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Eurozone chief Jean-Claude Juncker says the 17 countries using the European common currency have delayed until October a decision on an 8 billion-euro[...]

German Finance Minister Wolfgang Schäuble is making preparations for a Greek insolvency, according to newsweekly Der Spiegel. His officials are reported to be preparing for...

Greek Finance Minister Evangelos Venizelos said Thursday that a deal under which Greece would provide Finland with collateral in exchange for fresh aid was...

The Greek government is confronting a great number of difficulties, with many issues pending at the same time. One of these is that negotiations...

The Greek delegation goes to the European Union Summit on Thursday with two non-negotiable requests, hoping that the EU political leadership would decide to...

Germany's finance minister believes Greece could slice 20 billion euros of its massive debt burden by buying back its own bonds, according to the...

Prime Minister George Papandreou said the euro zone and International Monetary Fund must quickly approve a second bailout for his country to avoid its...

“Crunch time has arrived” said Greek PM George Papandreou in a letter sent last night to the President of the Eurogroup Jean-Claude Juncker, adding...

Following eight hours of talks on Tuesday evening (11 July), finance ministers from the 17 countries that share the common EU currency, are discussing...

The resignation of Portuguese government late Wednesday weighs on the European Union Summit that starts today, as the country seems very close to resorting...