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 European finance ministers are meeting today in Brussels to decide whether Greece will receive its next scheduled bailout payment of $40 billion.
Nov 7, 2012 Car country played a big role in President Obama's re-election last night. Michigan and Ohio both benefited from the auto industry bailout and both went for the President last night.
Nov 7, 2012 What does Obama's victory mean for the economy, monetary policy, and the fiscal cliff? Exit polls showed a majority of Ohioans favored the auto industry bailout which may have put Obama over the edge in the swing state.
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 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.