Sep 26, 2012
Greece has been shut down today because of a huge nationwide strike. Fifty thousand people took to the streets of Athens and police fired tear gas after violence broke out near the parliament. The issue, of course, is austerity: The very unpopular budget cuts going on as part of the solution to the debt crisis.
Sep 7, 2012
The plan to buy up bonds from troubled Eurozone economies creates a firewall for nations like Greece and Italy -- expelling Greece may now be less risky.
Sep 5, 2012
Inspectors from the troika of the European Commission, European Central Bank and International Monetary Fund are checking up on Greece’s austerity measures.
Aug 27, 2012
Marketplace's Stephen Beard says September is going to hold some big questions. Will the European Central Bank put together its rescue plan? Will Greece get its next chunk of money to allow it to stay in the euro?
Aug 22, 2012
Shares of BHP Billiton are down this morning, after the mining giant saw profits fall for the first time in three years.
Aug 20, 2012
It's vacation time across Europe, but it's not all sunshine for Greeks. The debt-laden nation has fallen behind in implementing reforms and austerity measures.
Aug 20, 2012
This week, all eyes are on Greece. The country's prime minister is meeting with German and French officials. He's expected to officially ask for extension in meeting the country's fiscal targets.
Aug 15, 2012
Greece's current government took power in June -- since then the world's been waiting for the specific plan to push things forward with Europe. This morning, the Financial Times this morning has a look at the plan Greece's prime minister will bring to the table next week with German and French leaders.
Jul 24, 2012
The European Commission, the European Central Bank, and the IMF began meetings in Greece today -- they'd like to know what structural reform progress has been made in return for billions in bailout money.