Greece is currently facing such a sovereign debt crisis. On May 2, 2010, the Eurozone members and International Monetary Fund (IMF) endorsed a historic €110 billion (about $145 billion) financial package for Greece in an effort to avoid a Greek default and to stem contagion of Greece's crisis to other European countries, particularly Portugal, Spain, Ireland, and Italy. This report provides an overview of the crisis; outlines the major causes of the crisis, focusing on both domestic and international factors; examines how Greece, the Eurozone members, and the IMF have responded to the crisis; and highlights the broader implications of Greece's debt crisis, including for the United States.

This report looks at how the European Union Emission Trading Scheme's coverage of carbon emission from commercial flights affects air carriers from the United States and other countries.

When looking at Dark Age Greece, one of the most important sites to consider is Athens. The Dark Age was a transitional period between the fall of Mycenaean Greece of the Bronze Age, and Archaic Greece of the Iron Age. This period is called the Dark Age because the palaces that ruled the Mycenaean age collapsed, and with them fell civilization in mainland Greece. Writing, fine art, massive architecture, trade, and luxury goods disappear from mainland Greece. But Athens survived the fall of the Mycenaeans. In order to understand the reason why Athens survived one must look at what the causes of the fall of the Mycenaeans were. Theories range from raiders and invasion, to natural disasters, such as earthquakes, droughts, and plagues. One must also examine Greece itself. The landscape and climate of Greece have a large impact on the settlement of the Greeks. The land of Greece also affects what Greek communities were able to do economically, whether a city would be rich or poor. It is because Athens is located in Attica that it survived. Attica had the poorest soil in the Mycenaean world, and was the poorest of the major cities, therefore, when looking at the …

This report provides a background of the Organization for Economic Cooperation and Development (OECD), financial crisis and the issues for Congress.

This report examines the evolution of counterterrorism cooperation between the United States and the European Union (EU), particularly since the September 11, 2001 terrorist attacks. It includes a discussion of U.S.-EU cooperation progress and ongoing challenges, as well as perspectives and issues for Congress.

This report is designed to shed some light on the KOREU FTA for Congress.4 It briefly reviews EU-South Korean economic ties and the respective EU and South Korean objectives regarding the KOREU FTA. It then discusses the KOREU FTA in general and examines some of its major provisions in more detail, with special focus on autos and some other manufacturing sectors, agriculture, services, and labor-areas of particular interest to U.S. policymakers and the U.S. business community. The report does not attempt to determine if one FTA is better than the other. Finally, the report analyzes the prospects for the KOREU FTA and the agreement's potential implications for the United States.