http://news.linktv.org Link TV News Videos (Filtered by topics: Bailout) en-us Fri, 17 May 2013 14:23:00 -0700 Copyright 2011 Link Media, Inc. http://news.linktv.org/videos/next-bailout-candidate-solvenia?start=0 Slovenia's long-term foreign currency rating has been cut by the Fitch ratings agency to triple-B and could dip further because of the nation's shaky banking sector. That means Slovenia could be the next eurozone nation to ask for a bailout. The Slovenian government is pressing ahead with an overhaul of the ailing banks in a bid to avoid that.&nbsp; Fri, 17 May 2013 14:23:00 -0700 http://news.linktv.org/videos/next-bailout-candidate-solvenia Bailout, Slovenia, Fitch Group, Currency, Politics of Slovenia, Euronews Slovenia's long-term foreign currency rating has been cut by the Fitch ratings agency to triple-B and could dip further because of the nation's shaky banking sector. That means Slovenia could be the next eurozone nation to ask for a bailout. The Slovenian government is pressing ahead with an overhaul of the ailing banks in a bid to avoid that. http://news.linktv.org/videos/ukraine-ruling-mps-form-breakaway-parliament-exclude-opposition?start=0 There were scenes of turmoil in Ukraine's parliament when MPs from the ruling majority walked out, fed up with opposition blocking tactics. But the Party of the Regions and their Communist allies continued to vote on laws, after setting up their own assembly in another building and banning the opposition from entering. Opposition leaders were furious, calling it a Soviet-style coup d'etat. The parliamentary speaker, though, said there was nothing illegal. "The MPs stressed that they have a constitutional majority and according to law I can open the session of parliament," Volodymyr Rybak told reporters. The sight of opposition MPs arguing to be allowed into parliamentary proceedings is an image unlikely to be well-received outside Ukraine. It comes as the government in Kiev is in the middle of negotiating a new IMF bailout of nearly 12-billion euros, and at the same time is trying to convince the European Union that the country is worthy of a free trade agreement. Our correspondent there, Angelina Kariakina, said: "The latest events in parliament not only endanger democratic processes in Ukraine, but also show that the parliamentary crisis has got deeper. And that could lead to the dismissal of parliament." Thu, 04 Apr 2013 16:24:00 -0700 http://news.linktv.org/videos/ukraine-ruling-mps-form-breakaway-parliament-exclude-opposition Verkhovna Rada, Politics of Ukraine, Ukraine, Volodymyr Rybak, Kiev, Party of Regions, Member of parliament, International Monetary Fund (IMF), Bailout, Coup d'état There were scenes of turmoil in Ukraine's parliament when MPs from the ruling majority walked out, fed up with opposition blocking tactics. But the Party of the Regions and their Communist allies continued to vote on laws, after setting up their own assembly in another building and banning the opposition from entering. Opposition leaders were furious, calling it a Soviet-style coup d'etat. The parliamentary speaker, though, said there was nothing illegal. "The MPs stressed that they have a constitutional majority and according to law I can open the session of parliament," Volodymyr Rybak told reporters. The sight of opposition MPs arguing to be allowed into parliamentary proceedings is an image unlikely to be well-received outside Ukraine. It comes as the government in Kiev is in the middle of negotiating a new IMF bailout of nearly 12-billion euros, and at the same time is trying to convince the European Union that the country is worthy of a free trade agreement. Our correspondent there, Angelina Kariakina, said: "The latest events in parliament not only endanger democratic processes in Ukraine, but also show that the parliamentary crisis has got deeper. And that could lead to the dismissal of parliament." http://news.linktv.org/videos/anger-protests-as-cyprus-bailout-deal-creates-uncertain-future?start=0 Banks in Cyprus remain closed despite a bailout deal the country's newly elected government signed with international creditors. Protests have followed the agreement which called for Popular Bank, the country's second biggest bank, to be closed down and the imposition of austerity measures. At the biggest lender, Bank of Cyprus, the chairman has handed in his resignation and the head office is being occupied by the bank staff. Al Jazeera's Simon McGregor Wood reports from the capital, Nicosia. Tue, 26 Mar 2013 10:59:00 -0700 http://news.linktv.org/videos/anger-protests-as-cyprus-bailout-deal-creates-uncertain-future 2012–2013 Cypriot financial crisis, Bank of Cyprus, Cyprus, Bailout, Economy of Cyprus, International Monetary Fund (IMF), European Union, Protest, Eurozone, Nicosia Banks in Cyprus remain closed despite a bailout deal the country's newly elected government signed with international creditors. Protests have followed the agreement which called for Popular Bank, the country's second biggest bank, to be closed down and the imposition of austerity measures. At the biggest lender, Bank of Cyprus, the chairman has handed in his resignation and the head office is being occupied by the bank staff. Al Jazeera's Simon McGregor Wood reports from the capital, Nicosia. http://news.linktv.org/videos/democracy-now-banks-looting-depositors-to-save-their-assets?start=0 Democracy Now takes a look at the stunning Cyprus deal that allows money to be to "snatched" from depositors' bank accounts, in the words of Prof. Richard Wolff. In exchange for a $13 billion Eurozone bailout, all bank deposits above $130,000 will be frozen and up to 40 percent of the funds will be used to help pay off the banking sector's debts. Wolff calls it "blackmail" to force people who had nothing to do with the crisis to pay for it. Banks, through the government, are "looting their own depositors" to save themselves, he charges. Mon, 25 Mar 2013 08:41:00 -0700 http://news.linktv.org/videos/democracy-now-banks-looting-depositors-to-save-their-assets Cyprus, 2012–2013 Cypriot financial crisis, Bailout, Eurozone, Economy of Cyprus, European sovereign debt crisis, Bank account, Bank, Deposit account, Democracy Now! Democracy Now takes a look at the stunning Cyprus deal that allows money to be to "snatched" from depositors' bank accounts, in the words of Prof. Richard Wolff. In exchange for a $13 billion Eurozone bailout, all bank deposits above $130,000 will be frozen and up to 40 percent of the funds will be used to help pay off the banking sector's debts. Wolff calls it "blackmail" to force people who had nothing to do with the crisis to pay for it. Banks, through the government, are "looting their own depositors" to save themselves, he charges. http://news.linktv.org/videos/cypriot-deposits-slashed-in-bailout-deal?start=0 A last-minute deal on a bailout for Cyprus' crippled banks has been reached, but could cost depositors with more than $130,000 in savings in the nation's staggering Laiki Bank up to 40 percent of their deposits. Laiki is being wound down so that the Bank