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Citi: Greek Eurozone Exit Less Likely

Citigroup changed on Friday its view that Greece will almost certainly leave the euro, saying key eurozone players seem to have decided a Greek...

More Struggle; Worse Hardship Ahead

It's a fact.  Greek political leaders have struggled to clinch an agreement on 11.5 billion euro ($14 billion) package of budget cuts that may...

Greece Locked out of Markets Until 2017 or even 2022

ATHENS – After stiffing investors earlier this year with 74 percent losses and still wracked by a deep recession, $460 billion in debt, and...

Al Jazeera Reports on Why GRexit is Inevitable

A report by Al Jazeera's business editor Abid Ali was posted today at the international news agency’s online edition explaining why Greece will inevitably...

The Telegraph: Merkel Has Herself to Blame if Greece Defaults

  What will Angela Merkel be doing this morning? Will she be clinging, white-knuckled to her kafe, chasing her Bockwurst round her plate, waiting to...

Greece Gets it Loan, but Worries Mount Faster

ATHENS – After weeks of anguish, Greeks found out that international lenders providing the country with a series of bailout loans will release a...

Wall St. Can't Escape Risks from Euro Crisis

No matter how much Wall Street cuts its ties to Europe, it can't seem to eliminate the risk that the euro-zone crisis could engulf the U.S. financial system[...]

Global Markets Rattled by Greek Referendum

Stock markets around the world plunged today after Greek Prime Minister George Papandreou said he will hold a high risk referendum on the country's...

Venizelos Says Greece “Scapegoat” But Will Survive Crisis

With the economic world holding its breath over fears that Greece will default, Finance Minister Evangelos Venizelos told an international audience of bankers in Washington, D.C. that his country[...]