Greece

  • May 8, 2012  

    In other news Tuesday, a bill to continue low interest rates on federal student loans stalled in the Senate. Republicans blocked a plan by Democrats who wanted to cover the cost by raising taxes on wealthy stockholders in privately owned companies. Also, political leaders in Israel formed a new coalition government. Continue reading

  • May 7, 2012  

    In a firm rebuke to France’s Nicolas Sarkozy and the fiscal austerity measures he advocated, a beaming Francois Hollande — the country’s Socialist Party president-elect — promised a “new direction” for his nation and Europe. Jeffrey Brown reports. Continue reading

  • May 7, 2012  

    French voters on Sunday elected Socialist candidate Francois Hollande to the presidency — rebuking sitting leader Nicholas Sarkozy and austerity measures. Jeffrey Brown, The New York Times’ Elaine Sciolino, Georgetown University’s Charles Kupchan and The Globalist’s Stephan Richter discuss the prospects of major policy shifts. Continue reading

  • April 27, 2012  

    Romania’s government fell in a no-confidence vote Friday while the Czech Republic’s government moved to the brink of collapse before surviving a no-confidence vote. The Dutch government collapsed Monday and Spain — Europe’s fourth-largest economy — fell back into recession. Ray Suarez reports on renewed worries across Europe. Continue reading

  • 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 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 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 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