greece crisis

Euro zone looks to help Greece on debt after it passes reforms

The euro zone turned its attention tentatively on Monday to helping Greece tackle its huge debt repayments, with a view to a deal on May 24, after Greek lawmakers passed unpopular pension and tax reforms one critic called "a

Veteran Greek leftist Panagiotis Lafazanis parts ways with Alexis Tsipras

Veteran Greek leftist Panagiotis Lafazanis parted ways with his old comrade Alexis Tsipras on Friday, founding a new party dedicated to finishing off the country's bailout before the bailout finishes off the country.

Greek opposition tries to form government but election looms

Greece's president asked the main opposition party Friday to try to form a new government, a day after Prime Minister Alexis Tsipras resigned and called an early election next month to deal with a governing party rebellion ov

Greece crisis: PM Alexis Tsipras resigns, paving way for snap Greek election

Prime Minister Alexis Tsipras resigned on Thursday, hoping to strengthen his hold on power in snap elections after seven months in office...

Agnela Merkel says migrants bigger challenge for EU than Greece crisis

Chancellor Angela Merkel today condemned a surge in German attacks on refugee shelters and warned that the issue of asylum could become a bigger challenge for the European Union than the Greece crisis.

Greece’s creditors praise Athens’ cooperation before Friday’s Eurogroup

Greece's creditors praised the government's cooperation during negotiations to clinch a third bailout deal worth 85 billion euros ($94.78 billion) ahead of a meeting of euro zone finance ministers in Brussels on Friday.

Greece to get 6 bn euros in bridge loans if no agreement at Eurogroup: Report

Greece could get 6.04 billion euros in bridge financing if euro zone finance ministers cannot agree on the planned third bailout for Athens when they meet on Friday, according to German newspaper Bild, citing a European Commi

Greece agrees steps to tackle banks’ bad loans

Greece will take steps to tackle the mountain of bad loans weighing on its banks as part of its deal with international creditors, a draft of the agreement obtained by Reuters showed on Wednesday.

Refugees stream into Greek island, meet wretched conditions

Dozens of boat people from the Middle East reached the Greek island of Kos from nearby Turkey Wednesday, joining thousands already camped in wretched conditions on what is normally a tourist playground known for its sun and b

Greece and lenders agree bailout after all-night talks

Greece and its international lenders reached an 85 billion euro bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin.

Greece bailout deal broadly agreed, says Finance Minister

Greek finance minister Euclid Tsakalotos has said that the country has broadly agreed to the substance of a bailout deal with its creditors.

Germany gained $109 billion from Greece crisis: Study

Germany, which has taken a tough line on Greece, has profited from the country's crisis to the tune of 100 billion euros ($109 billion), according to a new study.

Greece’s battered economy threatens to sink further

Greece's bruising fight with its international creditors sent economic sentiment to its lowest level in nearly three years in July and knocked manufacturing activity down to record lows.

Eyes on banks as Greek stock exchange to reopen

Attention will be focused on Greece's embattled banks tomorrow when the Athens stock exchange reopens after a six-week shutdown over the country's debt crisis.

Greece crisis: Stock market to reopen Monday after five-week shutdown

Greece's stock market will reopen on Monday after a five-week shutdown caused by capital controls, but local investors will face restrictions aimed at stemming capital flight, a bourse spokeswoman said on Friday.


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