10 February 2012, 4:14 am
Thousands took to the streets of Athens as unions launched a two-day general strike against planned austerity measures on Friday, a day after Greece's crucial international bailout was put in limbo by its partners in the 17-nation eurozone.... Read More »
10 February 2012, 3:04 am
Greece faces more uncertainty Friday after euro zone finance ministers laid out tough conditions that must be met before they will sign off on a new 130 billion euro ($172.6 billion) bailout deal for the debt-ridden country.... Read More »
10 February 2012, 2:22 am
NEW DELHI (Reuters) - European Commission President Jose Manuel Barroso expressed confidence that a second bailout package for Greece would be finalized next week, but said Athens needed to implement structural reforms to restore confidence in its economy. The European Union and the International Mo... Read More »
10 February 2012, 1:13 am
(Reuters) - Here is a look back at Greece's financial crisis since a deal with the EU and IMF was sealed in 2010. May 2, 2010 - Prime Minister George Papandreou says he has sealed a deal with the EU and IMF, opening the door for a bailout in return for extra budget cuts of 30 billion euros ($43 ... Read More »
9 February 2012, 10:37 am
Greece's political leaders on Thursday agreed to steep government cutbacks and economic reforms to qualify for a euro130 billion ($170 billion) bailout from other countries in Europe and around the world.... Read More »
9 February 2012, 8:34 am
Greece has agreed to implement painful austerity measures – including a 22 percent cut in the minimum wage – in order to receive the money it needs to pay off debt due in March.... Read More »
9 February 2012, 7:57 am
Taking negotiations to the eleventh hour, Greece announced an agreement Thursday on new austerity cuts demanded by its international creditors to release a €130 billion ($173 billion) bailout, shortly before a crucial meeting of finance ministers in Brussels.... Read More »
9 February 2012, 6:06 am
Greece has reached a tentative agreement on new austerity cuts demanded by creditors to release a euro130 billion ($173 billion) bailout, hours before a crucial meeting of finance ministers in Brussels, Prime Minister Lucas Papademos' office said Thursday.... Read More »
9 February 2012, 4:04 am
Greece's crucial euro130 billion ($173 billion) bailout was in limbo Thursday, after political leaders failed to accept the entire batch of new austerity measures that are demanded by creditors but have fueled outrage in the recession-hit country.... Read More »
9 February 2012, 12:20 am
Greece failed to finalize terms for a crucial euro130 billion ($173 billion) bailout Thursday, but Finance Minister Evangelos Venizelos headed to Brussels to meet top EU officials, hoping to rescue the agreement and stave off bankruptcy.... Read More »
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