European Union

  • May 15, 2012  

    Greece’s political turmoil intensified Tuesday amid calls for fresh elections. Ray Suarez gets the latest from reporter John Psaropoulos. He then turns to Fred Bergsten of the Peterson Institute for International Economics and Nicholas Burns of Harvard Kennedy School for more analysis on the economic impact worldwide. Continue reading

  • February 21, 2012  

    Struggling to avoid even worse damage from its debt crisis, Greece was granted another EU bailout Tuesday, a $172 billion package aimed at helping the country avoid default. Richard Edgar of Independent Television News reports on the eurozone finance ministers’ decision amid longer-term anxieties. Continue reading

  • February 21, 2012  

    Eurozone finance ministers on Tuesday granted Greece its second bailout, a $172 billion package aimed at helping the country avoid default. Jeffrey Brown discusses the longer-term concerns of austerity measures and growth with Georgetown University’s Scheherazade Rehman and Joao Vale de Almeida, the EU’s ambassador to the U.S. 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

  • February 9, 2012  

    European Union finance ministers said Thursday Greece would have to make even more austerity cuts to receive bailout money, even if there is a new government. Margaret Warner reports from Germany on how citizens of the continent’s richest country feel about the EU’s latest debt relief package for Greece. Continue reading