I’ve been reflecting on the situation in Greece and have pointed out that much of what is happening is the inevitable consequence of neoliberal thinking. So too is the fact that Greece suffers endemic tax evasion. It is thought that 30% of revenues are lost to evasion in Greece, with the rich being especially prone

Jim Sinclair on a Greece default, the pending ISDA decision and the insolvency of the five largest U.S. banks! So who is Jim Sinclair, what is the ISDA and what do either one have to do with the Greece sovereign debt crisis or the solvency of banks in the U.S.? Because the way that the Greece sovereign debt crisis will ultimately be handled by the EU has implications far beyond either Greece or th...

Those who suggest Greece might leave the eurozone are like Homer's sirens. Greece will not be tempted by these short-term options, but will undertake the necessary, bold adjustments, writes George Provopoulos

China is committed to support Greece "politically and economically" in order to help it recover from its debt crisis, the country's ambassador told an audience in Athens. EurActiv Greece reports. More »

Those who denounce the speculators' supposed attack on Greece are missing the point. The smart money has been waiting for a chance to buy a piece of Greece, not sell it short. A piece, such as, say, stock in the National Bank of Greece

Belgium has been sentenced by the European Court for Human Rights for sending back to Athens an asylum seeker who had entered the EU from Greece. The court ruled that Greece did not comply with minimum standards on the treatment of asylum seekers.

While hundreds of demonstrators took the streets in Greece yesterday (4 May) and international stock and bond markets sank, the European Commission tried to reassure investors that the multi-billion euro loan package, approved last weekend to help Greece tackle its debt problem, will be able to go forward without the approval of every eurozone member state. 

The question is not whether Greece can reduce its deficits but whether it has the strongest possible support to do so, said the MEP, who heads the Greek socialist delegation and is a vice-president at the European Parliament. Lambrinidis criticises the EU for refusing to disclose how it plans to support Greece if the country needs more money to lower its deficit, saying this will not deter markets...

There’s widespread discontent across Greece, evidently clear from the widespread rioting that has taken place during the past week and most of it is blamed on rising poverty, corruption and unemployment. Other problems linked to Greece’s membership of the EU have also played a role. The same truth can be seen in the UK

In light of the recent civil disorder in Greece, this article applies Weber's theory on what a state is to Greece. The riots and disorder, which have continued for weeks and have led to Kalashnikovs being fired at the police, do suggest that the state's 'monopoly of legitimate force' is being challenged. Significant proportions of the population seem not to think the state's use of force is legiti...