Grexit

Manspreading, Hangry, Grexit And Brainfart Join Oxford Online Dictionary

News on manspreading from Reuters: Aug 27 (Reuters) – Feeling hangry? Can’t find a seat on the subway because of manspreading? Annoyed by people butt-dialing you? All three slang words officially joined OxfordDictionaries.com on Thursday in a quarterly update of popular

Manspreading

Greek Prosecutor Investigates Former Finance Minister over Euro Exit Plan

No scene of political turmoil is complete until somebody gets investigated by prosecutors. Such is the fate of former Greek finance minister Yanis Varoufakis, who has become a darling of the anti-austerity, hardcore left ever since he departed his office on the eve of the 11th-hour bailout deal.

REUTERS/INTS KALNINS

Reuters: Debt conundrum to keep Greek banks in months-long freeze

From Reuters: Greek banks are set to keep broad cash controls in place for months, until fresh money arrives from Europe and with it a sweeping restructuring, officials believe. Rehabilitating the country’s banks poses a difficult question. Should the euro zone

GREECE-EU-POLITIC-DEBT

PICTURES: Greek MPs Support New Reforms, Unions Riot

The Greek parliament last night comfortably passed a second set of reforms in order to continue talks on a new bailout, although the governing Syriza is now deeply divided. Dozens of hardliners with Prime Minister Alexis Tsipras’s party rebelled, effectively

A fire bomb explodes behind riot police (ARIS MESSINIS/AFP/Getty Images)

Greek Bailout: Germans Vote On Deal Nobody Believes In

Today the Greek bailout plan comes before the German parliament (the Bundestag), the latest approval hurdle for the third bailout package which nobody believes will work. Ratification of the €86 million rescue deal is expected, notwithstanding yesterday’s comments from Germany’s Federal Finance Minister Wolfgang

The Associated Press

PICTURES: Protests Turn Violent As Greek Parliament Backs Bailout

The Greek parliament voted last night to accept tough new austerity measures, despite the people rejecting similar measures in a referendum just over a week ago. Angry protesters took to the streets to denounce the move, which they saw as

Protesters look on as they clash with riot police in front of the Greek Parliament (ANDREAS SOLARO/AFP/Getty Images)

The EU Is Dead: It Just Refuses to Lie Down

Anyone who has ever witnessed the terminal struggles of insects in a killing bottle will recognise the nature of the paroxysms contorting the EU “leaders” today. The Greek pantomime is beyond parody. It is a shadow-boxing contest between two factions of the

A barbed wire is seen in front of a European Union flag at an immigration reception centre in Bicske

EU Could Force Britain to Pay £850m to Bail Out Greece

Britain could face a bill of up to £850m for latest Greek bailout as European leaders desperately search for money for the heavily indebted nation. Although Britain is signed up to an emergency EU fund, Prime Minister David Cameron believes

The Associated Press

Greek Bailout: Everybody Capitulated to Everyone Else

The seemingly final deadline for serious Greek proposals in the debt showdown was Friday morning, and some paperwork was indeed delivered on schedule, inducing some optimism that a Greek exit from the Euro would be averted. Depending on who you ask, the deal is either a stunning triumph or disastrous capitulation for either Greece or its creditors.

AP Photo/Emilio Morenatti

Eurozone Sets Another Deadline for Greece, and this Time It Might Be Real

All sorts of deadlines have come and gone during the Greek debt crisis—as the basket-case nation’s European creditors repeatedly blinked and decided to grant one extension after another—unwilling to precipitate the pan-European (and possibly global) financial earthquake of a “Grexit” from the Euro.

The Associated Press

China Worries About Greece as Everyone Worries About China

China is teetering on the edge of a 1929-style stock market meltdown, and Greece might be about to exit the Euro. China is worried about what the Grexit, or an even larger collapse of the Euro, might do to its house-of-cards stock market. Everybody else is worried about what a Chinese collapse could do to their markets, especially since Western socialists have sold so much of their own nations to China over the years.

The Associated Press

Ryanair Boss: ‘Greece Has Elected A Bunch Of Lunatics’

The Greek people have “elected a bunch of lunatics,” according to Ryanair boss Michael O’Leary. The entrepreneur’s budget airline has invested heavily in routes to Greece, flying into eight airports across the country and its islands, and the company is

VIRGINIE LEFOUR/AFP/Getty Images

Be Afraid: Obama Enters Greek Financial Crisis

The Greek financial crisis just got worse. As if the mountain of debt, default and ruination of the EU’s collective economy wasn’t bad enough, now US President Barack Obama has started cold calling European leaders to offer them words of economic counsel.

REUTERS/Larry Downing

The EU: A Wounded Beast Whose Time Has Passed

The beast is wounded – probably mortally – but it will take an inordinately long time to die and in its prolonged death throes it will devastate whole nations’ economies, living standards and dignity. Circle the date ‘5 July 2015’ in your

The Associated Press

Everything You Need To Know About The Greek ‘No’ Vote

Greece voted ‘No’ by a landslide in a referendum on the latest EU bailout deal. Here’s what it means: 1. You have just added a new word to your Greek vocabulary. Besides ‘retsina’, ‘souvlaki’, ‘moussaka’, and ‘kalamares’ you now know

'NO' protester supporter holds a banner as they gather in front of the parliament building in Athens on July 3, 2015.

Reuters: Four Converging Crises Could Destroy Europe

From Reuters: Four great crises around Europe’s fringes threaten to engulf the European Union, potentially setting the ambitious post-war unification project back by decades. The EU’s unity, solidarity and international standing are at risk from Greece’s debt, Russia’s role in

A barbed wire is seen in front of a European Union flag at an immigration reception centre in Bicske

Crash Alert: International Reserves Fall First Time Since Lehman Brothers

International reserves, which measure global savings available for financial market investment, have fallen twice this century: once in the first quarter of 2009, and once in the fourth quarter of 2014. That most recent reserve drop is causing some analysts to warn that conditions for a crash may be building.

The Associated Press