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EU Bailout Cannot Be Excluded, Cyprus CB Governor Says

New Cyprus Central Bank Governor Panicos Demetriades did not exclude the possibility for Cyprus to seek entry to the European bailout mechanism (European Financial...

OECD: Greece Seen in Recession Until Mid-2013

Greece's battered economy will keep shrinking until mid-2013 as fiscal belt-tightening continues to weigh while austerity fatigue may hamper the pace of reforms, the...

Slump Worsens in Ailing Greek Property Market

Prices of residential apartments in Greece slumped by almost a tenth in the first quarter of 2012 and the volume of property transactions halved,...

Samaras Makes Last Pitch to Voters

The head of Greece's conservatives said Thursday his party aimed to win enough votes in Sunday's election to govern alone with a "strong mandate,"...

Reuters: Greek Families Forage Abroad to Stay Afloat in Crisis

The wistfulness in the voice of George Kapetanios is heart-warming and an increasingly familiar tone for Greek families at home and in cities all...

Golden Dawn: Amid The Crisis, Greece's Old Fascists Get A New Face

"The touch of the cat" is the name of the admittedly effective tactic followed by Greece's most extremist party, the Golden Dawn. Just like the cats...

Greek Recapitalization Fund to Get 25 Billion Euro EFSF Bonds

Greece΄s bank support fund will receive 25 billion euros today worth of bonds from the European Union to be used to recapitalize the country΄s...