Greece http://nhpr.org en Greek Bailout Fuels Rise Of Extreme Politics http://nhpr.org/post/greek-bailout-fuels-rise-extreme-politics With Greece entering its fifth year of recession and dealing with harsh austerity measures imposed as part of a eurozone bailout deal to save it from default, its society is in upheaval. Opinion polls suggest the old political system is collapsing, and extremist parties are gaining popularity ahead of spring elections.<p>At a recent protest in Athens, a large bronze bell tolled as thousands of policemen in full uniform marched solemnly through the streets. Mon, 19 Mar 2012 08:29:00 +0000 Sylvia Poggioli 2590 at http://nhpr.org Greek Bailout Fuels Rise Of Extreme Politics With Cutbacks, Greeks Say Antiquities Are At Risk http://nhpr.org/post/cutbacks-greeks-say-antiquities-are-risk At the Museum of the Olympic Games in Olympia, Greece, lush pine trees and olive groves are filled with chirping birds. The one guard at the site looks nervously at the few visitors.<p>There is still a sense of shock in Olympia following the theft last month at the museum, when armed robbers broke into the building and tied up the single guard on duty.<p>Archaeologist Kostantinos Antonopoulos says they ran off with 77 priceless objects, including votive figurines, chariots and horses.<p>"But the most precious and valuable exhibit that they took was a golden ring of the Mycenaean times. Thu, 08 Mar 2012 20:13:00 +0000 Sylvia Poggioli 2404 at http://nhpr.org With Cutbacks, Greeks Say Antiquities Are At Risk Uncertainty Looms As Greek Debt Deadline Nears http://nhpr.org/post/uncertainty-looms-greek-debt-deadline-nears Stock prices rebounded somewhat Wednesday, one day after their biggest sell-off of the year. What caused prices to plunge Tuesday was an all-too-familiar problem: the Greek debt crisis.<p>European officials have cobbled together a deal to keep Greece from defaulting, and investors all over the world who hold Greek bonds are weighing their options. They're worried about what could happen if they reject the deal.<p>"There's an offer on the table, and the bondholders have been given a deadline," says Richard Portes, professor of economics at the London Business School. Wed, 07 Mar 2012 22:37:00 +0000 Jim Zarroli 2376 at http://nhpr.org Uncertainty Looms As Greek Debt Deadline Nears Bailout Talks Reopen Wounds In One Greek Village http://nhpr.org/post/bailout-talks-reopen-wounds-one-greek-village Europe is still a continent that looks over its shoulder at a long and sometimes dark past. That extends even to the protracted Greek bailout negotiations, where Germany's dominant role has scratched at some historical wounds.<p>Germany occupied Greece during World War II, committing atrocities that some older Greeks can't forget. This history defines the pretty village of Distomo in central Greece, where Nazi soldiers killed 218 men, women and children in June 1944.<p>Panagiotis Sfountouris, 74, says he'll never forget that day. Tue, 21 Feb 2012 09:00:00 +0000 Joanna Kakissis 2020 at http://nhpr.org Bailout Talks Reopen Wounds In One Greek Village Europe Wants Assurances For Latest Greek Bailout http://nhpr.org/post/europe-wants-assurances-latest-greek-bailout The European Union says Greece has made some progress, but not enough, to merit the new bailout it desperately needs to avoid default and keep the euro as its currency.<p>Greeks are increasingly bitter about the austerity measures the EU is imposing on them. Wed, 15 Feb 2012 22:55:00 +0000 Eric Westervelt 1959 at http://nhpr.org Europe Wants Assurances For Latest Greek Bailout No, Hedge Funds Can't Foreclose On The Acropolis http://nhpr.org/post/no-hedge-funds-cant-foreclose-acropolis Greece is broke. But there's no blueprint for a country to declare bankruptcy, so Greece's creditors are sort of making things up as they go along.<p>"You're taking some sort of loss," Hans Humes of Greylock Capital Management told me. "But it's like, how much of a loss do you take? There's this thing called sovereign immunity. You can't go in and take the Acropolis."<p>Greylock Capital Management is a hedge fund company that holds Greek bonds. So Humes is sitting across the table from Greece. Thu, 26 Jan 2012 14:50:17 +0000 1567 at http://nhpr.org No, Hedge Funds Can't Foreclose On The Acropolis