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The political pushbacks on European austerity measures

May 7, 2012
Journalists in France, Greece and Germany analyze the post-vote turmoil happening in Europe right now.
Posted In: France, Francois Hollande, Germany, Angela Merkel, Greece

Greece, France vote against austerity in weekend elections

May 7, 2012
In an apparent rejection of austerity measures to solve Europe's debt crisis, voters in France elected Socialist party candidate Francois Hollande over the weekend while Greek voters punished the country's two incumbent parties
Posted In: Greece, France, Germany, Francois Hollande

In Greece, voters cast ballots against austerity

May 7, 2012
Parliamentary elections this weekend in Greece proved that voters there are fed up with the political parties imposing harsh austerity measures to deal with the country's severe debt crisis
Posted In: Greece, austerity

Greece begins to sell islands to raise cash

Apr 26, 2012
Greece is reportedly selling off islands to raise money. The small island of Oxia is being sold to the royal family Qatar and more are on the block.
Posted In: Greece, Qatar

Greek police officers, vehicles for rent

Apr 10, 2012
The new scheme could help the police force raise money and stop the taxpayer from footing the bill.
Posted In: Greece, police, Greek debt

Budget issues hurt Greece's 2012 Olympic plans

Apr 5, 2012
Today, the Greek Athletics Federation laid out what it sees as a "bleak future" for sports. The federation has suspended track and field events as part of budget cutbacks. That puts into question Greece's ability compete in the London Olympics this summer.
Posted In: Olympics, Greece, London Olympics, Europe debt crisis

Greek PM: We're on our way to economic recovery

Mar 19, 2012
Lucas Papademos says the majority of Greeks are knuckling down to the agreed budget cuts and economic reforms as the country's second financial bailout sets in.
Posted In: Greece, greek bailout

Did writing off debt in Greece count as a default?

Mar 9, 2012
In Greece, private investors have agreed to write off about 75 percent of their loans to the country.
Posted In: Greece, credit default swaps, Europe, default

Investors face deadline to prevent Greek default

Mar 8, 2012
Private bond holders have until this afternoon to decide if they'll take major losses on their investments in order to keep Greece out of a messy default, and avoid another global crisis.
Posted In: euro, Greece, investors, Europe debt crisis

Some Greek bond holders want to avoid major loss

Mar 8, 2012
With the risk of a Greek default hanging in the air, why would some bond holders of Greek debt vote against a reduction of the country's debt?
Posted In: Greece

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