Greek, Italian Leaders Under Pressure to Go
George Papandreou and Silvio Berlusconi are urged to resign by parliamentarians ahead of a G20 summit.
Greece
Greece Calls Referendum on Bailout Plan
“We trust citizens, we believe in their judgment,” said Prime Minister Papandreou. Many of his countrymen oppose the bailout.
European Leaders Plan for Partial Greek Default
As Greece struggles to mend its deficit, eurozone countries debate whether to help banks in the event of a default.
Europe’s Last Chance to Let Greece Default
Once European nations agree to a second financial rescue package for Greece, there’s no way back.
Eurozone Crisis Enters New Phase
Joonatan Jakobs is more optimistic about Europe’s ability to emerge from its debt crisis but many uncertainties linger.
European Leaders Plan Second Greek Bailout
Eurozone leaders agreed to another multibillion euro bailout for Greece and an expansion of the European Financial Stability Facility.
Europe Explores Private Role in Greek Bailout
Ahead of a European summit, eurozone officials explored three different options for private sector involvement in rescuing Greece.
What Do Taxi Drivers in Greece and DC Have in Common?
Whereas Greece is liberalizing its taxi market, the District of Columbia is making it harder for individual drivers to compete.
The Problems of Privatization in Greece
Greece has to raise €50 billion selling off state assets.
Kicking Greece Out of the Eurozone
Would it work? What’s the risk of Greece leaving the single currency union?
Greek Government Survives Confidence Vote
With little political support, Greece’s socialists have to implement a tough austerity program in exchange for financial aid.
Is Austerity Failing?
Paul Krugman doesn’t tell the whole story when he points at Greece to argue against spending cuts.
Greece Continues to Test European Solidarity
Greece’s fiscal woes are leading some to wonder if it shouldn’t leave the eurozone.
Greece Increasingly Likely to Restructure Debt
Despite tens of billions in European financial support, Greece still teeters on the brink of bankruptcy.
Greece’s Credit Rating Downgraded
With Greek bonds in “junk” territory, confidence in the country’s ability to pay back has plummeted.