Greece Prime Minister Alexis Tsipras will chair an executive meeting of his Syriza party early Tuesday before lawmakers begin a two-day debate on the bailout deal that will heap more tax hikes and spending cuts on a country already suffering through six years of recession.
By Paul Taylor and Renee Maltezou BRUSSELS/ATHENS, July 13 (Reuters) - Euro zone leaders made Greece surrender much of its
PRO-EURO RALLY Having been voted into power in January on a pledge to roll back austerity, Tsipras's leftist government has
In a last-ditch effort to repair the breakdown, Austrian Chancellor Werner Faymann is due in Athens on Wednesday after coordinating
Citizens of the eurozone countries didn't know when they formed the monetary union that they were not only losing their sovereign and democratic rights to control their most important macroeconomic policies. They had also ceded this power to people with an anti-social-Europe agenda. Now Greece is trying to get some of that democracy back.
A breakdown of the European bailout program might make a Greek exit from the euro ("Grexit") the only feasible option. And the popular revolt against outsiders dictating economic policy creates a huge new roadblock to attempts to expand Brussels' power over EU members.
I believe Yanis Varoufakis represents the grounded, value-based intellectual of a leader who has what it takes to survive the relentless demands for transparency in today's environment of global connectivity.
Renting a house, snagging a ride on your smartphone, and de-leveraging your balance sheets would truly be a new American way, with tremendous implications for policymakers including the Fed if a geopolitical or natural disaster hit and it was stuck at an already low interest rate.
"The crisis emerged over many years, through founding errors in the euro -- for example, Greece should not have been admitted
Europe's gross domestic product grew 0.3 percent in the second quarter from the quarter before, according to Eurostat, the