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With its income reduced dramatically and huge amounts of money lost in stocks and assets, Greece's Church might be soon faced with bankruptcy. Many...

Greece is on the brink of bankruptcy as private debt is higher than gross domestic product and rising, says a Greek Money report. Private debt...

On Tuesday, the German "wisemen," five independent economic advisers, argued in favor of creating a mechanism that would allow Eurozone countries to go bankrupt,...

German Finance Minister Wolfgang Schaeuble said on Monday that it is up to Greece to avoid a Grexit and bankruptcy, adding that the country’s...

An agreement with creditors is absolutely necessary in order for Greece to avoid bankruptcy and poverty and move towards growth, says the report written...

The fact that Greece is on the verge of financial collapse gives it an edge in negotiations as it may get more concessions from creditors,...

Greek state hospitals face serious financial problems making their operation extremely difficult, while debts to suppliers have reached 900 million euros. In most instances, the operation...

Greece still has a long road ahead, European Commission President Jean-Claude Juncker said in an interview on Saturday, but ruled out a bankruptcy at this...

Europe must let Greece exit the euro zone and go bankrupt because that would be the best for both, said President of Germany's Ifo...

Within a few weeks, Greece will not be able to pay salaries, pensions and loan obligations to the International Monetary Fund and other lenders, unless a bailout deal is reached.