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Prospects for a Grexit Get Real (6/29)

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By James D. Spellman, Strategic Communications LLC

Default on an already re-scheduled debt payment to the IMF seemed inevitable Tuesday as a near-bankrupt Greece stepped closer to exiting the eurozone, following the tumult of bewildering events over the weekend that included scheduling a July 5th referendum on the latest bailout proposal, imposing capital controls and closing banks to staunch the hemorrhage of cash withdrawals that capped emergency funding from the ECB could not stem. Markets worldwide plummeted in response to the dire outlook.

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Dutch Court Orders Government to Meet Climate Targets (6/25)

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By Brian Beary, Washington Correspondent for Europolitics

Climate change activists are celebrating this week's landmark ruling by a court in the Netherlands requiring the Dutch government to make better progress in meeting its targets for reducing greenhouse gas emissions.

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Austrians Celebrate 200th Anniversary of the Congress of Vienna (6/9)

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By Michael D. Mosettig, former foreign editor of PBS News Hour, writing from Vienna

VIENNA -- Austria's capital finally has an anniversary worthy of celebration after a year of mordant commemorations of the centenary of the outbreak of World War I that reduced this city from the center of an empire to a struggling backwater and more recently of the end of World War II when the country was a mostly willing appendage of Nazi Germany.

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Spanish Local Election Results Threaten the Historic Dominance of Two Parties (6/1)

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ryan barnes photo 2By Ryan Barnes, Senior International Trade Specialist, U.S. Department of Commerce

While the famous quip, “all politics is local,” may be a slight exaggeration, local elections often provide a good indication of larger political trends. The May 24th local and regional elections in Spain are a case in point; in fact, the recent results may signal a tectonic shift in the current political structure.

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Greece Debt Talks: Economy, Mood Worsen as Brussels and Cash-Strapped Athens Wrangle over Austerity Conditions to Unlock Bailout Funds (6/1)

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By James D. Spellman, Strategic Communications LLC

As strains on Greece’s economy, government, and people worsen, the de facto bankrupt country faces a summer of deadlines to repay massive debts that far exceed its resources, underscoring the need for an unprecedented, long-term bailout that Athens and Brussels are at an impasse in their negotiations to produce.

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