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Europe Finance Ministers Expected to Approve New Bailout for Greece

Posted February 20th, 2012 at 5:10 am (UTC-5)
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Finance ministers from countries that use the euro currency are expected to approve a new $171 billion bailout for Greece when they meet in Brussels Monday. U.S. Treasury Secretary Timothy Geithner said Sunday that Greece has passed a very strong and difficult package of reforms that deserves the international community’s support. He said the United […]

Tags: , , Posted in Economy, Europe

Greeks Protest Ahead of Bailout Vote

Posted February 20th, 2012 at 12:20 am (UTC-5)
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Thousands of Greeks have protested in Athens against massive spending and salary cuts as European Union officials get ready to vote on a new bailout for the debt-crippled nation. Sunday’s protests were generally peaceful. But a group of youths broke away from the main march and threw rocks and bottles at riot police, who responded […]

Tags: , , , , , Posted in Economy, Europe

Greeks Protest Ahead of Bailout Vote

Posted February 19th, 2012 at 6:15 pm (UTC-5)
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Thousands of Greeks have protested in Athens against massive spending and salary cuts as European Union officials get ready to vote on a new bailout for the debt-crippled nation. Sunday’s protests were generally peaceful. But a group of youths broke away from the main march and threw rocks and bottles at riot police, who responded […]

Tags: , , , Posted in Europe

Robbers Steal Olympic Artifacts from Greek Museum

Posted February 17th, 2012 at 10:05 pm (UTC-5)
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Greek police say armed robbers have stolen about 60 ancient artifacts from a museum in Olympia. The city’s mayor, Efthimios Kotzas, told reporters that two masked assailants overpowered a museum guard Friday and seized valuable bronze and pottery artifacts from the museum dedicated to the ancient Olympic games. “Two armed assailants went in during the […]

Tags: , , , , , Posted in Europe

Robbers Steal Olympic Artifacts from Greek Museum

Posted February 17th, 2012 at 9:10 pm (UTC-5)
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Greek police say armed robbers have stolen about 60 ancient artifacts from a museum in Olympia. The city’s mayor, Efthimios Kotzas, told reporters that two masked assailants overpowered a museum guard Friday and seized valuable bronze and pottery artifacts from the museum dedicated to the ancient Olympic games. “Two armed assailants went in during the […]

Tags: , , , , , Posted in Europe

Robbers Steal Olympic Artifacts from Greek Museum

Posted February 17th, 2012 at 7:15 am (UTC-5)
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Greek police say armed robbers stole at least 60 ancient artifacts from a museum in Olympia early Friday. Police say the thieves overpowered a museum guard Friday and seized valuable bronze and pottery artifacts from the museum. Authorities are have not attached a dollar value to the theft. A search continues for the robbers. Ancient […]

Tags: , , , Posted in Europe

Greeks Riot as Parliament Passes Austerity Measures

Posted February 12th, 2012 at 7:00 pm (UTC-5)
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The Greek parliament has approved a new package of spending and job cuts demanded by international lenders, bringing Greece closer to a new badly needed bailout. Lawmakers passed the plan late Sunday after protesters burned buildings, smashed windows and pelted police with rocks and gasoline bombs. Police attacked the rioters with tear gas. Around 100,000 […]

Tags: , , , , Posted in Europe

Greeks Riot as Parliament Debates Austerity Measures

Posted February 12th, 2012 at 6:00 pm (UTC-5)
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Greek protesters burned buildings, smashed windows and pelted police with rocks and gasoline bombs Sunday while parliament debated more spending cuts demanded by international lenders. Police say around 100,000 protesters marched through Athens and the second largest city, Thessaloniki. At least 10 buildings in Athens were set on fire, including movie theaters, cafes and banks. […]

Tags: , , , , Posted in Europe

Greek Parliament to Vote on Austerity Measures

Posted February 12th, 2012 at 11:50 am (UTC-5)
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Greece’s parliament on Sunday began debating draft austerity measures demanded by the European Union in exchange for a new bailout loan. The lawmakers are expected to vote on the measure later Sunday or early Monday. The Greek Cabinet approved a draft of the austerity bill late Friday. If passed, it will authorize Prime Minister Lucas […]

Tags: , , , , Posted in Europe

Greek Leaders Push for Cuts; Anguish on the Streets

Posted February 11th, 2012 at 7:40 pm (UTC-5)
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Greek leaders are issuing new pleas – and warnings – ahead of a crucial vote that will determine whether Europe comes to the rescue with another bailout loan. In a televised address on Saturday, Prime Minister Lucas Papademos defended the thousands of job cuts, drop in the minimum wage and other austerity measures that would […]

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