debt

German Chancellor Angela Merkel listens to a speaker prior to a vote on Greece's third bailout programme, during a session of Germany's parliament, the Bundestag, in Berlin, Germany, August 19, 2015.

Germany approves a third Greek bailout, but the crisis is not over

Economics

The German Parliament today agreed to a $95 billion bailout for Greece. That’s a rare piece of good news for the country. But the Greeks aren’t rejoicing yet, as they face harsh, new taxes.

A man walks past pictures of ancient coins in central Athens

Pessimism and optimism in Greece after the latest bailout deal

Economics
A vendor gets a five Euro bank note from a customer at the central market in Athens, Greece, July 8, 2015.

How the cash crisis in Greece is affecting ordinary people

Economics
European Central Bank President Mario Draghi, French President Francois Hollande, Spanish Prime Minister Mariano Rajoy, Greek Prime Minister Alexis Tsipras and Italian Prime Minister Matteo Renzi take part in a euro zone EU leaders emergency summit.

Nobody can agree on what Europe’s future holds

Global Politics
Sally Teixeira studied to be a medical administrative assistant, but she now works at a deli in Cambridge, Mass.

Did college mislead students? They wait, hoping for debt relief.

Education
The head of radical leftist Syriza party Alexis Tsipras speaks to supporters after winning the elections in Athens January 25, 2015

Why Greek voters bucked Europe, backed an anti-austerity party

Economics

Voters in Greece have thrown their support behind Alexis Tsipras, the leader of a left-wing, anti-austerity party called Syriza. Tsipras says his first task as prime minister will be to renegotiate the tough economic measures imposed on Greece by the Eurozone, the International Monetary Fund and the European Central Bank. Tsipras says he wants to give Greeks their dignity back.

A man looks at a poster placed on an advertising board that reads "Yesterday, Braden or Peron - Today: Griesa or Cristina", in Buenos Aires on July 29, 2014. Argentine debt negotiators held talks in New York on Tuesday with the U.S. mediator in the South

The new Argentine debt crisis resurrects painful memories and fears of economic disaster

Economics

Argentina defaulted for the second time in 13 years after last-ditch talks with US hedge funds collapsed. Many Argentines worry that unless a deal is reached, another default could crash the peso and lead to inflation and unemployment.Argentina defaulted for the second time in 13 years after last-ditch talks with US hedge funds collapsed. Many Argentines worry that unless a deal is reached, another default could crash the peso and lead to inflation and unemployment.