http://news.linktv.org Link TV News Videos (Filtered by topics: Euro) en-us Tue, 27 Nov 2012 00:16:00 -0800 Copyright 2011 Link Media, Inc. 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/controversy-after-european-union-awarded-nobel-peace-prize?start=0 The European Union has been awarded the Nobel Peace Prize. There were gasps of surprise when the announcement was made in the Norwegian capital, Oslo.The EU was chosen over other contenders that included the founder of Microsoft, Bill Gates, former Ukrainian prime minister Yulia Tymoshenko and Egyptian activist Wael Ghonim. Al Jazeera's Tim Friend reports. Fri, 12 Oct 2012 12:18:00 -0700 http://news.linktv.org/videos/controversy-after-european-union-awarded-nobel-peace-prize Nobel Peace Prize, European Union, Anti-austerity protests, José Manuel Barroso, 2010-2012 Greek Protests, 2011-2013 Spanish Protests, Norwegian Nobel Committee, Romano Prodi, Thorbjørn Jagland, Euro The European Union has been awarded the Nobel Peace Prize. There were gasps of surprise when the announcement was made in the Norwegian capital, Oslo.The EU was chosen over other contenders that included the founder of Microsoft, Bill Gates, former Ukrainian prime minister Yulia Tymoshenko and Egyptian activist Wael Ghonim. Al Jazeera's Tim Friend reports. 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/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/chinas-economy-roars-but-euro-fears-persist?start=0 China's May trade growth was double what experts had predicted, but the Chinese government isn't celebrating yet. State broadcaster CCTV explains how the continuing Europe's faltering economy could drag China's economy down with it. Fri, 15 Jun 2012 17:08:00 -0700 http://news.linktv.org/videos/chinas-economy-roars-but-euro-fears-persist Europe, International trade, Economy of the People's Republic of China, Economic growth, Eurozone, European Union, European sovereign debt crisis, Euro, Beijing, Government of the People's Republic of China China's May trade growth was double what experts had predicted, but the Chinese government isn't celebrating yet. State broadcaster CCTV explains how the continuing Europe's faltering economy could drag China's economy down with it. http://news.linktv.org/videos/effects-of-euro-debt-crisis-ripple-through-vietnam?start=0 Europe is far and away the largest market for Vietnamese wood products, an important staple of the country's exports. Vietnamese broadcaster VTV4 reports on the effect of Europe's debt crisis on the wood products industry. Fri, 15 Jun 2012 16:19:00 -0700 http://news.linktv.org/videos/effects-of-euro-debt-crisis-ripple-through-vietnam Vietnam, International trade, European Union, Wood, Southeast Asia, European sovereign debt crisis, Eurozone, Euro, Europe, Vietnamese language Europe is far and away the largest market for Vietnamese wood products, an important staple of the country's exports. Vietnamese broadcaster VTV4 reports on the effect of Europe's debt crisis on the wood products industry. http://news.linktv.org/videos/greece-final-pleas-to-voters-ahead-of-greece-election?start=0 Greek voters go to the polls for a second general election on Sunday, and the choices appear stark. A vote for left-leaning Syriza party could force Greece to leave the euro. But a vote for the conservative New Democracy would mean more painful austerity. Fri, 15 Jun 2012 15:55:00 -0700 http://news.linktv.org/videos/greece-final-pleas-to-voters-ahead-of-greece-election Greek general election, 2012, Greece, Alexis Tsipras, Antonis Samaras, Greek government-debt crisis, Politics of Greece, Syriza, New Democracy, Austerity, Euro Greek voters go to the polls for the second round of a general election on Sunday. The country is voting for a new government, and the choices appear stark. A vote for left-leaning Syriza party -- led by Alexis Tsipras -- would cancel the international bailout deal, a move that could force Greece to leave the euro. But a vote for the conservative, pro-euro party New Democracy -- led by Antonis Samaras -- would likely keep Greece in the single currency but at the cost of massive, painful austerity measures. Al Jazeera's Tim Friend reports from Athens. http://news.linktv.org/videos/greek-elections-three-things-you-need-to-know?start=0 Ahead of elections on June 17, CFR's Sebastian Mallaby highlights three ramifications of a potential Greek exit from the euro. How will a Greek exit impact Greece? What will a Greek exit mean for European banks? And what will be the implications for the euro? Thu, 14 Jun 2012 16:02:00 -0700 http://news.linktv.org/videos/greek-elections-three-things-you-need-to-know Greek general