Stacey Vanek Smith
May 7, 2012 Parliamentary elections this weekend in Greece proved that voters there are fed up with the political parties imposing harsh austerity measures to deal with the country's severe debt crisis
Stacey Vanek Smith
May 7, 2012 The French elect a socialist president, and the Greek parliament gets a shake-up. It's all in a weekend for voters in Europe who took to the polls in what turned out to be a referendum on harsh austerity measures aimed at solving Europe's financial crisis. Also on the show, Disney avenges at the box office with a superhero blockbuster, college degrees as an employment perk, and Hollywood fights for California's State Parks.
Apr 26, 2012 Greece is reportedly selling off islands to raise money. The small island of Oxia is being sold to the royal family Qatar and more are on the block.
Apr 10, 2012 The new scheme could help the police force raise money and stop the taxpayer from footing the bill.
Apr 5, 2012 Today, the Greek Athletics Federation laid out what it sees as a "bleak future" for sports. The federation has suspended track and field events as part of budget cutbacks. That puts into question Greece's ability compete in the London Olympics this summer.
Mar 19, 2012 Lucas Papademos says the majority of Greeks are knuckling down to the agreed budget cuts and economic reforms as the country's second financial bailout sets in.
Mar 9, 2012 In Greece, private investors have agreed to write off about 75 percent of their loans to the country.
Mar 8, 2012 With the risk of a Greek default hanging in the air, why would some bond holders of Greek debt vote against a reduction of the country's debt?
Mar 8, 2012 The American economy seems to be moving along at a healthy clip, from jobs to hamburgers.
Heidi N. Moore
Mar 8, 2012 Private investors are being asked to accept big losses on their loans to Greece, in order for the country to get more bailout money and avoid a messy default that could send Europe back into crisis. About two-thirds of bondholders so far have agreed.