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

Standard & Poor's has downgraded the sovereign ratings of Greece to "selective default", citing the crisis-hit nation's move towards "distr...

German parliament is set to vote for the second financial bailout for Greece amid signs of a new dispute.

Gold today gained for a second day after euro-area finance ministers agreed to award Greece a bailout package, boosting demand for commodit...

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

Greece's central bank today said the country was facing the possibility of an disorderly exit from the eurozone.

Euro zone leaders have postponed an emergency summit of the 17-nation euro group planned for this weekend on a second bail-out of debt-lade...

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

The European Union and the International Monetary Fund (IMF) will rescue debt-laden Greece from bankruptcy with a second multi-billion euro...

Fears that the infamous PIGS - Portugal, Ireland, Greece and Spain - would spell trouble for the world at large have resurfaced.

Planning Commission deputy chairman Montek Singh Ahluwalia today said the country may witness a short-term impact of the ongoing Greece deb...

Finance Minister Pranab Mukherjee today said Indian markets cannot remain immune to eurozone debt problems.

The heads of state and governments of the 16 eurozone nations on Friday launched a historic 110 billion-euro financial aid package to bailo...

European leaders sought Friday to convince fearful markets that the Greek debt crisis won't spread to other countries and derail the contin...

International bankers welcomed agreements by the European Union and the International Monetary Fund (IMF) over the weekend to bail out debt...

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...

European Union nations are preparing a bailout package for Greece that could exceed 25 bn euro, a report has said. Top gainers, losers | Gr...