Greece adopts bill to cut 15,000 civil servant jobs
The Greek parliament voted late Sunday to adopt a law that provides for the dismissal of 15,000 civil servants as part of austerity measures imposed by the country's international creditors.
70 years on, Greek survivor recalls 'red sky over Birkenau'
Heinz Kounio was put aboard the first train to transfer Jews from the northern Greek city of Thessaloniki to the Auschwitz death camp on March 15, 1943.
Data confirms recession in weakest eurozone economies
Data published on Monday confirmed recession in the eurozone's weakest economies last year, breathing new life into a heated debate on whether aggressive austerity measures may come at the cost of economic growth.
Britain, Italy, Greece say hostages killed in Nigeria
Britain, Italy and Greece on Sunday said that a claim by a Nigerian Islamist group that it had killed seven foreign hostages appeared to be true, while London denied it had sought to stage a rescue.
Economic gloom overshadows euro finance ministers meeting
Eurozone finance ministers meet Monday against the backdrop of a weak economy and increased political uncertainty after inconclusive polls in Italy, the group's third largest economy.
Europe will get its money back says Bank of Greece
Greece will pay back the billions of euros of European aid it has received to fight its debt crisis, the head of the country's central bank told Germany's Sueddeutsche Zeitung.
IMF releases aid to Greece after long delay
After lengthy delays, the International Monetary Fund unblocked part of its aid to Greece Wednesday, offering a brief respite to the recession-mired country grappling with austerity measures.
Greek parliament approves tax change under rescue terms
Greece's parliament early Saturday approved a new tax bill, part of the latest batch of fiscal reforms tied to the country's next slice of EU loans.
Christmas debt boons for Greece but risks remain
Greece opened its Christmas stockings early this year with an unexpected debt rating boon and European Central Bank support but analysts warn that risks remain in the troubled nation's fragile fiscal recovery.
EU leaders end year on high with Greece, bank deals
EU leaders put a crisis-hit year behind them at the last summit of 2012 Friday, trumpeting hard-fought deals on Greece and banks but seemed to row back on reforms to fix the euro's shortcomings.
EU on verge of bridging pre-summit gulf on banks watchdog
European governments argued through the night in a bid to agree a deal on tightening the oversight of eurozone bank, hours before leaders stage on Thursday their final summit of a gruelling third year in debt-crisis mode.
Impoverished Greek families facing uncertain future
Blue-eyed Angelina had the misfortune of being born in Greece in 2010, just as the country became engulfed by an economic crisis that has deprived her parents, like so many Greeks.
Greece launches bond buyback programme
Greece's PDMA national debt agency said on Monday it had begun a voluntary buyback of the country's bonds at heavily discounted prices, a condition for receiving its latest instalment of EU-IMF bailout funds.
IIF says Greek debt buyback must be 'voluntary'
A powerful international bank lobby warned Thursday that the outcome of Greece's looming debt buyback program remains uncertain and warned that it must be "purely voluntary."
Euro slips after buying on Greek rescue fizzles
The euro slipped in Asian trade on Wednesday after a buying spree sparked by Greece's bailout deal fizzled owing to lingering concerns over Europe's sovereign debt problems.
EU ministers agree significant debt relief deal for Greece
Greece won breathing space Tuesday with long-frozen eurozone loans to restart from December and a first clear admission that a chunk of the country's debt burden will need to be written off down the line.
New eurozone talks to save Greece from financial collapse
Eurozone finance ministers meet in Brussels Monday for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.
Euro weakens as eurozone fails to agree Greek deal
The euro fell in Asian trade on Wednesday and shares eased after eurozone finance chiefs said they had failed to agree on a deal to unlock the latest batch of crucial bailout cash for Greece.
Greece eyes fresh bailout funds after budget passed
The Greek parliament on Sunday approved a slashed 2013 budget which the government has vowed will secure the release of foreign aid vital to save the debt-ridden country from insolvency.
Greek lawmakers to vote on austerity amid strikes
Greek lawmakers vote Wednesday on austerity measures needed to unlock international aid and stave off bankruptcy despite strikes and public anger against billions more euros in tax hikes and pension cuts.
