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Athens Stock Exchange suffered heavy losses Oct. 31, its sixth consecutive losing session. Banks slump on a miserable day of news flow for Greece. The...

Cyprus' Finance Minister Vassos Shiarly is ready to step down if President Demetris Christofias does not sign a memorandum of agreement with international lenders...

Greece’s international lenders have rebuffed Finance Minister Yiannis Stournaras’ declaration  that Greece had concluded a deal with its international lenders on a $17.45 billion...

Embattled Cypriot President Demetris Christofias is visiting the Vatican where he is scheduled to have an audience with Pope Benedict XVI on Oct. 25...

Greek Finance Minister Yiannis Stournaras said he hopes he can conclude negotiations with international lenders this week on a long-delayed $17.45 billion spending cut...

Germany's Finance Ministry is considering a debt buy-back as a possible way of reducing Greece's huge debt pile which threatens to rise well above...

Cypriot President Demetris Christofias has promised he will not obey orders from international lenders to cut wages in return for a bailout as he...

Every step Greece takes to shore up its finances seems to make it harder for Athens to make the numbers add up in the...

Nothing is as permanent as a temporary tax so Greek Prime Minister Antonis Samaras, attempting to justify punishing workers, the elderly and the poor...

The Bank of Cyprus, the country΄s largest lender that is reeling from deep losses caused by its holdings in Greek bonds that were deeply...