Nov 13, 2012 Yesterday, the Greek parliament pushed through an extensive package of cuts and tax increases -- its most aggressive austerity budget so far -- in order to receive their next bailout payment.
Nov 12, 2012 Greece approves its 2013 austerity budget, making it eligible for a third round of bailout loans.
Nov 12, 2012 European finance ministers are meeting today in Brussels to decide whether Greece will receive its next scheduled bailout payment of $40 billion.
Nov 6, 2012 Protesters continue to fill Athens today ahead of the Greek Parliament’s vote on public sector spending cuts.
Nov 5, 2012 Workers are back on strike this morning in Greece, where the government is scheduled to vote on a new round of austerity cuts this week.
Nov 1, 2012 All the state governments in the path of Sandy say they’re going to rebuild infrastructure. In this age of budget austerity, where will the money come from?
Nov 1, 2012 A Greek magazine editor goes on trial today after being accused of breaking privacy laws when he published a list of prominent Greeks who allegedly evaded their taxes.
Oct 25, 2012 Ford has announced the closure of its last vehicle manufacturing plant in the UK. The company is reportedly shutting down a van factory and shifting production to Turkey.
Oct 18, 2012 For months now, Spain has been bracing itself for a bailout. While the country waits, the government has already made many of the deep budget cuts that typically come with bailouts.