Despite heroic efforts by the ECB and IMF, it remains highly unlikely that Greece can achieve the necessary reforms without the Greek people becoming convinced that those reforms will work and be worth the pain that individuals would have to endure to achieve them.

Stock prices around the world have fallen sharply in response to the growing likelihood that the Greek government could default on its debt and plunge...

The European Central Bank is acting as if it can dictate terms to Greece, but Greece is a sovereign country. As U.S. banks found out, when someone owes you money and they can't pay it back, you are in as much trouble -- sometimes more -- as they are.

(Reuters) - Greece has missed all fiscal targets agreed under its bailout plan, a mission from an international inspection team found, putting fur...

After every financial debacle or war, there is a huge political struggle over whether creditors get to stand in the way of an economic recovery. Greece is the poster child for this dilemma, and the Greek story reveals the real villain of the piece.

With IMF leader Dominique Strauss-Kahn under arrest for sexual assault, many have predicted the Euro's demise. After all, DSK is a founding father of the common currency and the architect of bailouts that have propped up the euro zone.

The recent events surrounding Dominique Strauss Kahn are a tragedy and will have a major impact at many levels. From my perspective, I see several levels of consequences:

BRUSSELS/ATHENS (By By John O'Donnell and Ingrid Melander) - The European Union is looking to lower interest rates on bailout loans to Greece an...

BERLIN — The 16-nation euro currency will survive the debt crisis, German Chancellor Angela Merkel vowed Thursday, and a senior central banker s...

In a Q&A preview for his upcoming piece in Vanity Fair, best-selling financial scribe Michael Lewis compares the Greek debt crisis to a Jonathan Franz...

t is time to recognise that Greece is not just suffering from a liquidity crisis; it is facing an insolvency crisis too. Rating agencies have started ...

TOKYO — Japan could face a financial mess like the one that has crippled Greece if it does not deal urgently with its swelling national debt, the ne...

GENEVA — Can anything stop the euro's decline? With the single currency facing the biggest crisis of its existence, European governments this m...