Greece
Greece Articles
ThinkstockJust last week that we showed how the Democratic Left party in Greece was withdrawing from the current government coalition. While this alone might not have forced a vote of confidence to...
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ThinkstockThis week has been a disaster for emerging markets, and now it appears as though Greece is going to come back up as a key spot of financial turmoil. The question is whether anyone will care...
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ThinkstockSome of the parties that form the coalition that rules Greece have pulled out of the alliance. It appears another European government could fall over the question of austerity, or at the...
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ThinkstockIf things are really stabilizing or set to get better in Greece and the rest of the PIIGS in Europe, then why did a privatization sale end up with no bidders? That is what we would like to...
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ThinkstockAre there any jobs in Greece? If so, there are plenty of applicants, or at least bodies, that can apply. A report on Thursday showed that the March unemployment rate rose yet again to 26.8%...
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ThinkstockUnemployment in the euro area grew again in March, supporting the obvious conclusion that a lack of stimulus, terribly high unemployment and the crippling of the financial and industrial...
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ThinkstockThe U.S. unemployment rate continues to tick down, hitting a more than four-year low of just 7.6% in March. In much of Europe, however, the situation is very different. If the latest...
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ThinkstockEurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering that, at the depths of the recession, U.S. joblessness barely topped 10% during...
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ThinkstockThe masses in one European nation once again demonstrated that government attempts to close deficits through austerity only work if people work. Greeks staged a large national strike to...
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ThinkstockNew Greek Austerity Protests The masses in one European nation once again demonstrated that government attempts to close deficits through austerity only work if people work. Greeks staged a...
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ThinkstockThe Bank of Greece has some good news for the PIIGS watchers. We would caution that this good news comes at a hefty price, but that is the world of austerity for you. The Greek’s central...
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ThinkstockThe Euro meltdown seen in 2012 looked as though it was going to bounce Greek out of the monetary union. That was then. We have noted on several occasions how investment is sneaking back...
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Eurostat reports that unemployment in the euro area has risen again: The euro area (EA17) seasonally-adjusted unemployment rate was 11.7% in October 2012, up from 11.6% in September. The EU271...
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ThinkstockDiscussions of how to bail out of Greece have turned rapidly to what kind of write-off investors may have to take on Greek debt as the International Monetary Fund and European Union prepare...
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ThinkstockThe latest word out of Europe is that finance ministers and the International Monetary Fund cannot agree about a bailout of Greece. The troubles are as much political as financial, which...
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