European Union

  • Greece's Finance Minister Varoufakis gives a news conference after an extraordinary euro zone finance ministers meeting in Brussels
    February 20, 2015  

    Greece received a four-month bailout aid extension deal, easing some worries about the global economy after tense negotiations over austerity measures and giving the Greek economy some temporary breathing room. Judy Woodruff speaks with David Wessel of the Brookings Institution about the terms of the agreement and which side has more leverage. Continue reading

  • greekmoney
    February 17, 2015  

    The European Union has demanded that Greece agree to an extension bailout program by Friday or risk losing assistance altogether. The Greek finance minister called the plan absurd, but did not rule out a deal. Without an agreement, the current bailout will expire at the end of the month. Gwen Ifill reports. Continue reading

  • greekcrisis
    February 17, 2015  

    As bailout talks continue between Greece and other EU members without clear progress, the new Greek government’s election promises seem at odds with economic reality. Gwen Ifill talks to Jacob Kirkegaard of the Peterson Institute for International Economics and journalist John Psaropoulos about the potential for a rude awakening for Greece and its new leaders. Continue reading

  • newswrapimage
    January 30, 2015  

    In our news wrap Friday, the government reported that GDP growth slowed significantly in the last part of 2014, but wages and benefits rose at the best pace in six years. Also, former Gov. Mitt Romney announced he will not run for president again in 2016. Continue reading

  • A man looks at a billboard with voting information for the upcoming parliamentary elections in Athens
    January 23, 2015  

    Greek voters, facing high unemployment and an unstable economy, are heading to the polls to select a new president. But the results could have an impact that goes beyond Greece. The leader of the favored leftist party wants to renegotiate Greece’s bailout deals — a nonstarter according to European leaders. Hari Sreenivasan reports on what Greeks hope to see from the critical election. Continue reading

  • When you think about the developed world, says Larry Kotlikoff, don't assume Germany is the most fiscally responsible. Photo by Flickr user josemanuelerre.
    January 15, 2015   BY  

    Countries like Germany have gotten away with lecturing others about their fiscal prudence. But maybe the Germans should take a look around them, argues economist Larry Kotlikoff, to see which European Union country is doing it better. Continue reading

  • Screen shot 2014-09-28 at 2.07.08 PM
    September 28, 2014   BY  

    Hundreds turned out for the first gay pride march held in four years in Belgrade, Serbia, on Sunday. The event was meant to be a show of tolerance for Serbia, a historically conservative nation, as it continues to seek admittance into the European Union. Continue reading

  • newswrapimage
    September 16, 2014  

    In our news wrap Tuesday, a car bomb exploded near the U.S. embassy in Kabul, wounding nearly 20 soldiers and civilians and killing three NATO troops, including reportedly two Americans. Also, U.S. airstrikes hit Islamic State targets outside Baghdad as part of its expanded campaign. Continue reading

  • newswrap
    September 10, 2014  

    In our news wrap Wednesday, the Russian Navy test-launched a new intercontinental ballistic missile that can hold 10 nuclear warheads. Meanwhile, Ukrainian president Petro Poroshenko told his cabinet that the majority of Russian forces have left eastern Ukraine. Also, monsoon floodwaters have engulfed towns in the Kashmir region of the northern Himalayas. Continue reading

  • newswrap_somalia
    September 2, 2014  

    In our news wrap Tuesday, the Pentagon confirmed that a U.S. airstrike in Somalia overnight targeted the leader of the al-Qaida-linked group al-Shabab. It was unclear whether Ahmed Abdi Godane — the alleged mastermind behind the raid of a Kenyan shopping mall that killed 67 people last year — was killed in the attack. Meanwhile, Pakistan’s parliament rallied behind the country’s embattled prime minister. Continue reading