Greek Prime Minster George Papandreou, who was born and raised in the U.S., belongs to Greece’s most important political dynasty — he’s the son and grandson of prime ministers. And yet just two years after he led the Socialist party to victory, his popularity has plummeted, his debt-stricken country is at [...]
6Q’s from the News from the New York Times, October 4, 2011: WHO comprises the “troika” that has kept Greece’s economy afloat? HOW many economies share the Euro? HOW many “bailouts” has Greece had? WHAT is Europe’s strategy to whittle down the public debt? WHAT might happen if Greece defaults on its debt? WHAT were taxi drivers protesting [...]
About a dozen Greek students stood in the rain, protesting outside a meeting of Greek and other European Union politicians in Berlin last week. They complained that the austerity measures that Greece imposed to meet creditor demands are too severe. Massive layoffs, salary cuts and spending freezes leave Greek residents [...]
Greece has unveiled a draft budget for 2012 that aims to compensate for a higher than projected spending deficit this year and put the public finances back on track as agreed with international lenders. The draft budget revises this year’s deficit projection upwards to 8.5 % of gross domestic product against [...]
The first time he bought eggs, milk and jam at an outdoor market using not euros but an informal barter currency, Theodoros Mavridis, an unemployed electrician, was thrilled, writes Rachel Donadio in the New York Times. “I felt liberated, I felt free for the first time,” Mr. Mavridis said in [...]
A century ago, Greek civil servants secured jobs for life after decades of protests at a central Athens location named Klafthmonos, meaning the Square of Tears, because this was where they bemoaned their plight. Now, a Socialist government struggling to spare the country from bankruptcy, is determined to start firing state [...]
Can’t pay a barrage of new taxes imposed by the Greek government to plug deficits? Take a special loan, a Greek bank told clients on Friday, seeing a rare opportunity for business. In a shamelessly commercial response to new property and income taxes approved by the Greek Parliament this week, “Eurobank launched [...]
No haircut. No default. Greece will persevere. This is our government’s unyielding stance on the current crisis, stressed by the prime minister in Germany this week, writes Elena Panarites in The Guardian. The Greeks are not going to leave the euro, but their partners in the single currency need to [...]
The Greek government faces the unenviable task of cutting tens of thousands of public sector jobs as demanded by Eurozone officials in exchange for the next tranche of bailout money for the beleaguered nation, according to a report from the International Business Times. “Greece expects to generate at least 6.3 [...]
An Athens vendor who watched his drinks kiosk and all its contents burn to the ground during running battles between riot police and anti-austerity protesters has reopened, now deeply in debt, three months later, reports Karolina Tagaris for Reuters. “Dimitris Ptohos, whose name means ‘poor Dimitri’ in Greek, saw a [...]
Confronting the Other Crisis: Human Rights in Greece
The economic crisis [...]
Adding Spice to Greek Exports
Entrepreneur Onic Palandjian [...]
While the shipping [...]
In the 20th [...]
Giving Greece’s Wildlife A Chance
While most of [...]
In the 20th [...]
Paradise for students: College Year in Athens Summer Program
By Chris Blake
“We’re all in this together”: Volunteers respond to Greek crisis with a Free Clinic
By Dimitris Polymenopoulos
Another plus for Greek agriculture: Eco-tourism on the rise
By Vasiliki Mitrakos
That’s Greece vs. That’s Not Greece
By Chris Blake
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