of Cyprus can survive, but that bank will assume some of Laiki's liabilities, and its depositors will also take a hit. In turn, the eurozone will come through with a $13 billion bailout. &nbsp; Sun, 24 Mar 2013 22:25:00 -0700 http://news.linktv.org/videos/cypriot-deposits-slashed-in-bailout-deal 2012–2013 Cypriot financial crisis, Cyprus, Bailout, European sovereign debt crisis, Economy of Cyprus, Eurozone, Bank, Bank of Cyprus, Deposit account, Al Jazeera English A last-minute deal on a bailout for Cyprus' crippled banks has been reached, but could cost depositors with more than $130,000 in savings in the nation's staggering Laiki Bank up to 40 percent of their deposits. Laiki is being wound down so that the Bank of Cyprus can survive, but that bank will assume some of Laiki's liabilities, and its depositors will also take a hit. In turn, the eurozone will come through with a $13 billion bailout. http://news.linktv.org/videos/cypriots-dejected-as-clock-ticks-on-bailout-deal?start=0 As the Cypriot leader meets with eurozone finance ministers for last-ditch talks to secure a 10 billion euro bailout, a pervading sense of gloom has affected the mood throughout the country. Cypriots are still reeling from shock over the dire situation which may result in Cyprus leaving the eurozone. Sun, 24 Mar 2013 09:13:00 -0700 http://news.linktv.org/videos/cypriots-dejected-as-clock-ticks-on-bailout-deal 2012–2013 Cypriot financial crisis, Cyprus, European Union, Finance minister, Economy of Cyprus, Bailout, Eurozone, European sovereign debt crisis, Nicosia, Global Financial Crisis As the Cypriot leader meets with eurozone finance ministers for last-ditch talks to secure a 10 billion euro bailout, a pervading sense of gloom has affected the mood throughout the country. Cypriots are still reeling from shock over the dire situation which may result in Cyprus leaving the eurozone. http://news.linktv.org/videos/first-domino-to-fall-cyprus-just-hours-from-bankruptcy?start=0 The Cypriot government says the next few hours will determine the future of the country. Politicans are to debate how to stop the country from going bankrupt. The European Central Bank says they have until Monday to figure out how to raise more than $7bn, before lenders cut emergency funding. Al Jazeera's Jonah Hull reports from Nicosia. Fri, 22 Mar 2013 09:18:00 -0700 http://news.linktv.org/videos/first-domino-to-fall-cyprus-just-hours-from-bankruptcy 2012–2013 Cypriot financial crisis, Cyprus, European sovereign debt crisis, Bailout, Economy of Cyprus, Bankruptcy, Politics of Cyprus, Bank of Cyprus, Central Bank of Cyprus, Nicos Anastasiades The Cypriot government says the next few hours will determine the future of the country. Politicans are to debate how to stop the country from going bankrupt. The European Central Bank says they have until Monday to figure out how to raise more than $7bn, before lenders cut emergency funding. Al Jazeera's Jonah Hull reports from Nicosia. http://news.linktv.org/videos/bank-crisis-blindsides-ordinary-cypriots?start=0 As officials in the EU and Russia debate the fate of their economy, people in Cyprus are wondering what hit them, Euronews finds. The crisis caused by an inflated financial sector has left them scrambling to save what cash they can before a potential banking collapse.<br /> Fri, 22 Mar 2013 05:58:00 -0700 http://news.linktv.org/videos/bank-crisis-blindsides-ordinary-cypriots Cyprus, 2012–2013 Cypriot financial crisis, Economy of Cyprus, European Union, Bailout, Eurozone, European sovereign debt crisis, Global Financial Crisis, Euronews As officials in the EU and Russia debate the fate of their economy, people in Cyprus are wondering what hit them, Euronews finds. The crisis caused by an inflated financial sector has left them scrambling to save what cash they can before a potential banking collapse. http://news.linktv.org/videos/cyprus-banking-freeze-continues-as-crisis-deepens?start=0 In Cyprus, banks are set to stay closed all week: until next Tuesday in fact, as the hunt continues for a bailout which Cypriots will accept, to stave off bankruptcy. Wed, 20 Mar 2013 14:27:00 -0700 http://news.linktv.org/videos/cyprus-banking-freeze-continues-as-crisis-deepens Cyprus, Economy of Cyprus, Bailout, European Union, International Monetary Fund (IMF), Eurozone, European sovereign debt crisis, Bank run, Nicos Anastasiades, Global Financial Crisis In Cyprus, banks are set to stay closed all week: until next Tuesday in fact, as the hunt continues for a bailout which Cypriots will accept, to stave off bankruptcy. http://news.linktv.org/videos/fear-and-fury-cyprus-financial-crisis-threatens-future-of-eurozone?start=0 Cypriots are holding their breath for a make or break bailout decision amid warnings of a slide into bankruptcy or crash out of the euro. Cyprus has postponed a vote on a planned one-off tax on depositors' savings accounts central to a eurozone bailout of the country's troubled banking system until March 19. Al Jazeera's Peter Sharp reports from Nicosia. Mon, 18 Mar 2013 12:52:00 -0700 http://news.linktv.org/videos/fear-and-fury-cyprus-financial-crisis-threatens-future-of-eurozone Cyprus, European sovereign debt crisis, Economy of Cyprus, Bailout, Nicos Anastasiades, Eurozone, Nicosia, Bankruptcy, Savings account, Bank run Cypriots are holding their breath for a make or break bailout decision amid warnings of a slide into bankruptcy or crash out of the euro. Cyprus has postponed a vote on a planned one-off tax on depositors' savings accounts central to a eurozone bailout of the country's troubled banking system until March 19. Al Jazeera's Peter Sharp reports from Nicosia. http://news.linktv.org/videos/cypriots-cry-foul-over-personal-savings-bailout-tax?start=0 Cypriots are furious with government plans to take some of their savings to part-fund a bailout of the country's banks. The EU and IMF are lending 13 billion dollars to Cyprus and insist ordinary Cypriots must contribute to the bailout. Sun, 17 Mar 2013 11:47:00 -0700 http://news.linktv.org/videos/cypriots-cry-foul-over-personal-savings-bailout-tax Bailout, European Union, European sovereign debt crisis, Cyprus, Eurozone, Savings account, Nicosia, Economy of Greece, Bank, Al Jazeera English Cypriots are furious with government plans to take some of their savings to part-fund a bailout of the country's banks. The EU and IMF are lending 13 billion dollars to Cyprus and insist ordinary Cypriots must contribute to the bailout. http://news.linktv.org/videos/greece-gets-lifeline-after-marathon-talks?start=0 European finance ministers and the International Monetary Fund have reached a deal on an urgently needed bailout of up to 44 billion euros for struggling Greece after 12 hours of talks on measures to reduce Greek debt by 40 billion euros by 2020. "It has been a very difficult deal," said&nbsp;Eurogroup President Jean Claude Juncker. "It required very significant efforts by each and every stake holder."