Thanassis Stavrakis, Associated Press
THE HEAT IS ON: Pressure from home and abroad is intensifying on Greece's political leaders to decide on cutbacks to secure a bailout and avoid a potentially disastrous default. Meanwhile, a general strike against impending cutbacks stopped train and ferry services in Greece, and led to closings of many schools and banks.
THE ISSUE: Athens must placate its creditors to clinch a €130 billion ($170 billion) bailout deal from the eurozone and the International Monetary Fund and avoid a March default on its bond repayments.
THE RISKS: A disorderly bankruptcy by Greece would likely lead to its exit from the eurozone, a situation that European officials have insisted is impossible because it would hurt other weak countries like Portugal.
- The Great War: 100 photos marking 100 years...
- Comic-Con's dark side: Harassment amid the...
- Man seeks video of 1995 Oklahoma City...
- Trial begins for Salt Lake attorney seeking...
- Northern California wildfire destroys 10 homes
- Ebola kills Liberian doctor, 2 Americans...
- Judge rules against Donald Sterling, OKs...
- US Court: Virginia marriage is for all lovers
- Federal land managers criticized over... 25
- Feds cap fines for not buying health... 22
- Obama maintains busy fundraising... 22
- After government topples crosses in... 17
- Ted Cruz demands answers on FAA flight... 16
- Fast food workers vow civil disobedience 14
- US Court: Virginia marriage is for all... 14
- Varying health premium subsidy amounts... 13