Euro zone finance ministers have released 35 billion euro from the second bailout package for debt-ridden Greece shortly.

The euro zone finance ministers have called off an emergency meeting in Brussels today, which was intended to approve a $170 billion financ...

European governments and political leaders have welcomed the latest austerity package passed by the Greek parliament to avert a bankruptcy.

European Union has postponed a decision on a second multi-billion euro rescue package for the debt-ridden nation at least until mid-July.

Countries may be unable to escape a toxic combo of low growth & high funding costs

Forecasts are predicated on "aspirational" growth of 2-3%. Moody's Investor Services cut Ireland's debt rating by five notches, with a nega...

Ireland's parliament voted by 81 to 75 to approve an 85-billion-euro (113-billion-dollar) EU-IMF bailout on Wednesday after finance ministe...

The euro sank to a two-month low on Monday in a nervous first reaction to a multibillion-dollar bailout for Ireland that European governmen...

Ending weeks of opposition to a European Union bailout, heavily-indebted Ireland has agreed finally with the EU and the International Monet...

Oil prices topped $82 in Asian trade as the euro's value soared following the agreement of a massive bailout for financially strapped Irela...

Greece has made considerable progress, but cost of health & social security funds continue to present risks. Score financial goals from Wor...

The euro tumbled to its lowest level since April 2006 in Tokyo trade Monday as persistent fears over eurozone debt to hammered the single c...

Relief in Greece over loan rescue failed to dispel gloom over giant budget cuts which could plunge recession-hit country. Greece crisis | Q...

As Greece moved closer to bankruptcy, it is clear that the EU bailout package of 30 bn euros would not be sufficient even to service its de...

The size of the joint EU-IMF bailout package for crisis-hit Greece could be as high as 120 billion euros (158 billion dollars) over three y...

Greece triggered an emergency aid plan on Friday to draw cash from the IMF and countries that use the euro.

After weeks of wrangling over whether and how to help Greece out of its financial crisis, the leaders of eurozone nations have reached a de...