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

The Greek parliament formally ratified early on Wednesday a second eurozone bailout scheme worth up to 130 billion euros ($170 billion) to save it from defaulting on its national debts.

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Eurozone finance ministers have released 35 billion euro from the second bailout package for debt-ridden Greece shortly after the government in Athens reached a landmark deal with private creditors on

Greece averted the immediate threat of an uncontrolled default on Friday when a sufficient number of private creditors agreed on a bond swap deal that will cut the country's public debt and clear the

Stricken eurozone member Greece seems to have clinched a high-stakes debt swap as a deadline for bondholders to accept huge losses on their Greek holdings passed, opening the way for an urgent bailout

European leaders expressed optimism on Friday that Greece would secure a new rescue package worth 130 billion euros though policymakers admitted urgent work was still needed to get its debt-cutting pr

Greek Prime Minister Lucas Papademos has told lawmakers to back a deeply unpopular international financial rescue in a vote on Sunday or condemn the country to 'uncontrolled economic chaos and social

Greek coalition leaders failed to reach a deal on austerity cuts early Thursday but Prime Minister Lucas Papademos remained hopeful of an agreement before Eurozone finance ministers meet later in day.

Greece's prime minister designate will name a new crisis cabinet on Friday to roll out painful austerity measures and calm the political turmoil that has threatened to bankrupt Athens and force it out