Greece nearly crashed out of the eurozone in 2015.
Bill Anastasiou / Shutterstock.com
The strict nature, implementation and dramatic social costs of the EU bailouts prompt questions about their effectiveness.
Before the financial crisis struck, you could breathe the overwhelming air of prosperity on the bustling streets of Trikala.
Trade unions protest the state of the economy.
After eight torturous years of crisis, Greeks are working long and hard with very little to show for it.
Greece needs genuine European support.
Economic sense has been largely irrelevant in the unfolding Greek drama. Instead, morality has been at its heart.
Japan has higher debt levels than Greece and yet it doesn't need international bailouts. Why?
Angela Merkel chose domestic politics over foreign policy, and the results could be disastrous.
Greek prime minister Alexis Tsipras’ negotiating tactics have lost Greece the trust of European members.
The bail-out package that Greeks rejected is essentially back. The chaotic process that led to it has lost Greece the trust of the eurozone.
As protestors gathered in Athens, professors were wining and dining nearby.
As professors, we must look up from our cosy academic debates and hear the cries around us.
Outgoing Greek Finance Minister Yanis Varoufakis said he would ‘wear the creditors’ loathing with pride’.
Ongoing negotiations between Greece and the troika are likely to prove futile - what's needed is a complete rethink of EU's dualistic system.
Phone a friend?
Angela Merkel is in a tight spot, and her usual tactics won't work.
A newly confident Greece could find a path to stability.
Greece could default and refuse to leave the eurozone - it all comes down to what the European Central Bank does next.
The Greek debt crisis could deliver RBA Governor Glenn Stevens a bolt from the blue.
China's slowing economy is a greater concern than the Greek crisis, but booming property prices mean the RBA should hold firm.
The deadline for Greece's latest payment has passed, so why is Syriza pushing ahead with a referendum?
Many Greeks want to see their country stay in the eurozone, but fear yet another round of crippling austerity measures.
Greece's membership of the eurozone has been problematic from the beginning.
Blaming Greece’s creditors for the ongoing drama would be badly incomplete.
Blaming the troika for the Greek defaut this week isn't the full story. The problem here is that the eurozone is not the main reason for the Greek crisis.
Some in Greece could soon be mourning the death of the Euro.
Conflating economic policy with morality is what could ultimately bring the EU unstuck.
Flags for sale in Athens.
Only one thing is certain in the titanic struggle over Greek debt and the future of the Euro.
A protest in San Juan against government cuts.
Puerto Rico's economic woes have led some analysts to compare it to Greece. Paradoxically, Puerto Rico's colonial status explains both its growth and the impending financial debacle.
The European Central Bank is set to buy up government bonds.
By allowing the European Central Bank (ECB) to start buying debt issued by its member states, the eurozone is copying a strategy now associated with the earlier return to growth in the US and UK. Quantitative…
Storm in a teacup?
The polls are pointing to an election victory for the Syriza party in Greece’s election on January 25. The radical left party’s popularity comes from its opposition to the austerity policies that have…