The plan also discusses a scenario in which Greece could have a "time-out" from the euro and possibly restructure its debt.

Any new currency that's installed would be worth much less than the euro, meaning debts taken out in euros would be much harder to pay back.

Greek banks are currently closed and the government has implemented capital controls limiting the amount of money people can take out of AT...

In a blog post on Wednesday afternoon, finance minister Yanis Varoufakis wrote on why the government is recommending a "No" vote, in six sh...

Tsipras’ decision means everyone from fishermen to taxi-drivers and factory workers will have to form an opinion on the package, with their...

France's Hollande urged Greece "to be more precise in its reform proposals and introduce them faster than planned."

Fitch said it had cut Greece's rating by one notch, from B- to CCC, the lowest possible grade for a country that is not in default.

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

Greece's government has to convince its lenders it can enforce the spending cuts that won it 130 billion of aid, its second rescue in three...

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

Europe’s top bankers say getting investors to accept larger losses on Greek holdings difficult.

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...

European Central Bank officials ruled out a Greek debt restructuring, clashing with political leaders over a solution to the sovereign fina...

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

Financial mkts are betting heavily that Greece's crushing debt could drag down entire eurozone. Check out the top gainers, losers and recom...

Financial markets are betting heavily that Greece's crushing debt could drag down the entire eurozone, and that could force reluctant EU le...

Greece has been experiencing credit crisis after it joined the euro bandwagon.