
Top officials call to overhaul euro institutions
Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region ...

Fitch upgrades Greece's credit rating
Debt-hobbled Greece got a new morale boost Tuesday, with Fitch ratings agency upgrading its sovereign credit grade, a day after the country's European ...

Euro ministers urge troubled Slovenia to act
European finance ministers on Monday urged Slovenia to move swiftly in addressing the problems in its banking sector and get its public finances under ...
Greece uses emergency power on striking teachers
The Greek government said Monday it will use emergency powers to prevent protesting teachers from disrupting university entrance exams this month.
Greece: Economic recovery in sight
Greece's recession-wracked economy should start recovering next year and its sky-high unemployment rate should edge lower from the end of 2014, the ...

Jewish group warns of neo-Nazi parties in Europe
The World Jewish Congress said Tuesday it is greatly concerned about the emergence of what it called neo-Nazi parties in Europe, singling out Greece's ...

Greek bill opens way for civil service layoffs
Greece's Parliament approved an emergency bill Sunday to pave the way for thousands of public sector layoffs and free up 8.8 billion euros ($11.
Greek finance minister rejects tax relief call
Greece's Finance Minister has rejected a called from the government's Socialist coalition partners to add tax relief measures to a new austerity bill ...

Greece pledges swift punishment over farm shooting
Greek officials on Thursday promised "swift and exemplary" punishment for three strawberry plantation foremen who allegedly shot and injured 29 ...
Greece: Former finance minister granted bail
A former Greek finance minister has been granted bail of €50,000 ($66,000) after testifying before a public prosecutor investigating allegations that ...

Greece sticks with austerity, seeks debt relief
Greece promised Tuesday to stick with tough austerity measures, holding out hope for a debt relief deal with emergency creditors, but the country's ...

Greece seals deal with debt inspectors
Greece cleared an important hurdle in its drive to receive its next batch of bailout loans from its international creditors Monday. But even though ...

Greece, Germany bicker over war reparations issue
A long-standing debate over whether Germany still owes Greece war reparations stemming from the Nazi occupation erupted anew Thursday in a spat ...

Little Cyprus thumbs its nose at EU 'bullies'
The moment word broke that Cypriot lawmakers in Parliament had voted down a bailout deal that would have raided everyone's savings to prop up a ...

Piraeus to pay $678 million for Cypriot bank units
Greece's Piraeus Bank reached an agreement Tuesday to buy the Greek operations of three Cypriot banks for 524 million euros ($678 million), as stock ...

Greece: 2 hurt, 11 escape in prison shooting
At least 11 inmates escaped from a Greek prison Friday night after gunmen brazenly attacked the site with grenades and automatic weapons, kicking off ...

Cyprus secures $13 bn bailout from eurozone, IMF
Cash-strapped Cyprus secured a €10 billion ($13 billion) bailout package from its European partners and the International Monetary Fund in a bid to ...

Europe eases the austerity whip _ a little
Three and a half years into its government-debt crisis, there are signs that Europe is adopting a gentler approach toward austerity. Political leaders ...

Greek bailout program review hits snag
Inspectors from Greece's rescue lenders delayed a meeting with the prime minister which had been scheduled for Tuesday after talks stalled over tax ...
Order! Greek lawmakers fume at smoking colleagues
Greek lawmakers are fuming over colleagues who openly flout the country's anti-smoking laws in the very building where the statutes were passed.

Greece orders striking ferry crews back to work
For the second time in less than two weeks, the Greek government invoked rarely used emergency laws to order strikers back to work Tuesday — in a move ...

Greece says it met deficit-cutting targets in 2012
The Greek government said Monday its painful austerity drive is paying off, with the budget deficit reduced to the target of 6.6 percent of annual ...

Protesters break into gov't building in Athens
Protesters forced their way into a government building in Greece's latest anti-austerity protests Wednesday, reaching just outside a minister's office ...

Russia likely to contribute to Cyprus bailout
Russia is likely to contribute money to a rescue package that Cyprus is trying to finalize with eurozone partners, the cash-strapped country's finance ...

Greek gov't forcing end to Athens metro strike
Greece's government announced emergency powers Thursday to force striking subway workers back to work, with those defying it risking dismissal, arrest ...