bailout

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Austerity as seen from the streets of Athens

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.
Posted In: Greece, Europe debt crisis, bailout

Greek austerity: A light around the bend?

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.
Posted In: Europe debt crisis, Greece, austerity, bailout

Car country goes blue for auto bailout

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.
Posted In: 2012 election, Ohio, bailout, GM, Chrysler

Podcast Extra: Ohio goes blue for auto bailout

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.
Posted In: 2012 election, auto market, bailout, Ohio, Michigan

Surprise! The most critical vote this week may be in Greece

Nov 6, 2012
Protesters continue to fill Athens today ahead of the Greek Parliament’s vote on public sector spending cuts.
Posted In: Greece, Europe debt crisis, austerity, bailout

Greek workers protest latest austerity push

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.
Posted In: Greece, austerity, bailout

Spain continues bailout waiting game

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.
Posted In: spain, ECB, bailout, Europe debt crisis

EU summit to focus on banking union

Oct 18, 2012
European leaders meet in Brussels today for a summit on whether to enact a banking union across the EU and check in on beleaguered Greece.
Posted In: Greece, bailout, ECB

Is 'bailout fatigue' creeping up in Europe?

Oct 2, 2012
Whispers and nameless sources this morning are signaling Spain is preparing to ask the European Central Bank for a sovereign bailout causing bond and equity markets in Europe to zig and zag throughout the day.
Posted In: spain, Europe debt crisis, bailout, Germany

General Motors hopes to break free of Treasury

Sep 17, 2012
According to a piece in this morning's Wall Street Journal, the U.S. Treasury's welcome at General Motors is wearing thin. GM is reportedly pushing for the government to sell most or all of its remaining stake -- currently about a quarter of the company. But the Obama administration seems to be in no hurry to exit.
Posted In: General Motors, bailout, U.S. Treasury

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