Dec 23 Watch News Wrap: Greece OKs Budget, Adds More Austerity Measures In other news Thursday, the governing socialists in Greece passed a new budget that reduces health and defense spending while raising consumer taxes. The steep taxes and deep cuts have sparked widespread protests in Athens and elsewhere. Continue watching
Nov 16 Watch News Wrap: Markets on Edge Over Ireland's Growing Debt Crisis In other news Tuesday, European Union finance ministers met to discuss a possible bailout for Ireland, whose banks have more than $60 billion in real estate debt. In Haiti, the death toll from cholera passed 1,000 as two died in… Continue watching
Nov 15 Watch News Wrap: Irish Officials Confirm Debt Talks, Say Bailout Not Needed In other news, Ireland's debt soared after it rescued five banks from huge real estate losses, but officials there insist the country doesn't need a bailout. Meanwhile, European Union officials reported the Greek government has much more debt than first… Continue watching
Nov 03 Watch News Wrap: California Just Says No to Legalizing Marijuana In other news Wednesday, a proposition to legalize recreational use of marijuana in California failed with 54 percent voting against it. Continue watching
Nov 01 Watch Mail Bomb Explodes in Greece, Two Suspects Arrested A package exploded at a mail delivery service in Athens, Greece, burning one employee. Police arrested two suspects after finding more bombs on the men near the facility. One of the packages was addressed to French president Nicolas Sarkozy. Ray… Continue watching
Aug 11 Watch Olives and Omens: Did Greek Cuisine Portend Economic Problems? In Greece, where a popular toast is drinking "to health and cash flow," one food writer sees parallels in between the country's crushing economic problems and its departure from its simple, humble culinary roots. Paul Solman reports. Continue watching
Jul 21 Part II: Greek Prime Minister Talks Debt Crisis, World Economy By Paul Solman // Editor's Note: Paul Solman is reporting from Greece this week about the country's financial crisis. Above, watch the second half of his interview with Greek Prime Minister George Papandreou about how Greece is handling the crisis. He also talks… Continue reading
Jul 21 Watch Examining the Underground Greek Economy Amid Escalating Debt Many Greek citizens have reacted in anger over governmental attempts to impose austerity measures as the country battles its economic troubles. As part of his series on making sense of economic issues, Paul Solman looks at Greece's debt and the… Continue watching
Jul 20 Greek Prime Minister Talks Financial Crisis, Austerity Measures By Paul Solman _pap_embed_custom('news01s41a1qf06',482,304,""); Editor's Note: On Tuesday's NewsHour, Paul Solman reports on how the people of Greece are responding to the austerity measures the country has imposed to deal with its debt crisis. "Obviously we have a daunting [...] prospect to change… Continue reading
Jul 20 Watch In Greece, New Austerity Measures Rile Many The economic crisis in Greece is bringing a new wave of anger among its citizens over austerity measures to control its debt. Paul Solman looks at how Greek citizens are coping with the debt crisis and speaks with Prime Minister… Continue watching