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.
Troubled Greek Broadcaster Mega to Lose License in Shakeup
Authorities in Greece say popular private broadcaster Mega Television has dropped out of bidding for a national television license under an overhaul of broadcasting regulations ordered by the country's left-wing government
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
Greece's Economy and How It May Affect the US
Greece 's economic crisis contributed to a dip in U.S. stocks today, but Americans may have learned their lesson from their past exposure to the nation. After the Greek people voted "no" for creditors' austerity measure, a " Grexit ," or a Greek exit from the European Union , may or may not happen.