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German Chancellor Angela Merkel – who many Greeks view as the architect of the austerity measures that have ruined their lives – will likely face angry crowds when she visits Athens on Oct. 9 to meet with Prime Minister...

Upset that 350 shipyard workers protesting against not being paid for six months broke their way into the courtyard of the defense ministry and with rising social unrest against more planned austerity measures, Greek Prime Minister Antonis Samaras said...

German Chancellor Angela Merkel, an object of scorn to Greeks angry that she’s insisting on more austerity measures while her country foots much of the bill for bailouts to save the Greek economy, will visit Athens on Oct. 9...

The EU, the European Central Bank and the International Monetary Fund should slash interest rates on the Greece debt they hold to give the near-default nation a fighting chance to recover, the head of the Institute of International Finance...

Unable to pay its bills and needing to recapitalize its banks, Cyprus will ask international lenders for an11 billion euros, or $14.2 billion bailout, the news agency Reuters reported, citing three sources with knowledge of the request. The country’s banks,...

Angered that his party’s leader, who, as a former finance minister, failed to act on a list of 2,000 Greeks with 1.5 billion euros ($1.93 billion) in deposits in a Swiss bank to check for possible tax evasion, Yiannis...

International lenders are not relenting on demands that the Greek government push ahead with combined package of $17.45 billion in spending cuts and tax hikes, leading to further delays before it can be sent to Parliament and open the...

With a report showing Greece will suffer a sixth year of recession in 2013 because of harsh austerity measures, envoys from the Troika of international lenders putting up $325 billion in rescue monies reportedly rejected two billion euros ($2.58...

The International Monetary Fund wants to assemble a pool of German pensioners with finance expertise to help Greece establish a functioning financial system, it was reported on Saturday. The business magazine Wirtschaftswoche reported that IMF Chief Christine Lagarde is hoping...

With the country’s economy still sinking, unemployment and social unrest rising and under pressure from his coalition partners and international lenders, Greek Prime Minister Antonis Samaras said he believes that he has brought Greece back from the brink of...