Greece

6:01am

Tue November 27, 2012
The Two-Way

Deal Reached On Greek Debt, Markets Rise In Relief

Nov. 7: A protester wrapped in a Greek flag stands in front of the parliament in Athens. Today's agreement may not bring an end to anti-austerity protests in Greece.
Louisa Gouliamaki AFP/Getty Images
  • Teri Schultz reporting on the deal for the NPR Newscast

There's some good news this morning about the country that's come to symbolize Europe's financial problems and the efforts of leaders to shore up their common economy:

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12:26pm

Tue October 23, 2012
The Salt

Buying Food Past Its Sell-By Date Tough To Swallow For Greeks

Originally published on Wed October 24, 2012 8:00 am

Bargain-hunting Greek shoppers may soon have more options at the grocery store. The government is asking retailers to discount expired nonperishable products in response to rising food prices.
Fayez Nureldine AFP/Getty Images

Austerity measures continue in Greece as the country sinks deeper into a recession. Incomes have dropped nearly 50 percent in some cases, but food prices are at record highs. The Greek newspaper Ekathimerini recently reported that the country has some of the most expensive food and the costliest dairy products in the entire European Union.

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10:33am

Tue October 9, 2012
The Two-Way

In Greece, Protests Greet Germany's Angela Merkel

Originally published on Tue October 9, 2012 10:54 am

Demonstrators shout slogans during a protest against German Chancellor Angela Merkel's visit to Greece on Tuesday.
Milos Bicanski Getty Images

As the BBC puts it, Greece felt like two different places today: On the one had you had an "amicable and symbolic" state visit by Germany's Chancellor Angela Merkel and on the other hand, you had tens of thousands of protesters gathered across Athens who weren't too happy to see her.

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1:42am

Thu October 4, 2012
The Salt

Despite Greek Economy, Athens Cupcake Business Thrives

Originally published on Thu October 4, 2012 8:19 am

Nicole Kotovos arranges cupcakes in the case at her store in Athens.
Jim Zarroli NPR

Nicole Kotovos was searching for a way to start a new life when the idea struck her: She would go to her ancestral homeland of Greece and open an American-style bakery cafe. She would bring the cupcake fad to Athens.

What she didn't figure on was the historic downturn in the Greek economy.

The former New York TV producer arrived in 2008, just as the country's debt-mired economy was falling into a deep recession it still hasn't emerged from.

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3:52am

Sat September 29, 2012
Europe

Greeks Battle To 'Survive' Amid New Budget Proposal

Originally published on Sat September 29, 2012 9:25 pm

People with disabilities take part in a march against the government's new austerity measures in central Athens on Thursday.
Petros Giannakouris AP

The Greek government is set to present a new austerity budget on Monday that's supposed to please the institutions that are lending billions to the country to save it from bankruptcy.

But the cuts also come at a time when a deep recession has dragged into its fifth year. More than a third of businesses in Greece have closed, and nearly a quarter of Greeks are unemployed.

Busking For The Next Generation

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