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European debt crisis

Mario Draghi's defining moment

by Amy Scott
Oct 30, 2019
The departing head of the European Central Bank vowed in 2012 to "do whatever it takes" to save the euro.
The President of the European Central Bank Mario Draghi addresses the European Parliament in Brussels, on December 1, 2011.
Thierry Charlier/AFP/Getty Images
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The euro is a mixed blessing for Greece

by Stephen Beard
Aug 17, 2018
As the country prepares to exit years of IMF-EU bailouts, views differ on the European Union's common currency.
The Greek flag and the flag of the European Union fly above a government building in Athens, Greece.
Matt Cardy/Getty Images
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Greece leaves bailouts behind; wonders what's ahead

by Stephen Beard
Aug 15, 2018
Some Greeks fear their country may struggle once bailouts end.
A man waves a Greek flag in front of the Greek parliament during a pro-European rally on July 9, 2015 in Athens, Greece.
Christopher Furlong/Getty Images
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Greece emerges from bailouts, but Greeks remain skeptical

by Stephen Beard
Aug 14, 2018
The country's economy is improving, but many still bear the scars of the crisis.
In this photo illustration, a one euro coin stands on a map of Greece showing the city of Athens.
Sean Gallup/Getty Images
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Eurozone hopes PIIGS may fly

by Stephen Beard
Aug 3, 2017
Portugal, Italy, Ireland, Greece and Spain show signs of economic recovery.
A European Union flag with the euro currency symbol waves in front to of the Greek Parliament in Athens, Greece.
Christopher Furlong/Getty Images
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Grexit talk resurfaces as EU finance ministers meet

by Stephen Beard
Feb 17, 2017
Greece's debt problems rear up again as creditors demand more concessions.
A man looks at newspapers bearing the headline "The nightmare of Grexit" last month.
LOUISA GOULIAMAKI/AFP/Getty Images
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Italy looks to EU to help oldest bank

by Stephen Beard
Dec 9, 2016
The bank Monte dei Paschi di Siena is in trouble. Who should come to its aid?
The headquarters of the Monte dei Paschi di Siena bank, located in the Italian region of Tuscany.
GIUSEPPE CACACE/AFP/Getty Images
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In Greece, breadwinners struggle to support their kin

by Stephen Beard
Jul 21, 2016
Widespread unemployment left some Greeks as sole breadwinner for their families
People sitting outside of a restaurant in Greece. 
Milos Bicanski/Getty Images
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Greeks in crisis

In Greece, business people see some improvement

by Stephen Beard
Jul 21, 2016
A publisher and a travel agent reflect a year after the peak of the debt crisis.
Greece has an unemployment rate of 25 percent.
Sean Gallup/Getty Images
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Greeks in crisis

Pharmacist rejects creditors' prescription for Greece

by Stephen Beard
Jun 26, 2015
Business is tough in a profession earmarked for reform and greater competition.
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