Greece's Finance Minister Evangelos Venizelos has resigned, one day after being elected to lead the Socialist party PASOK in the run-up to elections. Venizelos announced his resignation Monday after meeting with Greek President Karolos Papoulias. Ven...
Greece is nearing its goal of getting the country's private lenders to eliminate $142 billion of the country's debt to help it avoid a default on its financial obligations later this month. A government official told news agencies Thursday in Athens...
Greece is edging closer to its goal of getting the country's private lenders to eliminate $142 billion of the money it owes them, but remained short of the target as a Thursday deadline neared. The Athens government says it needs the banks, pension f...
Greek Prime Minister Lucas Papademos continues emergency talks with Greek party leaders Monday on more spending cuts, with his finance minister warning that the country is on a knife edge (brink of disaster). The government and parliament must agree...
Debt-ridden Greece is warning that it could be forced to abandon the common euro currency if it does not secure a second international bailout to avoid defaulting on its loans. Greece won tentative European approval for the $169 billion bailout in Oc...
Greece and Spain faced new pressure Tuesday from the European debt crisis. The European Union bluntly told the Athens government it would not receive its next $11 billion installment from last year's bailout unless its fractious political leaders sig...
Greece is predicting that its budget deficit will decrease sharply next year, even as its economy continues to contract and unemployment increases. The interim Greek government unveiled its 2012 austerity budget to Parliament Friday. It says the spen...
IN THE NEWS - Europe and the Debt Crisis in Greece 新闻报道 - 希腊债务危机和欧洲的应对 This is IN THE NEWS in VOA Special English. 这里是美国之音慢速英语新闻报道。 For months, people around the world have watched the s...
ATHENS, Oct. 27 (Xinhua) -- A new deal reached early Thursday at the European Union summit in Brussels to tackle the Greek debt crisis and avert contagion across the eurozone was met with mixed reactions in Greece. Opposition political parties, media...
Banks get ready for Greek failure to pay debt 26 September 2011 There are widespread reports that leading economies are considering allowing Greece to fail to pay their international debts. It comes ahead of an important meeting between the boss of t...