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Greek and European Crisis: The Key Milestones

From the first Greek bailout until the upcoming EU summit, there were some important touchpoints for the protracted governmental debt crisis in Europe's 17-nation euro...

European Firms Plan for Greek Euro Exit

British electrical retailer Dixons has spent the last few weeks stockpiling security shutters to protect its nearly 100 stores across Greece in case of...

S&P Raises Greece's Rating Out of Default

Standard & Poor's raised Greece's credit rating out of default territory on Wednesday, as expected after Athens slashed its debt by about a third...

Greek Economy Still Floundering, But Out Of Default

ATHENS – Greece may still be broke, but it’s not in technical default anymore. The ratings agency Standard & Poor’s raised the country’s credit...

S&P Raises Greece Ratings to ΄CCC΄ from SD

Standard & Poor΄s raised Greece΄s credit rating to low-speculative grade on Wednesday, lifting it out of default territory as expected, after Athens completed the...

Greek Debt Swap Sees 95.7% Participation With Clauses

The Greek government said it reached its target in the biggest sovereign restructuring in history, with a 95.7 percent participation rate among investors after...

Bakoyianni Says Her Husband Transferred 1M Euros to Buy Ship

ATHENS – With Greece abuzz about the identity of a Member of Parliament said to have transferred 1,000,000 euros ($1.34 million) abroad at a...