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Tag: Greece


Greek Austerity: Don’t Try This at Home!

Ironically, the very New Deal legacy that austerians work to euthanize in the U.S. is the chief thing that has prevented the country’s economy from completely crashing.

Posted on Feb 28, 2014 READ MORE



Germany Prepares for Third Greek Financial Rescue

More austerity cuts are coming to Greece as Germany signals a plan to deliver a third rescue package for the debt-stricken country.

Posted on Feb 3, 2014 READ MORE



experience Madeira, Algarve, Brazil !! (CC BY 2.0)

The New Year Brought Some Strange New Laws With It, Among Other Things

A lot of regulations went into effect Jan. 1, marking a new year that will see a lot of interesting things occur in various countries all over the globe.

Posted on Jan 4, 2014 READ MORE



Shutterstock

Discredited Economic Theory Holds Europe in Deflationary Thrall

Why there is such iron fidelity to neoliberal austerity in the contemporary community of official, semiofficial and even academic economists? It can’t be that it works. It doesn’t work.

Posted on Nov 5, 2013 READ MORE



AP/John D. Carnessiotis

Death of Artist Unites Greek Hip-Hop Community Against Fascism

The stabbing of Greek rapper Pavlos Fyssas by a sympathizer of Greece’s most prominent extreme right party earlier this month has led to the arrest of the group’s leadership and the unification of once bitterly opposed rap artists against racism and violence.

Posted on Sep 30, 2013 READ MORE



Teknecolor (CC BY-NC-ND 2.0)

Greece’s Birthrate Decreases as Austerity Measures Increase

The number of live births has fallen by a whopping 10 percent in Greece in the last four years as the country suffers the worst economic conditions in the entire European Union, and continues to exercise austerity in order to receive loans from the likes of the European Bank and the IMF.

Posted on Sep 18, 2013 READ MORE



Martin Beek (CC BY 2.0)

Climate ‘Toppled Late Bronze Age Rulers’

A changing climate may have been a cause of the rise and fall of many of Bronze Age Europe’s civilizations.

Posted on Aug 25, 2013 READ MORE



AP/Kostas Tsironis

Ignoring the Social Costs of Austerity Is Dangerous for Greek Leaders

The financial governing authorities classed as the “troika” are obsessed with budget targets rather than human needs, and needs are what protests underway in Greece on Tuesday are all about, writes Helena Smith, Greek correspondent for The Guardian.

Posted on Jul 16, 2013 READ MORE



archer10 (Dennis) (CC BY-SA 2.0)

Hell on Earth for Greeks

Greek victims of austerity are increasingly being forced to sell their bodies for cheap in horrific squalor and to escape painful reality with a new street drug.

Posted on May 22, 2013 READ MORE


The Path of Hubris and War

The bombs that ended the Boston Marathon in April were planted by young Muslims who had come to the United States as immigrants, rejected America as a civilization, and then attacked it, leaving behind a message of religious war.

Posted on May 22, 2013 READ MORE



mcdett (CC BY-NC-ND 2.0)

Clouds of Recession Gather Over Northern Europe

A gloomy forecast for the sales of a German automaker portends the possible spread of Southern Europe’s economic crisis to other parts of the continent—and the world.

Posted on Apr 26, 2013 READ MORE



Shutterstock photo of the euro.

A Right and Proper Death of the Euro

A new “Alternative for Germany” political movement has erupted as a backlash against the euro, and against Germany’s fellow members of the EU.

Posted on Apr 17, 2013 READ MORE



David Blackwell. (CC BY 2.0)

Austerity Inflicts Brain Drain on Greece

More than 100,000 unemployed professionals have left Greece amid a shrinking economy and a lack of jobs to seek better opportunities abroad in a trend that will dramatically impact the country for generations.

Posted on Apr 11, 2013 READ MORE



h.koppdelaney (CC BY-ND 2.0)

The Recession’s Toll on Your Health

A broken economy means broken bodies—bodies that give way under stress, inadequate and unavailable health care, and in some places, fewer available supplies to treat the increased numbers of ill. Greece points the way.