&nbsp; Tue, 27 Nov 2012 00:16:00 -0800 http://news.linktv.org/videos/greece-gets-lifeline-after-marathon-talks Jean-Claude Juncker, International Monetary Fund (IMF), Euro Group, Greece, Bailout, Austerity, Euro, Eurozone, Economy of Greece, Finance minister European finance ministers and the International Monetary Fund have reached a deal on an urgently needed bailout of up to 44 billion euros for struggling Greece after 12 hours of talks on measures to reduce Greek debt by 40 billion euros by 2020. "It has been a very difficult deal," said Eurogroup President Jean Claude Juncker. "It required very significant efforts by each and every stake holder." http://news.linktv.org/videos/mosaic-news-111312?start=533 <p>Mauritanian parliament convenes amid presidential power vacuum, Taliban resumes peace talks with US as attacks on NATO troops surge in Afghanistan, a look back at Yasser Arafat's legacy as investigation into his death continues, and more.</p> Tue, 13 Nov 2012 00:00:00 -0800 http://news.linktv.org/videos/mosaic-news-111312 Syrian Civil War, Taliban, United States, Palestinians, Israel, Afghanistan, Syria, Iran, Ra's al-'Ayn, Arab League Israeli taxpayers will spend three billion shekels to bail out the Israel Electric Corporation. The Knesset Finance Committee approved the Treasury's decision to pay off the debt run up by the public utility company, and will immediately hand over one billion shekels, with another two billion set to be allocated in 2013. The Treasury says that if it failed to come up with the money, the public would have to have paid much higher prices out of pocket for electrical costs. The Finance Committee has conditioned the bailout on the IEC's implementation of a long-awaited reform designed to improve the corporation's efficiency. http://news.linktv.org/videos/ohios-auto-industry-saved-by-obama-divided-at-the-polls?start=0 The auto industry is an important part of the US state of Ohio's economy. One out of every eight working people in the midwestern state are employed by the automotive industry. Barack Obama, US president's auto industry bailout was seen as a boon to many businesses associated with the industry in the midwestern state -- but, perhaps surprsingly, not every auto worker supports the incumbent in today's election. <br /> Tue, 06 Nov 2012 10:53:00 -0800 http://news.linktv.org/videos/ohios-auto-industry-saved-by-obama-divided-at-the-polls US presidential election, 2012, Barack Obama, Ohio, Automotive industry crisis of 2008–2010, Politics of the United States, Mitt Romney, Bailout, Lordstown, Ohio, Automotive industry, General Motors The auto industry is an important part of the US state of Ohio's economy. One out of every eight working people in the midwestern state are employed by the automotive industry. Barack Obama, US president's auto industry bailout was seen as a boon to many businesses associated with the industry in the midwestern state, but not every auto worker supports the incumbent. Bill Steere, owner of an auto manufacturer who was greatly aided by the Democratic president's bailout, says he will be supporting Obama's Republican rival in the election. Steere asks: Are future decisions going to be made, how are those going to impact me going forward? I think the answer for me is that it's not going in the right direction. However, Dave Green, a local union president, says an Obama presidency is more friendly to the working class and organisations like his: He at least believes we are the fabric of what this country is. Mitt Romney wants to take that fabric out. And we don't need unions anymore, so the attack on labor come Wednesday if we lose this thing ... we are not going to be able to grow, we are just going to fight and protect what we have. Al Jazeera's Scott Heidler reports from Akron. http://news.linktv.org/videos/violent-clashes-in-athens-as-latest-general-strike-paralyzes-greece?start=0 The latest demonstrations against austerity measures in Greece have led to some clashes between protesters and police. Four thousand officers have been deployed to protect parliament and government ministries. Thousands of people have been gathering in central Athens amid a general strike, the second major walkout in three weeks. A 65-year-old activist at the demonstration died of an apparent heart attack. He was not thought to have been close to the main clashes with police. Many protesters want to send a clear message to EU leaders saying "no" to further austerity. Ships have stayed in port, public transport in the capital has been disrupted, hospitals have been operating on emergency-only, while public offices and many shops have remained closed. Several marches have been planned to coincide with the 24-hour stoppage, called by the two largest unions. Greece is planning 11.5 billion euros of cuts to secure its next batch of bailout aid. With the country due to run out of money next month, the government feels it has little choice but to implement the cuts which include a drastic reduction in welfare and health spending. <br /> Thu, 18 Oct 2012 09:22:00 -0700 http://news.linktv.org/videos/violent-clashes-in-athens-as-latest-general-strike-paralyzes-greece 2010-2012 Greek Protests, Greek government-debt crisis, Anti-austerity protests, Athens, Greece, General strike, Molotov cocktail, Riot police, Tear gas, Protest The latest demonstrations against austerity measures in Greece have led to some clashes between protesters and police. Four thousand officers have been deployed to protect parliament and government ministries. Thousands of people have been gathering in central Athens amid a general strike, the second major walkout in three weeks. A 65-year-old activist at the demonstration died of an apparent heart attack. He was not thought to have been close to the main clashes with police. Many protesters want to send a clear message to EU leaders saying "no" to further austerity. Ships have stayed in port, public transport in the capital has been disrupted, hospitals have been operating on emergency-only, while public offices and many shops have remained closed. Several marches have been planned to coincide with the 24-hour stoppage, called by the two largest unions. Greece is planning 11.5 billion euros of cuts to secure its next batch of bailout aid. With the country due to run out of money next month, the government feels it has little choice but to implement the cuts which include a drastic reduction in welfare and health spending. http://news.linktv.org/videos/vice-presidential-smackdown-full-biden-vs-ryan-debate?start=0 Vice President Joe Biden and Rep. Paul Ryan, went head-to-head in the 2012 vice presidential debate in Danville, Kentucky. Moderated by Martha Raddatz, the candidates talked about domestic and international issues, including the attacks on Libya, Medicare, taxes and the deficit, their Catholic faith, and the Afghanistan withdrawal. Fri, 12 Oct 2012 08:59:00 -0700 http://news.linktv.org/videos/vice-presidential-smackdown-full-biden-vs-ryan-debate Joe Biden, Paul Ryan, US presidential election, 2012, US presidential election debates, 2012, Medicare, Politics of the United States, 2012 US diplomatic missions attacks, Vice President of the United