Tag: Greece

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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....
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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....
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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....
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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....
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Greeks turn abroad as economy at home shrinks and sputters

The Greek economy is in shambles and not really showing any signs of improving. That's led many to look abroad for opportunities — but a lot of times the landings abroad aren't much better. It's also put a crimp in the plans of many who'd gone abroad with hopes of one day returning....
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As Greeks protest, more talk of Greece leaving the eurozone

At this point, it's just talk, but more people are talking about what was once unthinkable. The only way for Greece's economy to recover may be to abandon the euro entirely and re-instate its own currency. But even if it does that, there will be no end to the short-term pain the country is facing....
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Greece on fire as protesters decry government's decision on austerity measures

Some 40 buildings were set ablaze as protesters in Athens, Greece, rallied in the streets to demand the government stop imposing more austerity measures on the country -- conditions that European finance ministers have insisted on in order to release the latest round of bailout funding....
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Europe debating how to restart economy, revive struggling euro

With the new year, the quiet that has enveloped the eurozone crisis is starting to break. There's rising worry about how to get the economy restarted, whether Greece will carry through with its promised cuts and whether the E.U. can keep the crisis contained....
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European leaders converge on Brussels in an effort to resolve crisis

France and Germany are trying to spur their fellow European leaders to make bold changes to European treaties in order to get economic stability in the eurozone....
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Concern over European debts shifts to Spain

With debt and government crisises in Italy and Greece making international news, people in Spain, as well as lenders, are worried that country will be the next to become financially instable....
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