Greece

After Tense Negotiations For Bailout, Will Greek Parliament Fall In Line?

11:25am July 14, 2015

by Joanna Kakissis

The parliament starts debate Tuesday on the new bailout plan agreed to over the weekend with eurozone countries. Given the concessions Greece agreed to, it's likely to be a very stormy session.

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Eurogroup, Greeks Reach Agreement On A Bailout Plan

8:13pm July 13, 2015

by Soraya Sarhaddi Nelson

A frantic weekend of activity in Brussels resulted in a new financial rescue deal for Greece, preventing a near-term exit from the Eurozone.

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Tired Of Greek Reruns? Understandable, But A New Season Is Beginning

6:18pm July 13, 2015

by Marilyn Geewax

Greece, buried under debt, is begging for its third bailout. Europeans are willing to help, but only if Greece can prove that this time will be different. Investors are betting this time, it will be.

Greeks React To Deal With Relief, Frustration

12:48pm July 13, 2015

by Joanna Kakissis

After a weekend spent glued to their televisions, average citizens still feel a lot of trepidation after Monday's announced deal. It's going to be hard to sell it to the Greek parliament and populace.

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Greece's Prime Minister Alexis Tsipras attends a meeting with lawmakers of Syriza party at the Greek Parliament in Athens on Friday.

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Greek PM Tries To Sell Bailout Proposal At Home While Creditors Review It Abroad

9:26am July 10, 2015

by Eyder Peralta

In a meeting with the ruling coalition in Athens, Alexis Tsipras said Greeks had given him a mandate to get a better deal not bow out of the eurozone.

Greek Government Hands European Creditors New Bailout Proposals

4:50pm July 09, 2015

by Krishnadev Calamur

News reports say the new proposal accepts the tough austerity measures demanded by Greece's European partners but also includes a debt write-off, which Germany has opposed.

People read the front pages of various newspapers hanging at a kiosk Tuesday in central Athens. European leaders have set a Sunday deadline for Greece to reach a deal on debt repayment and austerity measures.

As Government Hunts For A Solution, Greeks Anticipate Catastrophe

1:59pm July 09, 2015

by Joanna Kakissis

Greek banks have been closed for more than a week, and it's unclear when they will reopen. Many Greeks are worried that if the banks collapse, they will lose everything.

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People lined up on Wednesday to withdraw cash from a bank machine in central Athens. Banks remain shut this week and ATM withdrawals are limited to 60 euros (about $66) a day.

Greeks Brace For Shortages At Home, Await Word On Fate From Abroad

6:34pm July 08, 2015

by Eleanor Beardsley

Greeks are increasingly worried as they confront an eighth day of closed banks and limited withdrawals. Meanwhile, people are running short of money for essentials.

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Greek Prime Minister Alexis Tsipras leaves an emergency summit of eurozone heads of state and government in Brussels on Tuesday.

Greek Prime Minister Tells EU Leaders He Wants A United Europe

11:29am July 08, 2015

by Eyder Peralta

Alexis Tsipras spoke to the European Parliament in more measured tones, acknowledging that Greece's financial plight was not just caused by creditors. But he also stood his ground on Greece's debt.

World News

European Leaders Lay Down Sunday Deadline For Greek Deal

7:40pm July 07, 2015

by Eyder Peralta

"If this does not happen, it will mean the end of the negotiations with all the possible consequences, including the worst-case scenario," European Council President Donald Tusk said.