While Greeks are facing tough austerity measures, they are hopeful there soccer team will beat Germany in the quarterfinals of the Euro championship. Germany may have a better economy, but Greeks are betting on their team to prevail.
The eurozone will take a short break from its financial crisis to enjoy a sporting event. The soccer teams of Germany and Greece meet Friday in the quarter finals of the Euro 2012 championship in Gdansk, Poland. Germany's coach doesn't think political tensions will have an impact on the field.
Here's a little of what's happened in Syria over the past 24 hours. A Syrian air force colonel flew his jet out of the country, defecting to Jordan. Syria's army intensified its offensive against a rebel army. And the Red Cross had to abandon a mission to evacuate civilians from the city of Homs.
We're going to get some perspective on all of this from NPR's Deborah Amos, who's just left Syria after a very rare 10-day trip to Damascus. She's now in Lebanon. Hi, Deborah.
NPR's business news starts with a budget deal in California.
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INSKEEP: This deal comes just days before the start of the new fiscal year. It cuts social programs and it would knock three weeks off of Californian's school year unless voters approve a proposal for new taxes.
Capital Public Radio's Ben Adler reports from Sacramento.
BEN ADLER, BYLINE: The Democrats running this year's California budget process say they have one overarching goal: to bring years of festering shortfalls to an end.
Later this summer, Republicans will gather in Tampa, Fla., for their presidential nominating convention; Democrats will then do the same in Charlotte, N.C. Each party gets more than $18 million in public funds this year to help pay for the gatherings.
The money comes from that $3 box that taxpayers can check on their federal tax returns. But this could be the last time party conventions get taxpayer funding.