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Euro-Zone Nations Offer $40 Billion to Greece

Euro-Zone Nations Offer $40 Billion to Greece

Euro-zone finance ministers unanimously approved a detailed emergency aid mechanism for Greece but stressed that the country had not yet requested a bailout.

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Greece must make more cuts, size not yet clear: EU

BRUSSELS (Reuters) - Greece must take additional measures to reach its deficit-cut target of 4 percent of GDP in 2010 but it is not yet clear how far short Athens is with steps announced so far, the European Commission said on Tuesday.

G7 talk on Greece fails to soothe investors, euro dips

The euro and growth-linked currencies fell Monday as investors unwound risky trades amid growing worries about eurozone's debt problems, dismissing assurances from European finance ministers at the weekend.

May Day turns violent in Turkey, Germany, Greece

May Day turns violent in Turkey, Germany, Greece

May Day protesters clashed with riot police in Germany, Turkey and Greece on Friday while thousands angry at the government's responses to the global financial crisis took to the streets in France.

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