States, US economy, Running mate Vice President Joe Biden and Rep. Paul Ryan, went head-to-head in the 2012 vice presidential debate in Danville, Kentucky. Moderated by Martha Raddatz, the candidates talked about domestic and international issues, including the attacks on Libya, Medicare, taxes and the deficit, their Catholic faith, and the Afghanistan withdrawal. http://news.linktv.org/videos/merkels-symbolic-visit-angers-austerity-hit-greeks?start=0 Greeks who are angry about austerity measures being imposed on their country by the European Union and IMF in return for a financial bailout are protesting against a visit to Athens by Germany's Angela Merkel. But CNN's Mathew Chance says the German chancellor's visit to Greece demonstrates how much she wants to keep the eurozone together. Tue, 09 Oct 2012 09:28:00 -0700 http://news.linktv.org/videos/merkels-symbolic-visit-angers-austerity-hit-greeks 2010-2012 Greek Protests, Greek government-debt crisis, Angela Merkel, Greece, Anti-austerity protests, Eurozone, Athens, Riot police, International Monetary Fund (IMF), European Union Greeks who are angry about austerity measures being imposed on their country by the European Union and IMF in return for a financial bailout are protesting against a visit to Athens by Germany's Angela Merkel. But CNN's Mathew Chance says the German chancellor's visit to Greece exemplifies how much she wants to keep the eurozone together. http://news.linktv.org/videos/spanish-protestors-refuse-to-back-down-in-face-of-police-brutality?start=0 In response to police violence last week and in reaction to newly announced budget cuts, thousands took to Madrid's streets Saturday. The protest was dispersed by riot police who beat and detained demonstrators and journalists. Mon, 01 Oct 2012 09:18:00 -0700 http://news.linktv.org/videos/spanish-protestors-refuse-to-back-down-in-face-of-police-brutality 2011-2013 Spanish Protests, 2008-2013 Spanish financial crisis, Anti-austerity protests, Spain, Government spending, Madrid, Protest, Police brutality, Economy of Spain, Riot control Amid anti-austerity protests throughout Spain, the government announced more than USD$50 billion in cuts to public spending. In response to the police violence throughout last week and in reaction to the 2013 budget cuts, thousands converged outside the Spanish parliament on Saturday. As expected, the protest was eventually dispersed as riot police plowed into crowds of protesters and journalists, beating and detaining many along the way. http://news.linktv.org/videos/massive-greek-anti-austerity-protest-turns-violent?start=0 Greek police fired teargas at hooded protesters hurling stones, bottles, and petrol bombs, as tens of thousands took to the streets of Athens in the biggest anti-austerity protest in months. Wed, 26 Sep 2012 08:29:00 -0700 http://news.linktv.org/videos/massive-greek-anti-austerity-protest-turns-violent 2010-2012 Greek Protests, Greek government-debt crisis, Athens, Greece, Anti-austerity protests, European sovereign debt crisis, Greek Police, Tear gas, Parliament of Greece, Austerity Greek police fired teargas at hooded protesters hurling stones, bottles, and petrol bombs, as tens of thousands took to the streets of Athens in the biggest anti-austerity protest in months. Report by Sophie Foster. http://news.linktv.org/videos/pain-of-austerity-angry-greeks-face-yet-more-cuts?start=0 Greece's prime minister is trying to push through a new round of austerity measures in order to obtain a vital new cash injection from the EU. But obtaining consensus on where new cuts worth roughly 12 billion euros should come from is far from a done deal. Mon, 10 Sep 2012 10:36:00 -0700 http://news.linktv.org/videos/pain-of-austerity-angry-greeks-face-yet-more-cuts Greek government-debt crisis, Antonis Samaras, 2010-2012 Greek Protests, Greece, Thessaloniki, Austerity, Coalition government, Anti-austerity protests, European sovereign debt crisis, Eurozone Greek Prime Minister Antonis Samaras is trying to push a new round of austerity measures through parliament in order to obtain a vital new cash injection from the EU. But obtaining consensus on where the latest painful cuts should come from is far from a done deal, as leaders of the coalition government disagree about where to slash spending worth roughly 12 billion euros. Samaras's allies in the government objected to across-the-board cuts on wages and pensions and also criticized plans to trim disability benefits. At the same time, Greece's foreign lenders, who are currently in the country to assess its progress on meeting the bailout terms, also rejected parts of the austerity measures, with talks set to continue. But the fiercest opposition to the cuts have come from the Greeks themselves, as Peter Oliver reports. http://news.linktv.org/videos/fact-checking-paul-ryans-rnc-speech?start=0 Laying out the first plans for his party's presidential ticket, GOP vice presidential nominee Paul Ryan took some "factual shortcuts" Wednesday night when he attacked President Barack Obama's policies. Thu, 30 Aug 2012 11:49:00 -0700 http://news.linktv.org/videos/fact-checking-paul-ryans-rnc-speech 2012 Republican National Convention, Paul Ryan, Automotive industry crisis of 2008–2010, General Motors, Barack Obama, Patient Protection and Affordable Care Act, National Commission on Fiscal Responsibility and Reform, Medicare, Politics of the United States, Janesville, Wisconsin Laying out the first plans for his party's presidential ticket, GOP vice presidential nominee Paul Ryan took some "factual shortcuts" Wednesday night when he attacked President Barack Obama's policies. http://news.linktv.org/videos/greek-close-to-new-bailout-deal-but-at-what-cost?start=0 Greek leaders say they have broadly agreed the latest austerity package demanded by the EU and IMF in return for bailout cash. But some coalition members say they cannot agree to any cuts that will mean more pain for low-wage earners and pensioners. Wed, 29 Aug 2012 12:31:00 -0700 http://news.linktv.org/videos/greek-close-to-new-bailout-deal-but-at-what-cost Greek government-debt crisis, Antonis Samaras, Austerity, Greece, Evangelos Venizelos, Fotis Kouvelis, Economy of Greece, European Union, International Monetary Fund (IMF), Politics of Greece Greece's political leaders say they have broadly agreed the latest austerity package demanded by the EU and the International Monetary Fund in return for bailout money, with only a few "minor, technical" details still to be worked out. But some top members of the coalition government said they could not agree to cuts that will mean more pain for low-wage earners and pensioners. ---- Greece's finance minister Yannis Stournaras said: "The package will be sealed next week and presented to the troika." But leftist and Socialist allies - both under pressure from voters to oppose a new round of austerity - were more cautious on the work left to finalize the package. Fotis Kouvelis, leader of the moderate Democratic Left party that campaigned on an anti-bailout but pro-euro platform, said he would reject any wholesale