‘Carnage’ in Athens
The BBC reports on the riots that have plagued the Greek capital since police shot and killed a teenager on Saturday.The BBC reports on the riots that have plagued the Greek capital since police shot and killed a teenager on Saturday.
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Ending down 16.23 percent by the end of Monday, Athens' stock market experienced its worst daily performance since at least 1985, when modern record keeping began.
While Greece is not the first country to defy the IMF’s prescriptions, it is uniquely poised to underscore, once and for all, capitalism's incompatibility with democracy.
If there was any lingering question about where the majority of Greeks stood on the deal drummed up by European creditors to try to contain Greece's ongoing financial crisis, Sunday's referendum on the bailout package soundly dispelled it.
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