"The only reason why they effected this so-called bailout of Greece was to save their own banks and to present this as solidarity with Greece."

The left-wing Syriza member resigned in 2015 after five tumultuous months battling eurozone creditors as they turned the austerity screws on Greece. Now he is continuing the fight through the new democracy movement, DiEM25.

After a general election left political options in Portugal a bit hazy this month, a coalition made up of the Socialist, Communist, Green and Left Bloc parties ousted a conservative government that held the reins for a mere 11 days. And that's not all the anti-austerity Portuguese have done in recent weeks.

In an interview in Jacobin magazine, the linguist and scholar predicts what would happen if Bernie Sanders won the 2016 presidential election and comments on the rise of progressive political parties like Greece's Syriza and figures such as Jeremy Corbyn of the U.K.

Most of Sunday's snap general election results are in -- and it seems Syriza has claimed another important victory in Greece and Alexis Tspiras will continue to lead the country.

The prime minister and leader of the Syriza party will submit his resignation to the country’s president Thursday, making way for early elections scheduled for Sept. 20, government officials report.

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.

In the modern global banking system, all banks need a credit line with the central bank in order to be part of the payments system. Choking off that credit line was a form of blackmail the Greek government couldn’t refuse.

Yanis Varoufakis, who resigned recently, predicted that the measures will “go down in history as the greatest disaster of macroeconomic management ever.”