austerity
Economy
Obama Calls on Merkel to Find Realistic Solution on Greece
U.S. President Barack Obama called on German Chancellor Angela Merkel and requested finding a realistic solution on the Greek issue.
The telephone conversation between the two leaders on Wednesday evening was about the European Summit on Thursday where European heads...
Economy
Anti-Austerity Rally to Take Place in Frankfurt
Thousands of people are expected to take part in the anti-austerity rally which will take place on March 18 in Frankfurt, in support of Greece and other countries that have been forced to live under austerity measures. The rally...
Cyprus
Harvard Business Review: Greece and Cyprus Better Off Without the Euro
Greece and Cyprus might be better off out of the European common currency bloc, a Harvard Business Review report said.
According to the writer, Loizos Heracleous, long-term relief for the troubled Greek economy is very unlikely, if the current situation...
Economy
The Nation: 'Greece Stands Up'
American magazine “The Nation” will publish an issue featuring the Greek flag on the cover for the week March 23-30. The blue issue cover shows a raised fist with the Greek flag, while the title reads “Greece Stands Up.”
The...
Economy
German Finance Ministry: Greece Has Paid Back €360 Mln in Interest
The German Finance Ministry has admitted that the austerity policy imposed on Greece is responsible for the economic crisis and the bankruptcy threat, according to a Rheinische Post report.
The report is the result of a question posed by German...
Economy
Carlos Latuff's New Cartoon About Greece and PM Tsipras
Internationally acclaimed Brazilian-Arab cartoonist Carlos Latuff has yet again turned his pen on Greece and the country’s ongoing financial thriller. Today, Latuff portrayed Greece being rather mad with the newly elected leftist Prime Minister Alexis Tsirpas.
In Latuff’s eyes, Tsipras...
Economy
Grammy-Winning Band Roots for Greece in Song
Greece 's struggle to come out of the economic crisis has many supporters around the world. The most recent one is Grammy-winning Canadian indie rock band Arcade Fire.
Singer Will Butler wrote a song called "Clean Monday," named after the...
Economy
Foreign Media Reports On Eurogroup's 'Shipwreck' Meeting
Foreign media rushed to cover the February 16 Eurogroup meeting which ended with no deal between Greece and its European partners. The Wall Street Journal wrote about a “talks break down amid deep divisions over bailout," while the Guardian...
Australia
Rally in Support of Greece at Sydney Town Hall
“The first aim of the AGSC is to let the Australian people know the truth about Greece. The second is to organize people to push the Australian government to support the Greek people,” said Adam Rorris, coordinator of the...
Greece
The Touching Political Cartoon that Went Viral in Greece
It's not the first time that acclaimed cartoonist Carlos Lattuf draws about Greece and the financial drama of its people. However the latest creation of the Brazilian artist has gone viral in Greece and there is a reason.
The cartoon...