Latest Headline News From Greece

ATHENS (AFP) - Greece began preparing Friday for its second election in just six weeks, amid increasing alarm over the crisis in the eurozone after the savage downgrading of banks in Spain.European ...

Taipei, May 18 (CNA) The local bourse took a hit Friday as selling focused on market heavyweights to push down the index below the 7,200 point mark amid escalating fears that debt-ridden Greece will ...

European Parliament president Martin Schulz, who has expressed himself in favour of Greece's stay in the eurozone, is visiting the nation's capital on 18 May. From Athens, via his ...

NEW YORK (CNNMoney) -- The Greek financial system is straining hard for cash.Consumers and businesses are making massive withdrawals from Greece's banks -- leading to concern ...

The Greek financial system is straining hard for cash.Consumers and businesses are making massive withdrawals from Greece's banks -- leading to concern ...

Greek banks, struggling to stay afloat after two years of unending crisis, are back in the firing line, beset by rumours of a run on deposits and facing more uncertainty as the country holds fresh ...

Greece is following the road taken by several other crisis-ridden emerging economies over the past 30 years. Indeed, as I argued earlier this year, there are stunning similarities between this ...

He told the United Nations in New York that EU financial commitments towards Greece will be honoured – in return for Greece keeping to the terms of the bailout deals designed to keep the ...

Greece's credit rating has been downgraded due to the "heightened risk" that the political and economic crisis could drag the country out of the ...

Greece Australian Boomers star Aleks Maric says he is unhurt despite a rock-throwing attack on his team bus that forced two Greek club team-mates to go to hospital in Athens.The Europe-based ...

Russian stocks continue falling on Friday, hitting fresh lows as investors deserted emerging markets amid political uncertainty in Greece and the European debt crisis. By 11:07 p.m. Moscow time, ...

Europe would be foolish to cut off funding to Greece, the head of Greece's radical left group says, but if it does, Greece will repudiate its debts, he said. "Our first choice is to ...

PARIS: Greece's European partners took too long to help the country and the goal must now be to spur economic growth as well as cutting the debts of ...

Most forecasters brave enough to predict the likelihood of a eurozone break-up say the chance of a "Grexit" is now between 50pc and 75pc. Here's what some economists have been ...

ATHENS - For years now, Greeks have been bombarded with warnings about the dire consequences of leaving the euro, and never more so than since the recent, indecisive election that left the country ...

7.49am: Moody's decision to downgrade much of Spain's banking sector last night has put country's financial problems under even more scrutiny.Some downgrades had been anticipated, but ...

Greek exit from the eurozone, saying the country's economy could collapse within days if it abandoned the single currency. "Many people believe that it would be the end of a negative cycle ...

-- With much of the business and financial world waiting nervously for the results of new elections in Greece, young people on the streets of Athens on Thursday sounded more concerned about the ...

As the ramifications of Greece’s financial problems have spread, Americans of Greek descent have been struggling with how to respond. For many, the crisis represents an emergency as acute as ...

WASHINGTON - It is increasingly conceivable that Greece may leave the euro zone, not just because of its own political dysfunction but also because the consequences of such an exit for the rest of ...