Greece

Eurozone Approves Greek Overhaul Plan

11:47am February 24, 2015

by Krishnadev Calamur

The Greek plan would keep Athens' budget under control while spending more on social programs. European ministers agreed to extend financial assistance by four months, but the IMF was more skeptical.

A man passes a graffiti in central Athens Friday, as Eurozone finance ministers consider Greece's request to extend the bailout loans that have kept its government afloat.

World News

Greece Reaches Deal With EU To Extend Loan Terms

3:14pm February 20, 2015

by Bill Chappell

Athens gets an extension of four months on the terms of the EU bailout, ending for the short-term the danger that it will default and be forced out of the Eurozone.

Greece's hopes for reaching a new compromise with Eurozone members on the terms of its loans are seen as hinging on promises to reform its economy — and submit to outside inspections.

World News

Greece Seeks To Extend Eurozone Loans, As Deadline Looms

10:05am February 19, 2015

by Bill Chappell

With the bailout package that has kept Greece's economy afloat set to expire in just over a week, the country has formally asked Eurozone members for a six-month extension.

Greek Prime Minister Alexis Tsipras (fourth from the left) leads the first cabinet meeting of his government Jan. 28 in Athens. He's been criticized for selecting no women for senior positions.

World News

Even As Progressives Take Lead In Greece, Women Remain Out Of Power

3:40am February 19, 2015

by Joanna Kakissis

The new leftist Greek government says it wants to revolutionize a country that long has resisted change. So far, that hasn't included finally placing women at the highest levels of government.

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Greek Prime Minister Alexis Tsipras addresses lawmakers at the Parliament in Athens on Tuesday. Greece is in talks with European finance ministers over its debt.

EU-Greek Drama Deepens As A Deadline Approaches

5:52pm February 17, 2015

by Marilyn Geewax

Greece has threatened to quit the euro if an agreement over its debt isn't reached. There were hints that a deal with the new Greek government could be worked out. But turmoil looms if the talks fail.

Greek Finance Minister Yanis Varoufakis gives a press conference on Monday at the end of an Eurogroup finance ministers meeting at the European Council in Brussels.

World News

Talks Collapse, As Greece Rejects E.U. Bailout Deal

5:46pm February 16, 2015

by Eyder Peralta

Four hours after talks started, both parties walked out and reiterated their hard lines. Now, Greece's membership in the currency bloc is in question.

A woman wrapped in a Greek flag makes her way in to a demonstration to support the new anti-austerity government in Athens on Thursday.

World News

In A Twist, Greeks Demonstrate In Favor Of Their Government

5:14pm February 08, 2015

by Joanna Kakissis

Greece's new prime minister gave his first speech to Parliament Sunday. His nation was eager to hear his plans to revive the country's ravaged economy while also ending unpopular austerity measures.

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German Chancellor Angela Merkel stands in front of a poster showing a new two-euro commemorative coin at the Chancellery in Berlin, Germany, on Thursday.

Merkel: No Relaxing Of Terms On Greek Debt

4:49pm January 31, 2015

by Scott Neuman

The German chancellor says she wants to keep Athens in the eurozone, but that EU lenders have already made substantial concessions on the terms of the bailout.

Newly sworn-in Greek Prime Minister Alexis Tsipras enters his new offices in Athens on Monday.

Greece's Left-Wing Prime Minister Takes Charge

3:31pm January 26, 2015

by Krishnadev Calamur

Alexis Tsipras, who led Syriza to a momentous win in the parliamentary election, was sworn in today amid fears about what his win means for the country's bailout agreements with the European Union.

Alexis Tsipras, center, leader of Greece's Syriza left-wing main opposition waves to his supporters after voting at a polling station in Athens on Sunday.

Anti-Austerity Leftists Win Greek Election

8:12am January 26, 2015

by Scott Neuman

The leftist Syriza party, which has vowed to roll back EU-mandated austerity measures, have edged out the ruling center-right party of Prime Minister Antonis Samaras.