The Greek Parliament passed an austerity package today, but the possibility of default still looms.
The protests have become the largest social movement in Greece since martial law in 1974. More than a pushback against austerity, they hint at broad skepticism toward Europe's leaders.
Federal Reserve Chairman Ben Bernanke says that even if Greece defaults, a prospect that has roiled US financial markets for weeks, the impact on US banks would be 'very small.'
Prime Minister George Papandreou is faced with passing an unpopular austerity program so it can get the $17 billion it needs by July 15 to avoid default on Greek debt.
If Prime Minister George Papandreou survives tonight's confidence vote, he will push for the austerity measures needed to secure further financial aid from EU and IMF to avoid a default.
Because of concerns about Greece, the US stock market has fallen about 7 percent, dropping for six weeks. Although it broke the losing streak last week, there is still uncertainty among investors.
Germany and France reached an agreement that should see a desperately needed Greece bailout move forward.
Seaman Quincy Fermer of the USS Carl Vinson hugs his Thiana after seeing her for the first time after disembarking from the aircraft carrier USS Carl Vinson in San Diego. The US Navy aircraft carrier from which the body of Osama bin Laden was buried at sea has returned to its home port in San Diego Bay.
Riot police try to extinguish flames from a petrol bomb thrown by protestors outside the Greek parliament in Athens on Feb. 12, 2012. Tens of thousands of protesters gathered in the square outside Parliament as a parliamentary debate began. As the crowds grew, a few hundred anarchists started to throw bottles and firebombs at police, who responded with tear gas and stun grenades.
Sgt. 1st Class Matthew Starr of the New York Army National Guard stands at attention as taps is played during a memorial service at the New York Division of Military and Naval Affairs in Latham, NY. The service remembered the 32 members of the New York Army National Guard and one member of the New York Naval Militia who have died on active duty since the 9/11 terrorist attacks.