European Debt Crisis
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Global investors cheer E.U. bailout
May 10, 2010
The Dow has responded to the E.U.-approved $1 trillion Europe bailout by surging over 400 points.
Death, violence darken Greek protests
May 6, 2010
Protesters in Greece are wary of rising violence at demonstrations after the death of three bankers from a gas bomb. Reporter Joanna Kakissis in Athens describes the scene of the protest and why the demonstrations have gotten so out of hand.
Eurozone shaken by debt worries
May 4, 2010
The euro fell to its lowest level in a year despite recent news of a Greek debt rescue package. Spain was the main focus of worries as rumors swirled it was seeking a bailout. Stephen Beard reports.
Bailout averts Greece default for now
May 3, 2010
Between International Monetary Fund and help from other European countries, Greece's rescue package will come to around $146 billion in loans. But the country still has to make serious changes. Steve Chiotakis talks to Marketplace's Stephen Beard.
German aid for Greece comes with price
Apr 30, 2010
Greek Prime Minister George Papandreou says his country's survival is at stake and needs bailout funds. Germany has been the main obstacle to the bailout, but word from Berlin is Germans are prepared to help. Stephen Beard reports.
The impact of Greece's debt crisis
Apr 28, 2010
Spain became the third European country in two days to have its bond rating downgraded. European bureau chief Stephen Beard talks with Tess Vigeland about what implications that move will have and the latest rescue package for Greece.
Greek public vocal against budget cuts
Apr 28, 2010
Germany wants Greece to make deep budget cuts in order to go forward with its part of the bailout loan. But the Greek government will not have an easy time selling spending cuts to an angry public. Joanna Kakissis reports.
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IMF, ECB will discuss Greece bailout
Apr 28, 2010
European financial officials meet today to discuss a bailout for Greece, which is dealing with junk debt and growing economic peril. Stephen Beard explains how Greece's financial crisis affects the rest of the world.
Greeks respond to call for debt help
Apr 23, 2010
How are Greeks responding to Greek Prime Minister George Papandreou's call for an international lifeline? Steve Chiotakis gets the word on the street from reporter Joanna Kakissis in Athens.
Greece financial crisis: PM seeks help
Apr 23, 2010
Greek Prime Minister George Papandreou, has formally asked for help with the country's debt. With financial troubles mounting over the last few months, why has the official request just been made now? Steve Chiotakis talks to Stephen Beard.