Greece Crisis

Lagarde Has Little Sympathy For Greeks

AP | MEERA SELVA | Posted 05.26.2012

LONDON -- International Monetary Fund chief Christine Lagarde says she has more sympathy for poor African children than Greeks suffering under the cou...

Elderly Mother And Son Jump To Their Deaths In Athens

The Huffington Post | Daphne Lambadariou | Posted 05.24.2012

Tragedy struck Thursday morning in the center of Athens when a mother and son leapt to their deaths. Kathimerini newspaper reports that sixty-year-old...

'I Am Ashamed To Be Here'

AP | DEREK GATOPOULOS | Posted 05.20.2012

ATHENS, Greece -- Like many Greeks left unemployed by their country's economic tailspin, Dimitris Spachos finds it easier to talk about his nation's p...

The Crisis In Greece Just Keeps Getting Worse

AP | NICHOLAS PAPHITIS | Posted 05.18.2012

ATHENS, Greece — Germany's chancellor apparently waded into Greece's choppy political waters on Friday, when Athens said Angela Merkel suggested...

PM: 'Greece Is On The Brink, The Survival Of The Euro In Question'

Reuters | Posted 05.18.2012

By Matt Falloon MANCHESTER, England, May 17 (Reuters) - Prime Minister David Cameron urged Europe's rulers on Thursday...

Greek Parties Hit Political Stalemate, Euro Exit Fears Grow

Reuters | Posted 05.15.2012

By George Georgiopoulos and Karolina Tagaris ATHENS, May 14 (Reuters) - Greek leftists rejected a last-ditch proposal by the head of ...

Greece Nears 'Moment Of Truth' As Coalition Talks Fall Apart

Reuters | Posted 05.14.2012

* President to meet smaller parties from 1630 GMT * Talks with big parties hit impasse * Radical left seen gaining if ne...

Looking Toward The Greece Of The Future: Young Visionaries Bring Hope To Their Troubled Country

Posted 04.30.2012

After a debt crisis brought the country to its knees, Greece has been struggling to find its feet. But with suicide rates on the rise and unemployment...

Laid-Off Factory Worker In Greece Shoots His Former Boss

Reuters | Posted 05.04.2012

By Renee Maltezou and Deepa Babington KOMOTINI, Greece, March 4 (Reuters) - After more than 30 years as a factory worker, Dimitris Man...

S&P: Greek Debt Not Sustainable With Only 70 Percent Haircut

Reuters | Posted 04.09.2012

* S&P comment on Greece adds pressure on ECB to take losses * Credit conditions worsening in Italy, France despite ECB ...

Greek Official On Debt Deal: 'The Onus Is On Political Leaders'

Reuters | Posted 04.05.2012

* Venizelos says deal should be concluded by Sunday night * Wage, spending cuts remain key sticking points * Papademos e...

WATCH: Arianna Weighs In On Greece's Economic Crisis

Huff TV | Posted 03.23.2012

Huff TV

Arianna appeared on CNN's Fareed Zakaria GPS to discuss Greece's economic issues. "There is no work," she said. "You have 40% youth unemployment......

Stock Markets Sink Amid European Crisis

AP | MATTHEW CRAFT and DAVID K. RANDALL | Posted 01.09.2012

NEW YORK — Trouble on two fronts in the European debt crisis sent American stocks tumbling Wednesday to their biggest loss since the rocky tradi...

Crisis In Europe Puts Global Economy In Danger

Peter S. Goodman | Posted 12.21.2011

Peter S. Goodman

At this point, anyone not officially frightened by the bleak situation in Europe simply hasn't been paying attention. Even before the latest dispiri...

Greece Financial Crisis Creating Serious Health Problems

AP | By CHRISTOPHER TORCHIA | Posted 12.09.2011

ATHENS, Greece -- The Greek financial crisis has become a health hazard. Economically vulnerable Greeks are losing health care access amid dwindling ...

Greece Under Greater Pressure As Finance Ministers Delay Aid Payment

Posted 12.04.2011

(Annika Breidthardt and John O'Donnell) - European finance ministers are considering making banks take bigger losses on Greek debt and have postpo...

Could Europe's Economic Crisis Sink Us?

The Daily Beast | ZACHARY KARABELL | Posted 11.13.2011

As Americans fixate on the battle for the Republican presidential nomination and the continuing travails of the U.S. economy, the real story in financ...

Greece's Unemployment Rate Jumps Even More

Posted 10.11.2011

ATHENS, Greece (AP) -- Greece's Statistical Authority says unemployment in the debt-ridden country jumped to 16.6 percent in May. That's up from 12...

William Alden

Greece Debt Plan Doesn't Solve Fundamental Problems

HuffingtonPost.com | William Alden | Posted 09.21.2011

A deal struck by European leaders providing debt relief to Greece has soothed fears of a fresh crisis, but the nation's ailing troubles -- and by exte...

EU Leaders Give Rescue Fund New Powers To Contain Debt Crisis

Reuters | Posted 09.20.2011

(Reuters) - Euro zone leaders were set to give their financial rescue fund sweeping new powers to prevent contagion and help Greece overcome its ...

Hillary Clinton Compares Greek Austerity Plan To 'Chemotherapy'

Posted 09.17.2011

(Reuters) - Secretary of State Hillary Clinton on Sunday voiced strong U.S. support for Greece's battle to overcome its debt crisis, saying it was...

France, Banks Agree To Make Greek Plan More Agreeable To Creditors

Posted 08.26.2011

The French treasury and banks have agreed on a proposition to make a Greek debt rollover more palatable to creditors through a combination of long...

Greece Wracked By Political Turmoil In Debt Crisis

AP | NICHOLAS PAPHITIS | Posted 08.16.2011

ATHENS, Greece — Greece was wracked by political turmoil Thursday as the embattled prime minister faced down a party revolt over new austerity m...

Greece Could Make Big Money By Selling State Assets: ECB

Posted 07.28.2011

ATHENS/BERLIN (Angeliki Koutantou and Annika Breidthardt) - Greece could raise up to six times more than planned by selling state assets, an ECB p...

Wall St. Helped Greece To Mask Debt Fueling Europe's Crisis

nytimes.com | LOUISE STORY, LANDON THOMAS Jr. and NELSON D. SCHWARTZ | Posted 05.25.2011

Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the...