Greece exit from euro

Greece will go bankrupt and exit the euro if it pulls out of its loan agreement with international lenders

Greece in dilemma

Markets are jittery over the possibility that Greece will leave the euro. The European debt crisis is reaching a boiling point. Greece is flirting with an exit from the euro currency

Euro uncertain future

The euro slided under pressure from uncertainty over the future of Greece in the eurozone

Euro Crisis Grows

The International Monetary Fund is helping Europe explore politically-palatable alternatives to euro bonds as a way to help solve its worsening debt crisis.

EU states prepare Greece exit plans

The Crisis of European Democracy

IF proof were needed of the maxim that the road to hell is paved with good intentions, the economic crisis in Europe provides it.

Euro zone crisis

The rapid deterioration in the euro zone debt crisis over the past month, with Greece's potential exit from the 17-country currency bloc

Bruised Merkel returns home to more policy fights

Angela Merkel returns from one of her most difficult foreign trips to face more severe tests

Merkel did not push Greece referendum idea

German Chancellor Angela Merkel asked Greek President Karolos Papoulias what he thought of the idea of holding a referendum on Greek membership in the euro but did not actively push for it, Bild newspaper reported on Saturday.

Pressure mounts on Angela Merkel over Euro crisis

As the world leaders arrived in the US, reports emerged from Greece that Angela Merkel had suggested to the Greek government that a referendum on staying in the eurozone should be held alongside elections next month

Greece burns the Euro, Olympic Flame set off for London

As Greece burns the Euro, Olympic Flame set off for London

Greece needs austerity programmes

G8 leaders are meeting at US President Barack Obama 's Camp David retreat to seek ways to restore confidence in global financial markets after the risk of Greece leaving the eurozone and Spain's banking problems sent world stocks to their lowest levels this year.

G8t o take all necessary steps to combat financial stresses

G8 leaders have expressed hope that debt-stricken Greece stays in the eurozone and vowed to "take all necessary steps" to try to combat the deepening economic turmoil in Europe.

Greece to dissolve Parliament for new election

Greece's Parliament held its last session Friday to allow for new elections next month that are being cast as a decision on whether to keep the country in the 17-nation eurozone — even if that means accepting a deeply unpopular austerity program.

Merkel talks with Greek president

German Chancellor Angela Merkel discussed with Greece's President on Friday whether his country should hold a referendum on staying in the Euro, but the idea was vehemently rejected by Greece's two biggest parties.

Greece on the brink to exit European Uninon

As Greece getting closer toward a possible eurozone exit, depositors are draining their bank accounts, and European leaders are beginning to plan for a post-Greece future

Greece election set for June 17

Greece will go to polls for the second time in less than two months on June 17, the country's state-run news agency said on Wednesday, as fears grew of more instability over the country's euro zone future.

Greece names technocrat cabinet

This guide aims to be a strong incentive to the inquisitive voyager to Greece.

Euro ministers push Greece to stay

Greeks fed up with the painful austerity measures gave support to anti-bailout parties in last week's elections.The European Commission hopes Greece will remain part of the euro zone.

Greek attempts to stick to Germany's reform plan

Germany is ready to consider additional measures to promote growth in Greece but the struggling economy must still carry out agreed reforms, Eurozone finance ministers, set to meet in Brussels, are apparently at a loss over how to respond to political paralysis in Greece

Greece plan for economic crisis fails

Talks aimed at stitching together a coalition government in Greece will drag on into Monday after another day of negotiations failed. President Karolos Papoulias spent Sunday in consultation with the main political parties - despite there being no sign of any significant progress.

Merkel party braces for defeat

German Chancellor Angela Merkel told the country's Parliament that the only way Europe can recover from its debt crisis is if it presses ahead with structural reforms and tough measures to bring borrowing levels down. She has being accused of boosting the far-right in Greece and raising the risk of it exiting the euro zone.

Europe fails to help Greece

Greece will not receive any more financial aid if it does not stick to the agreed bailout deal, European Central Bank policymaker and head of Germany's Bundesbank Jens Weidmann was quoted as saying on Saturday

Crisis, Confusion, Protest

Both Pasok (Center Socialist) and New Democracy (Center Right), the country's two traditionally dominant parties, suffered a humiliating defeat in the May 6 election. They lost votes to the small parties campaigning against austerity measures.

More pain in Greece as unemployment hits record

Greece's recession, one of the worst in postwar Europe, has put more than one in five people out of work.A majority of Greeks on Sunday rejected the terms of a 130 billion euro EU/IMF bailout that is keeping the country solvent but only in exchange for harsh debt-cutting measures.

Greek stocks plunge 7.6% in early trading

Conservative rebel shakes up post-crisis Greece election

Europe braces for Greek election

Not only Greece but also Europe braced on Saturday for an election that polls indicate will decimate the two main parties and fail to produce a clear winner, sparking market fears about fresh eurozone turmoil.

Illustration

can new election save Greece?

Like most Greek tragedies, the current political and economic crisis playing out in Greece today...