Greek Crisis

German Chancellor Angela Merkel is willing to allow Greece extra time to meet its deficit goals, up to the most a couple of weeks, German daily Rheinische Post reported Friday citing government sources. The Greek government, however, announced on Thursday...

Most Greeks believe their new government is unable to resolve their near-bankrupt country's problems, a poll found on Thursday. The poll by Public Issue for Skai TV and the Kathimerini daily found 51 percent of Greeks believe the government is...

The International Monetary Fund said Thursday that Greece has failed to meet a number of targets in the IMF bailout program, insisting it is too soon to discuss revisions to the plan. "So far, some targets were met, a number...

The Greek government will have to decide on new measures requiring up to 3 billion euros within the next 15 to 20 days, until the return of troika to Greece, the final report of which will determine the 32...

Greece has enough cash reserves to meet the government's operating needs until at least early August and possibly longer, two government officials said Tuesday, despite earlier warnings Athens could run out of money as early as this month that...

European Union finance ministers are in Brussels for a two-day meeting to flesh out June agreements on the eurozone debt crisis. They are downplaying expectations, even as they face tremendous market pressure to deliver. Banking supervision, aid to Spain and...

Greece's coalition government breezed through a largely symbolic confidence vote late Sunday, winning the tough mandate of tackling a two-year-old crisis and keeping the country safely in the eurozone, AFP reports. After three days of tense parliamentary debate, 179 lawmakers...

Greek Prime Minister Antonis Samaras's government faced a confidence vote on Sunday capping three days of often heated debate over how the recession-wracked country can emerge from the crisis. "The goal of the government is to guarantee the place of...

Nearly half of Germans think the eurozone would be better off without Greece, according to a survey to be published in the German weekly news magazine Focus on Monday. The poll by the Emnid Institute found that 49 percent of...

There will be no further cash disbursement to Greece until euro zone ministers determine that the conditions tied to its rescue programme are being met, a senior euro zone official said on Friday. "There will be no disbursement to Greece...