Topic: Greece

The Greek debt fallout

It took ten years for Troy to fall in Homer's telling of the Trojan War. The euro is roughly ten years old. Coincidence?

Greek debt crisis: High stakes game of financial chicken

The European Union is pushing Greece into deep economic reforms as a way to end the Greek debt crisis and stabilize the weakening euro.

Greek debt crisis: What will happen to the eurozone?

If the Greek debt crisis collapses Greece, Spain and Italy and even Germany could follow.

Why Greece won't default

It's possible, but highly unlikely, that Greece will default on its debt.

The UK and the failure of Keynesian economics

The UK is ground zero for testing Keynesian economics. Guess what? It's not working. 

Turkish leaders meet to dispel coup plot tensions

Turkish leaders met to dispel coup plot tensions after the country increased the number of senior military officers charged with planning a coup in 2003 to 20.

Wall Street facing a Greek fire

Deficit hypocrisy from the left and the right

Liberals and conservatives alike have flip-flopped on the issue of the growing deficit. 

Turkey charges military officers over coup plot

Seven Turkey military officers were charged on Wednesday with a coup plot against the country’s Islamist-leaning government.

Fiscal policy is 'out of control.' So what?

Creative bookkeeping: Not just a Greek problem

There have been other instances of creative bookkeeping in Europe.

French air traffic controllers' strike latest European labor trouble

A French air traffic controllers' strike has grounded dozens of flights in Paris, one of Europe's busiest air travel hubs. The first hints of spring appear to be bringing strike fever to Europe.

US unemployment and the Technicolor depression

Unlike the black and white depressions that have preceded it, the current US depression – and it is a depression if unemployment is measured the same way it was in during the 1930s – this one is Technicolor.

Market rally like the 1970s?

In the 1970s, a bear market was disguised by a series of market rallies. Some think a similar phenomenon might be occurring now.

A world economy that calls for hope and confidence

A Christian Science perspective.

Worse than the US budget: the shadow financial industrial governmental complex

How your US taxes could be bailing out Greece

US tax dollars being funneled to Greece? Texas Congressman Ron Paul says, "We don't know."

Can Obama's deficit commission work, as partisanship rages?

Obama created a deficit commission Thursday that includes both Democrats and Republicans. But the move comes during an election year rife with mistrust and political maneuvering.

Right and wrong from Eichengreen about euro area breakup

Amid Greek debt crisis, Iceland still recovering from its own collapse

While Greece battles its debt crisis, Iceland – where major banks collapsed in the wake of the global financial meltdown – is gearing up for a referendum on whether its taxpayers will shoulder the burden of paying back billions of dollars of debt.

The Monitor's View: Why Europe can't let a reckless Greece off the hook

Other countries that use the euro want to see proof that Greece is taking painful austerity measures before they spell out what a rescue might look like. It's a return to concern about 'moral hazard' -- which got trampled in the rescue of the US financial system.

Do indebted nations need their own Ash Wednesday, Lent?

After years of overspending, Greece and other heavily indebted nations need the sacrifice and budget discipline symbolized by Ash Wednesday and Lent.

Greek Party(ing) Is Over?

Bank Of England Is Responsible For High U.K. Inflation