IMF coached Greek journalists on spin

The Greek authorities want to investigate alleged misconduct by a number of journalists who attended seminars organized by the IMF and were allegedly instructed to promote the organization’s advice to Greece.

The accusations were voiced by Greece’s former representative to … Read the rest

Clashes with police as Spain announces more austerity measures

Spanish protest scene

Protesters clashed with police in Spain’s capital on Tuesday as the government prepares a new round of unpopular austerity measures for the 2013 budget that will be announced on Thursday.

Thousands gathered in Neptune plaza, just a … Read the rest

Greek lawmakers pass austerity bill as Athens burns

Greece riots
Clashes between police and rioters in Athens

Greece’s parliament approved a deeply unpopular austerity bill Monday to secure a second EU/IMF bailout and avoid national bankruptcy, as buildings burned across central Athens and violence spread around the country.

Cinemas, cafes, … Read the rest

Greek leaders agree to austerity measures

Lucas Papademos
Lucas Papademos, Greek Prime Minister

(Reuters) – Greek leaders clinched a long-stalled deal on reforms and austerity measures needed to secure a bailout and avoid a messy default, government sources said, hours before the country’s financial backers were to meet … Read the rest