Greece is close to agreeing to a new set of austerity measures, which will affect both the public and private sectors, that would unlock the emergency loans from the European Union

The Greek Prime Minister George Papandreou has appealed for the rapid intervention of the European Union to prevent a speculation triggered crisis across Europe.

Greece’s credit rating was downgraded yet again by rating agency Standard & Poor’s

Greece raised 1.95 billion euros in treasury bills but had to pay over double the last equivalent rate as returns on its benchmark 10-year paper hit a new record.

Greek extremists charged with acts of terror are led to court, more arrests expected.

The Greek government’s insistence that it will keep borrowing through the open market was not enough to allay fears that Greece will need to access the EU-IMF rescue plan.

Six suspected members of the Revolutionary Struggle extremist guerrilla group faced a prosecutor following their arrest on Sunday.

Less than 24 hours after the eurozone finalized the details of a 30-billion-euro emergency loan scheme for Greece, Prime Minister George Papandreou tried to shift attention to the

Millions exchanged hands between middlemen and officials over the sale of German-made submarines to the Greek navy in 2000.

Turkey and Greece announced a series of measures on Thursday designed to build confidence between the two countries, including joint military training designed in part to ease yea