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Tag: Greece


Inside a Foxconn Factory

A look inside Foxconn gives us a new perspective on workers’ conditions; one solution to the “right to be forgotten” dilemma may be to implement mandatory online insurance; meanwhile, a Columbia grad in New York has been converting pay phone booths into libraries. These discoveries and more after the jump.

Posted on Feb 23, 2012 READ MORE  |  1 COMMENT


The Euro Parthenon

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Posted on Feb 19, 2012 READ MORE


Big Fat Greek Wedding

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Posted on Feb 15, 2012 READ MORE



AP / Kostas Tsironis

Greek Unrest the Result of Suppressed Democracy

Denied a referendum on crippling austerity measures, Greeks demonstrated Sunday night that if they couldn’t express their opinions one way, then they would do it in another.

Posted on Feb 15, 2012 READ MORE  |  15 COMMENTS



AP / Thanassis Stavrakis

Greeks ‘Cannot Take Any More’

Angry Greeks tried to torch Athens after parliament passed an austerity package Sunday. While European leaders continue to press for additional cuts, the Greek minister for citizen protection says the Greek people “cannot take any more ... we have reached the limits of the social and economic system.”

Posted on Feb 15, 2012 READ MORE  |  8 COMMENTS



AP / Kostas Tsironis

All Hades Breaks Loose in Greece

On Sunday, after months of economic and political turmoil, Greek citizens fed up with paying for mistakes made by their country’s power elite took to the streets by the tens of thousands to signal their disapproval of the austerity measures the government pushed through late that night.

Posted on Feb 13, 2012 READ MORE  |  9 COMMENTS



AP / Michael Probst

Is Europe Making a Comeback?

Once again, European leaders convened for a eurozone pep rally on Tuesday, meeting up in Brussels to see if their economic resuscitation efforts in recent months are paying off and if Greece will stop hogging all the attention anytime soon.

Posted on Jan 31, 2012 READ MORE



counsellor (CC-BY)

Krugman: Austerity Still Doesn’t Work

Is anyone in the Obama administration listening to Paul Krugman? Maybe, says the Nobel Prize-winning economist, but only at the end of a year in which political insistence on the need to reduce short-term deficits with spending cuts slid the economy and much of the American public further into ruin.

Posted on Dec 31, 2011 READ MORE  |  18 COMMENTS


Quarreling EU

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Posted on Dec 11, 2011 READ MORE


Santa Euro Crisis

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Posted on Dec 4, 2011 READ MORE


Disabled Euro

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Posted on Dec 3, 2011 READ MORE



AP / Michael Probst

Sarkozy: It All Comes Down to France and Germany

In a speech Thursday, French President Nicolas Sarkozy confronted the economic quagmire otherwise known as the eurozone and declared that France and Germany would be the key players in Europe’s rehabilitation. Also important in Sarkozy’s scheme was the idea that stricter regulations would help ward off further catastrophe.

Posted on Dec 1, 2011 READ MORE  |  6 COMMENTS



Let’s Talk About Inequality, Baby

Occupy has opened up the conversation about economic inequality in the U.S.; UC Davis Chancellor Linda Katehi has had her hand in more than just the UC system; and a woman says she had an affair with Herman Cain for more than a decade. These discoveries and more after the jump.

Posted on Nov 29, 2011 READ MORE  |  1 COMMENT


Euro Santa

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Posted on Nov 28, 2011 READ MORE  |  1 COMMENT



Flickr / Alessio85

Berlusconi Shown the Door

Italian Prime Minister Silvio Berlusconi has powered his way through political crises with all the subtlety and grace of a battering ram, but in the end, he couldn’t fix Italy’s foundering economy. So, Il Cavaliere (The Knight) is about to lose his occupazione (job).

Posted on Nov 8, 2011 READ MORE  |  1 COMMENT


Who’s Paying?

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Posted on Nov 8, 2011 READ MORE


Berlusconi
Wikimedia Commons/Agência Brasil

So Long, Silvio?

