Greece

The men in black are back in Athens. Greece is hosting members of the so-called Troika, representatives from the euro zone, the European Central Bank and the International Monetary Fund, who are there to assess how far the country may...

Here’s one to add to your list of debt-crisis ironies: Europe’s debt-reduction champion in the first quarter was… Greece. True, the much-maligned Greeks were challenged by the parsimonious Finns, but in the end it was no contest. Greek debt fell...

The armies of Europe may soon be on the run as the debt crisis forces politicians to rethink military spending. The cuts being driven through by cash-strapped governments, although they have been announced piecemeal, may force a redesign of the...

European Union funds destined for the island of Sicily have been blocked until further notice, Corriere della Sera reported. The suspension of the funds, that are usually destined for economic, structural and social reform projects, comes after controls over how...

France sold treasury bills at so-called negative yields yesterday, the first time that has happened since at least 1999, when Bloomberg started gathering this data. The sale of three-month and six-month bills that will cost investors more than their face...

Greeks living abroad are being asked to contribute to a charity domiciled in Delaware that plans to buy up and forgive Greek government debt. Greek shipping heir Peter Nomikos aims to tap the Greek diaspora to help reduce the Greek...

This is an occasional series on who is losing their job amid the European debt crisis, and who is replacing them. IN: Yannis Stournaras is Greece’s new finance minister – appointed after his predecessor resigned less than a week into...

Consumers in the periphery of the euro zone have been slowly squeezed since the introduction of the euro. Prices consumers pay in peripheral nations are getting higher in relation to labor costs compared with countries including Germany. Prices in Germany...

Cypriot hoteliers and restaurateurs may be adding Chinese to their menus in coming years. The government of Cyprus is considering the Chinese option as it looks for the best bailout for the eastern Mediterranean island’s banks after Greek investments soured....

The face-off between Germany and Greece is about to become much more popular on television. Greece plays Germany today in the second quarterfinal of the European Championship in Gdansk, Poland. Three-times champion Germany will be supported by Chancellor Angela Merkel...