Back in 2009, with the world reeling from the fallout of the financial crisis, Greece’s government made a confession: its finances were in horrific shape.
Market Watch: July 14, 2015
European Central Bank President Mario Draghi has voiced unprecedented doubts about the chances of rescuing Greece from bankruptcy as Greek Prime Minister Alexis Tsipras was due to put forward last-ditch reform proposals on Thursday.
Reuters: July 9, 2015
An agreement was still possible, French Prime Minister Manuel Valls said in an interview to French media on Sunday, urging the Greek government to return to the negotiating table.
June 28, 2015
Officials in the 19-nation eurozone are focusing on debt-ridden Greece in a series of meetings Monday as they work to prevent the country from defaulting on its loan payments at the end of the month.
June 22, 2015
Greece is locked in unreason and the future is not so bright.
Thomas Colignatus: June 12, 2012
The EU is in a pressure cooker with interest rates that suffer from stigma, i.e. irrational fears of default that become rational and self-fulfilling because the higher rates of interest imply a reward.
Thomas Colignatus: January 30, 2012
Greece may actually help the EU if she learns how to value and respect the advice of economic scientists.
Thomas Colignatus: November 4, 2011
The leaders of Germany and France represent now far more than their electorates, and responsibility is crucial.
Paris Karagounis: June 21, 2011