European Union Debt Crisis

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  EU Fiscal Oversight Of Greece Ends After 12 Years

  Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for bailouts after a crushing debt crisis.

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  European Union Can't Let Greece Plunge Into 'Chaos' In Refugee Crisis: Angela Merkel

  German Chancellor Angela Merkel said Sunday that the EU cannot allow Greece, a country bailed out from its huge debt crisis, to plunge into "chaos" by shutting European borders to refugees.

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  Angela Merkel Named TIME's 'Person of the Year 2015', Baghdadi Second

  Time magazine today named German Chancellor Angela Merkel as its "Person of the Year 2015," hailing her leadership for navigating debt and refugee crises that threatened to tear the European Union apart.

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  Angela Merkel Says Migrants Bigger Challenge for European Union Than Greek Debt Crisis

  Chancellor Angela Merkel on Sunday condemned a surge in German attacks on refugee shelters and warned that the issue of asylum could become a bigger challenge for the European Union than the Greek debt crisis.

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  Germany Gained 100 Billion Euros From Greece Crisis: Study

  Germany, which has taken a tough line on Greece, has profited from the country's crisis to the tune of 100 billion euros (109 billion US dollars), according to a new study today.

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  Greece, Lenders in Final Push to Seal New Bailout: Report

  Greece and international creditors sought to put final touches to a multi-billion euro bailout accord on Monday to keep the country financially afloat and meet an important debt repayment to the European Central Bank within days.

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  Greece Says Cannot Handle Migrants; UNHCR Calls Crisis 'Shameful'

  Greek Prime Minister Alexis Tsipras asked Europe to help in handling tens of thousands of refugees coming in from Syria, Afghanistan and other war zones, saying on Friday his cash-strapped country could not deal with them alone.

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  Angela Merkel Urges Conservative MPs to Back Greek Debt Deal

  German Chancellor Angela Merkel and her Finance Minister Wolfgang Schaeuble on Thursday urged conservative lawmakers to back a third debt deal for Greece, on the eve of a key Bundestag vote on the new rescue package.

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  IMF Calls for Greece Debt Relief Ahead of Bailout Vote

  The IMF's stark warning on Greece's debt came as Prime Minister Alexis Tsipras struggled to persuade deeply unhappy leftist lawmakers to vote for a package of austerity measures.

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  Secret IMF Report: Greece Needs Debt Relief Far Beyond EU Plans

  The updated debt sustainability analysis (DSA) was sent to euro zone governments late on Monday, hours after Athens and its 18 partners agreed in principle to open negotiations on a third bailout programme of up to 86 billion euros in return for tougher austerity measures and structural reforms.

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  Euro Zone Leaders: Greece Must do More to Earn Rescue

  A senior EU source said such a temporary exit from the euro was illegal and would not survive in the summit statement.

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  Euro Zone Gives Greece Until Sunday for Debt Deal

  French President Francois Hollande said the European Central Bank would ensure that Greek banks had the minimum necessary liquidity to stay afloat until Sunday.

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  What Next for Greece? A Timeline

  Leaders from Greece and other eurozone countries are looking to see if there is a way to resolve the struggling country's ongoing debt crisis, following a resounding rejection by Greeks of the latest bailout conditions.

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  Greeks Reject Bailout Terms in Rebuff to European Leaders

  The no votes carried virtually every district in the country, handing a sweeping victory to Prime Minister Alexis Tsipras, a leftist who came to power in January vowing to reject new austerity measures.

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  EU Could Grant Emergency Loans to Athens: Schulz

  Martin Schulz told Germany's Welt am Sonntag newspaper that the Athens government had manoeuvred the heavily-indebted country "into a dead end".