cuts to wages and pensions and that poor Greeks on already low salaries must be protected. "We are trying to avert across-the-board cuts, which I categorically oppose," Kouvelis said after the leaders of the three parties in Greece's ruling coalition huddled together to discuss the plan. "Low-income earners must not bleed any further." Socialist leader Evangelos Venizelos said the party leaders would continue talks to ensure the cuts were "balanced and just" and did not "destroy the middle class". Previous austerity packages have plunged Greece into a depression with widespread unemployment and business closures. http://news.linktv.org/videos/greece-suffers-as-europes-financial-crisis-festers?start=0 While the world's attention was diverted by the Olympics, the war in Syria, and other news over the summer, Europe's economic crisis has continued to fester. VOA's Al Pessin reports that some experts say the situation is getting worse and requires immediate and strong action that leaders do not seem ready to take. Wed, 29 Aug 2012 10:29:00 -0700 http://news.linktv.org/videos/greece-suffers-as-europes-financial-crisis-festers Greek government-debt crisis, Antonis Samaras, European sovereign debt crisis, Global Financial Crisis, Greece, Austerity, Athens, Eurozone, European Union, Economy of Greece While the world's attention was diverted by the Olympics, the war in Syria, and other news over the summer, Europe's economic crisis has continued to fester. VOA's Al Pessin reports that some experts say the situation is getting worse and requires immediate and strong action that leaders do not seem ready to take. http://news.linktv.org/videos/after-2500-years-could-austerity-destroy-greeces-parthenon?start=0 As Greece wrestles with its financial crisis, the state budget for cultural heritage has been slashed leading to fears that unprotected historical sites could be looted or ancient treasures left to crumble. Mon, 20 Aug 2012 16:59:00 -0700 http://news.linktv.org/videos/after-2500-years-could-austerity-destroy-greeces-parthenon Greek government-debt crisis, Greece, Austerity, Athens, Economy of Greece, European sovereign debt crisis, Parthenon, Government budget, Bailout, Europe The threat to Greece's ancient monuments comes because the state budget for cultural heritage has been slashed and there are fears that unprotected sites could be looted or ancient treasures left to crumble. Greek finance officials on Monday held new talks on finalizing $14.19bn in spending cuts necessary for the country to continue receiving the international rescue loans that are protecting it from bankruptcy. Al Jazeera's Jacky Rowland reports from Athens. http://news.linktv.org/videos/democracy-now-august-14-2012?start=2804 VP candidate says his hometown of Janesville, Wisconsin is a microcosm for the economic woes facing the nation. But much of its recent economic recovery is thanks to money from President Obama's stimulus package and other federal grants. Tue, 14 Aug 2012 11:47:00 -0700 http://news.linktv.org/videos/democracy-now-august-14-2012 Syria, Syrian Civil War, Mohamed Morsi, Supreme Council of the Armed Forces, Mohamed Hussein Tantawi, Egypt, US presidential election, 2012, Mitt Romney, Politics of the United States, Zabadani With Republican Rep. Paul Ryan joining the Republican ticket for the White House, his hometown of Janesville, Wisconsin, is now in the national spotlight. Thousands have struggled with unemployment in Janesville since General Motors shut down its century-old plant there in 2008, causing mass layoffs. As the town tries to get back on its feet, Ryan has said Janesville has become a microcosm for the economic woes facing the nation. But much of its economic recovery is in fact due, in part, to money from President Obama's stimulus package and other federal grants. We speak to Brad Lichtenstein, director of the new documentary, "As Goes Janesville," which follows the lives of laid off GM workers who try to reinvent themselves through federally funded job training programs, or by moving to work at other GM factories that stayed open after the auto industry bailout. We also play excerpts and outtakes from the film, including interviews with Ryan that did not make the final cut. http://news.linktv.org/videos/raw-video-spains-jobless-protest-austerity-in-madrid?start=0 Hundreds of demonstrators from around Spain marched to Madrid to protest the country's near 25 percent unemployment rate and the government's tough austerity measures. Sun, 22 Jul 2012 09:14:00 -0700 http://news.linktv.org/videos/raw-video-spains-jobless-protest-austerity-in-madrid Madrid, 2011-2013 Spanish Protests, Unemployment, Spain, Anti-austerity protests, Protest, Austerity, 2008-2013 Spanish financial crisis, Bailout, Public sector Hundreds of demonstrators from around Spain marched to Madrid to protest the country's near 25 percent unemployment rate and the government's tough austerity measures. http://news.linktv.org/videos/as-new-austerity-protests-rock-spain-is-the-country-becoming-ungovernable?start=0 Eurozone ministers have approved a huge bailout of Spanish banks Friday. But, in Madrid, police fired rubber-coated bullets to disperse protesters. They are angry at the latest budget cuts and tax hikes, as demonstrations were held in 80 cities. Fri, 20 Jul 2012 14:57:00 -0700 http://news.linktv.org/videos/as-new-austerity-protests-rock-spain-is-the-country-becoming-ungovernable 2011-2013 Spanish Protests, 2008-2013 Spanish financial crisis, Anti-austerity protests, Spain, Austerity, Mariano Rajoy, Eurozone, Unemployment, Madrid, Public sector Eurozone ministers are expected to give their final approval of a huge bailout of Spanish banks on Friday. But, in Madrid, police fired rubber-coated bullets to disperse protesters. They are angry at the latest budget cuts and tax hikes as demonstrations were held in 80 cities. Al Jazeera's Paul Brennan reports. http://news.linktv.org/videos/raw-video-spanish-anti-austerity-protestors-brawl-with-police?start=0 Thousands of Spanish civil servants took to the streets Friday in angry protest as the government approved sweeping austerity measures that include wage cuts and tax increases. Sat, 14 Jul 2012 09:03:00 -0700 http://news.linktv.org/videos/raw-video-spanish-anti-austerity-protestors-brawl-with-police Spain, Anti-austerity protests, 2008-2013 Spanish financial crisis, 2011-2013 Spanish Protests, European sovereign debt crisis, Austerity, Economy of Spain, Protest march, Unemployment, Sales tax Thousands of Spanish civil servants took to the streets Friday in angry protest as the government approved new sweeping austerity measures that include wage cuts and tax increases. In July, Spain will become the fourth country in the eurozone to receive bailout funds, after Greece, Ireland and Portugal. http://news.linktv.org/videos/spanish-anti-austerity-protests-erupt-into-violence?start=0 There have been angry scenes in Spain after the government announced sweeping tax rises and spending cuts. Wed, 11 Jul 2012 16:46:00 -0700 http://news.linktv.org/videos/spanish-anti-austerity-protests-erupt-into-violence 