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Greece Reaches Accord on Austerity Demands from Its Lenders

Posted February 9th, 2012 at 12:00 pm (UTC-5)
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Greek lawmakers say they have reached an accord on austerity measures demanded by international lenders so the country can secure another bailout and avoid defaulting next month on its financial obligations. After an all-night negotiating session that ended early Thursday, Greek political leaders remained deadlocked on the extent of pension cuts for retirees, while agreeing […]

Tags: , , , , Posted in Economy, Europe

Greece Reaches Accord on Austerity Demands from Its Lenders

Posted February 9th, 2012 at 10:00 am (UTC-5)
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Greek lawmakers say they have reached an accord on austerity measures demanded by international lenders so the country can secure another bailout and avoid defaulting next month on its financial obligations. After an all-night negotiating session that ended early Thursday, Greek political leaders remained deadlocked on the extent of pension cuts for retirees, while agreeing […]

Tags: , , , , Posted in Economy, Europe

Greek Party Leaders Move Closer to Deal on More Spending Cuts

Posted February 9th, 2012 at 2:15 am (UTC-5)
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Talks between Greek political leaders on whether to accept the EU demand for more spending cuts broke up early Thursday with only one outstanding issue remaining. The heads of the three political parties that make up the coalition government must agree on the spending cuts before the European Union and International Monetary Fund grants another […]

Tags: , , Posted in Europe

Greek Party Leaders Move Closer to Deal on More Spending Cuts

Posted February 8th, 2012 at 8:50 pm (UTC-5)
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Talks between Greek political leaders on whether to accept the EU demand for more spending cuts broke up early Thursday with only one outstanding issue remaining. The heads of the three political parties that make up the coalition government must agree on the spending cuts before the European Union and International Monetary Fund grants another […]

Tags: , , , Posted in Europe

Winter Tightens Icy Grip Across Europe

Posted February 8th, 2012 at 12:40 pm (UTC-5)
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A brutal cold front blamed for hundreds of deaths across Europe is forecast to linger even longer. High winds whipped across Russia’s Krasnodar region Wednesday, churning water in the port city of Novorossiysk, tearing apart buildings and causing some roofs to collapse. Hundreds of villages – and tens of thousands of people – have been […]

Tags: , , , , Posted in Europe

Winter Tightens Icy Grip Across Europe

Posted February 8th, 2012 at 10:50 am (UTC-5)
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A brutal cold front blamed for hundreds of deaths across Europe is threatening to linger even longer. High winds whipped across Russia’s Krasnodar region Wednesday, churning water in the port city of Novorossiysk, tearing apart buildings and causing some roofs to collapse. Heavy snow also blanketed the Georgian capital of Tbilisi, freezing roads and lakes. […]

Tags: , , Posted in Europe

Greek Lawmakers Deciding Whether to Accept New Austerity Pact

Posted February 8th, 2012 at 10:20 am (UTC-5)
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Debt-ridden Greece is facing a final decision whether to adopt steep new austerity measures to ease its precarious financial state and avoid a default on its loans next month. Greek lawmakers representing socialist, conservative and far-right political parties met Wednesday to consider a 50-page plan negotiated with the country’s international creditors. It would cut Greece’s […]

Tags: , , Posted in Economy

Greek Police Clash with Striking Workers Protesting Austerity Measures

Posted February 7th, 2012 at 3:55 pm (UTC-5)
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Greek police clashed Tuesday with some of the thousands of striking workers in Athens protesting the latest austerity measures the government is seeking to impose to meet the demands of the country’s international creditors. Some demonstrators charged the steps of parliament and threw rocks at police, who fired tear gas at the protesters and hit […]

Tags: , , , , Posted in Economy

Greek Police Clash with Striking Workers Protesting Austerity Measures

Posted February 7th, 2012 at 1:05 pm (UTC-5)
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Greek police clashed Tuesday with some of the thousands of striking workers in Athens protesting the latest austerity measures the government is seeking to impose to meet the demands of the country’s international creditors. Some demonstrators charged the steps of parliament and threw rocks at police, who fired tear gas at the protesters and hit […]

Tags: , , , , Posted in Economy

Cold Snap Slugs Europe; Thaw a Threat

Posted February 7th, 2012 at 11:35 am (UTC-5)
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The death toll is rising in Europe where bitterly cold air has slammed much of the continent, bringing high winds and heavy snowfall. Poland Tuesday reported another six deaths due to freezing temperatures, while officials across central and eastern Europe say hundreds of villages – and tens of thousands of people – have been cut […]

Tags: , , Posted in Europe

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