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GREECE

Japan Times
BUSINESS
Jul 15, 2015
IMF believes Greece needs debt relief far beyond EU plans
Greece will need far bigger debt relief than euro zone partners have been prepared to envisage so far due to the devastation of its economy and banks in the last two weeks, says a confidential study by the International Monetary Fund seen by reporters.
Japan Times
COMMENTARY / World
Jul 14, 2015
Want the euro? Be more like the Germans
The lesson of the Greek crisis is that if you want to use an essentially German currency, you have to be a little German.
Japan Times
BUSINESS / Economy
Jul 13, 2015
Greece surrenders much of its sovereignty to avoid euro exit
Eurozone leaders made Greece surrender much of its sovereignty to outside supervision Monday in return for agreeing to talks on an €86 billion bailout to keep the near-bankrupt country in the single currency.
Japan Times
COMMENTARY / World
Jul 13, 2015
Is a two-tiered Europe next?
The euro crisis is providing Europe with some tough Greek lessons.
BUSINESS / Markets
Jul 13, 2015
'Island of sanity' lures funds amid Greece, China woes
Van Biema Value Partners LLC, a New York-based fund of hedge funds with $600 million, is looking to increase allocations to Japan because it is a haven from the Greek crisis and China's share-market rout.
Japan Times
WORLD
Jul 12, 2015
Eurozone members strive to keep Greece in fold
Eurozone leaders will fight to the finish to keep near-bankrupt Greece in the eurozone Sunday after the European Union's chairman canceled a planned summit of all 28 EU leaders that would have been needed in case of a "Grexit."
BUSINESS / ANALYSIS
Jul 10, 2015
Orderly 'Grexit' poses a puzzle for lawyers
A "Grexit" on Sunday? Not so fast, say the lawyers.
EDITORIALS
Jul 9, 2015
Greece nears the time of reckoning
Prime Minister Alexis Tsipras is running out of time before the rubber meets the road and he decides whether Greece will leave the European Union.
Japan Times
COMMENTARY / World
Jul 9, 2015
Greeks, Germans and these so-called deadlines
Some of what has gone wrong with the tedious bailout talks between Greece and its northern European creditors can probably be attributed to cultural differences.
Japan Times
BUSINESS
Jul 8, 2015
Eurozone ultimatum: Greece has until Sunday to come up with debt deal
Eurozone members have given Greece until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe's currency bloc and into economic ruin.
Japan Times
COMMENTARY / World
Jul 7, 2015
What now for Greece, euro?
Most Greeks know the current approach isn't working, that's why they voted against a third bailout.
COMMENTARY / World
Jul 7, 2015
Why the euro experiment is destined to fail
The euro is destined to fail because it imposes a common monetary policy on economies that requires different ones.
Japan Times
COMMENTARY / World
Jul 7, 2015
Greeks stand up to 'lemon socialism'
The latest restructuring attempt has been emphatically rejected by the Greek people as little more than a bailout for European creditors.
COMMENTARY / World
Jul 7, 2015
The Greeks have voted, now kick them out
Now that Greece has voted overwhelmingly against a compromise that would have allowed Europe to continue financing it, it must be forced out of the eurozone and perhaps the EU.
Japan Times
BUSINESS / Markets
Jul 6, 2015
Tokyo watching Greek developments closely to guard against market volatility
Japanese policymakers on Monday pledged to work closely to guard against financial market volatility after Greek voters rejected eurozone austerity measures.
Japan Times
BUSINESS / Economy
Jul 6, 2015
Despite uncertain future, Greek referendum voters resoundingly reject bailout terms
Having squarely rejected the terms of new financial aid for their cash-strapped country, Greece wakes up to an uncertain future on Monday.
Japan Times
BUSINESS / Economy
Jul 4, 2015
Greeks deeply divided heading into crucial vote
Tens of thousands of Greeks took to the streets on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the country's future in Europe's single currency.
Japan Times
BUSINESS / Economy / ANALYSIS
Jul 4, 2015
Does Greek vote befit the birthplace of democracy?
When Prime Minister Alexis Tsipras dropped the bombshell of a popular plebiscite on the tough demands of creditors keeping Greece afloat, he cited the country's pedigree as the "birthplace of democracy."
Japan Times
BUSINESS / ANALYSIS
Jul 3, 2015
Referendum won't end Greek drama
Germany and the rest of the euro region are bracing for more Greek political upheaval followed by tortuous negotiations, even if the country votes for more austerity in Sunday's referendum.
COMMENTARY / World
Jul 2, 2015
The real reason Tsipras wants a referendum
Prime Minister Alexis Tsipras' five-month game of high-risk brinksmanship with creditors has backfired and now he needs a way to save face.

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Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan