ATHENS (Reuters) - Greeks took to the streets in the tens of thousands on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the country’s future in Europe’s single currency. Prime Minister...Show More Summary
‘The Arena’ is a new political podcast featuring John O’Donovan, John McGuirk and Johnny Fallon. Slugger O’Toole is delighted to be associated with this new podcast and over the coming weeks and months we will be improving the quality and depth of the podcast. In the months ahead it will feature debate, interviews analysis and more...
The person who says "I'm voting no" has a point. Not the person who says it out of blind and thoughtless rage. He's just an idiot. But the person who doesn't want his "yes" to be interpreted as an absolution of what happened in the past five years or as an advanced affirmation of the continuation of the same policy without corrections. Show More Summary
Rival rallies laid bare the deep divide heading into a referendum that may decide Greece's future in Europe's single currency. ||| Athens - Greeks took to the streets in their tens of thousands on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the country's future in Europe's single currency. Show More Summary
On Sunday, July 5, Greece will have a referendum on whether to accept an accord with its creditors. This weekend could be Greece's last chance to get a bailout, or possibly default to the International Monetary Fund. Not only could this...Show More Summary
Many people want to know more about Democratic presidential candidate Bernie Sanders' foreign policy agenda. Yes, they say, we like what Sanders is saying about reducing extreme inequality, about reducing the political power of the billionaire class. Show More Summary
After months of tense and drawn-out negotiations, bailout talks between Greece and its international creditors have apparently broken down. The (seemingly) final act came last weekend at an emergency meeting of euro-zone finance ministers who rejected Greek request for the extension of the financial assistance program. Show More Summary
On Monday, in “Beggar Thy Neighbor? Greece’s Battered Banks Beget Balkan Jitters,” we took an in depth look at the potential for the Greek banking crisis to infect Bulgaria, Romania, and Serbia, where Greek banks control a substantial percentage of total banking assets. Show More Summary
With investors watching events in Greece with concern, Congress has opportunities to take critical steps to protect enterprise and entrepreneurship in the United States, isolating us from the turmoil that plagues the European Union. Among other things, private property rights and patent laws make America unique. It stands to reason [...]
Far from stemming Greece's debt crisis, Sunday's national referendum on a European bailout could sow even more chaos
Must- and Should-Reads: James Galbraith: [Greece: Only the 'No' Can Save the Euro: As Greece prepares for a referendum on its creditors' demands for austerity, the future of Europe hangs in the balance](http://prospect.org/article/greece-only-no-can-save-euro)...Show More Summary
ATHENS, Greece (AP) — The brief but intense campaign in Greece's critical bailout referendum ends Friday, with simultaneous rallies in Athens supporting "yes" and "no" answers to a murky question in what opinion polls suggests will be a very close vote.
Greece's top administrative court ruled Friday that a referendum on terms offered by the country's major lenders for another bailout was constitutional, clearing the way for a vote this weekend.
Global markets taking Greek crisis in their stride as China's stocks hit bear territory.
Since several commentators have raised questions about the similarities between the debt situations of Greece and Puerto Rico, it is worth pointing out some important ways in which they differ. Puerto Rico gets the benefit of several important federal government programs which will continue regardless of the finances of its own government. Show More Summary
The timing of the release of The IMF's 'Greece needs a debt haircut no matter what' report this week was odd to say the least. Being as it confirmed everything the Greek government has been saying and provided the perfect ammunitionShow More Summary
Greece is on the edge of economic and social catastrophe which all the kings men may not be able to put together again for decades. Experts and historians will strive for years to apportion blame for the unfolding human tragedy in the cradle of European civilization. It is happening despite Europe’s longest ever era of [...]Show More Summary
(July 3, 2015 02:22 PM, by Scott Sumner) The answer is probably yes (and the scare quotes head off complaints that big impersonal governments don't actually have human feelings.) The administration has clearly been upset that the Eurozone isn't doing more to help Greece. They complain that a... (0 COMMENTS)