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Greece's Bailout Brinkmanship
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Michas points out that the first bailout loan was made to the Papandreou Greek government without getting the opposition to agree on the terms of the loan. This has led to the opposition parties using the austerity cuts to win public support and undermine the government, making it even harder to carry through the changes and spending cuts.
George Papandreou's leadership during the Greece crisis- 2010-2011
06/15/2010
Papandreou has provided leadership on the issues facing Greece by walking the talk, with straight talk about the action needed, consulting economic experts in America who are in his inner circle, and working with European leaders for solutions. He has kept his profile modest and set a role model for his ministers and public officials.
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Greece Approves Tough Measures on Economy
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Athens Lawmakers Pass Austerity Legislation
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Actions taken by EU leaders in 2011-2012 to resolve the debt crisis in member countries.
02/26/2011
Actions taken for Ireland, Greece, Portugal and other countries facing debt problems.
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The European Union plans for aid to Greece.
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Resistance in Germany to bailing out Greece.
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Germany Clears Rescue for Greece
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Athens's Love Affair With the Euro Persists
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