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Greece in a nutshell: What are its problems, and how can they be solved?

...say, in effect, "We can't take it any more."But they have a tiger by the tail: If they do not bailout the Greek government again, they may receive no repayment of their existing holdings of Greek debt. And foreign governments may lose...

http://chronicle.augusta.com/opinion/opinion-columns/2015-08-09/greece-nutshell-
Greek government concedes early elections likely, bank stocks smashed for second day

ATHENS, Greece - Greece's government conceded Tuesday that dissent within the ruling party was likely to force an early election, while bank shares plummeted again on the stock market, which reopened this week after a long closure.

http://chronicle.augusta.com/news/business/2015-08-04/greek-government-concedes-
No deal on Greek proposal as its bailout is about to expire; country set to default on IMF loans

...percent of GDP. The Greek side has long called for debt relief, saying its mountainous debt is unsustainable.A Greek government official said Tsipras had spoken earlier in the day with Juncker, European Central Bank chief Mario Draghi and European...

http://chronicle.augusta.com/news/business/2015-06-30/no-deal-greek-proposal-its
Greek leader leaves for crucial EU summit

...its ailing banking system is being kept afloat only through a weekly infusion of emergency funds from the ECB.The Greek government's radically different approach, essentially denying the need for austerity measures it calls "recessionary...

http://chronicle.augusta.com/news/business/2015-06-21/greek-leader-leaves-crucia
After big slide in Athens stock market, Greece prepares to present creditors fresh proposals

...of leading European shares end down 1 percent.A Greek government official indicated a deal with creditors may be nearer...eurozone's top official, said the onus was on the Greek government to come up with "sound" proposals.Greece's...

http://chronicle.augusta.com/news/business/2015-06-12/after-big-slide-athens-sto
Greek president meets with European creditors for national bailout deal

...bailout funds."For this final push, the Commission is of the view that the ball is clearly now in the court of the Greek government," Commission spokesman Margaritis Schinas said.With the onus firmly on Greece and options limited, Standard...

http://chronicle.augusta.com/news/business/2015-06-10/greece-meets-creditors-bai
Greek government asks for 3-year aid program, races to submit suitable reforms proposal

...fruitless negotiations with the Greek government, the skeptical European creditor...the euro.In the letter, the Greek government said it was aiming to be able...leaders, who have accused the Greek government, elected on promises to repeal...

http://chronicle.augusta.com/news/business/2015-07-08/greek-government-asks-3-ye
Global markets fall sharply after Greek 'no' vote

...glimmer of hope of easing negotiations between the Greek government and its creditors."The fact that Varoufakis has resigned hints that the Greek government may at least be offering an olive branch given his...

http://chronicle.augusta.com/latest-news/2015-07-06/global-markets-fall-sharply-
Greece continues with vote on austerity after creditors reject bid for quick deal

...after it holds a weekend referendum, even as the Greek government pressed ahead with plans to let the people decide...take place on Sunday, and the recommendation by the Greek government to vote 'No,' we see no grounds for further talks...

http://chronicle.augusta.com/news/business/2015-07-01/greece-continues-vote-aust
US stock indexes regain some ground as investors follow Greek debt saga

...Dijsselbloem, said there was no point in continuing the current program since the Greek government had rejected all of the creditors' proposals.The Greek government has called a referendum for Sunday, asking Greeks to vote on whether the nation...

http://chronicle.augusta.com/news/business/2015-06-30/us-stock-indexes-regain-so