election, 2012, Greek government-debt crisis, Greece, Bank run, Economy of Greece, European sovereign debt crisis, Euro, Austerity, Eurozone, European Union Ahead of parliamentary elections in Greece on June 17, CFR's Sebastian Mallaby highlights three ramifications of a potential subsequent Greek exit from the euro. How will a Greek exit impact Greece? While some economists believe that a Greek exit from the euro will be favorable for the Greek economy, Mallaby disagrees. "Leaving the euro would also trigger very high Greek inflation and that would quickly erode any competitiveness benefit that you get from a weaker currency, and along with the inflation there will probably be a lot of civil unrest," he says, which could hurt Greece's main export sector -- tourism. What will a Greek exit mean for European banks? If Greece leaves the euro, the devaluation of the drachma may result in bank runs as other Europeans take their money out of national banks in favor of safer Dutch or German banks, Mallaby says. This is already happening slowly, especially in Spain, Mallaby says, "and would accelerate hugely if the Greeks did leave." What will be the long-term implications for the euro? If European leaders manage a "double act" of letting Greece exit while protecting the rest of the eurozone, Mallaby says the result would nonetheless be "catastrophic" in the long-term. "Now there would be a precedent that a country like Greece can leave and it can be okay for the rest of Europe," he says, adding that there will not be an incentive for rich countries like Germany to bail out peripheral countries in a future crisis. http://news.linktv.org/videos/time-running-out-leaders-hold-desperate-meeting-on-euro-crisis?start=0 European leaders are scrambling to find a solution to the Eurozone financial crisis after further falls on the continent's stock markets. An informal meeting held in Brussels failed to produce any concrete results, but pressure is mounting. Wed, 23 May 2012 15:55:00 -0700 http://news.linktv.org/videos/time-running-out-leaders-hold-desperate-meeting-on-euro-crisis Eurozone, European sovereign debt crisis, Angela Merkel, David Cameron, François Hollande, Germany, Brussels, Euro, Greece, European Union European leaders are scrambling to find a solution to the Eurozone financial crisis after further falls on the continent's stock markets. An informal meeting held in Brussels failed to produce any concrete results, but pressure is mounting amid growing fears that Greece may leave the euro. http://news.linktv.org/videos/greek-caretaker-government-sworn-in?start=0 A caretaker government has been installed in Greece as the country prepares for a new round of elections. The technocrat interim government is not supposed to make big decisions, but events may force actions, especially in light of the continuing low-level run on the banks. Thu, 17 May 2012 17:41:00 -0700 http://news.linktv.org/videos/greek-caretaker-government-sworn-in Greece, Caretaker government, Greek general election, 2012, Euro, Bank run, Eurozone, Karolos Papoulias, European Central Bank, European sovereign debt crisis, ABC News (Australia) A caretaker government has been installed in Greece as the country prepares for a new round of elections. The technocrat interim government is not supposed to make big decisions, but events may force actions, especially in light of the continuing low-level run on the banks. Hundreds of millions of euros have already been withdrawn from distressed Greek banks with fears that the country could be forced from the Eurozone. http://news.linktv.org/videos/krugman-eurozone-could-fall-apart-in-a-matter-of-months?start=0 Nobel Prize-winning economist Paul Krugman warns the current bank run in Greece could spiral into the end of the Eurozone, while France's new finance minister reiterated that the new socialist government will not ratify the EU's fiscal pact for greater austerity. Thu, 17 May 2012 09:12:00 -0700 http://news.linktv.org/videos/krugman-eurozone-could-fall-apart-in-a-matter-of-months Eurozone, Paul Krugman, European sovereign debt crisis, European Union, France, Greece, Greek general election, 2012, Bank run, Nobel Prize, Euro Nobel Prize-winning economist Paul Krugman warns the current bank run in Greece could spiral into the end of the Eurozone. "It is really quite shocking," Krugman says. "I hate to sound apocalyptic." Meanwhile, France's new finance minister has reiterated that the country's new socialist government will not ratify the European Union's fiscal pact calling for greater austerity. http://news.linktv.org/videos/fear-of-greek-euro-exit-as-last-ditch-coalition-talks-stall?start=0 