Posted on Apr 3, 2013 READ MORE


EU Debt Crisis

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Posted on Apr 1, 2013 READ MORE



L'Orso Sul Monociclo (CC BY 2.0)

The Confirmed Insanity of Austerity

Austerity threw the 17 countries that use the euro back into recession in the third quarter of 2012. As a result, unemployment is expected to rise 12.2 percent, leaving half of young people in Spain and Greece without jobs, and public debts—the expressed target of the reductions—are growing as well.

Posted on Mar 19, 2013 READ MORE



Flickr/401(K) 2013

Austerity and the Threat to Democracy Around the World

The “sequester” is actually, of course, the American form of austerity, or cutbacks in government spending during a recession. Austerity, or stingy government in Europe has kept employment extremely depressed compared to what it would have been with government stimulus, as Paul Krugman argues.

Posted on Mar 4, 2013 READ MORE


While Republicans Warn Against ‘Greece,’ That Is Exactly Where Austerity Budgeting Will Lead U.S.

Indebted America is in danger of turning into destitute Greece, or so congressional Republicans and conservative commentators have been warning us for years now. For many reasons, this is an absurd comparison—but it may not always be quite so ridiculous if Washington’s advocates of austerity get their way.

Posted on Feb 28, 2013 READ MORE



Eric Vernier (CC BY-SA 2.0)

Greek Unions Hold Strike Against Austerity Policies

Greeks are resisting a combination of government spending cuts and tax hikes—which some believe will result in an unemployment rate of 30 percent—imposed by international bailout creditors.

Posted on Feb 20, 2013 READ MORE



Miguel Virkkunen Carvalho (CC BY 2.0)

Europe’s Climate Forecast: Unsettling

The European countries currently struggling most economically—Greece, Spain and Portugal—will fare worst under climate change as they lose both harvests and tourists to rising heat and low summer rainfall, the European Environment Agency says.

Posted on Feb 1, 2013 READ MORE


Leaving the European Union

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Posted on Jan 28, 2013 READ MORE



Gwydion M. Williams (CC BY 2.0)

Greeks Ditch Euro in Exchange for Local Trading

Residents of the Greek city Volos—some of whom have lost up to 40 percent of their disposable income—have taken to bartering or using alternative currency to survive the worst economic crisis in modern times.

Posted on Jan 3, 2013 READ MORE


Life of Greece

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Posted on Dec 26, 2012 READ MORE


Greece and EU Aid

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Posted on Nov 12, 2012 READ MORE



George Laoutaris (CC BY-ND 2.0)

Greek Government Is Courting Fascism, Officer Alleges (Video)

Political neglect of the Greek police has allowed members of the ultranationalist Golden Dawn party to infiltrate the country’s security services while encouraging underpaid officers to accept support from society’s energetic, far-right fascist elements, a senior officer claims.

Posted on Oct 27, 2012 READ MORE



sorriso-per-te (CC BY-ND 2.0)

The Roof Comes Off the Parthenon: Greek Austerity Details Leaked

Rumors of budget cuts have been trickling out for the last four months. Now a 94-page draft memorandum, yet to be officially released, appears to detail Greece’s new austerity measures in full.

Posted on Oct 24, 2012 READ MORE


The Burden

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Posted on Oct 12, 2012 READ MORE



Aster-oid (CC BY 2.0)

Austerity Is a Way to Build a Europe for the Rich

Leftist Greek lawmaker Alexis Tsipras says austerity for his country and other hurting European nations is a form of blackmail intended to build a new Continental economy based on cheap labor, deregulation, reduced public spending and tax benefits for the wealthy.

Posted on Oct 9, 2012 READ MORE



AP/Nikolas Giakoumidis

Austerity Deal Sparks Massive Greek Anger

Up to 200,000 Greeks took to the streets Wednesday during a general strike that paralyzed the country, marking the public’s first major confrontation with Athens’ 3-month-old coalition government.

Posted on Sep 26, 2012 READ MORE



SnowViolent (CC BY 2.0)

Creditors Demand Six-Day Workweek for Greece

A leaked letter from Greece’s lenders—the European Commission, the European Central Bank and the International Monetary Fund—orders the country to introduce a six-day workweek as part of a package of austerity demands for a second bailout.

Posted on Sep 5, 2012 READ MORE



Photo by UggBoy (CC-BY)

A Brief History of Contempt Between Germany and Greece

Greece has been the main target of German denigration, at great cost.

