Jun 28 Watch Greece to close banks, stock market to head off economic collapse By PBS News Hour The strongest signs yet of a possible economic collapse came out of Greece Sunday as the government announced banks and the stock market will be closed Monday, and capital controls will be in place to limit massive money withdrawals. For… Continue watching
Jun 27 Greek PM closes banks to slow cash withdrawal frenzy By Daniel Costa-Roberts More than one in three ATMs in Greece ran out of cash at some point Saturday as banks struggled to provide enough euro banknotes to keep the machines running while Greeks scrambled to withdraw money. Continue reading
Jun 23 Watch 9:17 Already suffering Greece struggles with flood of migrants By PBS News Hour As Greece grapples to reach a deal with international creditors to avoid bankruptcy, the country is also being hit hard with a surge of arriving migrants – straining scant resources even further. Special correspondent Malcolm Brabant reports from the island… Continue watching
Jun 22 Watch 4:40 Awaiting debt deal, Greeks resist expected reforms By PBS News Hour As Greece awaits an emergency economic deal to stave off bankruptcy -- which could come later this week -- some are urging the government not to give in to demands of the country's international creditors. Special correspondent Malcolm Brabant reports… Continue watching
Jun 19 Watch 4:15 News Wrap: Will Greece reach loan agreement in time? By PBS News Hour In Friday’s news, the EPA imposes new carbon restrictions on trucks and other heavy vehicles. Also, Greece attempts to come to loan agreement as deadline looms, and the Congressional Budget Office estimates that repealing the Affordable Care Act will leave… Continue watching
Jun 18 Watch 2:19 News Wrap: ‘Fast-track’ bill passes House, clearing way for free-trade deal By PBS News Hour In Thursday’s news wrap, after weeks of deadlock, a bill granting Obama “fast-track” negotiating authority passed the House. Also, leaders of the Eurozone have called an emergency summit for Monday to discuss the deadlock with Greece. Continue watching
Jun 15 Watch 8:43 Impoverished Greeks fearful as default deadline looms By PBS News Hour Greek Prime Minister Alexis Tsipras held an emergency meeting with his bailout negotiators after a weekend breakdown in talks with creditors brought the country closer to bankruptcy. Many in Greece are bracing for more turmoil as they wonder whether the… Continue watching
Jun 12 Photos: Greece’s deserted factories are ghosts of the past By Ariel Min From obliterated entrances to calendars frozen in time, Greece's abandoned factories recall much better economic times. Continue reading
Jun 11 How to save Greece: Turn its banks into mutual fund companies By Laurence Kotlikoff Einstein defined insanity as repeating the same thing and expecting different results. So why then, asks economist Laurence Kotlikoff, doesn't Germany, the European Central Bank, and the IMF take a different approach to Greece's debt?… Continue reading
Jun 05 Watch 5:02 News Wrap: Greek PM rejects creditors’ conditions, calling for debt relief By PBS News Hour In our news wrap Friday, Greek Prime Minister Alexis Tsipras rejected conditions by creditors for supplying more bailout money. Yesterday Athens shook up financial markets when it opted to defer a payment to creditors. Also, U.S. weapons, including rifles and… Continue watching