Greece, European Debt | featured news

Greeks set new strikes, economy firmly in recession

Greek unions announced on Wednesday that they would stage a 24-hour nationwide strike on May 20, the second major protest against tough austerity measures pledged in exchange for billions of euros in aid.

 

Euro zone agrees emergency steps to contain crisis

Euro zone agrees emergency steps to contain crisis

Euro zone leaders decided on Friday they have special measures ready before financial markets open on Monday to prevent financial turmoil in Greece spreading to other countries such as Spain and Portugal.

 

After Mon. dip, Dow ends day back over 10K

The Dow Jones industrial average jumped back above 10,000 on hope that the European Union will help Greece manage its growing debt burden.

 

Subscribe to this RSS topic: Syndicate content