Tag: Greece

Getting to the Greek

Businessman punished for trying to evade Iran sanctions

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Greek Ship / AP

The United States Treasury Department sanctioned a prominent Greek businessman Thursday for his efforts to help Iran evade Western economic sanctions.

U.S. Per Capita Debt Worse than Greece

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U.S. per capita debt is larger than that of Europe’s most financially distressed countries, including Greece, a new analysis reveals. U.S. debt per capita is nearly $45,000, approximately 15 percent higher than that of Greece ($38,937), and more than double that of Portugal ($19,989). Under President Obama’s fiscal year 2013 budget, U.S. debt per capita is projected to reach $75,000.