Greek Leftists Break Away From Ruling Party In Row Over Austerity
A day after Prime Minister Alexis Tsipras said he would step down ahead of fresh elections next month, 25 hardline MPs from his party say they will leave.
Greece financial crisis
Greek PM Steps Down, Calls New Elections, In Wake Of Bailout Deal
Alexis Tsipras, fresh from a bruising battle to push a European bailout plan through parliament, will resign ahead of fresh elections set for Sept. 20.
Eurozone OKs Greek Bailout Deal, Extending Financial Lifeline
Finance ministers for the 19-nation common currency union approved the first tranche of an 86 billion euro package, the third such emergency deal in five years.
Greek Stocks Drop Sharply As Market Reopens For First Time Since June
When it opened, the Athens Stock Exchange General Index plummeted from 797.52 to a new 52-week low of 615 — a drop of nearly 23 percent.
Greece Approves Reforms, Clearing Hurdle For Bailout Deal
The measures involve an overhaul to the banking and judicial systems — demands made by Greece's creditors in exchange for the 86 billion euro rescue package.
Greece's Ex-Finance Minister: Bailout Reforms Will 'Fail'
Yanis Varoufakis, who was forced to resign as a condition for concluding a financial rescue deal, says the latest austerity program will "go down in history" as a disaster.
Greece's Parliament Approves Austerity Measures
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.
Some Greeks Are Finding Opportunity Amid Their Economy's Uncertainty
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.
After Tense Negotiations For Bailout, Will Greek Parliament Fall In Line?
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.
Greeks React To Deal With Relief, Frustration
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.