Greek Debt Crisis News
Angela Merkel Named Time's Person of the Year
The German chancellor was recognized for her leadership on issues including the Greek debt crisis.
Greek Leader Wants Action on Easing Debt Load
Greece's prime minister is calling for speedier implementation of the bailout-dependent country's deal with its creditors on easing its heavy debt load
UN's Ban in Greece Ahead of Visit to Lesbos Refugee Camps
The United Nations secretary-general is visiting a charity in Athens, ahead of talks with Greek government officials and a trip to the island of Lesbos, which is at the forefront of Greece's immigration crisis
What's Behind the US Stock Market's Rough Ride in the Past Week
Following a slump in the U.S. stock market last week, share prices went for a roller-coaster ride today, with the Dow Jones industrial average plunging about 1,000 points in the morning before recovering somewhat in afternoon trading. The volatility of the market appears to be related to domestic
Here's What's Driving the Decline in US Stocks
Following a slump in the U.S. stock market yesterday, shares continued to plunge today related to domestic and global economic concerns. Today, the Dow Jones industrial average had its worst day in four years, losing about 529 points, or 3.1 percent, to 16,461 at the close of trading in New York;
Greek Banks Reopen After 3-Week Shutdown
Restrictions on cash withdrawals remain in place, as Greece also begins implementing new taxes on goods and services as part of negotiations for a bailout deal.
Greece Bailout Deal: What It Means for the Country
After nearly 17 hours of negotiations, Greece and its creditors reached a deal today that keeps the nation in the European Union -- avoiding an unprecedented " Grexit ," while paving the way for a third bailout . But the Greek people are not "out of the woods" yet, economists say. It's not clear
Greek Debt Crisis Deal Announced
The massive bailout requires strict spending cuts while allowing Greece to keep using Euro currency.
What Greece's Leaders Can Learn From Greek Philosophers
While Greek thinkers Socrates, Plato and Aristotle are known as some of Western civilization's greatest philosophers, and not necessarily economists, their work may have some nuggets of wisdom for their modern descendants facing the current financial crisis . These giants of philosophy may or may