In which John explains the Greek debt crisis, which has pushed the Greek government close to defaulting on its loans, the reasons why the Euro zone and the IMF are desperately trying to bail Greece out, and what the rising cost of sovereign debt means for the massive budget deficits throughout th...
A wakeup call for Greece and the euro. WSJ's Andy Jordan and Joe Parkinson report from Athens on the threat of a potentially contagious debt crisis and the moral hazard of bailing out a country with bad fiscal habits.
As the economic crisis take hold of Greece, ordinary people struggle stress and anxiety as they go about their lives.
Greece is the worst hit of the Eurozone countries by the debt crisis. Now the country's taxman hopes to reclaim some of the staggering $57bn in unpaid taxes as officials turn their attentions to its wealthier citizens. Evangelos Venizelos, the Greek finance minister, has also announced a new roun...
Eurozone finance ministers are set to approve the release of $17bn for Greece. It is the next portion of the bailout from the European Union and the International Monetory Fund - made possible by the austerity laws the Greek parliament passed this week. However, there is no certainty in the long-...
A summit of the G8 leading industrialized nations has ended in compromise with leaders striving to balance European austerity - an approach long driven by German Chancellor Angela Merkel - with a dose of US-style stimulus seen as vital to healing ailing eurozone economies. Before the summit, US P...
The Euro Zone crisis is escalating, as Greece may be on the verge of a final collapse. According to the Reuters, anxious Greeks have started a bank run, withdrawing as much as 700 million euros ($894 million) from the nation's banks on Monday. Greece's political leaders meet on Wednesday to form ...
This is the VOA Special English Economics Report, from voaspecialenglish.com | http Finance ministers from the euro area met in Poland in the middle of September to discuss the Greek debt crisis. American Treasury Secretary Tim Geithner joined them. Fabian Zuleeg, chief economist at the European ...
A primer of why Greece is in a tough situation (more in future videos)
Let me first says the Max Keiser is awesome. He brings an amazing amount of insight to the subjects he discusses and he has opened my eyes to a huge amount of things. Max Keiser is the daddy. Having said all that, Max Keiser is completely and utterly misunderstanding what is happening in Greece. ...
The Greek crisis isn't just a local phenomenon; debt is a deadly global trend. Will Tim be able show his cardboard comrade that Greece's woes affect us all, or will he get distracted by celebrity bowling? Find out right now! Tim Kirby's channel: www.youtube.com Watch Why You Should Care on our we...
Greece has enough money to pay pensions, workers' salaries and bondholders through mid-November, the country's finance minister said on Tuesday. The statement came as world stock markets slumped on fears of an imminent Greek debt default, which could bring down European banks and trigger another ...
www.presstv.com In this edition of On the Edge, Max Keiser interviews Yanis Varoufakis from YanisVaroufakis.eu. He talks about the new Greek bailout package planned for September and on the Eurozone crisis.
www.euronews.net The 52nd Thessaloniki Film Festival was held as Greece was hitting the headlines because of the country's debt crisis and turmoil in the government. Stringent economies affected the festival but in spite of heavy budget cuts it staged a rich and eclectic programme, screening 150 ...
Economics Prof. David Hummels, Purdue University, shares insight into European debt crisis, specifically Greece.
More clashes on the streets of Athens as the Greek Government imposes another round of austerity measures in a bid to ease the country's economic woes. The policies will ensure Greece receives yet more financial aid from its European lenders but at what price to the Greek people? The measures put...
