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In her new book, "A Greek Tragedy," Jeanne Carstensen investigates a deadly 2015 shipwreck off the Greek island of Lesvos, ...
Europe's government debt crisis worsened ominously Tuesday when Greece's credit rating was downgraded to junk status and Portugal's debt was lowered on fears the trouble could spread. Stocks slid ...
Republicans in Congress are hashing out a new tax cut and spending bill that's projected to add trillions to the national debt. Economics correspondent Paul Solman explains the ballooning national ...
investors are saying the Greek debt crisis isn’t over. On Thursday, the world's largest bond fund, Pimco, said that European efforts to back Greece and its austerity plans, were not enough – a ...
Greece is closer to default than previously thought, calling into question whether a second planned bailout will be enough to contain the European debt crisis – and thus avoid plunging the world ...
the European Central Bank and the European Commission in 2010 issued the first of two international bailouts for Greece to avert another financial crisis. In exchange for loans exceeding $270 ...
It has also won additional pledges of debt relief, helping to ease concerns about another crisis in Greece at a time when Europe is dealing with an influx of migrants and a continuing terrorist ...
The event that Kass saw was that the prices of credit default swaps on U.S. government debt (which pay off in event of a ...
Greek might just be in the midst of an economic boom. “In the last several years, there’s been sort of an acceleration of an economic turnaround,” said Liz Alderman, chief European business ...
Greece was the poster child for economic collapse, with a crippling debt crisis, sky-high unemployment, and a struggling Eurozone economy. But now, something surprising is happening - Greece might ...
Busakorn Pongparnit / Getty Images PIIGS is a derisive acronym for Portugal, Italy, Ireland, Greece, and Spain, which were the weakest economies in the eurozone during the European debt crisis.
Greece must repay €670M to the EU after one of the biggest farm subsidy scandals in history. Years of misuse, ghost claims, ...