanwhile, Germany continues to maintain a hard line with Athens after Greek voters decisively rejected a loan from its EU creditors under Thomas Pickety has pointed out : ‘If We Had Told You Germans In T[...]
Germany, Above all other nations, should understand the need to suport Greece in crisis
Thomas Piketty: Germany Shouldn’t Be Telling Greece To Repay Debt[...]
BREAKING NEWS: Yanis Varoufakis Abruptly Resigns
Yanis Varoufakis Abruptly Resigns as Greek Finance Minister The combative minister had taken a strong stand in demanding that Greece’s creditors write off some of its debts. NYTIMES.COM|BY LIZ ALDERMAN[...]
Greek voters reject EU’s austerity demands
UPDATE: CNBC has called the Greek election; the “No’s” have won. Greek voters resoundingly rejected the European Union’s austerity demands in a referendum today, with “No” winning by 61.3%-38.7% with all the votes counted. That means Greece’s socialist gove[...]
How POverty Is Transforming Greece
Stefanoudaki certainly misses what money used to buy, but even more than that, she says she longs for the peace of mind that her salary once provided. “I am in a constant battle with myself. I’m tired. I’m stressed. I miss being calm. I want to daydream about things I will do in the future[...]