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  • 19
    Mar
    2013
    12:34pm, EDT

    Mortgage protesters occupy bank in Barcelona

    Emilio Morenatti / AP

    Members of Mortgage Victims' Platform (PAH), occupy a bank branch during a protest to support neighbors who are facing evictions processes in Barcelona, Spain, on March 19. With 26 percent unemployment, Spain is struggling to emerge from its second recession in just over three years. Spain's borrowing costs have dropped in recent months with investors less wary since European authorities announced the country would be helped, if needed, to handle its debt.

    Emilio Morenatti / AP

    A member of Mortgage Victims' Platform (PAH) blows an air horn as he occupies, with others, a bank branch during a protest to support neighbors who are facing the eviction process in Barcelona, Spain, on March 19.

    Emilio Morenatti / AP

    Members of Mortgage Victims' Platform (PAH), occupy a bank branch during a protest to support neighbors who are facing evictions processes in Barcelona, Spain, Tuesday March 19, 2013. With 26 percent unemployment, Spain is struggling to emerge from its second recession in just over three years.

     

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    Explore related topics: business, spain, banks, finance, euro, world-news, foreclosure
  • 25
    Sep
    2012
    6:55pm, EDT

    Spain prepares more austerity, protesters clash with police

    Sergio Perez / Reuters

    A demonstrator struggles with Spanish National Police riot officers outside the Spanish parliament in Madrid, Sept. 25, 2012.

    Reuters reports - Protesters clashed with police in Spain's capital on Tuesday as the government prepared a new round of unpopular austerity measures for the 2013 budget to be announced on Thursday.

    Thousands gathered in Neptune plaza, a few meters from El Prado museum in central Madrid, where they formed a human chain around parliament, surrounded by barricades, police trucks and more than 1,500 police in riot gear. Full story…

    Susana Vera / Reuters

    Demonstrators chant "These are our weapons" as they hold up their hands after riot police charged them outside the Spanish parliament in Madrid, Sept. 25, 2012.

    Andrea Comas / Reuters

    Protesters surround Police vans close to Spain's Parliament during a demonstration in Madrid, Sept. 25.

    Jasper Juinen / Getty Images

    A restaurant owner shouts, with his clients behind him, at demonstrators to stop throwing stones at his restaurant, after a protest around the Spanish parliament in Madrid, Sept. 25.

    Denis Doyle / Getty Images

    A man with a head wound tries to calm the crowd of protestors during a demonstration surrounding the Spanish parliament in Madrid, Sept. 25.

    Pablo Blazquez Dominguez / Getty Images

    People take cover during clashes between protesters and riot police at Neptuno Square during demonstrations surrounding the Spanish Parliament in Madrid, Sept. 25.

    Susana Vera / Reuters

    A riot police officer stands behind placards placed on barriers that cordon off the Spanish parliament in Madrid, Sept. 25.

    Related articles:

    • Euro falls as risk rally fades, Spain in focus
    • Spain prepares for more painful austerity
    • Spain says regions will meet deficit targets

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    7 comments

    If the example of Europe doesent get Americans motivated to start getting our deficits under control then nothing will. Rich or poor all will suffer if this problem isnt solved, short term pain vers a complete collapse of our country is the choice and so far our leaders have chosen collapse.

    Show more
    Explore related topics: economy, spain, euro, debt, world-news, euro-zone, austerity
  • 12
    Sep
    2012
    6:07am, EDT

    Uli Deck / Pool via AFP - Getty Images

    Judges of the Second Senate of the Federal Constitutional Court (Bundesverfassungsgericht) issue their ruling on the legality of the eurozone's bailout fund and fiscal pact for greater budgetary discipline on September 12, 2012 in Karlsruhe, southern Germany.

    German court backs euro rescue fund

    Reuters reports — Germany's Constitutional Court gave a green light on Wednesday for the country to ratify the euro zone's new rescue fund and budget pact but gave parliament veto powers over any future increases in the size of the fund.

