Greece financial crisis
Jun 12, 2013 — The Greek government abruptly shut down ERT and fired its staff in an effort to downsize the public sector, which has been criticized as a bastion of corruption and bloat. But many Greeks see the rushed closure as a dictatorial move that will compromise the country's troubled media.
Nov 11, 2012 — The move is the final hurdle for the beleaguered country to get a massive $40 billion international bailout. Greece would go bankrupt without the money, but saving the country is becoming economically and politically ever more difficult.
Nov 10, 2011 — A former vice president at the European Central Bank, Lucas Papademos is charged with walking the terms of the European Union bailout through parliament quickly.
Nov 1, 2011 — Prime Minister George Papandreou wants the Greek people to vote on the bailout. There have been protests and anger, though, about the austerity measures that come with the aid. A "no" vote could cause a Greek default.
Sep 20, 2011 — Greece officials will ask lenders for new money to help stave off default, while Italy's credit rating has been lowered a notch by Standard and Poor's.