![Into the unknown](/pf/resources/images/placeholders/placeholder_l.png?d=780)
Into the unknown
Greece has given Europe a mighty political shock but also placed its own future on the line after voters rejected terms for bailing out its crippled economy.
Greece has given Europe a mighty political shock but also placed its own future on the line after voters rejected terms for bailing out its crippled economy.
Members of Auckland's Greek community have expressed relief at the referendum's outcome.
Fearful, angry, divided. This is Greece as citizens voted in a referendum that could define the country for generations to come.
Today's referendum result in Greece is set to dominate market trading this week, although economists predict that it will not lead to huge impacts locally.
Members of Auckland's Greek community gathered today to talk passionately about the state of the Greek economy and how that affects their families back home.
New Zealand’s Finance Minister is “not particularly concerned” about whether Greece’s financial crisis will roll on to New Zealand.
Greece has stockpiled enough reserves of fuel and pharmaceutical supplies to withstand a long siege, and has set aside emergency funding to cover all the country's vitally needed food imports.
Because Greece doesn't have its own currency, it couldn't increase its competitiveness and boost growth through devaluation.
The June quarter ended on an extremely disappointing note, mainly because of the Greek financial crisis.
Piled high with rubbish congealing in the summer heat, municipal dustbin R21 on Athens' Sofokleous St does not look or smell like a treasure trove.
Her critics call her the villain of the Greek drama, a taskmaster forcing a bankrupt nation to its knees.
The Greek Government is playing a dangerous game of chicken with the European creditors they owe a lot of money to.
Flight Centre says it has been contacted by Kiwis customers worried about access to cash while holidaying in Greece.
Mark Lister on the Greece financial crisis and putting it all in perspective.
Prime Minister John Key says the Greek situation underlined his view that the biggest risk to New Zealand's economic growth came from overseas markets.
While Tsipras' decision to hold a ballot increased the risk of Greece exiting the euro, evidence of contagion elsewhere was limited.
It's a tricky enough situation already, buried under financial jargon with regular breaking developments. And now it's even more confusing.
Currency traders will be on tenterhooks this week as the Greek sovereign debt crisis goes from bad to worse, with more downward pressure likely to come on the Kiwi dollar.
The message for anyone trying the cashpoint at the National Bank of Greece in central Athens was curt and to the point.
It is crunch time for Greece. Again. Yes, you've heard that before, probably many times since the country's debt crisis first blew up around 2009.
Greek Prime Minister Alexis Tsipras says he will call a referendum on the outcome of the negotiations with international creditors.
Eurozone leaders hope to finally seal a bailout deal this week to save Greece from default and a possible exit from the euro, but Germany has warned more hard work is needed.
European leaders will meet tomorrow to see if they should give Greece more credit to stave off bankruptcy or cast it into the wilderness.
Pacific Investment Management Co Chief Executive Officer Douglas Hodge says investors have had three years to prepare.
Greece lurched closer to an exit from the euro as a meeting of finance officials to reach a deal over aid dissolved in acrimony, forcing leaders to call for an emergency summit for Tuesday.
Greek Prime Minister Alexis Tsipras escalated his defiance towards the country's official creditors, with a pointed attack on the International Monetary Fund.
Greece was on the brink of economic meltdown as Germany looked poised to push the country out of the eurozone.
Greece faces a week of urgent diplomacy to free up bailout aid and avert a potential default as world leaders press for a final resolution to the standoff.
Of the many wonders to behold in Greece, Matt Derr has found a gem: local wine at $3 a glass.