Jul 21 Watch News Wrap: Eurozone, IMF Agree to Second Greek Bailout of $155B In other news Thursday, leaders of the Eurozone nations agreed to give Greece a second bailout worth $155 billion. The International Monetary Fund and private investors would join the package to the tune of $53 billion. In Syria, activists said… Continue watching
Jun 30 Watch Governments Push for Austerity, but Can it Really Revive Growth? Greek Parliament passed a bill to implement a new austerity plan Thursday, and Britain was in the throes of a national civil servant strike. Margaret Warner discusses whether austerity measures will likely help those countries with MIT's Simon Johnson and… Continue watching
Jun 29 Watch News Wrap: Greece Endorses New Austerity Measures Amid More Rioting In other news Wednesday, lawmakers in Greece endorsed new austerity measures in the face of chaos in the streets of Athens. The package of $40 billion in spending cuts and tax hikes is designed to win a second bailout from… Continue watching
Jun 29 In Photos: Greece Grapples With Budget Cuts Needed for Bailout Funds By Larisa Epatko Greece's Parliament approved a package of austerity measures Wednesday, a key step toward getting a bailout from the International Monetary Fund and European Union in order to avoid defaulting on its debts next month. Continue reading
Jun 29 Greece Protests and Spending Cuts By Larisa Epatko Greece's government is working to pass belt-tightening measures to clear the way for emergency bailout loans. Continue reading
Jun 29 As IMF’s New Chief, Will Lagarde ‘Keep Smiling’? By Paul Solman Christine Lagarde was nominated Wednesday to head the IMF. Photo by Dominique Charriau/Getty Images. So the synchronized French swim champ with accent-free English whom we interviewed last summer in Paris, Christine Lagarde, will run the IMF. What did we… Continue reading
Jun 28 Watch Rioting, General Strike Leave Greece in Standstill Ahead of Austerity Vote The streets of Athens, Greece, were filled with fighting Tuesday over prospects of more spending cuts and tax increases. The violence marred a general strike as the Parliament considers new austerity measures intended to fend off a national default. Independent… Continue watching
Jun 28 Belgium’s Foreign Minister on EU, Global Missions Belgium's Foreign Minister Steven Vanackere spoke in Washington this week about the possibilities of a common European Union foreign policy. Continue reading
Jun 17 Watch 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… Continue watching
Jun 16 Watch Chance of Greek Bailout Default Worries Global Markets Anxiety over the Greek debt crisis spooked markets in Europe and Asia again Thursday as investors worry about problems there spreading. Meanwhile, Greece's prime minister held an emergency Socialist Party meeting but delayed a Cabinet reshuffle until Friday. Daisy McAndrew… Continue watching