The huge deficits are gone. The government is taking in more money than it is spending. Unemployment is still too high but going down. And the economy is growing.
Greece plays a key role in two of the biggest headaches policymakers are facing: relations with Russia, and the flood of Middle East and African refugees heading for Europe.
An analysis of suicides revealed that the passage of Greece’s austerity measures were associated with “a significant, abrupt and sustained increase” in suicides.
Police took ‘Maria’ during a raid of Roma camp. Parents of abducted children are watching the case with interest, though some Roma warn against rushing to judge their embattled community.
The shock closure of ERT, which leaves some 2,600 journalists out of work, is Greece’s first mass layoff as it tries to cut costs as demanded by its European creditors.
Greece is rolling out the red carpet for Chinese investors as a means of stabilizing its shaky economy.
Athens police fired tear gas to stop a Greeks-only food handout by nationalist party Golden Dawn before it began.
After a 12-hour meeting lasting into the wee hours last night, Greece’s creditors agreed to cut its debt and release more bailout funds, staving off yet another Greek bankruptcy.
Greece needs its next aid infusion by mid-December. But European finance ministers postponed a deal amid disagreement over how much time Greece should have to pay down debt.
Protest strikes aim to bring country to standstill as parliament prepares new austerity vote.
Chancellor Merkel, who faces elections next year, has tied her political fate to the survival of the common currency. But despite her efforts, Greece’s economy continues to reel.
Tens of thousands of demonstrators marched to protest the German chancellor’s visit to Athens, where she met with Prime Minister Antonis Samaras to discuss further austerity measures.
The euro crisis is back: Spanish riots, Greek strikes and German backtracking compound the effects of grim economic data.
Children are among those most affected by the euro crisis.
A larger showdown over whether ailing Greece can actually stay in the eurozone is taking shape between Germany and Greece.
The Greeks — narrowly — opted for a safer course, voting for the pro-bailout, pro-euro zone parties.
They are sirta the birthplace of democracy after all
Standard & Poor’s analysts, along with other industry insiders, say they foresee a Greece exit as 30 to 50 percent likely.
A second attempt to form a coalition government in Greece failed today, making a June re-do of national elections the most likely scenario and leaving Greece in limbo for a month.
Elections in France and Greece yesterday did not just bring down the incumbent governments in these two countries. They also mean the return of insecurity to the eurozone.