Greek Debt Crisis News
Eurozone chief urged to quit for 'liquor and women' quip
Portugal led calls on Wednesday for the eurozone's top official to resign for what many saw as derogatory comments about debt-ridden southern nations spending foolishly and relying on their northern partners to bail them out
Greek police contacting targets of parcel bombs
Police in Greece are contacting the targets of eight parcel bombs addressed to European finance officials and businesses in various European countries, after the devices were discovered and neutralized at a postal sorting office near Athens
Greek unemployment up again in Oct-Dec, hits 23.6 percent
Greece's statistical authority says the unemployment rate in the financially struggling country is rising again, reaching 23.6 percent in the last quarter of 2016 _ one percentage point up on the quarter
Angela Merkel Named Time's Person of the Year
The German chancellor was recognized for her leadership on issues including the Greek debt 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