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Greece

NPR
Parallels
Greek supporters of the "no" vote celebrate at Syntagma Square in Athens on Sunday night after the results were announced. Greeks overwhelmingly rejected the demands of creditors for more austerity in return for rescue loans. But the country has no clear

What's Next For Greece?

Jul 06, 2015
The Greek economic drama has been playing out for five years with papered-over solutions. But with Sunday's vote, the crisis has taken on new urgency.
NPR
The Two-Way
People read newspaper headlines showing the results of Greece's referendum, in Athens on Monday.

Latest On Greek Crisis: Finance Minister Resigns, As EU Leaders Meet

Jul 06, 2015
Finance Minister Yanis Varoufakis said his resignation could help the prime minister negotiate a better deal with the EU. However, he said, he will wear the "loathing" of Greek creditors "with pride."
NPR
Parallels
Pensioners queue outside a national bank branch in Athens on Thursday. Greek banks are running out of cash and the situation poses further danger to the economy, analysts say.

Debt Crisis Puts The Squeeze On Greece's Banks

Jul 03, 2015
The country's banks could hardly be in a more precarious position. The European Central Bank has stopped lending Greece money and a referendum Sunday could spell the country's exit from the eurozone.
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NPR
The Two-Way
Thousands of people supporting a "no" vote on the country's referendum rally in Athens on Thursday.

Hours From Greek Bailout Vote, 2 Sides Evenly Divided

Jul 03, 2015
One new poll shows that those favoring the bailout hold a wafer-thin plurality, but another one gives the edge to the "no" side.
NPR
The Two-Way
Greece's Prime Minister Alexis Tsipras attends an emergency Parliament session for the government's proposed referendum in Athens on June 27.

Why We Shouldn't Be Surprised By Greece's Impasse With Europe

Jul 02, 2015
Prime Minister Alexis Tsipras was elected on the promise of renegotiating the regimen of austerity imposed on Greece by its creditors. And Europe warned him it expected Greece to repay its debts.
NPR
The Two-Way

Greek Leader Reiterates Call For 'No' Vote In Referendum

Jul 01, 2015
Prime Minister Alexis Tsipras insisted a rejection of creditors' proposals for a bailout did not mean Greece would leave the eurozone. Greece officially missed a loan payment to the IMF.
NPR
The Two-Way
A collection of old Greek Drachma and euro notes and coins.

Wisdom Of The Crowds? Online Effort Seeks To Raise Funds For Greece

Jun 30, 2015
A crowd-funding effort to get the $1.8 billion Greece needs to make a loan payment to the International Monetary Fund has so far raised $124,569. Donors get gifts ranging from salads to gift baskets.
NPR
The Two-Way
Greece's Prime Minister Alexis Tsipras prepares for a TV interview at the State Television in Athens on Monday. He urged Greeks to vote "no" in Sunday's referendum on the terms of a bailout.

Greece Seeks New Bailout From Eurozone

Jun 30, 2015
European finance ministers are meeting at 2 p.m. ET to consider the Greek proposal. The country has until 5 p.m. ET to make a loan payment to the International Monetary Fund.
NPR
The Two-Way
The EU and national flags fly in the foreground of the Parthenon, as Greek voters prepare to decide whether to continue negotiating for more international loans.

If The Mess In Greece Is All Greek To You, Then Read This

Jun 29, 2015
This week, Greek will miss a $1.73 billion payment to the International Monetary Fund. The debt crisis has the potential to create financial, economic and geopolitical trouble for Americans.
NPR
The Two-Way
Pensioners, who usually get their payments at the end of the month, wait outside a closed bank in Thessaloniki, Greece, on Monday. Greece's government announced capital controls, and the country's banks remained closed Monday.

European Leaders Warn Greeks On 'No' Vote In Referendum

Jun 29, 2015
They say a rejection of bailout terms would mean leaving the eurozone. The Greek government has urged its citizens to vote "no." The country is one day away from failing to make an IMF loan payment.
NPR
The Two-Way
People stand in a line to use the ATMs of a bank in the northern Greek city of Thessaloniki on Saturday after the country's prime minister announced a snap referendum on an international bailout — pushing Athens toward a Tuesday deadline for a plan to

Greece Slouches Toward Default As Germany Rules Out Further Debt Talks

Jun 27, 2015
Germany says that there will be no more negotiations after the Greek premier called for a nationwide referendum on a bailout plan. Meanwhile, fearful Greeks are withdrawing their euros.
NPR
The Two-Way
Greek Prime Minister Alexis Tsipras arrives for a meeting with European Commission President Jean-Claude Juncker before an EU summit in Brussels on Monday. He's hoping a new Greek proposal will end the deadlock on a bailout for Greece's economy.

Greek Proposals Raise Hope Of Deal On Bailout

Jun 22, 2015
A Greek proposal could pave the way for another installment of a multibillion-dollar bailout. The move could stave off a Greek default on its debt and prevent the country from exiting the eurozone.
NPR
The Two-Way
Greek Prime Minister Alexis Tsipras (center) gestures next to Deputy Prime Minister Yannis Dragasakis (left) and Interior and Administrative Reconstruction Minister Nikos Voutsis. Voutsis says Greece may miss its next debt payment.

