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Right-wing leader Nicos Anastasiades won the Cyprus Presidential election balloting on Feb. 17, but without the 50 percent majority he needed to claim the...

Greece’s biggest financial institution, the National Bank of Greece said it is going to eliminate 2,000 jobs, or about 15 percent its workforce to...

A pending bailout for Cyrus, whose banks were brought to the edge of default when their holdings in Greek bonds were devalued 74 percent...

A European Central Bank (ECB) Executive Board member, Jorg Asmussen, said it's critical for the stability of the Eurozone to finalize a bailout deal...

Unable or unwilling to collect $70 billion in unpaid bills of tax cheats, the Greek government’s turning to higher taxes for those who can’t...

If the Greek government fails to collect from tax evaders it will be forced to again cut worker’s salaries and pension benefits despite Prime...

Cyprus, awaiting big international bailouts as for its banks to be saved after suffering huge losses when the Greek government imposed big hits on...

It's been a long time coming, but Greece is expected to get all of a first series of 34.3 billion euros ($45.2 billion) loan...

After initially saying it had secured enough participation, Greece has extended the deadline for a buy back of its bonds in a bid to...

President Demetris Christofias on Tuesday blamed "criminal" action by Greek-exposed banks for Cyprus having to accept painful bailout terms for EU aid. In a move...