austerity
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Greece adopts drastic austerity measures
Feb 13, 2012
Overnight, the Greek parliament imposed drastic cuts that will layoff some 150,000 government workers, raise the retirement age and lower the minimum wage by 20 percent. What would the same cutbacks feel like here in the U.S.?
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The Greek spending cuts in U.S. terms
Feb 13, 2012
More strict austerity measures were passed in Greece over the weekend. What would the equivalent of the cuts look like here at home?
0
More uncertainty looms after Greek cuts
Feb 13, 2012
Greeks rioted over the weekend, burning dozens of buildings in protest against budget cuts that are the latest condition for a $170 billion bailout from the European Union and the International Monetary Fund.
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Protests in Athens over latest proposed cuts
Feb 10, 2012
Greeks are striking again today to protest deep cuts the government wants to make in order to get more bailout money. But even the most recent austerity deal Greece proposed might not be enough.
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Greeks protesting at another critical moment for Europe
Feb 10, 2012
A day after the government submitted a budget cutting plan that’s needed in order for Greece to get more bailout money, there are huge strikes over the cuts going on in Athens today.
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Greece agrees to deep budget cuts
Feb 9, 2012
Just ahead of another meeting of European finance ministers in Brussels, Greece announces that they have agreed to the austerity cuts that would allow them to receive a much-needed $173 billion bailout.
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Greece's hard road ahead
Feb 9, 2012
With a $172 billion bailout in place, Greeks' futures are looking austere.
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Irish citizens boycott new homeowners tax
Feb 8, 2012
Packed, town hall-style meetings have sprung up all across Ireland over the past several weeks.
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Greek talks focus on private debt, second bailout
Feb 6, 2012
Negotiations with private sector creditors are going well, but Greek officials are struggling over terms for a second bailout from the IMF and the EU
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When is the real deadline for Greece?
Feb 6, 2012
Greece was on deadline to deliver a cost-cutting plan to the IMF and EU last week, this past weekend and today. Now, the deadline has been extended. When might the country default?
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