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Delays have left Greece with finance gap: Lagarde
Delays have left Greece with finance gap: Lagarde

International Monetary Fund chief Christine Lagarde said Monday that delays in implementing Greece's bailout program, including privatization, have expanded the country's financing shortfall.

Delays have left Greece with finance gap: Lagarde
©RIA Novosti
Kazakhstan national injured in bus accident in Greece

A Kazakhstan citizen was among Russian tourists injured in a disastrous bus accident in Greece.

Kazakhstan national injured in bus accident in Greece
Merkel: 'every day' counts for Greece's austerity steps
Merkel: 'every day' counts for Greece's austerity steps

German Chancellor Angela Merkel on Sunday warned that "every day" counts in efforts by debt-wracked Greece to comply with its commitments and safeguard its eurozone membership.

Merkel: 'every day' counts for Greece's austerity steps
Greek PM in crisis talks with Merkel
Greek PM in crisis talks with Merkel

Greece's prime minister was expected to press for more time to make key reforms and spending cuts to keep his debt-wracked country in the eurozone at crisis talks Friday with Chancellor Angela Merkel.

Greek PM in crisis talks with Merkel
Photo courtesy of socialisme.nu
Berlin douses hopes of quick euro crisis fix

Germany on Monday dampened hopes for powerful action from the European Central Bank to fix the euro crisis and slapped down speculation of an immediate breakthrough on debt-wracked Greece.

Berlin douses hopes of quick euro crisis fix
Joerg Asmussen. ©REUTERS/Alex Domanski
Greek euro exit 'manageable' but expensive: ECB

A Greek exit from the eurozone would be "manageable" even if it would be expensive and result in higher unemployment.

Greek euro exit 'manageable' but expensive: ECB
Photo courtesy of theastralian.com.au
S&P cuts Greek outlook to 'negative'

Standard & Poor's cut Greece's debt rating outlook to negative Tuesday, saying the worsening economy and political challenges could soon force another downgrade.

S&P cuts Greek outlook to 'negative'
Greece and the Olympics: wishing for a ray of hope
Greece and the Olympics: wishing for a ray of hope

Eight years after hosting the Olympic Games in the country where they were born, Greeks seem more interested in finding out if there will be light at the end of their dismal economic tunnel.

Greece and the Olympics: wishing for a ray of hope
Markets panic as eurozone faces turbulent summer
Markets panic as eurozone faces turbulent summer

The world market panic that started the week looked all too familiar: an alarming reminder of last summer's financial storm brought on by the eurozone debt crisis.

Markets panic as eurozone faces turbulent summer
Andreas Glyniadakis. Photo courtesy of thehoop.blogspot.com
Basketball: Euroleague Champion to be capped for Astana team

Kazakhstan Basketball Club Astana has signed a contract with Andreas Glyniadakis, Euroleague champion.

Basketball: Euroleague Champion to be capped for Astana team
New Greek government wins confidence
New Greek government wins confidence

Greece's coalition government breezed through a largely symbolic confidence vote late Sunday, winning the tough mandate of tackling a two-year-old crisis and keeping the country safely in the eurozone.

New Greek government wins confidence
New Greek government pins hopes on privatisations
New Greek government pins hopes on privatisations

Greece's new government formally takes office this week and looks set to push privatisation so as to win favour and funds from EU-IMF creditors who are inspecting the country's strained finances.

New Greek government pins hopes on privatisations
Recovering Greek leader faces crucial audit
Recovering Greek leader faces crucial audit

Ailing Greek Prime Minister Antonis Samaras must face a crucial audit by Greece's creditors this week and may be tempted to push a change of rescue terms more in line with what was recently offered Spain.

Recovering Greek leader faces crucial audit