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Friday, June 01, 2012

Planet Money

A Front-Row Seat At A Bank Run

An Alpha Bank branch in Athens.

June 1, 2012 "They say, 'Thefilos, tomorrow I'm going to need 50,000 euros, cash,' " says a Greek bank teller.

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Wednesday, May 16, 2012

The Two-Way

Greece Sets New Election For June 17; Fear Of Bank Runs Reported

May 16, 2012 The country will try again to form a government. Meanwhile, its president worries about million so euros being pulled out of Greek banks. And talk of a "Grexit" from the euro zone is increasing.

Summary

Wednesday, May 09, 2012

Planet Money

Why A Greek Exit From The Euro Is More Likely Than Ever

"The popular verdict clearly renders the bailout deal null." -Alexis Tsipras

May 9, 2012 Will Greece leave the euro? Every time the question arises, a Greek exit seems a little more plausible.

Summary

Monday, May 07, 2012

Planet Money

In Greece, Rejecting Austerity Could Mean More Austerity

The European Union flag flies in front of the Parthenon in Athens.

May 7, 2012 If Greece abandons the euro, its already awful economy will get even worse.

Summary

The Two-Way

'Seismic Shift' In Europe After French And Greek Elections

In Paris on Sunday, supporters of newly elected president Francois Hollande celebrated.

May 7, 2012 The election of Socialist Francois Hollande in France and the rejection of austerity policies in Greece raise serious questions about the future of the euro and the fate of the continent's economic union.

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Thursday, April 05, 2012

The Two-Way

In Greece, Retiree's Suicide Sparks Protests And Clashes With Police

Demonstrators clashed with riot police in Athens overnight.

April 5, 2012 Overnight, Molotov cocktails and tear gas canisters were flying in Athens as what had been peaceful gatherings turned violent. A 77-year-old man's public suicide has reignited anger over austerity measures. He has put a human face on financial pain.

Summary

Friday, March 09, 2012

Planet Money

Weirdly, It's News That Greece Defaulted

March 9, 2012 Say you bought insurance that was supposed to pay out if you got into a car accident. Then you got into a car accident. And a committee met and decided that, actually, you did not get into a car accident.

Summary

The Two-Way

Greece Takes Critical Step Toward Avoiding Bankruptcy

The European Union flag flies in front of the Parthenon in Athens. Greece's EU partners are about to give it another massive bailout.

March 9, 2012 Most of its creditors have agreed to swap their bonds for others worth much less — a move that was needed before Greece could get a much-needed $172 billion bailout.

Summary

Tuesday, February 21, 2012

Planet Money

Bailout, Schmailout*

February 21, 2012 Greece just got its latest bailout. Here's why it won't be the last.

Summary

The Two-Way

Doubts Linger After Late-Night Deal On Bailout For Greece

Luxembourg Prime Minister and Eurogroup President Jean-Claude Juncker scratches his eyes during a press conference following the meeting of Eurozone nations earlier today in Brussels.

February 21, 2012 Though other member nations of the eurozone put together a $170 billion rescue package, much more likely must be done to keep Greece afloat, experts say.

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Friday, February 17, 2012

Planet Money

Choose Your Own Adventure: Greek Crisis

February 17, 2012 If you say "That the current process is a can-kicking farce. We should just plan for a straightforward default on the debt", turn to 22.

Summary

Sunday, February 12, 2012

The Two-Way

Greek Parliament Approves Austerity Bill

February 12, 2012 The Greek Parliament has approved a crucial austerity and debt-relief bill to keep the country out of bankruptcy and remain a part of the eurozone.

Summary

Friday, February 10, 2012

Planet Money

Genius Ideas

Eureka.

February 10, 2012 Oreos in China. A van-based visa business. A stock index. And a way to save Greece.

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The Two-Way

Stocks Take Dive, As Greek Bailout Deal Remains Uncertain

Protesters write on the wall of the National Bank of Greece during a demonstration involving thousands in Athens on Friday.

February 10, 2012 Four Greek Cabinet ministers have resigned in opposition to austerity measures. The uncertainty has driven down the euro and led to fiery protests on the streets of Athens.

Summary

Thursday, February 09, 2012

The Two-Way

Greek Government Reaches Austerity Deal That's Key To Bailout Payment

February 9, 2012 The indebted nation needed to agree to more cuts in pensions and other programs. Now it's in line to receive about $173 billion more in financial aid.

Summary

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