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Troika Won't Back Down on Greek Austerity
International lenders are not relenting on demands that the Greek government push ahead with combined package of $17.45 billion in spending cuts and tax...
Cyprus Sparks Controversy as EU's Next President
Cyprus took over the European Union presidency Sunday for the next six months. The island's own financial difficulties and its location in the eastern...
Cyprus Sparks Controversy as EU's Next President
Cyprus takes over the European Union presidency Sunday for the next six months. The island's own financial difficulties and its location in the eastern...
Germany Accepts Easier Funding of European Debt
Just a few hours ago, Chancellor Merkel, agreed on an initiative to help banks and indebted countries. The initiative was mostly supported by Spain...
EU Leaders Agree on Growth Pact
European Union leaders meeting at a summit in Brussels Thursday have agreed to set aside about $150 billion to stimulate growth in the bloc's...
Samaras Writes EU for Help as IMF Prepares Visit
ATHENS – Unable to attend a critical meeting of European Union leaders because he is still recovering from eye surgery for a detached retina,...
European Leaders Call for Tighter Fiscal Control
Key European leaders are calling for much tighter central control of spending by the 17 countries that use the euro in the latest effort...
Sigh of Relief at G20 Summit Over Greek Election
Leaders of the world's largest economies began to assemble Sunday in a Baja California desert resort just as Greece's pro-bailout New Democracy party won...
World’s Top Greek Economists Tell Greece: Keep the Euro
ATHENS – The pressure on anti-austerity parties ahead of the critical June 17 elections not to renege on Greece’s reform deals with international lenders...
Bank Group Chief: Greek Euro Exit Cost Could Pass $1.25 Trillion
With speculation mounting that Greece will ultimately either choose or be forced to leave the Eurozone and drop the euro, the head of a...