• 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

  • 20150205_newswrap
    February 5, 2015  

    In our news wrap Thursday, the new leftist government in Greece said it would not be “blackmailed” into giving up its stance on reversing austerity measures after the European Central Bank imposed new restrictions on lending to Greek banks. Also, a U.N. agency reported that Islamic State militants are systematically torturing and killing children of minority groups in Iraq. 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

  • Critical Election greece monitor
    January 23, 2015  

    The results of upcoming elections in Greece could be critical to all of Europe, potentially setting up a showdown between a leftist Greek government and the German-led E.U. Hari Sreenivasan speaks with former U.S. Ambassador Nicholas Burns about the state of the Greek economy and the potential ramifications for both sides of the Atlantic. Continue reading

  • The Word Euro On A Euro Coin.
    January 5, 2015  

    One reason for the euro’s drop in value is the anticipation that the European Central Bank is going to enact some stimulus effort, along the lines of the U.S. Federal Reserve’s quantitative easing. Jeffrey Brown learns more from Jacob Kirkegaard of the Peterson Institute for International Economics and Kenneth Rogoff of Harvard University. Continue reading

  • GREEK TURMOIL greek parliament monitor
    December 29, 2014  

    Greek Prime Minister Antonis Samaras called snap elections after parliament was unable to agree on a new president. Alexis Tsipras, leader of the far-left Syrzia party and an opponent of austerity, emerged as a leading candidate. But many fear that rejecting those policies could shake the European economy. Paul Mason of Independent Television News reports. Continue reading

  • May 31, 2013  

    In other news Friday, flash flooding and tornadoes killed three people in Arkansas overnight. Up to a dozen tornadoes touched down in Arkansas alone, as well as one in Illinois and three in Oklahoma. Also, firefighters worked to contain wildfires near Santa Fe, N.M., and in the Angeles National Forest in California. Continue reading

  • December 27, 2012  

    By the end of 2013, economists estimate Greece’s recession will reach levels worse than the Great Depression in the U.S. With huge budget cuts, Greeks have been left with a small safety net even as they struggle to access basic needs. Jeffrey Brown reports how austerity measures have torn apart the social fabric of Greece. Continue reading

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