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.
All Posts Tagged With: "debt"
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.
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.
Even though the euro zone is officially out of the recession, concerns over debt are growing. The tip of the iceberg is Greece, whose credit rating was recently downgraded after its deficit ballooned to four times the E.U. limit. Daljit Dhaliwal interviews Rana Foroohar about Europe's financial woes.