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austerity measures

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World Dec 27

Under Austerity, Greeks Feel Unfolding Social and Humanitarian Crisis

World Nov 22

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No Laughing Matter: A Look at the European Debt Crisis Through Cartoons

Lee Buchheit, a lawyer who helped mastermind Greece's debt restructuring earlier this year, and investor Hans Humes explain the wrangling behind-the-scenes of Europe's debt crises to economics correspondent Paul Solman, all with a little help from some cartoonists.

World Sep 26

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Spanish and Greek Responses to Debt Crisis Unleash Backlash from Citizens

Spanish and Greek Responses to Debt Crisis Unleash Backlash from Citizens…

World Sep 26

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Protesters March on Greek Parliament to Protest Wage Cuts and Privatization

With nearly 70,000 people marching toward the parliament in Athens, Greece saw its largest protests since May 2011. Greeks were angered by cuts in wages, pensions and welfare that the debt-ridden country enacted to meet budget targets. Independent Television News'…

World Jul 25

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News Wrap: United Kingdom Reports Recession Worse than Expected

In other news Wednesday, newly released figures show the British economy has fallen deeper into recession than predicted. Also, officials in Anaheim, Cal., called for a cease to a four-day run of violence in reaction to the weekend killing of…

Jul 20

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News Wrap: Spain Passes Austerity Measures to Fix Debt Crisis, Citizens Protest

In other news Friday, Spaniards gathered in 80 Spanish cities to protest austerity measures. Also, the U.S. Treasury Department warns benchmarks for global interest rates are still flawed. This announcement comes three weeks after Barclays Bank admitted to falsifying 2007…

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May 24

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In Europe, Balancing Germany’s Austerity Push With Hopes for Growth

After an inconclusive meeting of European leaders in Brussels ended Wednesday, new data showed a worsening economic contraction throughout the continent. Jeffrey Brown reports.

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Feb 20

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News Wrap: Eurozone Ministers Move Closer to Granting Greece Next Bailout

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…

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Feb 17

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News Wrap: After Standoff, Congress OKs Payroll Tax Cut Extension

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…

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Feb 16

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News Wrap: U.S. Officials Warn Iran Might Blockade Strait of Hormuz if Attacked

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…

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Full Episode
Sunday, Sep 7
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