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Exclusive: Euro zone discussed capital controls if Greek exits euro: sources

European finance officials have discussed limiting the size of withdrawals from ATM machines, imposing border checks and introducing euro zone capital controls as a worst-case scenario should Athens decide to leave the euro.

 

Some say Greek debt deal will make things worse

Latest austerity cuts approved as 100,000 take to the streets in protest; 93 buildings damaged in Athens.

 

Greek debt cut won't solve problem: ECB's Weidmann

Cutting Greece's debt will not solve the country's problems, ECB policymaker Jens Weidmann was quoted as saying on Sunday, adding Athens needed to raise its productivity instead.

 

Greece backs austerity despite violent protests

Greece backs austerity despite violent protests

Greece's lawmakers approved a key austerity bill Wednesday needed to avert default next month, despite a second day of rioting on the streets of Athens that left dozens of police and protesters injured.

 

Protesters, riot police clash in Athens ahead of austerity vote

Protesters, riot police clash in Athens ahead of austerity vote

Riot police fired tear gas at youths hurling rocks and petrol bombs near the Greek finance ministry Tuesday, trying to quell the anger unleashed during mass protests and a general strike as parliament debated new cost-cutting measures.

 

Rescue Measures for Greece Advance as French Offer to Ease Debt

Under the plan, French banks would give Athens more time to pay back loans as they come due over the next three years.

 

General strike grips Greece, grounds flights

General strike grips Greece, grounds flights

Tens of thousands of strikers marched through Athens on Wednesday to protest against austerity plans aimed at wrenching Greece out of a debt crisis that has shaken the euro zone.

 

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