2011-2013 Spanish Protests, Anti-austerity protests, 2008-2013 Spanish financial crisis, Spain, Mariano Rajoy, Marcha Negra, Strike, Unemployment, Madrid, Protest march There have been angry scenes in Spain after the government announced sweeping tax rises and spending cuts. http://news.linktv.org/videos/democracy-now-july-11-2012?start=110 Republican presidential hopeful Mitt Romney is in the hot seat over his vast personal fortune, estimated at up to $250 million. Five more corporations have severed ties with secretive right-wing American Legislative Exchange Council (ALEC) over its controversial policies on gun use, voter suppression, union busting, and more. And Democracy Now! hosts a debate on the legality of Israel's self-proclaimed right to build settlements throughout the occupied West Bank. Plus headlines, and more. Wed, 11 Jul 2012 11:00:00 -0700 http://news.linktv.org/videos/democracy-now-july-11-2012 Mitt Romney, Mitt Romney presidential campaign, 2012, Tax avoidance and tax evasion, Tax haven, US presidential election, 2012, 2011-2013 Spanish Protests, American Legislative Exchange Council (ALEC), Anti-austerity protests, Israeli settlement, Israeli-occupied territories Protests have erupted in Spain over a massive new package of spending cuts and tax hikes to obtain a rescue of the country's banks. In an address to parliament earlier today, Spanish Prime Minister Mariano Rajoy unveiled an austerity package of nearly $80 billion involving a new sales tax and cuts to public spending. Rajoy said the measures were demanded by the European Union as a condition for an emergency bailout of Spain's banks agreed to on Tuesday. http://news.linktv.org/videos/spain-and-italys-troubled-banks-get-eu-bailout?start=0 Italy and Spain meet in Warsaw in the final of the euro 2012 on Sunday. And both countries will be pleased with their performance in the political arena too as the crucial EU summit goes into a final day. The deal allows bailout funds to go directly to banks without further austerity measures being applied. Fri, 29 Jun 2012 08:57:00 -0700 http://news.linktv.org/videos/spain-and-italys-troubled-banks-get-eu-bailout European sovereign debt crisis, Spain, Italy, Bailout, Austerity, European Council, Eurozone, European Union, Bank, François Hollande Italy and Spain meet in Warsaw in the final of the euro 2012 on Sunday. And both countries will be pleased with their performance in the political arena too as the crucial EU summit goes into a final day. The deal allows bailout funds to go directly to banks without further austerity measures being applied. http://news.linktv.org/videos/new-greek-government-faces-uphill-struggle?start=0 As Greek politicians clinch a deal to form a new pro-euro coalition government, Philip Williams reports from Athens on the tough task the country's leaders now face.<br /> Wed, 20 Jun 2012 09:07:00 -0700 http://news.linktv.org/videos/new-greek-government-faces-uphill-struggle Greek general election, 2012, Antonis Samaras, Greece, New Democracy, Greek government-debt crisis, PASOK, European sovereign debt crisis, Democratic Left (Greece), Evangelos Venizelos, Coalition government As Greek politicians clinch a deal to form a new pro-euro coalition government, Philip Williams reports from Athens on the tough task the country's leaders now face. http://news.linktv.org/videos/raw-video-greece-has-a-government?start=0 Evangelos Venizelos, leader of the socialist PASOK party, confirms that Greek political parties have agreed to form a coalition government, led by the conservative New Democracy party, that will seek to keep Greece in the euro. Wed, 20 Jun 2012 08:46:00 -0700 http://news.linktv.org/videos/raw-video-greece-has-a-government Greek general election, 2012, Greece, Greek government-debt crisis, Evangelos Venizelos, PASOK, New Democracy, Coalition government, Democratic Left (Greece), European sovereign debt crisis, Bailout Evangelos Venizelos, leader of the socialist PASOK party, confirms that Greek political parties have agreed to form a coalition government that will seek to keep Greece in the euro, led by the conservative New Democracy party. However, he also stated the new government's intention to attempt to renegotiate the terms of the country's bailout agreement with the rest of Europe and the IMF. http://news.linktv.org/videos/greece-after-narrow-election-win-pro-euro-party-works-to-form-coalition?start=0 Greece's pro-euro New Democracy party is working to quickly form a coalition government after its narrow victory over left-wing Syriza in the weekend's election. Mon, 18 Jun 2012 10:37:00 -0700 http://news.linktv.org/videos/greece-after-narrow-election-win-pro-euro-party-works-to-form-coalition Greek general election, 2012, New Democracy, Antonis Samaras, Greece, Syriza, Greek government-debt crisis, Alexis Tsipras, Eurozone, Politics of Greece, Economy of Greece Greece's pro-bailout New Democracy party is working to quickly form a coalition government after its narrow victory over left-wing Syriza in the weekend's election. http://news.linktv.org/videos/little-relief-in-bank-bailout-for-spains-jobless?start=0 The EU bailout of Spain's banks may have brought some relief to Madrid and eurozone leaders, but not for those struggling to find work in the country. Spain's unemployment rate over 24 percent and there is little sign of any improvements. Mon, 11 Jun 2012 09:04:00 -0700 http://news.linktv.org/videos/little-relief-in-bank-bailout-for-spains-jobless Spain, 2008-2013 Spanish financial crisis, European sovereign debt crisis, Unemployment, Economy of Spain, Bailout, Eurozone, European Union, Recession, Politics of Spain The EU bailout of Spain's banks may have brought some relief to Madrid and eurozone leaders, but for those struggling to find work in the country the outlook remains grim. At more than 24 percent Spain's unemployment rate is the highest in the eurozone and there is little sign of an improvement anytime soon. One man queuing at a benefits office in Madrid evoked the impact of the crisis on many of Spain's jobseekers. "I'm not optimistic. Every day I see it getting worse. I'm unemployed, with two children, separated (from my wife), I can't pay them maintenance pension. I'm partially disabled and the companies exploit us very badly." The government is pushing ahead with cutbacks and reforms that some fear will only worsen the situation, reflecting a wider austerity versus stimulus debate across Europe. http://news.linktv.org/videos/election-stalemate-looms-again-in-greece?start=0 The final day of polling before the repeat election in Greece on June 17 showed the two main contenders tied. The economic crisis has divided Greeks, who appear split on the causes and solutions to the country's financial meltdown. Mon, 04 Jun 2012 15:13:00 -0700 http://news.linktv.org/videos/election-stalemate-looms-again-in-greece Greek general election, 2012, Greece, Alexis Tsipras, Syriza, Anti-austerity protests, Politics of Greece, Bailout, Athens, New Democracy, Economy of Greece The final day of polling before the