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US Ambassador-designate to Greece Daniel Bennet Smith said that the Greek government is facing a very difficult economic situation with determination, and implementing all...

George Papandreou, the Greek prime minister, will pay a visit to the Bulgarian capital Sofia on July 27, which is expected to be crucial...

Greece is on a normalised road, prime minister George Papandreou opined in an interview with the UK newspaper Guardian, noting that in the nine...

Goldman Sachs says that Greek paper could surprise since better-than-expected economic performance and government austerity efforts may ware down fears over a potential Greek...

Greece needs an orderly restructuring of its public debt to head off an "inevitable default", says New York University professor Nouriel Roubini, the man...

Prime minister George Papandreou pledged on Friday that his government will take additional measures to boost the entrepreneurship and competitiveness of small and medium...

According to AFP, Alexei Kudrin (photo), Russia's finance minister Saturday said he expected Greece to require a restructuring of its debt by creditors. He...

Debt-ridden Greece is on track with the reforms required as part of the rescue package that saved it from bankruptcy, a delegation from the...

U.S. markets pared their gains in late morning and on into the afternoon, after Moodys Investor Services analyst Sarah Carlson downgraded Greece’s sovereign debt...

Greece's prime minister on Friday called on European countries to make a EUR440 billion stabilization fund permanent, in a bid to improve economic governance...