Home
> Greece
Greece
Greek Parliament Passes Tough Austerity Budget
Budget passed by 167 votes to 128 amid protests outside parliament, but it will take quite some time for much-needed bailout funds to be available.
Greece Parliament Narrowly Approves Austerity Measures
Package of tax hikes and pension cuts passes by 153 votes to 147 after 14-hour debate.
Greece Bailout Package Stalled over Labour Reforms [VIDEO]
Coalition's leftist parties say workers’ rights curbed enough and reject wage cut proposals.
IMF Annual Meeting: Christine Lagarde Says Greece and Spain Should Have More Time to Reduce Deficits
Several emerging economies welcome new policy, but Germany opposes it.
Greeks to Protest against Merkel's Visit despite Ban [VIDEO]
Protesters hit the streets on the eve of Merkel’s visit - giving a foretaste of what is to come.
Greece Braces Itself for Strike and Protests over Austerity Measures
The 24-hour nationwide strike is likely to bring normal life to a halt as almost all sections of society have thrown in their lot with the unions.
Greek Restaurant Offering Single Bottle of Champagne For €120,000
Reports claim an Arab guest has already ordered a bottle.
Greece: Finance Minister Vassilis Rapanos Quits Citing Ill Health
Vassilis Rapanos would have been a key negotiator with EU officials on bailout terms.
Asian Markets and Euro Surge after Greek Election Results [VIDEO]
Japan's Nikkei, Hong Kong's Hang Seng, South Korea's Kospi and China's Shanghai Composite all edged up.
Greeks' Choice of Pro-Bailout Party Gives Hope to Eurozone [VIDEO]
New Democracy secures 29 percent of the vote. Victory expected to give crucial economic and fiscal reforms a chance.
Greeks Vote in Key Elections Over Fate of Eurozone Membership
The voters were less enthusiastic and evidently frustrated at the current situation.
Greeks Set to Vote in Make-or-Break Election
Coalition government is likely to be formed after the elections with the help of small parties in the race.
Greek Parties Latch On To Spain Bailout Ahead of Elections
New Democracy, Pasok and Syriza, all try to make political capital out of Spain's bailout.
Markets and Euro Surge after Spain's Bank Deal [VIDEO]
The MSCI Asia Pacific index, Hong Kong's Hang Seng and China's Shanghai Composite index all witnessed rises.
Global Markets Improve As G7 Set to Hold Emergency Talks
Emergency G7 talks on eurozone crisis gives a ray of hope for global markets.
Sex Industry Sinks and Suicides Surge in Greece
The once thriving sex industry in Greece has taken a huge blow in recent years.
Greece Crisis: Mother and Son Commit Suicide over Financial Woes
Antonis Perris was a 60-year-old Greek musician and his mother was 91 years' old.
G8 Summit: Top 10 Agenda Items From Talks
Apart from eurozone crisis, the summit concentrated on a whole range of issues including Afghanistan and Iran.
G8 Summit Pledges To Save Greece, Euro Zone And The World Economy
Leaders stress importance of cohesive eurozone and the need for Greece's continuation in the bloc.
Euro Drops against Dollar and Yen: What would be the Future of Single Currency after G8?
Euro is treading in negative territory due to concerns of Greece crisis contagion.
Top 10 Likely Issues at G8 Summit
From the eurozone crisis to Afghanistan, Syria and rising global oil rises are likely to figure at the summit.
Greek Exit Fears Catch Up With ECB
World Bank President Robert Zoellick has been quoted as saying that the core question will be not Greece, but Spain and Italy.
Greece’s Euro Exit Fears Spread Panic to World Markets, Fresh Talks to Begin
World markets fall as Greece's euro exit looms large following failure of talks to form coalition government.
Will Euro Touch Its 2012 Lows?
The downtrend in the euro (EUR) seems set to last in the coming weeks as the single currency continues to come under pressure due to political uncertainty, sovereign debt crisis, and deepening recession in the eurozone.
Greek Parties Meet to Discuss Coalition Government
Banks across Europe could be harmed by crisis deepening or refusal to repay debts.
Greece Stares at Another Round of Elections
After New Democracy and Syriza, the socialist Pasok becomes the third party to fail to form a coalition government.
Pasok Trying to Form Coalition Government in Greece
Analysts consider the chances of third-placed Pasok slim and warn Greeks may have to vote again.
Greek Elections: Political Logjam as Asian Markets Take Fright
The wrangle over the Greece parliament continues as the leftist Syriza party, which is seen as the favourite to form the government, failed to stike a deal with the coalition partners.
Greek Elections: Voters Vent Anger Against Two Main Parties
Pasok and New Democracy parties failed to secure majority in the Greek parliamentary elections.
Angry Greeks Vote in Parliamentary Elections
Voters are expected to reject the two main parties Pasok and New Democracy party.