Greece

  • 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 20, 2012  

    In other news Monday, Eurozone finance ministers decided at a meeting in Brussels that Greece must implement more austerity measures before they approve a $171 billion bailout package to avoid defaulting on its debts. Also, U.N. inspectors began a two-day visit to Iran to press for information on Tehran’s nuclear program. Continue reading

  • February 17, 2012  

    In other news Friday, Congress voted to extend a payroll tax cut for 160 million Americans two weeks before the cuts were due to expire. Also, a 29-year-old Moroccan man was arrested after allegedly planning to detonate a suicide bomb near the U.S. Capitol building. Continue reading

  • February 16, 2012  

    In other news Thursday, top U.S. officials offered new assessments of Iran’s nuclear program, a day after the country claimed major new achievements in producing its own nuclear fuel. Also, claims and counter-claims were plentiful over possible peace talks involving the United States, the Afghan government and the Taliban. Continue reading

  • February 15, 2012  

    In other news Wednesday, congressional negotiators worked to sort out details on extending the payroll tax cut through the end of this year. The $100 billion cost will be added to the national debt. A final vote could come Friday. Also, Iran made claims of sweeping progress in its efforts to produce nuclear fuel. 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