repeat election in Greece on June 17 showed the two main contenders neck and neck. The economic crisis has divided Greeks, who appear split on the causes and solutions to the country's financial meltdown. As Henry Ridgwell reports from Athens, the political stalemate only appears to be entrenching these divisions. http://news.linktv.org/videos/scared-europeans-withdraw-cash-from-troubled-banks?start=0 The European Central Bank has asked financial institutions across Europe to stand behind their struggling counterparts in countries such as Greece and Spain. But, while banks have an incentive to support their rivals, will Europe's savers be as patient? Thu, 31 May 2012 13:58:00 -0700 http://news.linktv.org/videos/scared-europeans-withdraw-cash-from-troubled-banks European sovereign debt crisis, European Central Bank, Bank run, Anti-austerity protests, Economy of Spain, Economy of Greece, Spain, Greece, Austerity, Financial institution The European Central Bank has asked financial institutions across Europe to stand behind their struggling counterparts in Greece, Spain and other countries caught in the euro debt crisis. Banks have an incentive to support their rivals. But will Europe's savers be as patient and keep their money where it is? VOA's Dominic Laurie reports. http://news.linktv.org/videos/anti-austerity-parties-win-french-and-greek-elections?start=180 Greek citizens rejected two parties in parliamentary elections that had pledged to enact harsh international bailout measures. Meanwhile, Greece's neo-Nazi Golden Dawn party could enter parliament for the first time. Democracy Now! has more. Mon, 07 May 2012 15:54:00 -0700 http://news.linktv.org/videos/anti-austerity-parties-win-french-and-greek-elections Greek general election, 2012, French presidential election, 2012, Yanis Varoufakis, Politics of Greece, François Hollande, Golden Dawn (Greece), Anti-austerity protests, Europe, French Socialist Party, Politics of France Greek citizens rejected two parties in parliamentary elections that had pledged to enact harsh international bailout measures. Meanwhile, Greece's neo-Nazi Golden Dawn party could enter parliament for the first time. http://news.linktv.org/videos/spain-record-unemployment-as-economic-crisis-deepens?start=0 More people are out of work in Spain now than at any time since records began, with almost a quarter of the workforce unemployed. This, just a day after Standard and Poor's cut the country's credit rating, and warned of worse to come. Fri, 27 Apr 2012 08:16:00 -0700 http://news.linktv.org/videos/spain-record-unemployment-as-economic-crisis-deepens Spain, Unemployment, European sovereign debt crisis, Economy of Spain, Austerity, Credit rating, Standard & Poor's, Eurozone, Bailout, 2011-2013 Spanish Protests More people are out of work in Spain now than at any time since records began. The new figures, announced on Friday, show that almost a quarter of the workforce are now unemployed. It comes just a day after ratings agency Standard and Poor's cut the country's credit rating two notches to Class B. with warnings that the country's economy could get worse. Al Jazeera's Sonia Gallego reports now from Madrid. http://news.linktv.org/videos/greek-bond-cut-deadline-looms?start=0 Greece will soon find out if it can secure the next round of EU funding as the deadline approaches for creditors to agree to a cut to their bond holdings. Thu, 08 Mar 2012 07:42:00 -0800 http://news.linktv.org/videos/greek-bond-cut-deadline-looms Greece, European sovereign debt crisis, Bailout, Default, European Union, Government bond, Economy of Greece, Economy of Italy, Economy of Spain, Economy of Ireland Greece will soon find out if it can secure the next round of EU funding as the deadline approaches for creditors to agree to a cut to their bond holdings. http://news.linktv.org/videos/romney-wins-two-vital-primaries-but-doubts-and-bitterness-remain?start=0 Republican candidate Mitt Romney has won presidential primaries in Michigan and Arizona, but concerns remain that he's not a particularly strong frontrunner in an increasingly bitter nominating fight with no end in sight. Wed, 29 Feb 2012 09:13:00 -0800 http://news.linktv.org/videos/romney-wins-two-vital-primaries-but-doubts-and-bitterness-remain Mitt Romney, Rick Santorum, Michigan Republican primary, 2012, Republican Party presidential primaries, 2012, Michigan, Arizona Republican primary, 2012, Arizona, Politics of the United States, Mitt Romney presidential campaign, 2012, Rick Santorum presidential campaign, 2012 Republican candidate Mitt Romney has won presidential primaries in Michigan and Arizona, but concerns remain that he's not a particularly strong frontrunner in a nominating fight with no end in sight -- and one that is turning increasingly bitter and personal. http://news.linktv.org/videos/greeks-skeptical-despite-bailout-deal?start=0 Eurozone finance ministers have approved a 130bn euro ($170bn) second bailout package for Greece, but there is much skepticism that an economy in such a poor state can pay the loan back soon enough. Tue, 21 Feb 2012 16:09:00 -0800 http://news.linktv.org/videos/greeks-skeptical-despite-bailout-deal Greece, Athens, Austerity, European sovereign debt crisis, Anti-austerity protests, Eurozone, Economy of Greece, Evangelos Venizelos, Bailout, Politics of Greece Eurozone finance ministers have approved a 130bn euro ($170bn) second bailout package for Greece to resolve the debt-ridden nation's immediate repayment needs. However, the deal, reached after 13 hours of tortuous talks in Brussels, is unlikely to revive Greece's ailing economy. There is much skepticism that an economy in such a poor state could pay the loan back soon enough before the country is mired in a deeper recession. Al Jazeera's Tim Friend reports from Athens, Greece's capital. http://news.linktv.org/videos/greek-pm-wins-confidence-vote?start=0 Greek Prime Minister George Papandreou has won a parliamentary confidence vote, avoiding snap elections which would have killed Greece's bailout deal and worsened the Eurozone's economic crisis. Fri, 04 Nov 2011 17:49:00 -0700 http://news.linktv.org/videos/greek-pm-wins-confidence-vote Greece, George Papandreou, European sovereign debt crisis, Motion of no confidence, Bailout, Politics of Greece, Parliament of Greece, Economy of Greece, Eurozone, Telegraph.co.uk Greek Prime Minister George Papandreou wins a parliamentary confidence vote, avoiding snap elections which would have killed Greece's bailout deal and worsened the eurozone's economic crisis. http://news.linktv.org/videos/greek-pm-ready-to-withdraw-referendum-plan?start=0 Greek prime minister George Papandreou has announced he is prepared to drop the idea of a referendum on a vital bailout package and hold talks with the opposition as he battles to stay in power in the face of mounting opposition at home and abroad. Thu, 03 Nov 2011 10:49:00 -0700 http://news.linktv.org/videos/greek-pm-ready-to-withdraw-referendum-plan George Papandreou, Greece, European sovereign debt crisis, Referendum, Bailout, Politics of Greece, Coalition