Greece tourism hit by euro crisis

20 May 2012, 11:36 am

Europeans are avoiding vacations to Greece this summer fearing instability sparked by the debt crisis, industry sources say, inflicting a hard blow to the country's already devastated economy.... Read More »

Greece Crisis Threatens To 'Open Door To Hell'

20 May 2012, 4:09 am

Greece's former finance minister has told Sky News that if Greece reneges on its bailout deal with the EU and the IMF it will "open the door to hell".Sky News last interviewed George Papaconstantinou ...... Read More »

Window to Keep Greece in Euro Closing

20 May 2012, 4:00 am

Greece's exit from the euro is not a done deal, but the chances of it staying in the common currency are getting slimmer by the day.... Read More »

G8 leaders back Greece amid tensions

20 May 2012, 3:42 am

G8 leaders said they want debt-stricken Greece to stay in the eurozone at a Camp David summit as the group papered over deep-seated divisions about how best to tackle the eurozone crisis.... Read More »

G8 backs Greece, papers over tensions

19 May 2012, 11:13 pm

G8 leaders expressed their wish to see Greece stay in the eurozone at a Camp David summit as the group papered over deep-seated divisions about how best to tackle the eurozone crisis.... Read More »

Greece 'needs austerity programmes'

19 May 2012, 6:51 pm

German Finance Minister Wolfgang Schaeuble said cash-strapped Greece needed to implement EU and IMF-imposed austerity measures as European solidarity was "not a one-way street."... Read More »

Greece tops G8 agenda as eurozone crisis snares Spain

18 May 2012, 6:32 pm

Fears that debt-stricken Greece may be headed for a chaotic eurozone exit loomed large as President Barack Obama met other G8 leaders for crisis talks in the United States.... Read More »

Greece: Germany's Merkel suggests euro referendum

18 May 2012, 2:10 pm

Germany's chancellor apparently waded into Greece's choppy political waters on Friday, when Athens said Angela Merkel suggested that the country should hold a referendum on the euro together with next month's national elections.... Read More »

Greece and Germany in War of Words Over Euro Crisis

18 May 2012, 1:35 pm

A telephone conversation on Friday between Germany’s chancellor and Greece’s president became the latest flashpoint in the unfolding crisis over Greece’s membership in the euro.... Read More »

Greece to dissolve Parliament for new election

18 May 2012, 10:04 am

Greece's day-old 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.... Read More »