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Joanna Kontiza, a 33-year-old pharmacist, says she is happy Europe is coming to Greece's rescue but is losing faith that the current government could address any of the country's deeper problems. "We are angry, but we're not angry with the [European] Union. We are angry...

Author: /time Magazine | Title: Despite Bailout, Greeks See Tough Road Ahead | 4/12/2010 | See Source »

Many Greeks are worried that European countries or the IMF will place harsh conditions on any bailout money and force already struggling Greece to endure more austerity measures. The country has already passed two rounds of such measures in recent months, leading to violent protests by hooded youths in Athens...

Author: /time Magazine | Title: Despite Bailout, Greeks See Tough Road Ahead | 4/12/2010 | See Source »

But even if the agreement gives the government some breathing room, Greece faces a tough road ahead. The markets - and Europe - will be watching closely to see if the country's socialist government can follow through on the deeper structural reforms Greece needs to implement to rein in its staggering...

Author: /time Magazine | Title: Despite Bailout, Greeks See Tough Road Ahead | 4/12/2010 | See Source »

This is certainly true. Sunday's results were a vindication for Orban, who has waited in the wings of power since his last term as Prime Minister from 1998-2002. But he resumes office at perhaps the most difficult juncture in Hungary's post-communist years. As soon-to-be...

Author: /time Magazine | Title: In Hungary, Voter Anger Boosts Extreme Right | 4/12/2010 | See Source »

But whatever Fidesz's plans may be - the party was largely silent about its economic policies during the campaign - there is no doubt that Hungary is now gripped by a new sense of hope, a sentiment painfully absent from the political scene in recent years. "I really think this is...

Author: /time Magazine | Title: In Hungary, Voter Anger Boosts Extreme Right | 4/12/2010 | See Source »

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