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.
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.
By Molly Finnegan
A roundup of arts headlines.
In other news on Friday, Greece officially asked the European Union and the International Monetary Fund for a bailout from its debt crisis, and a new wave of bombings targeting Shiite worshipers in Iraq killed 60 people.
An ash plume from an erupting glacial volcano in Iceland continues to cause problems for airports worldwide. Ray Suarez reports from London on the dangers the volcanic ash poses for air travel.
By Larisa Epatko
This week, Turkish Prime Minister Recep Tayyip Erdogan proposed a set of constitutional changes that the government says would promote democracy and bolster its bid for membership in the European Union, but critics say would shrink the independence of the…
In other news Wednesday, diplomats in the European Union worked on policies to quash the spreading debt crisis and Pope Benedict accepted the resignation of an Irish bishop embroiled in the child sex abuse scandal.
Greece's financial woes are causing problems on its own shores, as public workers protested government cuts Wendesday. But the debt crisis is making waves abroad as well. Jeffrey Brown talks to Roben Farzhad with Bloomberg Business Week for more.
In other news, Wall Street posted gains Wednesday after Federal Reserve Chairman Ben Bernanke told lawmakers that interest rates should remain low. Also, demonstrators clashed with police in Athens after another strike by workers aimed at government plans to freeze…
In other news Thursday, former president Bill Clinton underwent surgery for chest pains, and European leaders promised "determined and coordinated action" to support Greece as it battles a debt crisis.
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