The Greek government has imposed new austerity measures, including raising sales taxes and cutting pay for civil servants, to help fix its budgetary crisis. For more on the impact of this major financial issue in the eurozone, Daljit Dhaliwal speaks with Peter Coy, the economics editor for Bloomberg BusinessWeek. And our German partner Deutsche Welle reports.
All Posts Tagged With: "Greece"
March 3, 2010
Greeks struggle with draconian cutbacks
February 25, 2010
Wall Street firms play a role in Greece’s financial crisis
Federal Reserve Chairman Ben Bernanke said today he is looking into whether Goldman Sachs and other Wall Street firms may have helped push Greece toward a ruinous level of debt through the use of credit default swaps. For more, Martin Savidge speaks with Roben Farzad, a senior writer for Bloomberg BusinessWeek.
February 25, 2010
Bloggers weigh in on Greek economic woes
Greece is continuing its struggle against debt that is threatening the entire eurozone economy. U.S. and European stocks fell amid concern that Greece will not be able to meet its budget deficit targets. We offer a wrap-up of online commentary.
February 24, 2010
Economic contagion spreads throughout Eurozone
A wave of unrest is building across Europe, as governments there seek to impose austerity measures. Several European countries -- Greece, Spain and Ireland -- are deeply in debt and under intense pressure to slash spending. For more, Martin Savidge interviews John Authers, and Deutsche Welle reports from around Europe.
February 12, 2010
Week in Review: Debt crisis in Greece and Iran’s nukes
In this week's roundtable discussion, we focus on Europe's economic challenges, including the debt crisis in Greece that has many Europeans worried about their common currency. We also focus on Iran and what the regime is trying to achieve by moving to a higher level of uranium enrichment. Carla Robbins and Garrick Utley join Daljit Dhaliwal.
February 5, 2010
Economic troubles in Eurozone may spread elsewhere
Lawmakers in Portugal today defeated a plan to cut government spending, adding to fears that financial crisis will spread across the region. Daljit Dhaliwal spoke with Marcus Mabry, international business editor of The New York Times, about a potential European financial meltdown.
February 5, 2010
Southern Eurozone countries risk defaulting on debt
Today there was another reminder of just how fragile the world economy remains. The budget deficits of Greece, Portugal and Spain -- nations that use the Euro -- exceed 8 percent of GDP and could impact the economic fortunes of countries far from Southern Europe. These governments risk defaulting on their debts by failing to control spending.
January 12, 2010
In Greece, technology offers new hope for the blind
For the second part of our series on disability around the world, Worldfocus producer Megan Thompson reports on a university in Greece using new technology to help blind people negotiate their surroundings.
January 11, 2010
Disabled Greeks face daily challenges getting around
It's been 20 years since Congress passed the Americans with Disabilities Act, guaranteeing disabled Americans protection under the law. That is not always the case in other countries. During a trip to Greece last summer, producer Megan Thompson met a young woman who showed her how challenging Athens life is in a wheelchair.
January 11, 2010
Making life easier for disabled people around the world
This week, Worldfocus is airing two Signature stories about handicapped issues in Greece. Tonight, we look at the challenges of being wheelchair-bound in Athens. And tomorrow night, we'll look at a new high-tech device being tested in Greece that helps visually disabled people be more mobile. Do you think enough is being done to help the disabled?













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