“Greece” on The Daily Caller

Would a “Grexit” — a Greek exit from the euro — benefit all parties involved? There is much discussion over this, and just as much disagreement. But, perhaps the fact that it’s being discussed openly now is a sign of things to come. Just a few weeks ago, any mention of Greece possibly leaving the euro was met with utter denial. (more)

BRUSSELS—European officials are stepping up contingency planning for a possible Greek exit from the euro zone, even as Europe’s leaders struggled to overcome differences on how to resolve the currency bloc’s crisis at a summit meeting here. (more)

Later this week, NATO allies will gather in Chicago. While President Barack Obama and our European partners will discuss Afghanistan, smart defense, and the alliance’s ability to confront 21st-century security challenges, the summit agenda is marred by a glaring omission: consideration of the Republic of Macedonia’s overdue membership invitation. (more)

The European Commission and European Central Bank are making contingency plans for a possible Greek exit from the euro, an EU commissioner says. (more)

Greece’s economic and political unraveling could not be coming at a worse moment for President Obama. The crisis has the potential to send shock waves not simply through Europe but also through global financial markets on the very eve of the U.S. presidential election. Those shock waves could stop in its tracks the modest healing in the U.S. labor market that President Obama is hailing as one of his administration’s major achievements. (more)

Germany announced May 9 that it will delay passage of legislation on the European Union bailout fund until after the French parliamentary elections next month, the Dow Jones Newswire reports. (more)

BRUSSELS — Leading European Union finance officials promised to stand by Greece as a member of the eurozone provided it sticks to its bailout terms and stays the course of its painful austerity program to prevent even worse economic hardship. (more)

It has become a cliché to say that Europe, which is locked in a futile battle with the reality that its social welfare states are unsustainable, is a “cautionary tale” for the United States. Unlike most clichés, this is one that should be repeated as often as possible. (more)

A rising tide of political uncertainty in Europe pushed U.S. stocks sharply lower Tuesday. (more)

Anyone who takes time to do a little digging can’t help but come to the conclusion that any hope of saving Greece’s economy is dead. However, from a political perspective, there is a great deal of effort being expended to cloud the verity of this no-win situation. (more)

Greek newscaster Panagiotis Vourhas got a free taste of yogurt and eggs Friday evening after activists enraged by his interview with a neo-Nazi bombarded him with dairy products on the air. (more)

2001 was a year of turmoil: America was attacked on Sept. 11, ushering the U.S. into the War on Terror. Meanwhile, Goldman Sachs lent Greece 2.8 billion euros in a secret, yet legal transaction to disguise the country’s ill financial fitness in order to enter the Eurozone. (more)

Jim O’Neill Chairman of Goldman Sachs Asset Management is on CNBC talking about Goldman’s monster report and the global economy right now. (more)

Interest on the federal debt is expected to rival defense spending by 2017, totaling nearly $566 billion annually. (more)

BRUSSELS (AP) — The bailout has saved Europe, for now, but it’s unlikely to save Greece. (more)