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The 27-year old naming dispute between Athens and Skopje that had prevented Macedonia from joining NATO until now is supposed to have been settled after an agreement that was signed last month in Prespes between the prime ministers of Greece and newl
The country has declared three days of national mourning
Mainstream media is all aglow over the alleged end of the Greek economic crisis. Mainstream media is wrong.
Graphic video has emerged online showing a mob of baton-wielding Islamists attacking other Muslims in a refugee camp in Greece reportedly for not observing the Ramadan fast.
For the first time since 2006, Greek 10Y sovereign bond yields have plunged below 4.00%. The last few weeks have seen a veritable rush to grab that yield as GGBs plunged from 5.50% on Dec 4th to 3.98% today!!
Security measures in the building of the Bank of Greece in downtown Athens are not as good as they should be.
Yet another Greek debt cliffhanger is in the works. After eight hours of intense negotiations, Greece, EU creditors, and the IMF did not reach agreement on restructuring Greek Debt.
Stop us if you've heard this story before. Insolvent Greece, having last week voted itself into even more austerity in hopes of unlocking some of the money promised it by Brussels so it can then use it to repay debt maturities owed to the ECB (wheth
Greece
The Greek stock market is up 12 days in a row - the longest streak since 1999 - with its 25% gains amon the world's best in 2017 following the bailout decision
Greece is in reverse. Greek Unemployment Rose to 23.1%, GDP contracted 1.2% last quarter, and now the US is pressuring the IMF to back away from continued bailouts.
It didn't take much for the Greek bank run jog to return...
"Greece Should Pledge Gold, Real Estate For New Loans"
During seven years of a grinding economic crisis, Dimitri Tsamopoulos has lost at least half the clients from his once bustling tax consultancy.
I've put forth lots of arguments against tax increases, mostly focusing on why higher tax rates will depress growth and encourage more government spending.
For the umpteenth time, the IMF has warned that Greece cannot meet fiscal targets set by its creditors. And once again, the IMF insists that it will not be a part of the "Troika" unless the goals on Greece are realistic.
In the year 440 BC, more than two decades into the reign of Pericles, an audit of treasury in Athens showed a massive surplus of more than 9700 "talents".
It will be the middle class that accepted the notion that "real estate is the foundation of family wealth" that will be stripmined by higher taxes on immobile assets such as real estate.
The crisis in Greece goes on, and on, and on, and on, and on.
Hellenic Banks Plan "Tax On Cash Withdrawals" To Combat Black Economy
Greek banks have proposed a series of measures to combat tax evasion, strengthen the electronic transactions and limit the use of cash in the economy, and as KeepTalkingGreece.com reports, one of the measures proposed is a special tax on cash withdra
In 2008, government spending consumed 50.9 percent of economic output in Greece according to OECD fiscal data. That same year, Greece's score from Economic Freedom of the World was 7.12 (on a 0-10 scale), which was rather poor for a supposedly deve
"Allah requires from the believers to be masters of the land where they live, and only they can have property, and only we will be able to own the land." -- Muslim migrants in Crete, Greece.
Greece has been the poster child for European economic crisis, but former Prime Minister George Papandreou wonders if it's just a preview of what's to come. "Our democracies," he says, "are trapped by systems that are too big to fail, or more accur
Greece owes the Troika over €11 billion in bailout repayments through the end of July. Greece is unable make those payments unless the Troika releases the funds.
Greece faces its toughest austerity measures yet, with €5.4bn of budget cuts backed by the leftist government of Alexis Tsipras
Those who thought the situation in Greece was solved after prime minister Alexis Tsipras suddenly caved in to creditors' demands need think again.
Those who thought the situation in Greece was solved after prime minister Alexis Tsipras suddenly caved in to creditors' demands need think again.
Greece's crisis is fiscal, monetary, and structural, exacerbated by political and social volatility, stresses on European unity, and now a large influx of refugees.
Whether or not the IMF intended to use a Greek credit event to destabilize Europe as the Greek government first alleged, or whether this was "nonsense" as Lagarde responded to Tsipras letter, is irrelevant - ultimately the underlying premise was whet
