Greek financial crisis News

The Greek debt crisis has claimed two more lives, this time an elderly couple who committed suicide as they did not want to be a financial burden on their children.

Athens - Major Greek banks are losing as much as 800 million Euros a day, as panicked consumers withdraw their money and begin panic-buying at supermarkets.

Athens - President Karolos Papoulias has delivered a speech in which he decried German Finance Minister Wolfgang Schaeuble's insults to Greece. The President said "I cannot accept Mr Schaeuble insulting my country. Who is Mr Schaeuble to insult Greece?

Toronto - Topping world news, the economic crisis in Greece has left many in a confused haze. But fellow Greeks in Toronto, who rely on word from relatives and friends over there say they think the worrisome situation is a load of Acropolis.

Athens - Greek Prime Minister George Papandreou has decided not to resign but to ask for a coalition government. Having dropped the idea of a referendum he still has to face a parliamentary vote of confidence on Friday which may result in his downfall.