Daily Archives | Greek crisis

A Greek Tragedy

April 9th, 2012

READ MORE

Last Wednesday retired pharmacist Dimitris Christoulas shot himself with a handgun in the Syntagma Square, in central Athens, as a protest over the austerity measures and the financial crisis of the country. According to the Health Ministry, in the first …

The Human Consequences of Greek Crisis

February 24th, 2012

READ MORE

CNN News has published an interview with nine Greek citizens about the consequences that austerity cuts are having on them. Konstantinos Papaioannou, Greek language teacher and columnist, says that all citizens are affected, especially vulnerable groups that are living below …

A Second Bailout for Greece

February 22nd, 2012

READ MORE

On Tuesday morning the finance ministers of the euro zone signed a deal for a second bailout for Greece including US $ 173 billion in new financing. The new deal provides short-term relief but the situation is still complicated considering …

Greek Museum Robbed

February 20th, 2012

READ MORE

Greece is living one of the worst times in its recent history. The austerity measures to deal with the economic crisis have awakened social unrest and its economic troubles have unexpected consequences. Past week Mexican newspaper El Universal published a …

Versailles 1919 / Greece 2012

February 16th, 2012

READ MORE

Richard Quest, CNN Correspondent in Greece presents an interesting comparison between the austerity program in Greece and the way Germany was treated after World War I, when it suffered territorial changes and military and legal restrictions imposed by the Allied …

Athens Anger

February 13th, 2012

READ MORE

The Greek people believe that the European financial authorities have dictated unacceptable terms in return of a 130 billion Euro bailout. The cabinet has determined fresh austerity measures that were passed by the Parliament and approved by finance ministers in …

Greek Leaders Reach a Deal

February 10th, 2012

READ MORE

Greek financial leaders finally accomplished a deal on austerity measures to reach a new Euro international bailout. The leaders of the three parties in the coalition of Prime Minister Lucas Papademos said that a compromise have been reached but gave …