Articles on Greece

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Forget the hand signals, Alexis Tsipras of Syriza is a left-winger. EPA/Simela Pantzartzi

EU election: austerity will make for lively contest in Greece

The Greek public will go to the polls on May 25 as a massively divided electorate. The obvious factor which shapes public opinion is the continuation of an economic crisis which has resulted in a six-year…
Unfolding Greek tragedy. Piazza del Popolo

Suicide, HIV and infant deaths soar in post‑crash Greece

A health crisis in Greece brought on by national austerity measures has driven up cases of HIV, suicide, major depression, and infant death, and left hundreds of thousands locked out the health system…
Not your average poet. Wikimedia Commons

New Sappho poems set classical world reeling

It’s a kind of literary miracle. Fragments of two new poems by Ancient Greek poet Sappho have been discovered, making it possible for us to be among the first people to read these texts for more than 1,000…
A World Bank report gives a hopeful forecast for global growth. Image sourced from www.shutterstock.com

Growth spurt hopes for global economy, but challenges remain

The World Bank’s Global Economic Prospects report released this week is moderately optimistic about the short-term outlook of the global economy. World Bank economists anticipate an improvement in most…
Fugitive whistleblower Edward Snowden continues his fight for asylum - a concept that is grounded in ancient history. EPA/Kay Nietfeld

Snowden, Assange and the ancient history of seeking asylum

As Julian Assange remains inside the Ecuadorian embassy in London and Edward Snowden, last thought to be Venezuela-bound, attempts to avoid capture by an enraged United States, the grant of asylum has…
Greece is feeling the heat from its European creditors. liako

Battle over broadcaster a sign of deeper Greek political woes

The latest political crisis in Greece began with a spat over the future of public tv and radio. The fragile political consensus among the three-way government coalition was finally broken with one party…
Greek protestors take to streets after the ERT shutdown. Yanis Varoufakis

The view from the studio, as Greece’s state TV was shut

For those of us who grew up in the Greece of the neo-fascist colonels, nothing can stir up painful memories like a modern act of totalitarianism. When the television screen froze last night, an hour before…
Greece: not just riots and unemployment. flikr/Imagaday

Europe’s latest investment opportunity … Greece

The IMF has conceded that mistakes were made in the way the first Greek bailout in May 2010 was handled. Its report suggests the need to refine the fund’s lending policies to accommodate for conditions…
The plans of far-right Greek political party Golden Dawn to visit Australia have caused much consternation in the local Greek diaspora communities. EPA/STR

Golden Dawn: Greek fascists come Down Under

Melbourne has long been known as one of the biggest cities for Greek diaspora in the world, and the “world’s most liveable city” is fast becoming the latest battleground for the swelling fascist movement…
Fair contest: should we tinker with the rules in a free market? AAP

The AFL’s lesson for the global economy: changing the rules works

We all know the global economy is down the toilet. Even if we overlook the financial debacle in Greece, Spain, Iceland, Ireland – and that’s not easy – the big problem is Uncle Sam. Currently, the US Government…
Will super Mario Draghi, President of the European Central Bank, come to the Eurozone’s rescue? AAP

It will take courage to end the Eurozone crisis

Today Eurozone leaders will meet in Brussels. On the agenda is nothing less than the survival of the euro. Officially, it is about Spain: Spain’s economic and financial woes show the urgency. Moody’s drastically…
Greece’s New Democracy party leader Antonis Samaras has gained sufficient votes to form a coalition - but there is a long way to go for Greeks yet. AAP

Greece stays with austerity, but scenarios abound

Greece’s New Democracy leader Antonis Samaras begins the task of building a coalition after emerging as the front runner to form a government. Reports indicate New Democracy has narrowly beaten leftist…
In the aftermath of the Greek elections, there have been renewed calls to accompany austerity measures with pro-growth policies.

Austerity and growth: trying to make sense of a contradiction

Having read that the outcome of the Greek elections points to a continuation of the push for fiscal austerity in that country, my heart sunk. Then I see that our own Prime Minister has been quoted as telling…
Greece’s citizens are faced with an unenviable choice. EPA/Orestis Panagiotou

Greece’s choice: bargaining versus pleading

When two sides bargain, their interaction reflects a potential mutual benefit but also a measure of conflict. For instance, when a firm and its supplier reach a deal, there is often more than one price…
Worst hit by the Asian financial crisis in 1998, Indonesia’s economy has returned to pre-crisis growth rates. What lessons are there for Greece? Flickr/Cillian Storm

Can Greece learn from the story of Indonesia in the Asian financial crisis?

European financial woes are mounting daily is what some have called the biggest economic challenge of our generation. However, just over a decade ago an even larger financial crisis was unfolding in Australia’s…
Alexis Tsipras, leader of the Coalition of the Radical Left (Syriza) party, has proposed the cancellation of Greece’s agreements with the European Union and the IMF. AAP

With Europe at debt’s door, the future hinges on Greece’s election result

All eyes are on Greece this weekend for the second legislative election in five weeks. This is no ordinary election: the global implications of the outcome might be significant. Griffith University lecturer…
Alexis Tsipras will lead Syriza to the polls on June 17. EPA/Orestis Panagiotou

Greek elections: the heart of contradiction

To free the age from its captivity, To create a brand new world, The discordant, tangled days Must be linked, as with a flute. –Osip Mandelstam, The Age (1923) There is an air of impending disaster in…

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