Attempts to form a unity government in Greece appear doomed to fail as political leaders remain at loggerheads. Mon, 14 May 2012 09:32:00 -0700 http://news.linktv.org/videos/fear-of-greek-euro-exit-as-last-ditch-coalition-talks-stall Greece, Eurozone, Euro, Coalition government, National unity government, Syriza, Alexis Tsipras, Karolos Papoulias, European sovereign debt crisis, Evangelos Venizelos Attempts to form a unity government in Greece appear doomed to fail as political leaders remain at loggerheads. http://news.linktv.org/videos/eu-leaders-put-pen-to-paper-on-new-fiscal-treaty?start=0 Signed; yes. Ratified; not yet! Despite that, Europe's leaders have finally come up with the treaty they say will save the euro. The new so called fiscal compact aims to get a grip on the bloc's debts through tighter budget rules, something the EU's newly reappointed Council chief, Herman Van Rompuy, said they weren't just doing for fun. Fri, 02 Mar 2012 14:58:00 -0800 http://news.linktv.org/videos/eu-leaders-put-pen-to-paper-on-new-fiscal-treaty European sovereign debt crisis, Euro, Brussels, European Union, Czech Republic, Herman Van Rompuy, Europe, Prime Minister of the United Kingdom, European Central Bank, Treaties of the European Union Signed; yes. Ratified; not yet! Despite that, Europe's leaders have finally come up with the treaty they say will save the euro. The new so called fiscal compact aims to get a grip on the bloc's debts through tighter budget rules, something the EU's newly reappointed Council chief, Herman Van Rompuy, said they weren't just doing for fun. ''We're not doing all this because we really love cutting the deficit, because we really love cutting sovereign debt, but because it ultimately makes economic growth and jobs possible,'' Rompuy said. The UK and Czech Republic were the only member states to opt out of the treaty. British Prime Minister David Cameron preferred instead to focus on the crisis in Syria. "I have a clear message for those in authority in Syria - make a choice. Turn your back on this criminal regime or face justice for the blood that is on your hands," Cameron said. The new treaty will now have to be ratified by most of the signatories national parliaments. Ireland has said it will need to hold a referendum on the pact. As euronews' Andrei Beketov explains, unlike previous gatherings this time Greece wasn't the dominant issue, although it could crop up again soon. ''It's been a relatively calm summit. While leaders have yet to give the final green light to the next Greek bailout, they hope the measures they have put in place here will save other countries going the same way. It will become clearer next week if Greece has met all the requirements to get the funding it needs.'' 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. http://news.linktv.org/videos/greek-debt-tragedy-slow-agonizing-death-of-the-euro?start=0 Greece's Prime Minister faces a crucial confidence vote to determine whether he'll be able to secure another emergency injection of cash from the EU, as pressure builds on Greece -- and the rest of the Eurozone. Tue, 21 Jun 2011 09:45:00 -0700 http://news.linktv.org/videos/greek-debt-tragedy-slow-agonizing-death-of-the-euro Greece, Euro, Eurozone, Athens, George Papandreou, Austerity, European Union, UK Independence Party, Russia Today The Greek Prime Minister is facing a crucial confidence vote in parliament. It will determine whether he'll be able to secure another injection of cash from the EU, and save the country from plunging into deeper crisis. On Monday, EU finance ministers piled further pressure on Greece. They gave Athens two weeks to pass fresh budget cuts and tax increases, conditions that must be met to secure a previously agreed installment of twelve billion euro. MEP William Dartmouth, whose UK Independence Party wants Britain out of the EU, says the uncertainty over the next payment for Greece, is understandable. http://news.linktv.org/videos/a-vote-of-confidence-in-greece?start=0 <p>Greece's Prime Minister George Papandreou is facing a confidence vote, which may threaten plans to introduce more austerity measures.</p> Tue, 21 Jun 2011 09:28:00 -0700 http://news.linktv.org/videos/a-vote-of-confidence-in-greece Greece, George Papandreou, Euro, Eurozone, Austerity, European Union, International Monetary Fund (IMF), ABC News (Australia) Greece's Prime Minister George Papandreou is facing a confidence vote - the first of three tests the government must survive to avert the eurozone's first debt default. The embattled Greek government will soon face a confidence vote which may threaten plans to introduce more austerity measures.