Tag: Greece

A new government headed by Lucas Papademos took office in Greece on Friday tasked with saving the debt-stricken nation from bankruptcy after a power-sharing...

Greek President Carolos Papoulias on Thursday asked former European Central Bank vice-president Lucas Papademos to form a new government, the head of state’s office...

Greek Prime Minister George Papandreou faced calls from within his own party to step down on Tuesday after he threw the nation's euro zone...

Violence marred huge demonstrations in Greece on Wednesday as unions launched a two-day general strike ahead of a vote on a new bill tightening...

Police clashed with protesters outside parliament Wednesday, firing tear gas as they came under attack with firebombs during a massive demonstration against austerity. An AFP...

New strikes hit Greece on Tuesday as the government finalised talks with its EU-IMF creditors on additional spending cuts to secure payment of a...

French President Nicolas Sarkozy will meet German Chancellor Angela Merkel Oct. 9 as European officials begin debating a new phase in their efforts to...

EU and IMF inspectors will return to Greece on Thursday to decide whether Athens has done enough to secure a new batch of aid...

German Chancellor Angela Merkel sought on Tuesday to quash talk of an imminent Greek default as the United States voiced concern at the euro...

Debt-laden Greece has cash to operate until next month, the country's deputy finance minister said on Monday, highlighting the country's need to qualify for...

The number of illegal migrants who died when their vessel capsized in the Ionian Sea at the weekend increased to three on Monday with...

A 1618 painting by Flemish master Peter Paul Rubens that was stolen in Belgium a decade ago has been found in Greece, officials said...

Austria, the Netherlands and Slovakia said they want collateral on loans to Greece after Finland secured a commitment, but a Greek official said this...

Greece wants a voluntary swap of government bonds for longer maturity paper to start in August and be completed fast to emerge rapidly from...

Greece would likely be in default if it follows a debt rollover plan pushed by French banks, Standard & Poor’s (S&P) warned on Monday,...

Plans to roll over Greece's sovereign debt could risk putting the country into a selective default, ratings firm Standard & Poor's warned Monday. Eurozone finance...

With the international media prancing on the woes of the EU and irresolution within the US, default seems to be the common howling pawn...