Posted on Aug 29, 2012 READ MORE


Centaurus Greece

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Posted on Aug 27, 2012 READ MORE


Venus and Mars

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The United States of America taking everything that is learned from the Greek originators of Democracy and exporting the aesthetic to all the uncultured and anti-democratic morons in the world who, even in the 21st century, lack the most basic appreciation for what real beauty looks, smells, feels and screams like.
Posted on Aug 17, 2012 READ MORE    


If We’re Headed Toward Greece, Republicans Are Driving Us There

The central problem in Greece is the government’s failure to collect what taxpayers (especially wealthy taxpayers like Mitt Romney) actually owe under the law.

Posted on Jul 13, 2012 READ MORE


We’re Not Greece

If the United States were still governed under the Articles of Confederation, might California be in the position of Greece, Spain or Italy?

Posted on Jun 20, 2012 READ MORE



AP/Yorgos Karahalis

Winners Scramble to Form Greek Government

New Democracy leader Antonis Samaras faces a daunting task after his pro-euro party won the Greek elections over the weekends: form a coalition government in three days, and do it without the help of the party that finished second in the vote.

Posted on Jun 18, 2012 READ MORE


Collapsing Eurozone

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Posted on Jun 16, 2012 READ MORE


‘Left, Right & Center’: My Big Fat Greek Tragedy

Bankers are bracing for international financial chaos as Greek voters head to the polls to decide on an austerity plan that could kiss the euro bye-bye. But that’s not the only major world event happening, with Egypt’s military tossing the recent Democratic elections aside as it dissolves the country’s parliament.

Posted on Jun 15, 2012 READ MORE


Euro Bailouts Flag

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Posted on Jun 14, 2012 READ MORE



nikoretro (CC BY-SA 2.0)

Rich Greeks Look the Other Way

Amid a festering economic crisis, Greek society’s super-rich have retreated to their private mansions and island resorts to sip cocktails, kick back on imported Asian sand and figure out new ways to slip their money out of the country.

Posted on Jun 14, 2012 READ MORE


Questions on Greece

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Posted on Jun 10, 2012 READ MORE



Images_of_Money (CC BY-SA 2.0)

Saving the Euro Might Mean a United States of Europe

European leaders are drawing up a solution to the EU’s fiscal crisis that would hand sovereignty over the budgets and fiscal policies of eurozone states to Germany in return for the pooling of national debt and banking liabilities. Brussels, France, Spain and Germany all support a federalized eurozone.

Posted on Jun 5, 2012 READ MORE


Greek Euro

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Posted on May 23, 2012 READ MORE


Greece’s Balkan Inheritance Is Heavy

To understand what is happening in the eurozone, it is necessary to understand something of the past.

Posted on May 16, 2012 READ MORE


Greek Tragedy

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Posted on May 15, 2012 READ MORE


Raining on Obama’s Gay Pride Parade

Last time on Truthdig Radio in association with KPFK: Scott Tucker disrupts the celebration of Obama’s gay marriage announcement; the Green Party candidate; Robert Scheer and Sergei Plekhanov; austerity check; and the class politics of parking tickets.

Posted on May 15, 2012 READ MORE



Photo illustration from an image by Colin Grey (CC-BY)

Raining on Obama’s Gay Pride Parade

Last time on Truthdig Radio in association with KPFK: Scott Tucker disrupts the celebration of Obama’s gay marriage announcement; the Green Party candidate; Robert Scheer and Sergei Plekhanov; austerity check; and the class politics of parking tickets.

Posted on May 15, 2012 READ MORE



Photo by (CC-BY-SA)

Elections Could Shift EU Away From Austerity, but Should They?

The weekend elections in France and Greece seem widely to have been taken, at least on the European and American left, as a solution to the great European economic crisis.

Posted on May 8, 2012 READ MORE



(CC-BY-SA)

Death to Austerity

Economic austerity is a dangerous, self-defeating intellectual fad. Perhaps I should say that’s what it was, given Sunday’s election results in Europe.

Posted on May 7, 2012 READ MORE


Neo-Nazis Elected in New Greek Parliament

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Posted on May 7, 2012 READ MORE


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