The Real Story Behind Greece?
•What is the real story behind Greece? What were the Europeans expecting previously that they did not get and are now after compensation for? Cash? That's just the surface.
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What is the real story behind Greece? What were the Europeans expecting previously that they did not get and are now after compensation for? Cash? That's just the surface.
Greek premier Alexis Tsipras faced a furious backlash from own Syriza party on Monday night after yielding to draconian demands from Europe's creditor powers, and agreeing to let foreign surpervisors to take control of his country.
The "deal that was designed to fail" has already begun to unravel.
Most Certainly Banks". With the provocative and dramatic Greek "time out" language pulled from the final finmin and summit draft language, the two most humiliating aspects of the latest extend and pretend "deal" for the Greek people will be
Greek finance leader said "Come & Take It" in the spirit of capitulation, not defiance
For months, now, the mass media and the financial markets have anxiously watched and waited to see the outcome of a war of words, accusations and threats that have been fought between Greece and its Eurozone and European Union partners.
the mood-altering side-effects of everyday medicines. When you take a commonly prescribed drug for a physical condition such as high cholesterol, asthma or acne, or even the birth control Pill, you may be alert for signs of physical side-effects.
The [Greek] crisis could present new opportunities. From Bitcoin to barter, the impending loss of the euro has Greeks looking for unorthodox solutions that operate largely outside the banking system.
The Independent Greeks, the junior coalition party in Prime Minister Alexis Tsipras' government, are refusing to back the deal he negotiated in Brussels.
There never was going to be any deal. All along, Germany has been seeking to establish conditions that would never be met so that they could force Greece out of the eurozone.
Despite the euphoria in global equity markets, The FT's Wolfgang Munchau - once one of the keenest euro enthusiasts - warns regime change is coming in Europe.
While not its base case (unlike JPM and Citi) Goldman Sachs was expecting an adverse outcome from this weekend's negotiations, and admits that this morning's pre-deal announcment "is thus a positive surprise, at least from a shorter-run, tactical per
Greece Fails To Make Another IMF Loan Payment But It Is Tonight's Samurai Bond That Everyone Is Watching
Greek Lawmakers Won't Back Deal; Finnish FinMin Says "Can't Agree" To New Greek Loans
What Assets Did Greece Just Hand Over To Europe: "Airports, Airplanes, Infrastructure And Most Certainly Banks"
Greeks are going to be furious when the government chops up the country for a fire sale
The drama over Greece's financial crisis continues to dominate the headlines. As this column is being written, a deal may have been reached providing Greece with yet another bailout if the Greek government adopts new "austerity" measures.
Greeks were bracing Monday for the effects of the tough terms of an agreement that secured the country's third bailout in five years, with many rejecting them while others said they were necessary to stay in the euro.
Greece reached a deal with its European creditors Monday, pledging stringent austerity to avoid an exit from the euro and the global financial chaos that could have followed.
Europe braced itself for its most fateful day in years on Sunday as presidents, prime ministers, and chancellors congregated in Brussels for a summit to decide whether Greece remains in the euro single currency.
A leading adviser to debt-riven countries has offered to help Athens recover some of the vast profits made by the investment bank
Proposal to Screw European Taxpayers
Proposal to Screw European Taxpayers
Leaders of the campaign to take Britain out of the European Union point to Norway or Switzerland as examples of how countries can thrive outside the EU's embrace.
European Leaders Promise The Greek Debt Crisis Will Be Resolved One Way Or Another On Sunday
Greek Prime Minister Alexis Tsipras has proposed eleventh hour concessions to European central banks despite the overwhelming rejection of an austerity deal by the Greek people.
Perhaps a blockchain-based parallel currency could provide a solution to the Greek crisis and be an alternative for Greece, Forbes reports.
The Austrian School of economics has a concept called a "crack-up boom" in which a critical mass of people conclude that their government is actively trying to devalue its currency.
In the wake of Sunday's dramatic referendum, there's been no shortage of redenomination chatter and drachma dreaming.