Thursday, June 14, 2012
This weekend, Greek voters will go to the polls in an election that could decide if the country will stay in the Eurozone. According to the latest polls, the pro-Euro-bailout New Democracy party stands neck-and-neck with the anti-bailout Syriza party for first place.
Monday, June 04, 2012
Following a weak employment report on Friday and continued grim news out of Europe, some worry the United States economy may be on pace for another slowdown.
This Week's Agenda: Trouble in the Euro Zone, Latino Voter Litmus Test for Romney in Texas, New Unemployment Numbers and Annan in Syria
Tuesday, May 29, 2012
Exploring the news for the week ahead are Callie Crossley, host of The Callie Crossley Show on WGBH, and Marcus Mabry, editor at large at The International Herald Tribune, the international edition of our partner, The New York Times.
Thursday, May 24, 2012
Greece spent a decade working to become a full member of the European Union. Now it appears it's doing its best to get thrown out. At a summit meeting in Brussels last night, Euro leaders stepped up contingency planning for a possible Greek exit from the euro zone. Meanwhile, Europe's leaders are struggling to overcome their differences on how to resolve the EU's debt crisis. Joining us is Matthew Price, Brussels Correspondent for our partner the BBC.
Tuesday, May 15, 2012
Mitt Romney and President Obama may find themselves watching events unfold in Europe with a little uneasiness. After all, Europe's political calendar may pose the perfect economic storm, and it could blow across the Atlantic and decide who becomes President of the United States. Brookings Institution senior fellow on foreign policy Justin Vaisse explains how the dominoes could fall in Europe and the United States.
Thursday, April 12, 2012
Singer/songwriter Dar Williams’ first new album in four years is called In the Time of Gods, and on it she addresses some of today’s most pressing social issues through the imagery of ancient Greek mythology. The album comes out next week - but we’ll get a preview today when she plays live.
Sunday, April 08, 2012
The economic crisis in Greece has shrunk the country’s economy, cost tens of thousands of jobs and led the government to impose severe austerity measures. Now, a group of Greek New Yorkers is mobilizing to help Greece's most vulnerable survive the harsh economic times
Friday, March 30, 2012
By Osborne Hazel : Economics and legal blogger
Many governments spend more money then they take in. This is known as deficit spending. This is not necessarily a bad thing, but it is possible for their debt to get so large that they will no longer be able to operate. At least, the cost of borrowing money will be so greatly increased, that it becomes an obstacle. When this happens, countries must take action to get their balance sheets in order.
Friday, March 09, 2012
Almost all of Greece's private creditors have agreed to accept a loss on their investments, leaving their holdings of government debt almost 75 percent less. This new agreement will save the country around 100 million dollars and averts immediate default for the country.
Wednesday, February 22, 2012
Greece has once again narrowly avoided defaulting on their $172 billion debt by agreeing to more austerity measures and selling off profits to euro zone countries. However, it's unlikely this development will ease the dire situation of its population: nearly 20,000 Greeks are homeless and 21 percent are unemployed. Stateside, there were signs of recovery when on Tuesday the Dow hit 13,000 for the first time since 2008. But if the last four years have proved nothing else, it's that what happens across the globe can directly impact a market at home.
Tuesday, February 21, 2012
How much will it cost Europe to keep Greece out of bankruptcy? $172 billion, that's how much. EU finance members gave approval to a second bailout package in Brussels overnight but Athens has to accept deep spending cuts and permanent monitoring. The chairman of the Euro group says the deal would secure Greece's future in the euro zone, but required the efforts of all parts of Greek society.
Tuesday, February 21, 2012
Has Greece been saved for good? Euro zone leaders have agreed to a second bailout to save Greece from bankruptcy but Athens has to accept deep spending cuts and permanent monitoring. This has caused many Greeks to revolt. Joining The Takeaway is Steve Evans, correspondent for our partner the BBC.
Wednesday, February 15, 2012
Monday, February 13, 2012
In Greece the government has passed the latest austerity measures needed to avoid a default. But they are not accepted by the people. There is a real, boiling anger, a sense that they have been betrayed by their own leaders and by their supposed partners in the European Union. The question this morning is whether Greece can be held together. Chris Morris with our partner the BBC was in Athens last night as the clashes unfolded.
Monday, February 13, 2012
Over the weekend, Romney won both the CPAC straw poll and Maine caucuses; he'll head to Arizona on Monday while Santorum heads to Washington. After rioting and looting in Athens, Greece's parliament approved an austerity and debt-relief bill early Monday. Back in the States, President Obama unveils a budget blueprint Monday. Later this week, Chinese Vice President Xi Jinping visits the White House. Fourth quarter earnings reports from more than 50 S&P 500 companies are expected this week.
Thursday, January 12, 2012