Tag: debt
Dow, global markets tumble on Greek plan for referendum on financial reforms
The global stock markets fell precipitously Tuesday after the Greek Prime Minister announced the country would hold a referendum on the country's proposed austerity measures and the EU bailout....
Some Republicans open to idea of tax increases in deficit reduction deal
As the deadline nears for the debt reduction super committee to reach agreement on deficit reduction, some Republicans for the first time are allowing for the idea of using some tax increases to close the gap....
Europe gets behind unified plan to try to solve Euro crisis
With the European Union agreeing to a plan to bolster the EuroZone and hopefully avoid massive economic meltdown, question turns to what does this deal really mean?...
Greek people hit the streets to protest continued austerity measures
The people of Greece have hit the streets in increasing numbers recently, protesting the ever increasing austerity members they're facing, as well as the corruption in their country....
Greek debt crisis leaves heavy burden on family bonds
As Greeks deal with the persistent national crisis, the bonds of family are being tested as every struggles to even get by. Generations living under one roof, trying to get by on less and less money....
Transit strike sidelines Greeks on Monday
As the Greek government tries to get its budget deficits under control, another public sector strike rippled through the country on Monday....
US frustrated with Eurozone's handling of Greek debt crisis
Germany and France have said they'll help Greece, as the United States urges Europe to figure it out....
S&P downgrades US credit rating to AA+
The US credit rating downgrade by S&P brought condemnation from government officials, and fears of market turmoil....
Debt ceiling outcome's effect on the middle-class
The changes being discussed in Washington will have a profound impact on the incomes and lifestyles of middle-class Americans....
Will the Greek debt crisis crash the global economy?
European countries soon will likely bail out Greece, paying massive amounts of money to stave off a default. Will Greece's problems spread throughout the world?...
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