Greek debt

Prime Minister George Papandreou said Thursday that a new aid deal for Greece, which also includes a 50% write-down of the country's debt, would give Greece time to enact badly needed reforms. Speaking in a nationally televised address, Papandreou also...

''The presence of representatives from the Troika in Greece should be continued in order to avoid problems of communication''. Speaking to a press conference this evening, Greece's Finance Minister Evangelos Venizelos explained to reporters the decisions made concerning Greece's...

EU's Energy Commissioner Günther Öttinger, the Director General for Energy Philip Löwe, and the head of the EU's Athens task force Hörst Reichenbach are reported to be engaged in ongoing talks about the possibility of Greece partially exiting its...

Protesters booed and yelled slogans at two government ministers attending the festivities of St. Dimitrios Day in Thessaloniki October 26. Defense Minister Panos Beglitis and  Deputy Infrastructure Minister Yannis Magkriotis attended the city’s St Demetrios cathedral on the occasion of...

There is no done deal yet between banks and the European Union on how much of a loss to take on Greek debt, the managing director of the Institute of International Finance Charles Dallara told CNBC. It is "unclear whether...

Prime Minister George Papandreou called for unity across Greece's political spectrum Tuesday, as European finance ministers and leaders struggled to come up with a definitive solution to Greece's debt woes that won't drag down other EU nations as well. A...

Fitch Ratings sees no quick fix to the euro zone crisis ahead of a crucial meeting of European leaders in Brussels on Wednesday and amid worrying signs that a European recession will set in this winter. "There is no quick...

A new bailout for Greece, currently being hammered out by European Union leaders as part of a broader rescue package for the bloc, will need a qualified majority of at least 180 in Greece's 300-seat Parliament, Finance Minister Evangelos...

Al Jazeera, the biggest broadcasting news station of the Arab world and its reporter Andrew Simmons have decided to visit the city of Chalkida to record opinions and reactions of simple citizens on the Greek financial crisis and the unpopular...

Finance Minister Evangelos Venizelos briefed Greek opposition party leaders on European talks about the country’s debt sustainability, the Athens-based Finance Ministry said in an e-mailed statement. Venizelos spoke to the party leaders, including the head of the main opposition party,...