Greece

A shop owner arranges his goods in central Athens on Monday. Greek banks have reopened, but capital controls remain in place.

World News

Struggling Greek Businesses Choked By Money Controls

11:08pm July 26, 2015

by Jim Zarroli

They're facing a double whammy. Not only do customers have less money to spend, but businesses can no longer pay their foreign suppliers for goods and raw materials. Many fear they'll have to close.

Queue Listen Now

Greek Banks Reopen With Limits Still In Place

3:30pm July 20, 2015

by Krishnadev Calamur

Also today, Greeks were greeted by higher prices on basic goods because of a eurozone-imposed sales tax of between 13 and 23 percent.

World News

Bailout Makes Germans Just As Squeamish As Greeks, For Different Reasons

12:46pm July 18, 2015

by Soraya Sarhaddi Nelson

The eurozone's third bailout program for Greece was largely the work of German leaders, but makes may Germans uncomfortable. They want a hard line taken with Greece, but fear being seen as bullies.

Queue Listen Now

German Chancellor Angela Merkel and German Finance Minister Wolfgang Schaeuble talk during a special meeting of the German parliament over the proposed bailout package for Greece.

German Lawmakers Back Greek Bailout Plan

10:40am July 17, 2015

by Scott Neuman

The Bundestag voted overwhelmingly in favor of the $93.6 billion package aimed at keeping Athens in the eurozone.

World News

After Years Of Recession, Greeks Fear Bailout Will Only Make Lives Harder

5:37pm July 16, 2015

by Eleanor Beardsley

The Greek Parliament passed measures to support this week's eurozone-backed bailout agreement, but celebrations were muted at best, and there were large demonstrations against new austerity moves.

Queue Listen Now

Greek Finance Minister Euclid Tsakalotos attends a session of Parliament in Athens on Wednesday as lawmakers prepared to vote on reforms demanded by eurozone creditors in exchange for a new bailout.

Beyond A Bailout: Greece Needs Debt Relief, IMF Says

5:03pm July 16, 2015

by Jim Zarroli

Greece is so saddled with debt it probably can't turn its economy around for years, the International Monetary Fund says. But writing down debt would require an OK from Germany, which has opposed it.

Queue Listen Now

A protester burns a Greek flag in central Athens, during an anti-austerity protest on Wednesday.

IN PHOTOS: Protests Turn Violent In Greece

8:26am July 16, 2015

by Eyder Peralta

Protesters took to the streets even before the Greek Parliament accepted a new bailout deal that includes tough — and controversial — austerity measures. Some demonstrations turned violent.

Greece's Parliament Approves Austerity Measures

7:42pm July 15, 2015

by Krishnadev Calamur

The agreement with the country's creditors passed with support from the opposition. The vote allows Greece to begin negotiations with its creditors on a third bailout.

Bailout Vote May Splinter Greece's Recently Empowered Anti-Austerity Party

6:59pm July 15, 2015

by Joanna Kakissis

In Athens, deputies from Greece's ruling Syriza party will start parliamentary debate today on the latest bailout agreement - with some forecasting that the party will split over the issue.

Queue Listen Now

World News

Some Greeks Are Finding Opportunity Amid Their Economy's Uncertainty

8:25am July 15, 2015

by Robert Smith

In Greece, not all the smart, young people are leaving. Some are using the crisis as an opportunity to start a new business — including one woman who want to make trucking in Greece more efficient.

Queue Listen Now