By Ivette Feliciano
Amid the financial crisis, there's one EU-imposed austerity measure that's causing particular angst among Greek citizens: a tax hike on one of the country's favorite traditional liquors. Greeks are worried that raising taxes on tsipouro, a powerful, clear type of…
By PBS NewsHour
Greece struck a debt deal after a long night of negotiations with European creditors. According to the preliminary deal, the nearly bankrupt country will receive a $95 billion bailout over three years, and be subject to tough austerity measures. Special…
What’s next for Greece after voters rejected a bailout referendum Sunday? Gwen Ifill speaks to Greek Ambassador Christos Panagopoulos about the path ahead for his nation and the potential global consequences of not reaching a compromise with lenders.
Greek voters rejected the terms of the European bailout plan in the country's first national referendum since 1974. PBS NewsHour special correspondent Malcolm Brabant joins Hari Sreenivasan from Athens with more on where the country goes from here.
By News Desk
Greeks have voted overwhelmingly to reject bailout terms offered by Greece's international creditors…
The results of a nationwide vote Sunday could keep Greece’s debt-ridden economy afloat, or cut off desperately-needed financial support from its Eurozone lenders. PBS NewsHour special correspondent Malcolm Brabant has been reporting from Athens on the Greek financial crisis all…
In other news Wednesday, the European Union softened it's austerity demands for six countries. France, Spain, and four other countries will be given more time to to address deficit problems. Also, former presidential contender Rep. Michele Bachmann, R-Minn., announced she…
U.S. Faces 'Real-Time Experiment' in Economic Recovery While Cutting Spending…
European capitals filled with May Day demonstrators protesting austerity measures aimed at lowering government debt. In Athens, Greek union workers went on strike against proposed layoffs of public employees. Meanwhile outcry was turned towards soaring unemployment in Spain. Judy Woodruff…
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