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Greek bond investors take big 'haircut' in bailout deal
Kai Ryssdal Feb 21, 2012
Hans Humes is one of the private creditors who is now taking a 74 percent haircut on the Greek debt he owns. He explains what that means, and why he invested.
Greece avoids a messy default... for now
Stephen Beard Feb 21, 2012
After months of wrangling and a marathon meeting yesterday, European finance ministers have agreed on a $170 billion plus bailout for Greece. That'll save the country from a messy default, but stability can be hard to get too excited about, for Greeks and banks that owned Greek bonds -- especially with the harsh terms of the agreement.
On bailouts, from Greece to Michigan
Jeremy Hobson Feb 21, 2012
As news arrives that Greece will receive a fresh $170 billion from the rest of Europe, we are broadcasting from Michigan this week leading up to that state's primary. On the minds of citizens of Michigan? The big auto bailout of a few years back.
How Greece could move forward from here
Adriene Hill Feb 21, 2012
After months of wrangling and a marathon meeting yesterday, European finance ministers have agreed on a $170 billion bailout deal for Greece. It'll save the country from a messy default, but the terms of the deal are painful.
Euro finance ministers expected to approve Greek bailout
Stephen Beard Feb 20, 2012
European finance ministers are meeting in Brussels today. They're expected to finally approve a new bailout loan package for Greece. The price tag: $170 billion.
European finance ministers close to agreement on Greece
Stephen Beard Feb 20, 2012
The second bailout deal for Greece seems imminent, but it still won't bring a total end to the debt crisis.
Greeks channel financial woes through song
Stephen Beard Feb 17, 2012
As Greece faces yet another deadline to adopt more austerity measures and reforms, some Greeks have turned to satire and song to express their frustration and fury over the country's continued economic misery.
Former Greek finance minister on his country's woes
Jeremy Hobson Feb 16, 2012
There is no end in site yet for Greece, who still might not receive the bailout they need to keep their country running.
Should Greece stay in the eurozone?
Diane Swonk Feb 16, 2012
The future of Greece hangs in the balance as it is still uncertain whether they will be able to dig themselves out of their debt hole -- with a lot of help from the rest of Europe.
Greek debt meeting moved to conference call
Stephen Beard Feb 15, 2012
A big meeting today in Europe that was supposed to continue talks on the Greek debt crisis has been delayed until next week. Now, leaders will join in a conference call to discuss the problem.
