The IMF Gets Behind Greece With Debt Relief Demand

Kasia Anderson / Truthdig Jul 15, 2015 In a move that looks at once like a boost for Greece's economic cause and grounds for further complication among eurozone member countries, the International Monetary Fund on Tuesday warned that it might pull its support for the proposed bailout plan unless other nations agree to whittle down some of Greece's debt. Dig deeper ( 1 Min. Read )

Tsipras Pushes Greeks to Take Bailout Deal

Kasia Anderson / Truthdig Jul 15, 2015 Greece's Prime Minister Alexis Tsipras on Tuesday continued the diplomatic high-wire act that his country's economic crisis has obliged him to attempt by working hard to persuade members of the Greek Parliament and the general population to accept the bailout package he was just offered in Brussels. Dig deeper ( 2 Min. Read )

VIDEO: Greece Accepts Draconian EU Bailout Demands

Alexander Reed Kelly / Truthdig Jul 13, 2015 To get desperately needed funds, Greek Prime Minister Alexis Tsipras has submitted his country to harsh economic reforms that the people had rejected in a referendum just a week earlier. Dig deeper ( 2 Min. Read )

We Are All Greeks Now

Chris Hedges / Truthdig Jul 13, 2015 What is happening in Greece in the name of austerity has already happened to the poor and the working class in the United States. If the global financial elites continue in power, the misery of the Greeks will become our own. Dig deeper ( 7 Min. Read )

VIDEO: Tsipras Permitted Untold Damage to Be Done to the Greek Economy for Nothing

Alexander Reed Kelly / Truthdig Jul 10, 2015 “There is no end in sight to the suffering of the Greek people,” writes Guardian editor Larry Elliott following the prime minister's capitulation to European demands. Dig deeper ( 2 Min. Read )

‘Guerrilla Warfare Against a Hegemonic Power’: The Challenge and Promise of Greece

By Ellen Brown, Web of Debt Jul 10, 2015 By nationalizing its banks and issuing digital loans and thus restoring the liquidity desperately needed by banks and the economy, Greece could provide a model of sustainable prosperity for the world. But it is being strangled by a hegemonic power in a financial war being waged against us all. Dig deeper ( 7 Min. Read )

Greek Finance Minister Yanis Varoufakis Resigns

Alexander Reed Kelly / Truthdig Jul 6, 2015 Despite his country’s decisive rejection of the European Union’s terms for remaining in the eurozone, the Greek finance minister has quit his post, citing an unwillingness on the part of some EU ministers to negotiate with him. Dig deeper ( 1 Min. Read )

Is Greece’s ‘No’ on the Debt Referendum Another Youth Revolution?

Juan Cole / Truthdig Jul 6, 2015 In the past five years, the old political categories -- left, right, center or capitalist and socialist -- have been challenged by a new category: youth. Dig deeper ( 4 Min. Read )

Greek Voters Send Decisive Message to European Leaders: No Deal (Updated)

Kasia Anderson / Truthdig Jul 6, 2015 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. Dig deeper ( 2 Min. Read )

EU Bailout Terms Are Designed to Force Syriza From Power

Alexander Reed Kelly / Truthdig Jul 2, 2015 The aim of German Chancellor Angela Merkel and other EU powers in the Greek debt crisis is “apparently to humiliate Tsipras and his government in preparation for its early replacement with a more pliable administration,” writes Seamus Milne, associate editor of The Guardian. Dig deeper ( 2 Min. Read )

VIDEO: Chomsky on Greece: A ‘Savage Response’ for Standing Up to Austerity ‘Class War’

Roisin Davis / Truthdig Jul 2, 2015 In an interview for "Democracy Now!" Noam Chomsky comments on the challenges faced by Greece's leading party, Syriza. Dig deeper ( 1 Min. Read )

Through Feints and Provocations, the Greek Debt Drama Will Continue

Alexander Reed Kelly / Truthdig Jun 22, 2015 “There has been nothing but bad news,” writes The Guardian’s economics editor Larry Elliott of the Greek debt crisis. “Yet, through it all, the relative calm in the financial markets has reflected a belief that, despite everything, the drama Tsipras of Athens will have a happy ending.” Dig deeper ( 3 Min. Read )