austerity measures

The Greek Parliament concluded a vote Tuesday early morning with the passing of the SYRIZA government’s proposal for an investigative committee to look into the circumstances surrounding the signing of the country’s two memoranda with its international lenders. Out...

A poll published on March 13 by German public broadcaster ZDF reveals that 52% of German citizens no longer want Greece to remain in Europe's single currency, up from 41% last month, Bloomberg reported today. The shift is due to...

The left platform of SYRIZA criticized Greek Prime Minister Alexis Tsipras for backing down on Monday's Eurogroup negotiations and asks for rift with creditors. The party's left platform --led by Minister of Productive Reconstruction, Environment and Energy Panagiotis Lafazanis --...

SYRIZA MP Costas Lapavitsas wrote an article in The Guardian claiming that austerity in Greece will not end as long as the country remains in the euro zone. Lapavitsas is an economics professor at London's School of Oriental and African...

Greece and the Eurozone finally managed to bridge the gap regarding the country's bailout program and they reached a new deal that entails a four-month extension of the loan agreement without new austerity measures and a commitment that no unilateral actions...

The nineteen Eurozone Finance Ministers appear to have reached an agreement at the Eurogroup meeting being held now in Brussels. The agreed drafted outline will form the basis for keeping liquidity flowing to Greece, while extending the country’s bailout...

Greek Finance Minister Yanis Varoufakis is currently holding the third and most crucial of a series of meetings with his Eurozone counterparts in Brussels in an attempt to strike a deal regarding the future of the Greek program. The talks...

Demonstration rallies will be held in all major cities across Greece in support of Finance Minister Yanis Varoufakis in today's crucial emergency meeting of euro zone finance ministers in Brussels. The rallies will take place at 6 p.m. today under...

Foreign media reached a conclusion after Alexis Tsipras’ statements in the Greek Parliament on Sunday evening, February 8. The Greek Prime Minister appears determined to put an end to austerity measures, even if that leads to a Grexit. Reuters’ reporter...

BBC reporter Mark Lowen came to Greece and went to a Greek barbershop in Athens where he produced a video explaining in "layman's terms," what the new Greek coalition government essentially means by a "debt haircut." The result was a...