The latest news on Greece
ATHENS, Greece (AP) — Greece has avoided imminent bankruptcy after its international creditors finally agreed to give it the money it urgently needs but the cash-strapped country's economic distress is likely to drag on for years to come.
BERLIN (AP) — Greece's international creditors are proposing granting the country two more years to meet its debt reduction targets as the country enters its sixth consecutive year of recession, according to a draft document obtained by The Associated Press Monday.
ATHENS, Greece (AP) — Greece's coalition government will delay a vote on major new austerity measures by another week, warning Tuesday there would be financial chaos if a deal is not reached.
MADRID (AP) — Spain and Greece outlined plans Thursday to cut spending and raise taxes to convince international lenders and financial markets they are on the right track to cut their deficits.
LONDON (AP) — Financial markets recovered their poise Thursday, though investors remained concerned that Greece and Spain will struggle to implement thier debt-reduction strategies.
Political extremes are dominating the European political landscape, but the center can do something about it.
A departure from the euro would cause a slew of problems for the Greek government.
ATHENS, Greece (AP) — A deputy labor minister resigned on Monday from Greece's new coalition government, saying it should have pressed harder to renegotiate the terms of the country's bailout agreements.
Nothing new came out of the Greek elections, which means Europe's woes will weigh on markets for months.
ATHENS (AP) — Greece's election result has eased fears of an imminent financial disaster for Europe, but the region's indebted governments remain under heavy pressure. Spain and Italy are fighting to keep their borrowing costs down and European leaders are struggling to find agreement on how best to fix the shared currency's deeper problems.