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greece

Greece stock market bloodbath as exchange reopens

Written by Derek Gatopoulos and Nicholas Paphitis ATHENS, Greece (AP) — Greece suffered its worst stock market bloodbath in decades on Monday, when it opened after a forced five-week closure, and new data showed a dismal outlook for the bailout-dependent country's shrinking economy. The main stock index shed over

greece

IMF won’t join Greek bailout before reforms

WASHINGTON (AP) — The International Monetary Fund official cannot participate in another Greek bailout until Greece and its creditors make difficult decisions on economic reforms and debt relief, a fund official said Thursday. Briefing reporters on condition of anonymity, the official said Greece needs to commit to reforms and creditors must

European Union

Greek bailout means still higher taxes for Greece

Written by Menelaos Hadjicostis ATHENS, Greece (AP) — How much did you say?

greece

Greek banks to reopen after cash pledge from lenders

By Elena Becatoros and Derek Gatopoulos ATHENS, Greece (AP) — Greece on Thursday won vital pledges of support from bailout lenders needed to keep its economy from collapsing, but officials in Athens said the painful austerity measures demanded in return were likely to force an election within months.

greece

Greece faces pressure to back deal or consider leaving euro

By MENELAOS HADJICOSTIS, and RAF CASERT BRUSSELS (AP) — Greek Prime Minister Alexis Tsipras and skeptical European leaders negotiated past a self-imposed deadline into the early hours of Monday, with talks stuck on how Greece would guarantee austerity measures in exchange for a rescue package to prevent its banks from collapsing.