The outcome in Athens can impact a BPO employee in Bangalore and a Wall Street banker in nearly the same way.

Europe's lurch back into crisis should allow the French Socialist, one of the EU's few left-wing leaders, to achieve his initial policy goa...

Greece's parliament votes on state pension and health-care cuts after the chamber on Tuesday ratified a 3.2 billion package of spending red...

Greek leaders clinched a longstalled deal on reforms and austerity measures, needed to secure a bailout and avoid a messy default.

Greek prime minister Lucas Papademos summoned political allies to an emergency meeting on Sunday after hours of negotiations with EU-IMF ba...

Greece's political deadlock may be easing under EU pressure, a senior socialist said PM Papandreou would resign after a coalition deal

Greece has dropped its plans to hold a referendum on the country's euro zone membership, which had threatened to plunge the bloc into crisi...

Opposition to bigger Greek debt writedowns is coming from the ECB, which is against any backsliding from the July 21 accord on a second Gre...

But no Apollo in sight this time to rescue the country from $483-billion debt and stop contagion in other economies.

The comments are unusual because they come from a member of ECB's governing council. The bank has insisted Greece must stick to its bailout...

US Teasury Secretary Timothy Geithner warned that "governments and central banks need to take out the catastrophic risk to markets."

George Papandreou, vowing to avoid a default and keep Greece in the euro, approved new measures to help plug a yawning budget gap.

Greece is one of Europe's biggest weapons purchasers but despite its economic crisis cannot cut the multi-billion dollar bill without secur...