Greece on the Brink, Risks “Vortex of Self-Destruction”
Greece’s former prime minister predicts further economic contraction if the country exits the euro.
Greek Debt Crisis
Greek Euro Exit Would Prompt Geopolitical Realignment
Abandoned by Europe, Greece may be tempted to deepen its ties with Israel and Russia.
Greece Edging Closer to Default, Eurozone Exit
Leaving the currency union wouldn’t make things easier for them, but Greeks are increasingly likely to try.
Far Left Risks Greece’s Expulsion from Eurozone
Leftists’ refusal to meet the conditions of Greece’s bailouts puts its future in the euro at risk.
Greek Debt Agreement Met With Cautious Optimism
Having reduced its gargantuan debt burden, the Greek government can say, from here, things will get better.
Greece Enters Selective Default With Second Bailout
Greece enters “selective default” as a result of a bond swap arrangement.
German Minister Laments Greece’s Broken Promises
Greek promises on austerity are no longer enough to justify continued financial support.
Greek Leaders Clinch Austerity Deal for Bailout
Greece’s political leaders agreed to implement further budget cuts in order to qualify for another European rescue package.
Dutch: We Can Live Without Greece in Eurozone
Dutch leaders suggest that the European single currency would survive a Greek exit.
Greece’s Problems Are Only Getting Worse
The Greek economy is shrinking and its debt burden growing at a faster pace than previously projected.
Greek, Italian Leaders Under Pressure to Go
George Papandreou and Silvio Berlusconi are urged to resign by parliamentarians ahead of a G20 summit.
Greece Calls Referendum on Bailout Plan
“We trust citizens, we believe in their judgment,” said Prime Minister Papandreou. Many of his countrymen oppose the bailout.
European Leaders Plan for Partial Greek Default
As Greece struggles to mend its deficit, eurozone countries debate whether to help banks in the event of a default.
Europe’s Last Chance to Let Greece Default
Once European nations agree to a second financial rescue package for Greece, there’s no way back.
Eurozone Crisis Enters New Phase
Joonatan Jakobs is more optimistic about Europe’s ability to emerge from its debt crisis but many uncertainties linger.