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austerity measures

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Feb 09

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Austerity Plan Might Ease Greece Out of its 2-Year Debt Crisis

After weeks of negotiations, Greece's political leaders wrapped up a controversial agreement Thursday on yet another round of austerity measures. Though the deal received some praise, Germany said it fell short while workers in Greece took to the streets to…

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Jan 30

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Protests Against Austerity Measures Greet EU Members in Brussels

In their 17th meeting in two years, leaders of 27 member states of the European Union reconvened in hopes of taming an economic crisis that threatens to entangle the continent in another recession. Margaret Warner reports from Belgium's capital on…

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Jun 17

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News Wrap: Greek PM Reshuffles Cabinet, Hoping to Pass New Austerity Measures

In other news Friday, Greek Prime Minister George Papandreou shook up his government in a bid to defuse the country's debt crisis and get new austerity measures through Parliament. Also in Yemen, officials announced that President Ali Abdullah Saleh, who…

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Apr 27

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Global Markets Rankle Over Greece’s Deepening Debt Crisis

Downgrades of Greece's debt rating to junk status sent markets tumbling in Europe and the U.S. Gwen Ifill talks to financial expert Eswar Prasad about the far-reaching effects of the European nation's economic crisis.

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