New Greek Budget Calls For More Cuts, Tax Hikes | WAMU 88.5 - American University Radio
Filed Under:

New Greek Budget Calls For More Cuts, Tax Hikes

Play associated audio
The Greek government passed a 2013 budget on Monday that includes more spending cuts and tax hikes. But European leaders, while welcoming the move, won't give Greece its latest loan fix for now because of the country's rising debt. More than two years after Greece adopted a punishing austerity regimen in exchange for bailout loans, the country remains deeply in debt and addicted to loans. There has been some progress on reforms, especially in doing business in Greece, but this has been vastly overshadowed by a deep recession that has left more than a quarter of the work force unemployed and a mounting debt that everyone agrees is unsustainable.
WAMU 88.5

Art Beat With Lauren Landau, Dec. 22

Forget a white Christmas. This week, you can see an art exhibit and musical that explode with color.

NPR

Nuns On The Ranch Give A Heavenly Twist To Beef

At a Colorado ranch run by Benedictine nuns, prayer and farming go hand in hand. "We have kind of a corner on the market" for grass-fed beef, says one sister. "People just kind of believe in it."
WAMU 88.5

Gray Expected To Wrap Up Tenure As Mayor By Signing Pair Of Bills

The term for Mayor Vincent Gray wraps up Jan. 2, and he's expected to sign some legislation into law before his time is up.

NPR

The 5 Business Stories That Made 2014 A Memorable Year

From hack attacks to the bottom falling out of oil, 2014 has been a year of big swings at the top and stagnation at the bottom.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.