Greek Prime Minister George Papandreou

Greek Prime Minister Alexis Tsipras's plan to hold a referendum on Sunday on creditors' demands for austerity has prompted a breakdown in talks with lenders, forced Greece to shut banks and left its future in the euro in doubt.

Former Greek Prime Minister, George Papandreou, revealed plans on Friday to create a new political party - a development that further complicates the landscape in Greece ahead of a snap general election later this month.

The leaders' talks hit a snag over a €300 million ($398 million) gap in cuts needed to reach the 2012 fiscal target. Greece needs the €130 billion deal to avoid a March default and is being pushed to wrap up negotiations in Athens before a meeting of eurozone finance ministers in Brussels scheduled for 1700GMT. "There was very broad agreement o...

Greek Prime Minister George Papandreou and opposition leader Antonis Samaras, who met late Sunday for talks on a future coalition government, announced early on Monday that Papandreou would resign from his post and immediate elections will be held. The two major political parties -- Papandreou's PASOK party and the opposition New Democracy p...

Greece's outgoing Prime Minister George Papandreou said Wednesday that an agreement had been reached with the opposition on the creation of an interim government that will secure the country's new debt deal.

Greek Prime Minister George Papandreou survived a confidence vote early Saturday, calming a vicious revolt in his Socialist party with an emotional pledge to step aside if necessary and seek a cross-party government lasting four months to safeguard a new European debt agreement.

Greek lawmakers geared up for a crucial confidence vote in the beleaguered Socialist government on Friday, as both main parties floated plans to approve a massive European bailout and call new elections.

Ignoring increasing calls to step down, Greece's prime minister says he is seeking emergency talks with the Opposition and warns that an early election would force Greece into leaving the euro currency.

Hours after Prime Minister George A Papandreou of Greece emerged from a meeting with Europe's leaders, pledging to hold a referendum on a new European debt deal, key ministers in his government rebelled against the idea on Thursday, deepening rifts within his government that could force its collapse.

Greek Prime Minister George Papandreou was flying to the chic French Riviera resort of Cannes on Wednesday to explain himself to European leaders furious over his surprise referendum on a bailout deal that took them months to work out.

The Greek prime minister survived a crucial confidence vote early Wednesday, keeping alive a government dedicated to averting a debt default that could spark a financial maelstrom around the world.Lawmakers voted 155 to 143 along party lines to back Prime Minister George Papandreou, who now faces a critical vote next week on a massive austerity pac...

Greek Prime Minister Alexis Tsipras's plan to hold a referendum on Sunday on creditors' demands for austerity has prompted a breakdown in talks with lenders, forced Greece to shut banks and left its future in the euro in doubt.

Former Greek Prime Minister, George Papandreou, revealed plans on Friday to create a new political party - a development that further complicates the landscape in Greece ahead of a snap general election later this month.

The leaders' talks hit a snag over a €300 million ($398 million) gap in cuts needed to reach the 2012 fiscal target. Greece needs the €130 billion deal to avoid a March default and is being pushed to wrap up negotiations in Athens before a meeting of eurozone finance ministers in Brussels scheduled for 1700GMT. "There was very broad agreement o...

Greek Prime Minister George Papandreou and opposition leader Antonis Samaras, who met late Sunday for talks on a future coalition government, announced early on Monday that Papandreou would resign from his post and immediate elections will be held. The two major political parties -- Papandreou's PASOK party and the opposition New Democracy p...

Greece's outgoing Prime Minister George Papandreou said Wednesday that an agreement had been reached with the opposition on the creation of an interim government that will secure the country's new debt deal.

Greek Prime Minister George Papandreou survived a confidence vote early Saturday, calming a vicious revolt in his Socialist party with an emotional pledge to step aside if necessary and seek a cross-party government lasting four months to safeguard a new European debt agreement.

Greek lawmakers geared up for a crucial confidence vote in the beleaguered Socialist government on Friday, as both main parties floated plans to approve a massive European bailout and call new elections.

Ignoring increasing calls to step down, Greece's prime minister says he is seeking emergency talks with the Opposition and warns that an early election would force Greece into leaving the euro currency.

Hours after Prime Minister George A Papandreou of Greece emerged from a meeting with Europe's leaders, pledging to hold a referendum on a new European debt deal, key ministers in his government rebelled against the idea on Thursday, deepening rifts within his government that could force its collapse.

Greek Prime Minister George Papandreou was flying to the chic French Riviera resort of Cannes on Wednesday to explain himself to European leaders furious over his surprise referendum on a bailout deal that took them months to work out.

The Greek prime minister survived a crucial confidence vote early Wednesday, keeping alive a government dedicated to averting a debt default that could spark a financial maelstrom around the world.Lawmakers voted 155 to 143 along party lines to back Prime Minister George Papandreou, who now faces a critical vote next week on a massive austerity pac...