Eurozone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a bank run if Greece's debt crisis flares again but any respite for Madrid and th

Moody's Investors Service has said that it may consider downgrading debt ratings for some eurozone nations if Spain seeks a bailout for its banking sector or Greece ends up dropping the euro as its na

Greece's election campaign warmed up on Thursday as the conservatives released a new alarmist campaign ad and police sought a neo-Nazi MP over an assault of two female lawmakers live on TV.

Ten days

Credit rating agency Standard and Poor's said on Monday that it sees ‘at least’ a one-in-three chance of Greece exiting the euro zone in the coming months, an outcome which could lead the financially

Rating agency Moody's Investors Service said it had lowered its ratings ceiling on Greek domestic debt issuers due to the rising risk of the country exiting the eurozone, but added it did not consider

If Greece left the euro, living standards would plummet, incomes would be slashed by more than half, and inflation and unemployment would skyrocket, the National Bank of Greece warned on Tuesday.

In

Former Greek prime minister Lucas Papademos warned Greece may run out of money by the end of June if international bailout funds are cut off following next month's election, a newspaper reported on Su

Greece's once-thriving sex industry has become the latest victim of the country's debt crisis as Greeks spend less on erotic toys, pornography and titillating underwear.

About 50 people, almost all y

Central banks and companies risk making a grave error if they do not brace for a possible Greek exit from the eurozone, Belgium's foreign minister said on Friday, rattling markets already alarmed by S

European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the