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Greek debt News

Greek President: 'Banks very weak'

Athens - In a run on banks associated with recent elections and government economic insolvency, Greek depositors withdrew €700 million ($898 million) from local banks Monday.

In the Media by Larry Clifton

Greek Prime Minister warns of chaos ahead

As more MPs indicate their oppostion to the latest austerity measures, Greek Prime Minister Lucas Papademos warns that, should the package not be approved on Sunday, the nation would be sent down "an unknown and dangerous path".

In the Media by Marlene de Wilde

Eurozone ministers reject private bond offer on Greek debt

Athens - Negotiations over the Greek debt crisis are set to continue after PSI offers on bond swaps were rejected by Eurozone finance ministers.

In the Media by Katerina Nikolas - 1 comment

Dow Jones plunges 1,000 points in one day, possible human error

New York - Who saw it coming? Within a time span of five minutes, the Dow Jones Industrial Average dropped nearly 1,000 points on concerns over Greece's debt crisis but what is the primary factor?

In the Media by Andrew Moran - 3 comments

Fears of Greek default return

The Euro fell against the dollar and stocks slipped as new concerns over Greece's debt problem came to light Thursday. The country may soon be in default.

In the Media by Matthew Moran

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Where next for Greece and the eurozone?

VIDEO: Greek crisis opera opens in Germany

An opera about the Greek debt crisis has opened in Germany.

Greek minister blames EU for not averting debt crisis

Athens blames the EU for not averting the country's debt crisis

AUDIO: 'No incentive' to take Greek debt deal

Patrick Armstrong, an investor in Greek bonds, says they have "no incentive" to accept a massive haircut on their holdings as part of a debt swap crucial to preventing a disorderly Greek default.

Greek MPs approve debt swap deal

The Greek parliament passes a law that allows a debt write-down with private creditors - a key plank of its EU/IMF bailout agreement.