government, Resignation, Economy of Greece, Evangelos Venizelos The Greek prime minister has announced he is prepared to drop the idea of a referendum on a vital bailout package and hold talks with the opposition to resolve the country's political and economic crisis. In a speech to his cabinet on Thursday, George Papandreou said he would assign the task of discussions with the opposition to two senior party members and praised their support of the bailout deal. If the opposition agreed to back the deal in parliament no referendum would have to be held. Al Jazeera Jonah Hull explains. http://news.linktv.org/videos/greek-government-teeters-lawmakers-urge-pm-to-resign?start=0 Demands mounted Thursday for Greek Prime Minister George Papandreou to resign and let a coalition government approve a European bailout plan instead of holding a risky referendum on it. Thu, 03 Nov 2011 08:48:00 -0700 http://news.linktv.org/videos/greek-government-teeters-lawmakers-urge-pm-to-resign George Papandreou, Greece, European sovereign debt crisis, Referendum, Resignation, Bailout, Politics of Greece, Coalition government, Motion of no confidence, Economy of Greece Demands mounted Thursday for Greek Prime Minister George Papandreou to resign and let a coalition government approve a European bailout plan instead of holding a risky referendum on it. http://news.linktv.org/videos/greek-government-on-the-brink-of-collapse?start=0 Greek Prime Minister, George Papandreou announced that he would be holding a referendum on the bail-out package -- a surprise to his own party, his people, and to all of Europe. The reaction in Athens is one of cynicism and despair. Tue, 01 Nov 2011 11:21:00 -0700 http://news.linktv.org/videos/greek-government-on-the-brink-of-collapse Greece, European sovereign debt crisis, George Papandreou, Bailout, Referendum, Politics of Greece, 2010-2012 Greek Protests, Default, Anti-austerity protests, Economy of Greece Greek Prime Minister, George Papandreou announced that he would be holding a referendum on the bail-out package -- a surprise to his own party, his people, and to all of Europe. Rumors and questions as to why Papandreou made the surprise move are rife, but the minister is keeping his counsel for now. With concern that the referendum would be unlikely to take place before January, creating months of uncertainty for the markets, the mood in Athens is one of cynicism and despair. Al Jazeera's Barnaby Phillips reports from Athens. http://news.linktv.org/videos/greek-pm-risks-everything-on-referendum?start=0 Less than a week after French and German leaders brokered yet another debt deal for the nation, Athens is now putting the plan, including a proposed 50 per cent write down of Greek debt through a referendum to be voted on by the people. However, the eurozone deal is not the only thing George Papandreou is putting on the line in the impending vote. With only a three-seat majority in the parliament, the prime minister is also putting his own leadership to the test with a confidence vote. Despite on-going protests, the Greek people themselves say they want to remain in the European Union but that the eurozone nations were more focused on the nation's ailing banks and less on the Greek people themselves. Al Jazeera's Rory Challands reports. Tue, 01 Nov 2011 09:09:00 -0700 http://news.linktv.org/videos/greek-pm-risks-everything-on-referendum Greece, European sovereign debt crisis, George Papandreou, Referendum, Bailout, 2010-2012 Greek Protests, Politics of Greece, Anti-austerity protests, Economy of Greece, European Union Less than a week after French and German leaders brokered yet another debt deal for the nation, Athens is now putting the plan, including a proposed 50 per cent write down of Greek debt through a referendum to be voted on by the people. However, the eurozone deal is not the only thing George Papandreou is putting on the line in the impending vote. With only a three-seat majority in the parliament, the prime minister is also putting his own leadership to the test with a confidence vote. Despite on-going protests, the Greek people themselves say they want to remain in the European Union but that the eurozone nations were more focused on the nation's ailing banks and less on the Greek people themselves. Al Jazeera's Rory Challands reports. http://news.linktv.org/videos/it-is-too-late-greeks-react-to-referendum-plan?start=0 "If the Greek people don't want it... it won't be implemented," says Greek PM George Papandreou of the EU's latest rescue loan for his debt-hit country. But, with the package including more state spending cuts, most Greeks are taking a negative view of the deal. Tue, 01 Nov 2011 08:55:00 -0700 http://news.linktv.org/videos/it-is-too-late-greeks-react-to-referendum-plan Greece, European sovereign debt crisis, George Papandreou, Referendum, Bailout, 2010-2012 Greek Protests, Anti-austerity protests, European Union, Opinion poll, Eurozone "If the Greek people don't want it... it won't be implemented." So said Prime Minister George Papandreou, as he called a referendum on the EU's latest rescue loan for his debt-hit country. But with the price of the package coming in the form of more and harsher state spending cuts, analysts say the latest opinion poll shows most Greeks take a negative view of the deal. "The referendum should not be happening now," said Athens resident Adamantia. "Now it is too late. What is he trying to tell us with this?" http://news.linktv.org/videos/greece-shocks-europe-with-bailout-referendum?start=0 Greek PM George Papandreou has shocked Europe and sent markets into freefall by announcing a referendum on accepting the latest bailout package from the EU, which comes with strict austerity requirements. Tue, 01 Nov 2011 08:36:00 -0700 http://news.linktv.org/videos/greece-shocks-europe-with-bailout-referendum Greece, European sovereign debt crisis, George Papandreou, Referendum, Bailout, Austerity, 2010-2012 Greek Protests, Politics of Greece, Anti-austerity protests, Economy of Greece Greece's prime minister George Papandreou has shocked Europe and the markets by announcing a referendum on accepting the latest bailout package, which comes with strict austerity requirements. http://news.linktv.org/videos/can-france-afford-to-save-the-euro?start=0 As the European financial crisis deepens, poorer countries on the verge of default are looking to France to help save them. But now there is doubt whether the struggling French economy can afford to pay for any more expensive bailouts. Wed, 19 Oct 2011 15:48:00 -0700 http://news.linktv.org/videos/can-france-afford-to-save-the-euro France, European sovereign debt crisis, Eurozone, Economy of France, Bailout, Euro, China Investment Corporation, Jin Liqun, Greece, Economy of Greece As the European financial crisis deepens, poorer countries on the verge of default are looking to France to help save them. But now France itself is coming under increasing financial pressure as experts question whether it can afford these expensive bailouts. Channel 4's conomics editor Faisal Islam has this special report.