Tag: economy
At Greek winery, signs of economic crisis are few and far between
Dimitrios Georgas' winery is an oasis of economic security in Greece. He makes just 50,000 bottles of wine each year, sells direct to consumers whenever possible and lives a simple life....
German man trying to popularize Greek wines on export market
As Greece's economy struggles to come back to life, one German is doing his part to get things going. He's long been a connoisseur of wine and eight years ago he moved to Greece to get involved in that country's wine market. Now he's trying to bring Greek wine to the world....
Spanish farmers faced with ruinous tax hikes
As Spain's economy roared, Spanish farmers were able to sell their land for giant profits. But when the economy tanked, farmers who were poised to sell the land were stuck with higher tax bills and no one looking to build new developments....
Malay parents struggling to find schools that will teach their children English
Malay is the national language in Malaysia, but English used to be widely used as well in the former British colony. Now, as use of English diminishes, some parents are worried their sons and daughters won't be as competitive in a global work force. So they're left to find schools that will still teach them in English....
Former leader of Iceland put on trial for economic crisis
Geir Haarde is thought to be the first world leader to be put on trial for his role in his country's 2008 economic crisis. The trial of the former Iceland prime minister started on Monday....
Educated, well-to-do Indians try out living on $2 per day
Across large swatch of the world, many people live on the local equivalent of $2 per day. It's an amount so small that it's hard for many who don't live in that kind of poverty to really imagine. So two Indians who have advanced degrees and experience from the United States tried it out and documented their experiences....
German Parliament OKs more bailout funds for Greece
As Greece continues to try and arrest its economic decline, Germany OK'd another $170 billion worth of bailout funds to keep the government operating, to prevent the country from going bankrupt and to keep Greece in the eurozone....
Obama's proposed budget cuts funding for rescuing animals, like dolphins beaching on Cape Cod
In the past five weeks, 178 dolphins have beached themselves on Cape Cod. This unprecedented behavior has strained the resources of local rescue teams responding to the situation. The rescue teams working around the clock to save the struggling mammals rely heavily on government funds to support their efforts....
Homelessness, unemployment remain as Greece again narrowly avoids default
The austerity measures that Greece agreed to in order to receive its latest round of bailout funds are likely to only prolong the misery of Greeks who find themselves without jobs and without a place to live....
Statistically, Kosovo's economy is booming — but residents can't tell
On paper, Kosovo's economy is growing faster than any other country in Europe. But that's due in large part to Kosovars living abroad and sending money to family back home. Take that out and the economy stumbles....
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