Now that Greek voters have voted "no" in the referendum, the government is engaged in a last-ditch effort to reach agreement with its creditors on policies and financing; if an agreement is not ...

Albert Einstein famously observed that a sure sign of insanity was the endless repetition of the same experiment in the hope of obtaining a different result. Yet that appears to be exactly what the ...

For years, the idea of Greece dumping the euro as it tried to shock its flat-lining economy back to life has been cast as an unthinkable doomsday scenario. But Sunday's lopsided vote by Greeks to ...

Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. Throughout the past hundred and fifty years or so, especially in U.S. politics ...

An update on the Greek financial crisis, an unconventional lending strategy, and what to expect in quarterly earnings. The Greek downfall is still in full swing as the voters are voicing their ...

On Saturday, a Bloomberg reporter's credit-card records listed a transaction at the Hilton Athens in "Drachma EQ" instead of in euros, which is still Greece's currency. Bloomberg reported Thursday ...

A Greek default looks increasingly likely. That seems to be the theme of the day as markets and commentators insist that the debt situation over in Europe is unsustainable . Among those calling for a ...

Austerity measures imposed by international lenders in exchange for billions in bailout loans have cut deeply into Greek pockets. If Greece defaults on its massive sovereign debt, it may be forced to ...

Greece's national referendum on July 5 will decide whether Greeks accept or reject the bailout proposal offered by the country's creditors. Having recently missed its June 30 payment of $1.7 billion ...