Showing Archived Posts

Eurozone Unemployment Reaches Record High

Posted January 8th, 2013 at 6:20 am (UTC-5)
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The unemployment rate across the eurozone has reached a record high of 11.8 percent. Joblessness figures released Tuesday by the European Union showed the rate for November 2012 had crept up a tenth of a percent in October of the same year. The report shows nearly 19 million people were unemployed in the countries using […]

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Russia Calls On Poland To Prevent Football Violence

Posted June 13th, 2012 at 4:15 pm (UTC-5)
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Russia has called on Poland to prevent more violence during the Euro 2012 football championship. The Russian Foreign Ministry issued a statement following violent clashes earlier this week between Polish and Russian fans in Warsaw. Russian President Vladimir Putin on Wednesday expressed his concern about the clashes, saying the event organizers bear the responsibility for […]

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Greek Election a Referendum on Its Eurozone Membership

Posted June 13th, 2012 at 11:45 am (UTC-5)
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Greece’s parliamentary elections on Sunday have effectively become a referendum — will Athens keep its eurozone membership or become the first to quit the 17-nation currency bloc? It is a simple question, but one with potentially far-reaching implications for Greece, the rest of Europe and the world economy. The Greek government has piled up debt […]

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184 Arrested in Poland During Euro 2012 Violence

Posted June 13th, 2012 at 11:30 am (UTC-5)
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Polish police have detained 184 people involved in clashes between Russians and Poles before and during their match at the 2012 Euro Football championship in Warsaw. The first clashes took place Tuesday during a march by thousands of Russian fans to National Stadium for “Russia Day,” which marks the fall of the Soviet Union. Violent […]

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Greek Election a Referendum on Its Eurozone Membership

Posted June 13th, 2012 at 7:45 am (UTC-5)
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Greece’s parliamentary elections on Sunday have effectively become a referendum — will Athens keep its eurozone membership or become the first to quit the 17-nation currency bloc? It is a simple question, but one with potentially far-reaching implications for Greece, the rest of Europe and the world economy. The Greek government has piled up a […]

Tags: , , Posted in Economy, Europe

Poland, Greece Tie in Euro 2012 Football Championship

Posted June 8th, 2012 at 2:30 pm (UTC-5)
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Poland and Greece have battled to a 1-1 draw in the opening match of the Euro 2012 football championship series. The two teams squared off Friday at 100,000-seat National Stadium in Warsaw, Poland. Poland took a 1-0 lead on a header by Robert Lewandowski in the 17th minute. But Greece’s Dimitris Salpingidis knocked in a […]

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Euro 2012 Football Championship Kicks Off

Posted June 8th, 2012 at 12:20 pm (UTC-5)
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The Euro 2012 football championship series has kicked off before a packed crowd in the 100,000-seat National Stadium in Warsaw, Poland. Fans, wearing mainly the red and white of Poland, are witnessing the opening match between Poland and Greece. Russia and the Czech Republic will square off in the other match later Friday. Poland and […]

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Euro 2012 Football Championship Kicks off Friday

Posted June 8th, 2012 at 11:00 am (UTC-5)
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Fans are filing into the 100,000-seat National Stadium in Warsaw, as Poland and Greece prepare to kick off Friday in the Euro 2012 football championship series. Poland and Ukraine are co-hosting the 16-nation championship, which will be decided on July 1 in Kyiv. Russia and the Czech Republic will square off in the other match […]

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Euro 2012 Football Championship Kicks off Friday

Posted June 8th, 2012 at 9:50 am (UTC-5)
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Fans are filing into the 100,000-seat National Stadium in Warsaw, as Poland and Greece prepare to kick off Friday in the Euro 2012 football championship series. Poland and Ukraine are co-hosting the 16-nation championship, which will be decided on July 1 in Kyiv. Russia and the Czech Republic will square off in the other match […]

Tags: , Posted in Europe

Euro Zone Assessing Possible Greek Exit

Posted May 23rd, 2012 at 9:05 pm (UTC-5)
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Sixteen nations in the euro currency union have started to assess what financial complications might occur if debt-ridden Greece leaves the monetary compact. Even as they voice the hope that Greece stays in the eurozone, European leaders have in recent days increasingly discussed the possibility that the Athens government may end its euro alliance and […]

Tags: , , , , , Posted in Europe

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