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Greek financial crisis News

Suicide of Greek couple aged 91 and 80

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.

Greek banks facing risk of run in election fears

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.

Greek President attacks German finance minister insults

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?

Family, friends top concerns of worried Greek-Canadians Special

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.

Papandreou refuses to resign, drops referendum

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.

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