Let's step back for a minute and think about Europe when we strip away the clutter. An economic theorist might view Europe as an illustration of what economists call "risk-sharing": activities that spread or share risk across individuals so that everyone bears only a small amount.

Even as Greece desperately tries to avoid defaulting on its debt, American companies are preparing for what was once unthinkable: that Greece could so...

LONDON, Sept 3 (Reuters) - Only a quarter of Germans think Greece should stay in the euro zone or get more help from other countries, an opinion pol...

* Samaras says Greece determined to stay in euro * Hollande says Greece must show commitment to reform * German finmin r...

ATHENS, June 21 (Reuters) - The new Greek government plans to revise the terms of its bailout from the European Union and the International Monetary...

If the Eurozone breaks up, it's not going to be just Europe that suffers. The world's poorest countries stand to lose some $30 billion in trade and...

COPENHAGEN, June 7 (Reuters) - A Greek exit from the euro zone would be "catastrophic" for the country, former prime minister Lucas Papademos said o...

* Greece says Merkel, Papoulias discussed referendum * German spokesman denies Merkel proposed idea * Greek parties angr...

BRUSSELS, May 18 (Reuters) - The European Commission and the European Central Bank are working on an emergency scenario in case Greece has to leave ...

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

ATHENS, Greece — Greece's government warned Tuesday that the debt-crippled country will have to ditch the euro if it fails to finalize the detai...