economic crisis

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economic crisis


Why Greece is Targeting Tax Evaders

Euro banknotes (Illustration: Andrew Netzler)

Greece is hurting financially and the new interim government think it has a solution: go after tax evaders.

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Greek Parents Losing Children to Poverty

The Greek economic crisis has left many people jobless and with very little to survive on.

Charities in Greece say parents are increasingly asking the groups to take in their children because they are too poor to raise them.

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Europe’s Continuing Debt Crisis

Euros (Photo: aranjuez1404/Flickr)

The European debt crisis has engulfed the 17 countries that use the euro and is already having an impact on this side of the Atlantic.

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Greek Home Owners Get Hit With Emergency Property Tax

Greek Flag (Photo: Oscar Alexander/Flickr)

The cash-strapped Greek government is hoping to raise 2 billion euros by the end of the year through an emergency property tax which has been added to homeowner’s electricity bills.

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Lucas Papademos: The New Man In Greece

Lucas Papademos (Photo: Greek Finance Ministry/Wiki Commons)

Former European Central Bank vice-president Lucas Papademos has been named as Greece’s new prime minister, following days of negotiations. Papademos said he was taking over at a “critical point” for Greece.

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The Oligarchs of Greece

Greek Flag (Photo: Oscar Alexander/Flickr)

Greece’s powerful oligarchs exert influence over business, finance and media. And the government sees the oligarchs as some of the biggest tax evaders in Greece.

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Greeks Fed Up With Austerity

oxi = no (Photo: Oxi/Facebook)

Many Greeks have had enough of the austerity measures intended to keep the country from defaulting. Some of them are starting to say “No.”

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Greece on Strike

General Strike in Greece (Photo: Clark Boyd)

The Greek government is planning more cut-backs, but public sector workers say they’re already reeling from wage cuts and other austerity measures.

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How Greece Connects to the 2008 Wall Street Meltdown

Protest march in Athens (Photo: Nick Krapsis/Flickr)

Richard Parker has been advising Greek Prime Minister George Papandreou. He tells host Lisa Mullins that Greek’s fiscal crisis is not an isolated event, but the ongoing echo of the 2008 Wall Street meltdown.

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Greek Humor in Times of Crisis

Lost Bodies (Photo: http://lostbodies.gr)

Amid all the economic doom and gloom coming from Greece these days, you’d think the Greeks don’t have much to laugh about. But actually, humor is alive and well in Greece, and it’s helping many cope with some dark times.

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General Strike in Greece Protesting Austerity Measures

Greek Police (Photo: BBC)

A 24-hour general strike is under way in Greece in protest at the nation’s austerity measures.

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Greece Aid Package boosts markets

European Central Bank (Photo: BBC)

Eurozone leaders agreed a new bailout package worth $155 billion.

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Europe Berates Raters

Euro banknotes (Illustration: Andrew Netzler)

European leaders say the existing agencies have too much power and are adding to the so-called euro-zone’s debt crisis.

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Eurozone crisis continues

Euro banknotes (Illustration: Andrew Netzler)

European leaders are debating what to do next to protect the financial markets from further instability.

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Greece Adopts Key Austerity Package

Protests in Athens (BBC Video)

A nationwide 48-hour strike is under way and violent clashes are continuing.

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