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Greece goes all in

The referendum in Greece is now a vote to determine whether the nation remains a member of the eurozone.

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Papandreou backs off bailout referendum

Greek Prime Minister George Papandreou is backing off plans to hold a controversial referendum on an international bailout for his country, he told his cabinet Thursday.

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Stocks post a second day of gains

Stocks closed significantly higher Thursday, giving the market its second day of gains. Investors focused on the European Central Bank's surprise rate cut and mostly shrugged off fears over Greece.

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Greece's embattled leader hails from a political dynasty

Greece's economic turmoil threatens to topple the eurozone, shake the global financial markets and bring down the protagonist in the political drama: embattled Prime Minister George Papandreou.

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5 voices on the Greek crisis

The Greek government is facing enormous pressure to resolve the country's debt crisis. On Wednesday the finance minister of Greece came out against Prime Minister George Papandreou's plan for a...

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Greek prime minister faces confidence vote

Prime Minister George Papandreou faces a crunch confidence vote Friday, after days of political turmoil sparked by his controversial proposal to hold a referendum on an international bailout for his...

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Greek prime minister survives confidence vote

Greek Prime Minister George Papandreou won a confidence vote in Parliament by a narrow margin, giving his country's stricken economy some breathing room, but no panacea.

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Greek prime minister pushes for new government

Greek Prime Minister George Papandreou said Saturday he will do what it takes to form a coalition government and push through a controversial international bailout package.

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Papandreou to quit in bid to salvage bailout

Greek Prime Minister George Papandreou will step down as his government's leader, the country's president announced Sunday night -- agreeing to do so on the condition that the controversial €130...

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Europe: Debt crisis 1, G-20 zero

The debt crisis in Europe continues to hang over the global economy after a summit of world leaders last week failed to produce any tangible new solutions.

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Stocks set for modest losses

U.S. stocks were poised to kick off the week slightly lower, as worries about the stability of Greece and Italy continued to hang over global markets.

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What Greece needs: Longer hours, less public spending

Despite agreeing to a coalition government, Greece's current political establishment remains unprepared to lead it into the 21st century.

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Greek PM to see president amid crisis

Greek Prime Minister George Papandreou is due to meet the president of the country after an emergency meeting of the Cabinet Thursday, Papandreou's office announced.

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Greek cabinet supports call for referendum on bailout

Greece's cabinet voted Wednesday to support Prime Minister George Papandreou's call to hold a referendum as soon as possible about the latest bailout plan, ministers coming out of the meeting told a...

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Greece's prime minister optimistic referendum will pass

Greek Prime Minister George Papandreou expressed optimism late Wednesday that the Greek people, in a vote to be held as soon as December 4, will support his plan to remain in the euro zone despite...

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Greek PM appears to back off referendum plans

Prime Minister George Papandreou said Thursday that a controversial proposal to hold a referendum on an international bailout for his country would not be necessary if the opposition were to support...

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What next for Greece's crisis-hit government?

Greece is in a state of political turmoil sparked by Prime Minister George Papandreou's call earlier this week for a referendum on the latest bailout package from Europe.

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Greek PM survives confidence vote

Greek Prime Minister George Papandreou won a confidence vote in Parliament early Saturday by a narrow margin, giving his country's stricken economy some breathing room, but no panacea.

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Greek prime minister set to form new government

Embattled Greek Prime Minister George Papandreou plans to meet with the main opposition leader Sunday as he tries to form a coalition government aimed at securing a controversial international bailout...

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Greece's prime minister to quit in deal to salvage bailout package

Greek Prime Minister George Papandreou will meet Monday with the leader of the country's main opposition party to discuss who will become the nation's next prime minister -- a day after an announcement...

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