Greece
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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?
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Jobs market holds firm, McDonald's continues to grow
Mar 8, 2012
The American economy seems to be moving along at a healthy clip, from jobs to hamburgers.
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Taking a loss on Greek bonds
Mar 8, 2012
Private investors are being asked to accept big losses on their loans to Greece, in order for the country to get more bailout money and avoid a messy default that could send Europe back into crisis. About two-thirds of bondholders so far have agreed.
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