Nov 27, 2012 22:47 EST
The eurozone and IMF saved Greece from bankruptcy on Tuesday in a re-drawn rescue that Greek leaders said marked a new beginning for a country facing further austerity in the midst of recession.
Nov 27, 2012 10:54 EST
The eurozone and IMF saved Greece from bankruptcy with a re-drawn rescue on Tuesday which Greek leaders said marked a new beginning for their people facing further austerity in the midst of recession.
Nov 27, 2012 06:23 EST
The eurozone and IMF threw a new lifeline to Greece on Tuesday, releasing funds to avert bankruptcy and admitting that help to reduce debt will be needed for years, leading the Greek prime minister to herald a new dawn for his country.
Nov 27, 2012 05:58 EST
Asian shares mostly rose Tuesday after a multi-billion euro loan deal for Greece but Shanghai closed near a four-year low over growing pessimism about the state of the world's second biggest economy.
Nov 26, 2012 23:22 EST
Greece won breathing space with long-frozen eurozone loans to restart from December and a first clear admission that a chunk of the country's debt burden will need to be written off down the line.
Nov 26, 2012 21:28 EST
Greece won big breathing space with long-frozen eurozone loans to restart from December and a first clear admission that a chunk of the country's debt burden will need to be written off down the line.
Nov 26, 2012 15:32 EST
The eurozone and the IMF battled late Monday under mounting pressure to conclude a long-delayed deal on immediate funding to avert bankruptcy for Greece.
Nov 26, 2012 10:28 EST
Eurozone finance ministers met Monday with the aim of reaching a long-delayed agreement on immediate funding to avert bankruptcy for Greece and how to tackle the country's ever-growing mountain of debt.
Nov 26, 2012 07:12 EST
Eurozone finance ministers meet on Monday for the third time in two weeks on immediate funding to avert a threat of bankruptcy for Greece and to deal with the country's ever-growing mountain of debt.
Nov 25, 2012 21:41 EST
Eurozone finance ministers meet in Brussels Monday for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.
Nov 22, 2012 13:29 EST
France and Germany called for compromise Thursday at an EU summit on the bloc's hotly disputed trillion-euro budget, after British Prime Minister David Cameron turned up in Brussels threatening to wield his veto.
Nov 21, 2012 12:31 EST
European leaders insisted Wednesday that their imminent third attempt in as many weeks to unblock bailout funds for debt-stricken Greece will likely succeed, as Athens warned that the stability of the entire eurozone depends on it.
Nov 21, 2012 07:49 EST
Greek Prime Minister Antonis Samaras on Wednesday called on his EU peers to step up efforts to release vital funds to Athens, warning of a threat to the eurozone after finance ministers failed to settle the matter.
Nov 21, 2012 03:56 EST
Eurozone finance ministers failed at an emergency meeting on Wednesday to strike a deal to unblock bailout funds needed to keep Greece from bankruptcy and said they would try again next week.
Nov 16, 2012 03:56 EST
Greece on Friday was in the process of repaying a five-billion-euro treasury bill with money raised from another debt issue this week, thus avoiding a payment default, a debt management agency source said.
Nov 13, 2012 03:09 EST
European finance ministers focus on how to boost the slumping economy and the bloc's hotly contested budget after their eurozone peers reported progress on solving Greece's bailout problems.
Nov 12, 2012 19:46 EST
Eurozone finance ministers agreed Monday to meet again November 20 to clear the way for a long-delayed Greek aid payment, but a proposal to change its debt reduction deadline sparked the ire of the International Monetary Fund.
Nov 12, 2012 15:33 EST
Eurozone finance ministers discussed Monday how to bring Greece back from the brink after a report obtained by AFP showed that easing the terms of its debt bailout could cost nearly 33 billion euros more.
Nov 12, 2012 11:04 EST
Eurozone finance ministers went into talks on Monday to discuss next steps to bring Greece back from the brink after Athens received a "positive" report card from its international creditors for sticking to austerity.
Nov 12, 2012 08:40 EST
Eurozone finance ministers will mull next steps to bring Greece back from the brink of bankruptcy Monday after Athens received a "positive" report card from its international creditors.