Greece

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.

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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.

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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.

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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.

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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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