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Riots Erupt Over Greece's Latest Round of Austerity Measures
Oct. 19, 2011
A 100,000-strong protest erupted into rioting that lasted for hours Wednesday in Athens, Greece. Martin Geissler of Independent Television News reports on the trouble that broke out during a general strike over more austerity measures.
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Europe Faces 'Terra Nova' in Efforts to Avoid Financial Crisis
Sept. 29, 2011
The German government won a critical vote to greatly increase financial support for a European bailout fund, which could ease the way to a partial default in Greece. Jeffrey Brown discusses the German vote and the worldwide worries over European debt with The Globalist's Stefan Richter and The New York Times' Nicholas Kulish.
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German Lawmakers Approve Boost for European Rescue Fund
Sept. 29, 2011
The German government won a critical vote to expand a European bailout fund, which greatly increased the country's financial support for Greece and other neighboring nations that are struggling with debt. Independent Television News' Faisal Islam reports on the move that could ease the way for a partial default in Greece.
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Amid New Strikes in Greece, 'a Constant Tension in the Air'
Sept. 26, 2011
The Greek Parliament is set to vote Tuesday on a key part of a new austerity package that would include a new property tax paid through electricity bills. Jeffrey Brown discusses efforts to keep the nation from defaulting with freelance reporter John Psaropoulos in Athens.
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Global Markets Rally as Hope Emerges for Greek Bailout
Sept. 26, 2011
Global markets rallied on Monday on hopes that European leaders would take steps to rescue Greece from default. Ray Suarez reports.
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Europe Struggles to Craft Debt Solution, Amid Prodding From U.S.
Sept. 16, 2011
In Wroclaw, Poland on Friday, European Union economic leaders gathered to discuss the economic crisis facing Europe. Jeffrey Brown discusses what's next for the eurozone with The Economist Magazine's Zanny Minton Beddoes.
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Europe's Banks Face Escalating Credit Crunch
Sept. 16, 2011
European Union economic leaders gathered in Poland Friday to discuss the fiscal crisis facing Europe and whether Greece should receive another round of bailout money. Jeffrey Brown reports.
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Europe's Stuttering Economy
Aug. 16, 2011
With the eurozone in such obvious economic turmoil, we turn to former chief IMF economist and longtime friend and favorite of Making Sen$e, Simon Johnson (Peterson Institute, MIT). We asked him a series of pressing questions:
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Italy: Too Big to Fail?
July 13, 2011
In hopes of calming the world's jitters over its financial health, Italian Finance Minister Giulio Tremonti announced plans to strengthen a $57 billion austerity package on Wednesday. Ray Suarez discusses the country's economic crisis with Il Sole 24 Ore's Mario Calvo-Platero and Harvard University's Kenneth Rogoff.
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Italy's High Debt, Political Dysfunction Fuel Financial Worries Around World
July 13, 2011
On Wednesday in Rome, Italian Finance Minister Giulio Tremonti announced plans to strengthen a $57 billion austerity package and speed it through Parliament in hopes of calming market fears in Europe and on Wall Street. Ray Suarez reports on the nation's worrisome economic crisis.
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Governments Push for Austerity, but Can it Really Revive Growth?
June 30, 2011
Greek Parliament passed a bill to implement a new austerity plan Thursday, and Britain was in the throes of a national civil servant strike. Margaret Warner discusses whether austerity measures will likely help those countries with MIT's Simon Johnson and Mark Weisbort of the Center of Economic Policy and Research.
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European Unrest Spreads as Greece, Britain Push for Austerity
June 30, 2011
Greek lawmakers on Thursday passed a second cost-cutting bill aimed at averting default, while hundreds of thousands of British teachers and civil servants went on strike to rally against pension reforms. Margaret Warner reports.
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Rioting, General Strike Leave Greece in Standstill Ahead of Austerity Vote
June 28, 2011
The streets of Athens, Greece, were filled with fighting Tuesday over prospects of more spending cuts and tax increases. The violence marred a general strike as the Parliament considers new austerity measures intended to fend off a national default. Independent Television News' Jonathan Rugman reports.
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Germany's Merkel Faces Big Challenges Over Bailouts, Libya, E. Coli
June 8, 2011
As German Chancellor Angela Merkel visits the U.S., her nation -- the richest in Europe -- is facing some daunting challenges. Ray Suarez reports.
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As Obama Kicks Off Trip, How Far-Reaching Is Europe's Economic Crisis?
May 23, 2011
President Obama kicked off his trip to Europe with an ecstatic welcome from a crowd in Dublin. The jubilant scene came amid troubled economic realities facing the Eurozone. Jeffrey Brown discusses Europe's continued financial struggles with the Financial Times' Gillian Tett and Harvard University's Kenneth Rogoff.