    The eagerly anticipated verdict by the court in Karlsruhe, southern Germany, boosted global stocks and the euro currency as investors breathed a sigh of relief that the euro zone's rescue fund could take effect after months of delay. Read the full story.

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    2 comments

    The Islam religion is a decent denomination as all are, the meaning is Brothers and Sisters of all denominations, shouldn't exibit violence and destruction even deaths and maiming of our fellow men, women and children over an insult from a film. I felt the islamic people couldn't be so wicked as to  …

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    Explore related topics: business, germany, economy, europe, court, justice, euro, world-news
  • 17
    Jun
    2012
    5:01pm, EDT

    Andreas Solaro / AFP - Getty Images

    New Democracy party leader, Antonis Samaras, right, arrives for a press conference at the Zappion Hall in central Athens on June 17, after his party won the Greek election. "Today the Greek people expressed their will to stay anchored with the euro," said Antonis Samaras, the leader of the conservative New Democracy party which preliminary official results showed in the lead with 29.5 percent.

    Pro-bailout party wins Greek election

    Sunday's vote was seen as crucial for Europe and the world, since it could determine whether Greece was forced to leave the joint euro currency, a move that could have potentially catastrophic consequences for other ailing European nations and the global economy. As central banks stood ready to intervene in case of financial turmoil, Greece held its second national election in six weeks after an inconclusive ballot on May 6.

    The Eurozone's finance ministers said the outcome should allow for the formation of a government that will carry the support of the electorate to bring Greece back on a path of sustainable growth.

    -- Reported by NBC News, msnbc.com staff and news services

    Read the full story.

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    Explore related topics: eu, economy, euro, greece, world-news, bailout
  • 8
    Nov
    2011
    11:46am, EST

    Worries in the new Polish Parliament as European debt crisis threatens

    Janek Skarzynski / AFP - Getty Images

    Janusz Palikot, the leader of Palikot's Movement, a new progressive party that became the third-largest party in parliament, during the first session of the new Polish Parliament on November 8, 2011 in Warsaw. Poland's president on Tuesday urged the country's new parliament to take "brave and swift" action in tackling reforms to protect the economy from the fallout of the eurozone debt crisis. Having scored 1.7 percent growth in its gross domestic product (GDP) in 2009, non-eurozone Poland was the only state in the 27-member EU not to have fallen into recession amid the global crisis.

    Janek Skarzynski / AFP - Getty Images

    Polish Prime Minister Donald Tusk attends on November 8, 2011 as a lawmaker the first session of the new Polish Parliament in Warsaw.

    By Phaedra Singelis, NBC News

    Recently re-elected Prime Minister Donald Tusk faces new challenges as Europe's debt crisis spreads, though so far Poland has managed to weather the storm.

    More news from Europe.

    3 comments

    From what I've heard, it's a matter of accout management. The debt was above the 50% (or less - I don't remember the EU allowed limit) GDP, but some laws enabled transfering a part of the debt somewhere else, so it wouldn't be counted as public debt. That's how we "got rid of" the debt.

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    Explore related topics: europe, poland, euro, world-news, polish-parliament, debt-crisis
  • 26
    Oct
    2011
    1:04pm, EDT

    Francois Lenoir / Reuters

    Britain's Prime Minister David Cameron arrives at the European Union summit in Brussels, October 26, 2011. The European Union's leaders are meeting to work out a comprehensive deal to resolve the euro zone debt crisis and find a way to give the region's bailout fund greater firepower.

    Britain's PM David Cameron arrives looking serious for the EU summit

    By Phaedra Singelis, NBC News

    Serious problems, call for serious attitude. Looks like Cameron has it.

    More on the summit.

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    Explore related topics: economy, euro, david-cameron, eu-summit, brussels

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Phaedra Singelis

is a Supervising Producer at NBC News.com Previously she worked as an editor at the New York Times and the Washington Post in addition to working as a photojournalist at numerous newspapers.

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