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Gwen Ifill talks to John Lipsky, first deputy managing director of the International Monetary Fund, about the $1 trillion aid package to steady Greece and insulate other eurozone countries from a spreading debt crisis.
Stocks plunged then rallied slightly as concerns grew that Greece's ongoing debt crisis would impact the global financial recovery. Also, a possible technical glitch was being investigated by market officials. Jeffrey Brown reports.
Riots erupted in Athens in response to Greece's plans to adopt harsh cuts and taxes to fix its debt crisis. Jonathan Rugman of Independent Television News gives an update on the unrest and a bank fire that killed three people.
Protests in Athens turned violent over Greece's plans to adopt austerity measures to help keep the country from defaulting on its debt. Margaret Warner talks to reporter John Psaropoulos in Greece about the reactions on the ground to the riots…
In other news Wednesday, a cloud of volcanic ash from Iceland grounded flights in Scotland and Northern Ireland for a second day, and the U.S. Senate has dropped a $50 billion fund intended for liquidating banks from financial reform amendments…
Angry protesters again took to the streets in Athens over the cuts and tax hikes the Greek government is planning amidst a financial bailout from the European Union and the International Monetary Fund. Margaret Warner talks to an economist about…
The European Union and the International Monetary Fund have made progress in securing a rescue package to keep Greece from defaulting on its debt, as citizens protested the stark austerity measures the government is considering. Margaret Warner reports.
As General Motors begins paying back its loan from the U.S. government, Margaret Warner talks to a reporter with the Detroit News about the auto giant's prospects for recovery after last year's government bailout.
The Obama administration's pay czar Kenneth Feinberg has announced more cuts to executive pay for several large companies still receiving government funds. Judy Woodruff spoke with him about those salary decisions.
Car dealers are struggling to stay open, even though manufacturers GM and Chrysler have rescinded plans to close hundreds of dealerships across the U.S. Tom Bearden reports on how dealers in Colorado are fighting for survival at the state level.
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