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Greece

Former EU Chief Juncker Blames Merkel On Handling of Greek Crisis

Former European Commission chief Jean-Claude Juncker criticized outgoing German Chancellor Angela Merkel’s handling the Greek debt crisis in 2015 on Thursday, saying that her “hesitations” and “reluctance” undermined efforts to deal with the situation. “I think her biggest failure was...

Costa-Gavras Film on the Greek Crisis Premieres at Venice Festival (video)

The eagerly-awaited film by Greek director Costa-Gavras, "Adults in the Room", made its world premiere on Saturday, August 31 at the Venice Film Festival. Adapted from the book of former finance minister Yanis Varoufakis, Adults in the Room allows Costa-Gravras...

The Greek Sports Legends of the Greek Crisis

https://www.youtube.com/watch?v=ZKuKsG9EBXk Some Greek athletes have defied all odds during the decade of Greece's financial crisis, rising to the world stage and becoming legends of sport. As the nation suffered from years of unprecedented austerity, violence and instability, this group of individuals...

Dijsselbloem Calls Varoufakis' Handling of the Greek Crisis 'Catastrophic'

During an interview on Greece's ANT1 television station on Monday evening, the former president of Eurogroup, Jeroen Dijsselbloem, said that ’ handling of the Greek crisis was "catastrophic" for Greece. Dijsselbloem also accused Varoufakis of trying to constantly undermined the...

8 Years of Bailouts: A Timeline of the Greek Crisis

Greece turned a page on eight years of spending cuts and three straight international bailouts on Monday as experts warned that the country's economic challenges are far from over. The European Union, the European Central Bank and the International Monetary...

Despite Government Celebrations, the Greek Crisis is Far from Over

It is official: Greece is exiting the third bailout program and Prime Minister Alexis Tsipras is calling on all citizens to celebrate the end of borrowing and applaud the country's ability to stand on its own feet after eight...

Guardian's Greek Crisis Holiday Package Causes Outcry; Gets Retracted

UK media giant the Guardian withdrew an advert for holidays in crisis-stricken Greece following widespread criticism in social media. The Guardian Holiday webpage stated that the package was “exclusively designed for Guardian readers” by Political Tours, an agency specializing in...

Hard-Hitting Film Explores Greek Crisis (video)

The trailer for a new hard-hitting documentary about Greece, its crisis and the future of its young people was released on Thursday. Freedom Besieged is a 70-minute offering by award-winning Greek-Canadian filmmaker Panayioti Yannitsos which documents the lives of young...

Eight Years of Greek Crisis Cost €600B

As we are approaching the eight-year-mark since the first bailout program was imposed on debt-ridden Greece, a look at the heavy losses Greek households have suffered through the crisis shows staggering findings. The crippling eight-year recession has so far caused...

Euro Working Group Head Blames Politicians for Greek Crisis, Supports Debt Relief

In an interview with the Athens News Agency, Austrian economist and outgoing chief of the Eurogroup Working Group (EWG) Thomas Wieser blames Greek politicians for the 2008 financial crisis in the country and says he supports Greek debt relief. Asked whether...

Greek Crisis Among Issues to be Discussed by G7

The ongoing economic crisis in Greece will be part of the discussions at the G7 summit to be held May 11-13 in Bari, Italy, according to the Athens News Agency. ANA cites a U.S. Treasury official who said that there...

U.S. Treasury Secretary: 'Greek Crisis Is Basically a European Problem'

The economic crisis in Greece is basically Europe's problem, said new U.S. Secretary of Treasury Steven Mnuchin in a Wall Street Journal interview. The statement came after estimations that the Donald Trump administration will not encourage the International Monetary Fund...

Wikileaks: CIA was Monitoring French Political Parties and their Stance on Greek Crisis

The interest of the CIA for the attitude of French political parties towards the Greek debt crisis before the 2012 elections in France has been revealed on the WikiLeaks website. According to WikiLeaks, the CIA was watching all major French...

Greek Crisis Sees Increase in Deaths Due to Medical Errors

The onset of the economic crisis in Greece has resulted in an increase in deaths due to medical errors, according to a new analysis by researchers at City, University of London, Surrey University and Stanford University that was published...