Either Italian Prime Minister Silvio Berlusconi is in serious denial mode or he’s about to pull off a recession-defying stunt of unprecedented proportions, as pressure is mounting for the embattled PM to follow the fresh example of his Greek counterpart ... (more)

Posted on Nov 7, 2011 READ MORE  |  4 COMMENTS



AP / Kostas Tsironis

Papandreou Prepares His Exit

After his ill-conceived eleventh-hour referendum idea fell through last week, the thread from which Greek Prime Minister George Papandreou was dangling effectively snapped. By Sunday, it was apparent that Papandreou was ready to accept defeat ... (more)

Posted on Nov 7, 2011 READ MORE


More on the Greek Crisis

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Posted on Nov 6, 2011 READ MORE  |  1 COMMENT


‘Left, Right & Center’: Will Cain Survive? Will Obama Go Negative?

This week, a series of accusations about past indiscretions threatened to slow the Cain Train’s roll. Can GOP presidential contender Herman Cain ride it out? More important, can Greece emerge in one piece from its current economic catastrophe? (more)

Posted on Nov 4, 2011 READ MORE  |  1 COMMENT



Wikimedia Commons / Department of Defense

Greek PM: Never Mind the Referendum

Greek Prime Minister George Papandreou appeared to be losing his grip on both his country and his job on Thursday, as reports circulated that he had scrapped his surprise call for a nationwide referendum on the bailout plan proposed by eurozone leaders ... (more) Updated

Posted on Nov 3, 2011 READ MORE  |  5 COMMENTS


Greek Ruins

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Posted on Nov 2, 2011 READ MORE



Flickr / Vasilis Filis (CC-BY-SA)

Greek PM Rocks the Bailout Boat

Last week’s summit of European Union leaders to find an emergency solution, or at least a stopgap measure, for the region’s compounding economic crisis initially led to a brief bounce in the markets and a flash of hope. That was squelched by Tuesday with the news that Greek prime minister … (more)

Posted on Nov 1, 2011 READ MORE  |  7 COMMENTS


‘Left, Right & Center’: Relief in Europe, Inequality in America

An emergency economic summit in Europe brought direly needed relief to Greece and neighboring nations, but will it last—and is it enough? Meanwhile, on our side of the planet, a report from Congress showed that the richest 1 percent of Americans more than doubled their share of national income in the last 30 years.

Posted on Oct 28, 2011 READ MORE  |  1 COMMENT


Euro symbol
AP / Daniel Roland

Eurozone Gets a Boost, Finally

This week’s European crisis summit in Brussels has produced an agreement in an effort to mitigate what was looking like an inevitable economic catastrophe, judging by the dire situation in Greece and elsewhere in the eurozone. By Thursday, international markets were registering the results.

Posted on Oct 27, 2011 READ MORE  |  5 COMMENTS



AP / Victor R. Caivano

The Argentine Model

While politicians from Athens to Washington are pushing through devastating austerity programs, Argentines voted in droves Sunday to re-elect their populist, welfare queen of a president, Cristina Fernandez de Kirchner. (more)

Posted on Oct 23, 2011 READ MORE  |  14 COMMENTS


‘Left, Right & Center’: End of an Era in Iraq and Libya

This was a big week in international news, with the death of Libyan leader Col. Moammar Gadhafi and President Obama’s announcement that U.S. troops will be leaving Iraq before 2012. And let’s not forget the latest unrest in Greece, stemming from the passage of a highly contested austerity bill by that country’s parliament. (more)

Posted on Oct 21, 2011 READ MORE  |  4 COMMENTS



bbc.co.uk

Greek Parliament Passes Austerity Package

While the international media zoomed in on Libya on Thursday, another important story was unfolding in Athens, where two days of strikes and protests failed to sway parliament members from passing a bill of austerity measures the Greek government insisted was necessary to avoid an even more catastrophic economic mess.

Posted on Oct 20, 2011 READ MORE  |  12 COMMENTS


Greek Busts

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Posted on Oct 2, 2011 READ MORE


Greek Euro

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Posted on Sep 15, 2011 READ MORE



Ignoring Iceland’s Revolution

Iceland’s revolution goes unperceived by U.S. media; Greece worries about the China-ization of its country; and Egypt questions the need for a violent uprising. These discoveries and more after the jump.

