Topic: Greece

Europe Goes Back to Plan A: Greece Has Got to Stay

Reuters

The big news out of Europe yesterday was a rush to plan B: Greece's exit from the eurozone. But today, almost in unison, the markets and the politicians are swinging the pendulum in the other direction. 

By Alexander Abad-Santos

May 24, 2012

Greeks Withdraw Cash from Banks Only to Be Robbed at Home

In one of the more disturbing trends you'll hear out of Greece: More and more people are withdrawing their life savings from banks they think are unsafe ... only to see all that cash swiped in a spike in home burglaries.

Comments | 1,673 Views

By John Hudson

May 23, 2012

The World Is Preparing for a Greek Exit from the Euro

From Wall Street to Brussels, the people with a stake in Greece's financial future are making plans for its exit from the Eurozone.

Comments | 1,597 Views

By Connor Simpson

May 19, 2012

G8: Greece Can Stay in Eurozone; Iran is 'Grave Concern'

President Obama invited world leaders from France, Germany, the UK, Canada, Italy, Japan and Russia, aka the G8, to a retreat in Camp David for the weekend, and they're coming to agreements on all kinds of big issues

Comments | 2,408 Views

By John Hudson

May 16, 2012

Is This What a Run on Greek Banks Looks Like?

In the last few weeks, market analysts have ratcheted up fears about a run on Greek banks. Now, some experts say those fears are beginning to materialize.

Comments | 6,007 Views

By John Hudson

May 14, 2012

Nightmare Scenarios if Greece Exits the Euro

European leaders and market analysts are starting to forecast the results of a Greek exit from the Eurozone and the projections don't look good.

Comments | 12,072 Views

By Adam Martin

May 11, 2012

Greece Just Cannot Get a Government Together

After frustrated Greek voters largely ousted the country's two major parties in elections over the weekend, the far-left and far-right politicians suddenly in office had to come up with a coalition government, and on Friday they decided they couldn't.

Comments | 674 Views

By Dashiell Bennett

May 7, 2012

What Happens to Europe Now?

This weekend's surprising election results may have permanently upended Europe's plans for economic reform as voters are making it clear that they are sick of austerity.

Comments | 2,765 Views

By Adam Martin

May 2, 2012

Reuters Will Defend its Greek Banker Story in Court

This is why media companies have reporting standards: Presumably Reuters will be able to legally prove its claims in an April 2 story about a Greek bank's questionable property deals.

Comments | 936 Views

By Dashiell Bennett

Apr 5, 2012

Financially Troubled Greek Man Commits Suicide in Front of Parliament

A retired pharmacist struggling under Greece's troubled economy committed suicide in the middle of a public square in Athens, becoming a powerful symbol of the country's fiscal crisis.

Comments | 1,685 Views

By Alexander Abad-Santos

Mar 22, 2012

Cartoon

Greece Is Closer Than You Think

Cartoonist Lisa Benson doesn't like what she "sees". 

Comments | 193 Views

By John Hudson

Feb 27, 2012

Germany Holds Its Nose for Another Greek Bailout

They weren't happy about it, but the German parliament voted to pickup Greece's tab once again in a bid to keep the Euro zone alliance strong, reports the BBC.

Comments | 152 Views

By Alexander Abad-Santos

Feb 22, 2012

Some Greeks Might Have to Pay for Their Jobs

It's being called the "negative salary": Due to austerity measures in Greece, it's being reported that up to 64,000 Greeks will go without pay this month, and some will have to pay for having a job.

Comments | 21,740 Views

By Dashiell Bennett

Feb 21, 2012

New Greek Bailout Deal May Not Solve Anything

If you think you have Greece fatigue, imagine how the financial kingpins of Europe feel after 13 hours of talks to approve a new bailout deal for the trouble nation — one that isn't likely to end the hand-wringing anytime soon.

Comments | 1,140 Views

By Dashiell Bennett

Feb 17, 2012

Armed Robbers Hit Archaeology Museum in Ancient Olympia

Thieves forced their way into an antiquities museum in southern Greece on Friday, making off with 60 to 70 items of "incalculable" value

Comments | 2,498 Views

By Alexander Abad-Santos

Feb 15, 2012

Hours Away From Deadline, Greece Swears It Has a Plan

Today is the day Greece the EU need to sign off on the paperwork to avoid Greece's default on March 20, and Greece's Finance Minister promises it will have a deal within hours.

Comments | 293 Views

By Dashiell Bennett

Feb 13, 2012

Greece Passes New Austerity Measures as Athens Burns

Even as more than 40 buildings across Athens were set ablaze by angry protesters, the Greek Parliament passed a series of strict austerity measures meant to save the country from financial ruin.

Comments | 3,421 Views

By Seth Abramovitch

Feb 12, 2012

Athens Burns As Parliament Prepares to Vote on Greek Bailout

Historic buildings in central Athens have been destroyed by fire as protesters riot outside Greek parliament. Inside, lawmakers prepare to vote on a 130 billion euro bailout deal.

Comments | 4,418 Views

By Alexander Abad-Santos

Feb 10, 2012

Greek Ministers Quit in Austerity Protest as Workers Take to the Streets

Workers showed their disapproval of the provisional austerity measures agreed upon by Greek leaders yesterday by walking out on their jobs for the second time this week, while Europe's economic "troika" sent Thursday's deal back to the drawing board. 

Comments | 1,402 Views

By Alexander Abad-Santos

Feb 9, 2012

Euro Leaders Grumble About Greece's Austerity Deal

After all-night meetings and a process riddled with delays and political posturing, Greek leaders have hammered out an austerity agreement to avoid default just in time for an EU meeting Thursday.


Comments | 409 Views

By Alexander Abad-Santos

Feb 8, 2012

Translation Gaffes and Posturing Are Holding Up Greece's Bailout Talks

After yesterday's meeting was postponed, Greek party leaders were supposed to meet today to agree on a plan to avoid default, but it looks like a missing translation of the agreement is what's holding the crucial meeting up.

Comments | 237 Views

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