VIDEO: The IMF Walks Out of Greece Bailout Talks

Alexander Reed Kelly / Truthdig Jun 12, 2015 The U.S.-led global debt brokerage pulled out of negotiations with Greece on Thursday after it accused Athens of refusing to compromise over labor market and pension reforms. Dig deeper ( 1 Min. Read )

Greek Finance Minister Says Austerity Is Bad Medicine

Alexander Reed Kelly / Truthdig Apr 22, 2015 Greece's new left-wing, anti-austerity Syriza Party raises concerns over international creditors’ demands to restructure the country's labor market and curtail its pension system in exchange for a new package of bailout funds scheduled for release Friday. Greek Finance Minister Yanis Varoufakis speaks with “Democracy Now!” Dig deeper ( 9 Min. Read )

Greece Submits Reform Proposals and Warnings to Eurozone Creditors

Alexander Reed Kelly / Truthdig Mar 28, 2015 Their country would stop cooperating with creditors if negotiations failed and aid was not forthcoming, government leaders said as they submitted a long-awaited list of 18 policy reforms to eurozone administrators. Dig deeper ( 1 Min. Read )

German TV Sensationalized Greek Minister’s Flipped Bird, Says Cameraman

Alexander Reed Kelly / Truthdig Mar 18, 2015 German media pounced this week on footage of Greek Finance Minister Yanis Varoufakis raising a middle finger for foreign debt managers during a presentation on his country’s debt crisis. The man who filmed the talk says the clip was taken out of context to divert public attention from the substance of the crisis. Dig deeper ( 1 Min. Read )

Greece Can’t Do It Alone: Austerity Victims of the World, Unite!

By Ismael Hossein-zadeh, Counterpunch Mar 6, 2015 For the anti-austerity struggle in Greece and elsewhere to become effective and sustainable, it must be raised from the national level to the international level. Dig deeper ( 11 Min. Read )

Greek Finance Minister Varoufakis Wants Austerity … for the Rich

Alexander Reed Kelly / Truthdig Feb 25, 2015 “The finance ministers of Europe are not all in favor of balancing the budget if it has to be balanced by taxing the rich,” says economist Michael Hudson (not pictured) of the ongoing confrontation over the Greek debt crisis. Dig deeper ( 7 Min. Read )

Scourge of the Greeks: German Finance Minister Wolfgang Schauble

BLANK Feb 22, 2015 After the financial troika triumphed over the Greek government in debt negotiations last week, Germany's veteran minister “indulged himself with some patronizing comments,” observed economics correspondent Phillip Inman at The Guardian. Dig deeper ( 2 Min. Read )

Troika Deal Drives Greece Back Toward Austerity

Alexander Reed Kelly / Truthdig Feb 21, 2015 “The rightwing orthodoxy that dominates thinking in Brussels has asserted itself over the hapless Greeks,” writes economics correspondent Phillip Inman at The Guardian. Dig deeper ( 2 Min. Read )

Germany and Greece Are Going Head to Head in Bailout Negotiations

Natasha Hakimi Zapata / Truthdig Feb 19, 2015 In what The Guardian’s economics editor Larry Elliott is calling a “white flag [being] raised over Athens,” Greece has requested a six-month extension to its bailout plan, essentially giving in to the eurozone finance ministers’ demands for austerity. Germany, however, refused the country’s proposal Thursday. Dig deeper ( 2 Min. Read )

From ‘Demos’ to ‘Podemos’: Popular Uprisings in Greece and Spain

Amy Goodman / Truthdig Feb 19, 2015 Like Greece, Spain has been wracked by the global recession and could soon elect an anti-austerity government. Dig deeper ( 3 Min. Read )

The Pro-Workers, Pro-Growth Experiment in Greece Is Under Threat

Staff / Truthdig Feb 19, 2015 While the wealthiest 85 individuals on the planet own more wealth than the bottom half of the world’s population -- and when the top 1 percent will soon own more wealth than the bottom 99 percent -- the people of Greece and the anti-austerity party, Syriza, they elected to lead them are struggling to rebuild their economy so that ordinary people there can live with a shred of dignity and security. Dig deeper ( 4 Min. Read )

How Germany and the U.K. Benefited From Greece and Spain’s Brain Drain

Natasha Hakimi Zapata / Truthdig Feb 17, 2015 As Greece tries to come to an "honorable agreement" with austerity-loving eurozone finance ministers, let's not forget who stood to gain the most from the financial crises in southern Europe. Dig deeper ( 2 Min. Read )