Eurozone

The eurozone has focused on helping Greece putting its financial house in order while ignoring the vital question of growth, Eurogroup chief Jean-Claude Juncker said in an interview on Sunday, quoted by AFP. "I believe we have not paid enough...

Standard & Poor's rated new Greek bonds on Thursday issued under its bond swap at "CCC", or still vulnerable to default, and indicated it would likely assign the same rating for the country. After the swap is completed "we will...

Eurozone countries formally approved on Wednesday a second, 130 billion euro financing package for Greece that will keep Athens funded until 2014, the chairman of euro zone finance ministers Jean-Claude Juncker said in a statement. "The euro area member states...

The notion that Germany is seeking to "occupy" Greece or control Europe through its economic might is "stupid", German Finance Minister Wolfgang Schaeuble told a Greek daily on Sunday. Schaeuble added that Berlin is "ready to do whatever is asked"...

The Greek economy shrank by 7.0 percent in the fourth quarter of 2011, compared with the corresponding period in 2010, Eurostat announced. The EU executive statistics agency, in a report published here, said the Eurozone economy grew by 0.7 percent...

A withdrawal of Greece from the eurozone would be "a disaster" for the Greek people, said Jose Manuel Barroso, President of the European Commission on Monday during his visit to Vienna. He was speaking in an interview with the Austrian...

ATHENS – While Greece has passed more austerity measures to give guarantees for a second bailout of $172 billion to keep the country from defaulting, mistrust among leaders of the international lenders hasn’t abated, with Eurozone chief Jean-Claude Juncker...

The chairman of the meeting of eurozone finance ministers says Greece has to identify an extra €325 million in savings for 2012 in order meet the terms of a much-needed bailout. Jean-Claude Juncker said Thursday the Greek parliament will also...

Crisis talks on a debt deal for Greece among the three leaders of parties supporting the coalition government were suspended and will continue on Monday. The three party leaders held a five-hour meeting late Sunday with Prime Minister Lucas Papademos...

ATHENS – With a first bailout of $152 billion failing to slow Greece’s slide towards default, a second rescue package of $169 billion won’t be enough to save the country either, and another $20 billion at least will be...