Europe debt crisis


Questions remain about the future of Greece

Nov 21, 2012
A meeting to agree Greece’s next round of bailout money has ended after almost 12 hours with no decision. Athens won't get vital bailout funds without an agreement.
Posted In: Greece, Europe debt crisis

Spain's banks to suspend foreclosures for the needy

Nov 16, 2012
The Spanish government is suspending foreclosures for the neediest homeowners just a week after a woman there committed suicide when officials arrived at her apartment to seize it.
Posted In: spain, Europe debt crisis, bailout

Workers push back on austerity across Europe

Nov 14, 2012
There are strikes going on this morning in Greece, Spain, Portugal, Italy and Belgium. Workers are protesting all across Europe against rising unemployment and austerity.
Posted In: Greece, Europe debt crisis, austerity

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

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 editor stands trial over tax evader list

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.
Posted In: Greece, Taxes, Europe debt crisis, privacy

UPDATE: Ford to transfer UK plant to Turkey

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.
Posted In: Ford, auto market, UK, Europe debt crisis

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

Nobel Peace Prize: And the winner is Europe!

Oct 12, 2012
At last some good news for Europe -- racked by the worst economic crisis in its history, the European Union has just won the Nobel Peace Prize.
Posted In: Nobel Prize, European Union, Europe debt crisis