Spain’s ‘Desempleo’ Rate at 20%
May 1, 2010 With all the focus on job losses here at home, we sometimes forget how the economic crisis -- which originated in the U.S. -- has affected other countries. Official figures in Spain, for example, show that that country's unemployment rate has hit 20 percent, highest in the eurozone.
$40 Billion for Greece Bailout
Apr 11, 2010 The 16 nations that use the euro have just revealed an aid package of up to $40 billion in an effort to stem the Greek financial crisis. Finance ministers see the offer as a "step of clarification" for markets and a boost for the faltering euro.
Greek Financial Crisis Hits Poor
Apr 3, 2010 The origins of Greece's economic crisis lie with the recklessness of the rich, but the consequences are directly affecting the poor: A new poll shows that three-quarters of the Greek population believe that the current plans to cut the country's budget deficit are "socially unfair."
