British bookmaker William Hill offered odds of 3/1 that the euro will cease to exist by the end of 2012.

Former French President Valery Giscard d’Estaind believes Athens should consider leaving the single euro currency.

The market is on the verge of a credit crunch as liquidity is close to drying up and banks are paying dearly to hold on to deposits.

The country’s broad coalition government approved on Wednesday a tough budget for 2012, foreseeing spending cuts and a tax crackdown aimed at raising the revenue to prop up the fou

Police arrested this week another five entrepreneurs, in Attica, Thessaloniki and Rhodes, suspected of withholding a total of 2.74 million euros in value-added tax from the state.

With 17 sessions left until the end of the year, the Athens bourse is by far the stock market with the biggest losses in the world during the first 11 months of the year.

Turkey talkes a “Taiwanese-style” diplomatic step to help drive Cypriot reunification talks resuming on Monday.

Occupy movement mistaken in targeting banks says former minister

Deputy Defence Minister Costas Spiliopoulos left open this week the likelihood of a decision for a lengthier mandatory military service by conscripts.

Less than 24 hours after Greece secured a further 8 billion euros in loans from the eurozone and the International Monetary Fund, Prime Minister Lucas Papademos issued a stern warn