debt crisis

  • April 27, 2012  

    Even as British Prime Minister David Cameron defended the notion of austerity, governments across Europe were toppling or falling back into recession. Ray Suarez and George Washington University’s Scheherazade Rehman discuss problems and potential solutions, both in the U.S. and overseas. Continue reading

  • April 20, 2012  

    As questions grow about the stability of the worldwide economy now that there are more troubling signs in Europe and mixed reports in the United States, the International Monetary Fund announced the 20 leading industrial and emerging nations have pledged $430 billion to help deal with Europe’s problems. Judy Woodruff reports. Continue reading

  • March 9, 2012  

    In other news Friday, Greece’s government said nearly 84 percent of its private-sector creditors agreed to accept new Greek bonds worth less than half the old ones, making it the biggest debt writedown in history. In Syria, activists reported that at least 54 people were killed in nationwide violence. Continue reading

  • February 14, 2012  

    In other news Tuesday, eurozone finance ministers canceled a meeting set for Wednesday on approving a $170 billion bailout for Greece. The group plans to meet Monday after discussing how Greece will achieve promised savings. Also, in Syria, the army of President Bashar al-Assad intensified its artillery barrage on Homs. Continue reading

  • February 13, 2012  

    After a vote on austerity measures by the Greek Parliament on Sunday inched the country closer to a second bailout, violent protests erupted once again in the streets of Athens. James Mates of Independent Television News reports on lingering obstacles to a resolution of the E.U. debt crisis. Continue reading

  • February 13, 2012  

    Protests flooded Athens over the weekend, escalating Monday in the wake of the Greek Parliament’s approval of a new wave of austerity measures. Jeffrey Brown talks with Greece’s ambassador to the United States, Vassilis Kaskarelis, about the protests, the bailout negotiations and the potential impact of the austerity plan. Continue reading

  • February 10, 2012  

    As Greece signed off on a new round of austerity measures in exchange for another bailout, European finance ministers said the cuts may not be enough. James Mates of Independent Television News reports on the start of a two-day strike over the cuts. Continue reading

  • February 10, 2012  

    Languishing amid the eurozone crisis, all of Italy is hurting and under pressure from international creditors to bring down its massive national debt. Margaret Warner reports from Milan on an economy so big that a default could bring about the collapse of the entire euro system. Continue reading

  • February 9, 2012  

    After weeks of negotiations, Greece’s political leaders wrapped up a controversial agreement Thursday on yet another round of austerity measures. Though the deal received some praise, Germany said it fell short while workers in Greece took to the streets to protest more spending cuts. Jeffrey Brown reports. Continue reading

  • February 9, 2012  

    Greek political leaders reached a much-anticipated agreement Thursday on yet another round of austerity cuts. Jeffrey Brown and John Psaropolous of the blog The New Athenian discuss implications for Greeks, the country’s economy and its relationship with the continent. Continue reading

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