Greece

  • July 1, 2015  

    The scene in Greece has become one of desperation and chaos after the country defaulted on its bailout debt, and European creditors rebuffed a late request by Prime Minister Alexis Tsipras. Special correspondent Malcolm Brabant reports from Athens on how tensions are flaring over tight limits on banking and pensions, and the upcoming referendum on Greece’s fate and Tsipras’ political future. Continue reading

  • June 30, 2015  

    An 11th-hour attempt by Greek Prime Minister Alexis Tsipras to extend its debt bailout failed to stop the country from becoming the first developed nation to miss a payment to the IMF. In Athens, thousands rallied outside Parliament, urging a yes vote in the upcoming national referendum on working out a deal and staying in the Eurozone. Special correspondent Malcolm Brabant reports. Continue reading

  • June 29, 2015  

    The Greek government closed all banks and made ready to default on a major debt payment after bailout talks with international creditors collapsed over the weekend. Greeks lined up at ATMS and rushed to gas stations, but were met with limits to prevent a full-on run on the banks. Special correspondent Malcolm Brabant reports from Athens. Continue reading

  • June 29, 2015  

    Greece is facing great uncertainty on the eve of a debt default and ahead of a national referendum next Sunday. Judy Woodruff talks to Greg Ip of The Wall Street Journal about the potential consequences for Greece and the Eurozone, plus a look at Puerto Rico’s financial troubles. Continue reading

  • June 28, 2015  

    The strongest signs yet of a possible economic collapse came out of Greece Sunday as the government announced banks and the stock market will be closed Monday, and capital controls will be in place to limit massive money withdrawals. For more on the situation, Elena Becatoros of the Associated Press joins Hari Sreenivasan via Skype from Athens. Continue reading

  • June 27, 2015   BY  

    More than one in three ATMs in Greece ran out of cash at some point Saturday as banks struggled to provide enough euro banknotes to keep the machines running while Greeks scrambled to withdraw money. Continue reading

  • June 23, 2015  

    As Greece grapples to reach a deal with international creditors to avoid bankruptcy, the country is also being hit hard with a surge of arriving migrants – straining scant resources even further. Special correspondent Malcolm Brabant reports from the island of Lesbos, which is on the front lines of Greece’s migrant crisis. Continue reading

  • June 22, 2015  

    As Greece awaits an emergency economic deal to stave off bankruptcy — which could come later this week — some are urging the government not to give in to demands of the country’s international creditors. Special correspondent Malcolm Brabant reports from Athens. Continue reading

  • June 19, 2015  

    In Friday’s news, the EPA imposes new carbon restrictions on trucks and other heavy vehicles. Also, Greece attempts to come to loan agreement as deadline looms, and the Congressional Budget Office estimates that repealing the Affordable Care Act will leave more than 24 million people without health insurance. Continue reading

  • June 18, 2015  

    In Thursday’s news wrap, after weeks of deadlock, a bill granting Obama “fast-track” negotiating authority passed the House. Also, leaders of the Eurozone have called an emergency summit for Monday to discuss the deadlock with Greece. Continue reading