Greek coalition gov't wins confidence vote

ATHENS, July 9 (Xinhua) -- Greece's coalition government easily won a parliamentary confidence vote on early Monday, which clears the way for talks with international creditors for a review of bailout agreements to overcome the country's debt crisis.

CNN 2009-02-19

From the CNN Center in Atlanta, Nicole Lapin, Here is your NOW IN THE NEWS update. President Obama is set to unveil his $50-billion program targeting the housing crisis today; sources say the government will cut monthly mortgage payments, allow more

voa标准英语2008-US Auto Industry Bailout Agreement May Be Close;

Representatives of the White House and the Congress say they are making progress in negotiations on rescuing the embattled U.S. auto industry. Meanwhile, stock prices in New York have ended a two-day surge. U.S. Senate Majority Leader Harry Reid say

voa标准英语2008-Auto Bailout Faces Senate Roadblock as More US J

Some Republicans in the U.S. Senate say they will block a plan to rescue the country's three major auto companies. Meanwhile, new claims for unemployment benefits reached their highest level in 26 years. Sen. Richard Shelby, center, accompanied by,

Spain Denies Seeking Bank Bailout

LONDON - Spain's economy minister has been forced to deny reports his government is seeking international help to prop up its banks, as fears grow that many lenders are facing huge losses on loans. Several banks in Europe's strongest economy, Germany

Greece on 'Knife Edge' to Agree on Bailout

Greek Prime Minister Lucas Papademos continues emergency talks with Greek party leaders Monday on more spending cuts, with his finance minister warning that the country is on a knife edge (brink of disaster). The government and parliament must agree

Greeks Rally Ahead of Bailout Vote

Thousands of Greeks have taken to the streets of Athens to protest severe austerity measures as eurozone ministers prepare to vote on a new $171 billion bailout for the debt-crippled nation. As the demonstrators marched, Greek Prime Minister Lucas Pa

Eurozone Gives Final OK for Greek Bailout

After months of negotiations with its European neighbors, Greece has secured final approval of a new $170 billion bailout, the country's second rescue package in two years. Luxembourg Prime Minister Jean-Claude Juncker said Wednesday the first instal

Spanish Bank Bailout Heightens Pressure on Madrid

Economic pressures are growing on Spain after the government took over the country's third largest bank with a $24-billion bailout to account for its toxic real estate loans. Prime Minister Mariano Rajoy said Monday that the debt-ridden government's

财政部长警告 希腊经济可能在2周内崩溃

Greece's finance minister says his country's financial situation is terribly urgent and the crisis could come to a head in a couple of weeks. 希腊财政部长表示，国家财政状况万分紧急，危机可能在2周后发生。 Yanis Varoufakis

Greece Could Get New Bailout Assistance

The Greek government is moving toward restructuring its debt and could soon win approval for another $85 billion or more in international financing. News agencies reported on Tuesday that a year after Athens arranged a $158 billion bailout, the debt-

Greece's Finance Minister Resigns to Lead Socialist Party

Greece's Finance Minister Evangelos Venizelos has resigned, one day after being elected to lead the Socialist party PASOK in the run-up to elections. Venizelos announced his resignation Monday after meeting with Greek President Karolos Papoulias. Ven

Italian, Greek Leaders Face Crucial Tests

The newly-elected leaders of Italy and Greece are facing crucial tests as they try to help pull the eurozone back from the brink of economic disaster. Italian Prime Minister-designate Mario Monti is set to present his new government Wednesday before

Greek Opposition Leader Calls for Early Elections

A Greek opposition leader has called on Prime Minister George Papandreou to resign and repeated a call for early elections, ahead of a confidence vote expected in parliament on Friday. Antonis Samaras made the demand Thursday during a parliamentary m

Greek Debt Crisis Still Unresolved

European finance officials are still grappling with the Greek debt crisis after returning home from inconclusive talks at the International Monetary Fund in Washington over the weekend. The United States and other nations are pressing European leader

Striking Greek Workers Protest New Austerity Cuts

Striking Greek transport workers brought Athens to a standstill Thursday in a new protest against austerity measures imposed by the government to secure international financing for the debt-ridden country. Public transport workers and taxi drivers wa

VOA标准英语2008年-White House Backs Bailout of Mortgage Giants

American and international financial markets are welcoming word that the U.S. government is taking over two troubled institutions that back roughly half the country's home mortgages. VOA's Paula Wolfson reports the Bush administration says it took t

Greece's Financial Plight Eases Slightly

Greece's financial plight is easing a bit, with the government receiving the first segment of its new bailout and at the same time attracting investors for a bond offering. Greek officials said Tuesday the Athens government has received $10 billion f

Greece Warns of Euro Exit if 2nd Bailout Not Finalized

Debt-ridden Greece is warning that it could be forced to abandon the common euro currency if it does not secure a second international bailout to avoid defaulting on its loans. Greece won tentative European approval for the $169 billion bailout in Oc

CNN 2008-10-10

Hi everyone, I'm Asieh Namdar at the CNN Center in Atlanta. Here's a look at what's happening NOW IN THE NEWS. The Treasury Department may use some of the massive Wall Street bailout to buy part of your bank. A department official says the governmen