With the ECB freezing the level of emergency liquidity assistance it is providing to Greek banks, the nightmare scenario for Greece is already beginning to unfold.
Articles on Greece
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Austerity has crippled the Greek economy and Greek society. To accept more is a decision that should be given to the Greek people.
What you need to know about the IMF and its approach to negotiations over a Greek bailout.
As Greece and Europe struggle to come to an agreement, is Russia offering the Syriza government a viable alternative?
The Greek parliament’s Truth Commission on Public Debt has declared much of Greece’s €320 billion debt to be “odious” and illegal.
Investment for profit and development should lie at the heart of a solution for the imbalances in Greece and Europe.
Whether Greece reaches a new bailout agreement or not, the country is in for a rough ride.
A continent in shock; a country on the brink; and a model for punitive debt negotiations that serves no one but the banks.
Only one thing is certain in the titanic struggle over Greek debt and the future of the Euro.
Our current turn towards ancient Greece touches on a fundamental nerve in modern society.
A possible “Grexit” would be more likely to lower rather than raise the political incentives for other European governments to follow.
Like Diogenes the Cynic, Greece’s Syriza government have been intransigent in negotiations with powers stronger than them.
In order for Greece to move forward, Tsipras’ government needs to take the opportunity being offered it and accept the political cost.
The euro will not survive unless Europe ends the ongoing humanitarian crisis in Greece.
Much of the focus on Greece has been on how to deal with its debt. Yet the debt will not be tackled simply through cutting public spending.
Greece has undergone significant reforms in the last five years. A look at the effects on the country shows why Syriza’s rejection of further austerity is not unreasonable.
Nobody will gain anything from prolonging the current stand-off; it is time for all parties to contribute towards a pragmatic agreement.
A call to break with the leadership of Greece’s ruling party has highlighted the futility of debt-led austerity and the burden it places on people on the wrong side of a banker’s bad bet.
Why the Greek debt crisis shouldn’t be viewed as a conflict between different countries, but one between workers across Europe and big business.
Greece has met its latest debt deadline, but if the country is to stave off Grexit, it’s time to deal with the country’s liquidity.
Top contributors
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Professor of Business Ethics, Warwick Business School, University of Warwick
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School of Social Sciences, Monash University
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Professor of Finance, University of Liverpool
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Honorary Professor, Department of Economics, University of Stirling
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Principal and Vice Chancellor, University of Glasgow
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Senior Lecturer in Law, University of Westminster
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Dean of Business School, University of Southern Queensland
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Professor of Social Anthropology, Vrije Universiteit Amsterdam
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Professor of Economics, University of Athens
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ARC Laureate Fellow, Scientia Professor of Law, UNSW
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Associate Professor in International Politics, University of Birmingham
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Senior Lecturer in Politics and International Relations, University of Liverpool
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Reader in Economics, Cardiff University
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Professor of Economics, Skidmore College
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Associate Professor of Economics, Western Sydney University