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Wednesday, Oct 20, 1999 4:00 PM UTC1999-10-20T16:00:00Zl, M j, Y g:i A T

Once upon a time in Greece

A tale of ruins and revelers and Aegean nights -- and the way things fit together in time and space.

Once upon a time in Greece

The unseasonal heat in the San Francisco area the past few weeks has reminded me of when I lived outside Athens, when I would wake up and my whole body would feel sluggish, drained, hung over from the heat of the night, a heat that draped over me like a toga.

I’m sitting here in the bone-warming sun in Berkeley, surrounded by students, as I was so often at the school where I was teaching in Greece, and that whole long-ago year is rushing back to me — all the wonder and mystery and discovery of my days there, fresh out of college, half of my lifetime ago.

Ah, Greece. I had boarded the Orient-Express — the real Orient-Express, not the tarted-up private version that now runs under that name — after a post-graduation summer in Paris, and chugged through increasingly unfamiliar landscapes until suddenly I awoke to the dry rocks and dirt and dusty green trees of Greece. It had seemed forbidding at first, worlds removed from the blue mountains, lush hills and flower-bright fields of Northern Europe. Yet what wonders that world held — and still holds — in my mind.

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Don George is the editor of Salon Travel.  More Don George

Thursday, Nov 10, 2011 1:10 PM UTC2011-11-10T13:10:00Zl, M j, Y g:i A T

Ex-banker Papademos is new Greek prime minister

Leader charged with keeping the debt-strapped country out of bankruptcy, in the eurozone

Greece Financial Crisis

Outgoing Greek Prime Minister George Papandreou, center, is accompanied by his advisors and security detail as he arrives at the presidential palace for a meeting between political parties led by Greek President Karolos Papoulias in Athens, Thursday. (Credit: AP/Petros Giannakouris)

ATHENS, Greece (AP) — Senior banker Lucas Papademos was named Thursday as the prime minister of the new Greek interim government, charged with keeping the debt-strapped country out of bankruptcy and firmly in the 17-nation eurozone.

After four days of intense political negotiations, the 64-year-old former vice president of the European Central Bank was chosen to lead a coalition backed by both the governing Socialists and opposition conservatives that will operate until early elections in February.

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Wednesday, Nov 9, 2011 3:55 PM UTC2011-11-09T15:55:00Zl, M j, Y g:i A T

What if Greece drops the euro

Once presumed unthinkable, the possibility is increasingly likely. Here's why analysts are predicting panic

burning euro

 (Credit: Losevsky Pavel via Shutterstock)

This article originally appeared on GlobalPost.

LONDON — In the long saga of the euro zone crisis, Greece may be approaching a tipping point. Governments and businesses are starting to make plans for how to manage the country’s possible departure from the euro.

Global PostUntil recently, European politicians didn’t publicly acknowledge that any nation might abandon the currency. But late last week, Luxembourg’s Prime Minister Jean-Claude Juncker said, “We would like Greece to remain a member, but we’re not saying Greece has to stay a member at all costs.”

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  More Michael Goldfarb

Tuesday, Nov 1, 2011 5:27 PM UTC2011-11-01T17:27:00Zl, M j, Y g:i A T

Should Greece reject the bailout?

The referendum lets citizens decide their country's fate. If only we'd been able to vote on bailing out Wall Street

Left: Greek Prime Minister George Papandreou; Right: Tim Geithner

Left: Greek Prime Minister George Papandreou; Right: Tim Geithner  (Credit: AP)

This originally appeared on Robert Reich's blog

Which do you trust more: democracy or financial markets?

Greek Prime Minister George Papandreou decided in favor of democracy Monday when he announced a national referendum on the draconian budget cuts Europe and the IMF are demanding from Greece in return for bailing it out.

(Or, more accurately, the cuts Europe and the IMF are demanding for bailing out big European banks that have lent Greece lots of money and stand to lose big if Greece defaults on those loans – not to mention Wall Street banks that will also suffer because of their intertwined financial connections with European banks.)

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Robert Reich, a professor of public policy at the University of California at Berkeley, was secretary of labor during the Clinton administration. He is also a blogger and the author of "Aftershock: The Next Economy and America's Future."  More Robert Reich

Tuesday, Nov 1, 2011 2:28 PM UTC2011-11-01T14:28:00Zl, M j, Y g:i A T

Greece’s surprise bailout referendum

The prime minister's announcement has the opposition calling to dissolve the government as European stocks slide

Greek Prime Minister George Papandreou

Greek Prime Minister George Papandreou  (Credit: AP)

This article originally appeared on GlobalPost.

Greek Prime Minister George Papandreou announced a referendum on the bailout deal agreed last week, surprising his people but confounding his European partners. The move sent European stock indexes sharply lower. Both the Paris and Frankfurt bourses had lost more than 5 percent by midday.

Global PostPapandreou, addressing the Greek Parliament, said, “Let each Greek person decide; with a ballot paper in his hand, let each person decide for his country and for himself.”

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  More Michael Goldfarb

Monday, Sep 12, 2011 10:02 PM UTC2011-09-12T22:02:00Zl, M j, Y g:i A T

End of the line for Greece?

Europe doesn't want to play the bailout game anymore. That decision may be regretted, later

End of the line for Greece?

Is Greece approaching the end of the line? Judging by a lengthy and detailed article in Spiegel, “Germany Plans for Possible Greece Default,” getting passed around Monday by econobloggers like a eurozone-destroying hot potato, the answer is yes. Germany’s patience — never much to begin with — has run out. There is no way that Greece will be able to keep to the terms of its ongoing bailout, and the support spigot appears finally about to run dry. So one way or another, the country will default. The only question is whether it does so as a member of the eurozone, or as a refugee.

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Andrew Leonard

Andrew Leonard is a staff writer at Salon. On Twitter, @koxinga21.  More Andrew Leonard

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