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French Finance Minister Francois Baroin said Saturday that euro zone leaders will announce the extent to which private sector creditors will write down their...

PM George Papandreou contacted the President of the European Commission Jose Manuel Barosso via telephone earlier in the afternoon to inform him of the...

What the people of Greece are going through is certainly a crime against humanity! We are seeing a human tragedy unfolding in front of...

As Greek leaders are admitting that the country’s investors won’t get paid back all they are owed, Cyprus’ Nobel Prize Winner for Economics Christopher...

George Papandreou said on Thursday that the comprehensive package would include issues such as the need for deeper economic cooperation, integration and governance, the...

Greece needs to reduce its debts if it is going to come through the economic crisis, European Commission President Jose Manuel Barroso said Thursday. "If...

Greek protesters tried to disrupt collection of an unpopular new property tax on Thursday and transport workers went on strike in a growing wave...

Maria Vassilakoy, Deputy Mayor of the City of Vienna hopes that Greeks will be able to overcome current obstacles due to the ongoing economic...

ATHENS – Finance Minister Evangelos Venizelos reiterated that Greece will do whatever it takes, including following the demands of the European Union-International Monetary Fund-European...

The Slovakian government has blocked plans to expand the European bailout plans, although international lenders are still expected to give Greece a loan next...