Posted on Aug 3, 2011 READ MORE  |  2 COMMENTS


Greece Bailout

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Posted on Jul 24, 2011 READ MORE



AP / Ariel Schalit

Israel Intercepts Gaza-Bound Boatload of Activists

Israeli commandos intercepted a boat full of pro-Palestinian activists bound for the Gaza Strip on Tuesday. The yacht carrying 16 people was the only vessel of a planned protest flotilla to attempt the voyage. Greek authorities had blocked the others from leaving port.

Posted on Jul 19, 2011 READ MORE  |  3 COMMENTS


Papandreou Among the Ruins

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Posted on Jul 10, 2011 READ MORE



Flickr / Zingaro. I am a gipsy too.

Greeks Waylay U.S. Ship in Gaza Flotilla

The Audacity of Hope, an American ship in the defiant Freedom Flotilla 2, tried to set sail for Gaza on Friday afternoon but was stopped by the Greek coast guard shortly after leaving port. (more)

Posted on Jul 1, 2011 READ MORE  |  11 COMMENTS


Greek Lessons

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Posted on Jul 1, 2011 READ MORE


Greece and EU Attempt to Avoid Disastrous Default

Athens in recent days has experienced continuing popular protest, sporadically violent, against the economic austerity program demanded of Greece by the IMF.

Posted on Jun 29, 2011 READ MORE  |  5 COMMENTS



AP / Petros Karadjias

Gridlock in Greece

So, time is running out for the Greek government to put a plan in place in the interest of avoiding complete economic catastrophe. Too bad Prime Minister George Papandreou’s austerity-tastic ideas are failing to win over the protesters ... (more)

Posted on Jun 28, 2011 READ MORE  |  1 COMMENT



Flickr / World Economic Forum

Soros Sounds a Warning on the Future of EU

George Soros issued a dire warning to the European Union recently, stating that fundamental flaws in the design of the euro are preventing economically distressed nations like Greece from getting back on their feet and threatening the very existence of the EU. (more)

Posted on Jun 26, 2011 READ MORE  |  41 COMMENTS


Uncle Sisyphus

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Posted on Jun 21, 2011 READ MORE


Ten and Out?

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Posted on Jun 21, 2011 READ MORE


Greek Austerity Protests

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Posted on Jun 19, 2011 READ MORE


Greece

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Posted on Jun 18, 2011 READ MORE



AP / Thanassis Stavrakis

IMF Sounds Warning About Global Economy

Three years into the Great Recession, the outlook is wobbly in the eurozone, according to the IMF. France and Germany are doing well enough to offset some of the economic problems plaguing their neighbors, but in a networked world, nations’ fates are intertwined.

Posted on Jun 17, 2011 READ MORE  |  13 COMMENTS


Greece’s Economic Crisis

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Posted on Jun 14, 2011 READ MORE


The Death of Greek Economy

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Posted on May 30, 2011 READ MORE



Wikimedia Commons

No Resolution Reached at Greek Austerity Summit

A group of Greek leaders fell short of reaching an agreement on Prime Minister George Papandreou’s austerity plan by week’s end, putting Greece on shaky ground in terms of the country’s chances of receiving more bailout funds from the IMF.

Posted on May 27, 2011 READ MORE  |  4 COMMENTS


Dominique Strauss-Kahn

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Posted on May 23, 2011 READ MORE



AP / Shannon Stapleton, pool

The Real IMF Assault

As newly resigned International Monetary Fund head Dominique Strauss-Kahn hunkers down in his jail cell, IMF news has fallen into two categories. Both miss the devastation the IMF causes, regardless of who heads it.

Posted on May 20, 2011 READ MORE  |  40 COMMENTS



Wikimedia Commons / IMF Photographic archives

DSK Exits the IMF

File this one in the annals of unsurprising resignations: Early Thursday morning, the International Monetary Fund released a letter from Dominique Strauss-Kahn, the organization’s now former director, announcing that he was stepping down in the face of sexual assault charges. (more)

Posted on May 19, 2011 READ MORE  |  5 COMMENTS


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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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