Greece Warns That It Will Probably Miss Next Month's Debt Payment

May 24, 2015
Interior Minister Nikos Voutsis says a $1.76 billion payment due next month "will not be given and is not there to be given."
NPR
The Two-Way
The headless, reclining sculpture of the river god Ilissos is on display at the State Hermitage Museum as part of its 250th anniversary celebration in St Petersburg, in December. The sculpture, taken from the Parthenon in Athens 200 years ago, was on loa

Greece Says It Won't Take U.K. To Court For Return Of Elgin Marbles

May 14, 2015
Athens says taking the matter to the International Criminal Court would take too long and the outcome would be uncertain. Instead he says Greece will use diplomatic channels for their return.
NPR
Parallels
The remains of an inflatable boat that passed illegally from the coast of Turkey rest in October 2014 on the shore 10 miles from Mytilene, Greece. Thirty-four immigrants from Syria, among them one woman and three children, made a dangerous night journey

On Patrol With The Greek Coast Guard, On The Lookout For Migrants

May 07, 2015
The coast guard crew encounters migrants — and smugglers — almost every night in the Aegean Sea, and the numbers are rising rapidly. Some come from as far away as Afghanistan.
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NPR
Parallels
Vassilis Pergantas, center, first met his wife Claudia when she visited Distomo, Greece, on a trip with her youth group from Nuremberg, Germany. Despite the massacre committed by the Nazis in the village, Claudia says her husband's family has been very w

As Greeks And Germans Negotiate Debt, Reparations Issues Resurface

Apr 18, 2015
Greece says Germany owes it billions of dollars for its World War II occupation by the Nazis. The German government says it has already paid, but some Germans feel more should be done.
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NPR
The Two-Way

Greece Puts A Number On Nazi-Era Reparations From Germany

Apr 07, 2015
Deputy Finance Minister Dimitris Mardas told a parliamentary panel the figure was about $305.17 billion. It's the first time Greece has set a figure for the German occupation in the 1940s.
NPR
The Two-Way
Jeroen Dijsselbloem, the head of the Eurogroup (right) sits next to Roberto Gualtieri, the chairman of the Committee on Economic and Monetary Affairs, during a meeting Tuesday at the European Parliament in Brussels. The European Union's executive branch

Eurozone Approves Greek Overhaul Plan

Feb 24, 2015
The Greek plan would keep Athens' budget under control while spending more on social programs. European ministers agreed to extend financial assistance by four months, but the IMF was more skeptical.
NPR
Parallels
A Snow Queen shop in Moscow, part of a large Russian chain, sells fur coats produced in Kastoria.

A Greek City Nervously Watches Its Fur Trade Falter

Feb 22, 2015
Kastoria survived Greece's economic crisis primarily because of high Russian demand for the fur coats it produces. Then the Russian economy tanked. Now Kastoria is in trouble.
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NPR
The Two-Way
A man passes a graffiti in central Athens Friday, as Eurozone finance ministers consider Greece's request to extend the bailout loans that have kept its government afloat.

Greece Reaches Deal With EU To Extend Loan Terms

Feb 20, 2015
Athens gets an extension of four months on the terms of the EU bailout, ending for the short-term the danger that it will default and be forced out of the Eurozone.
NPR
The Two-Way
Greece's hopes for reaching a new compromise with Eurozone members on the terms of its loans are seen as hinging on promises to reform its economy — and submit to outside inspections.

Greece Seeks To Extend Eurozone Loans, As Deadline Looms

Feb 19, 2015
With the bailout package that has kept Greece's economy afloat set to expire in just over a week, the country has formally asked Eurozone members for a six-month extension.
NPR
Parallels
Greek Prime Minister Alexis Tsipras (fourth from the left) leads the first cabinet meeting of his government Jan. 28 in Athens. He's been criticized for selecting no women for senior positions.

Even As Progressives Take Lead In Greece, Women Remain Out Of Power

Feb 18, 2015
The new leftist Greek government says it wants to revolutionize a country that long has resisted change. So far, that hasn't included finally placing women at the highest levels of government.
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NPR
Parallels
Greek Prime Minister Alexis Tsipras addresses lawmakers at the Parliament in Athens on Tuesday. Greece is in talks with European finance ministers over its debt.

EU-Greek Drama Deepens As A Deadline Approaches

Feb 17, 2015
Greece has threatened to quit the euro if an agreement over its debt isn't reached. There were hints that a deal with the new Greek government could be worked out. But turmoil looms if the talks fail.
NPR
The Two-Way
Greek Finance Minister Yanis Varoufakis gives a press conference on Monday at the end of an Eurogroup finance ministers meeting at the European Council in Brussels.

Talks Collapse, As Greece Rejects E.U. Bailout Deal

Feb 16, 2015
Four hours after talks started, both parties walked out and reiterated their hard lines. Now, Greece's membership in the currency bloc is in question.
NPR
Parallels
A woman wrapped in a Greek flag makes her way in to a demonstration to support the new anti-austerity government in Athens on Thursday.

In A Twist, Greeks Demonstrate In Favor Of Their Government

Feb 08, 2015
Greece's new prime minister gave his first speech to Parliament Sunday. His nation was eager to hear his plans to revive the country's ravaged economy while also ending unpopular austerity measures.
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