ATHENS: Greece is in a "Great Depression" similar to the American one in the 1930s, the country's Prime Minister Antonis Samaras told former U.S. President Bill Clinton on Sunday.
July 21, 2012
Crisis-Hit Nations Fight to Prepare for Olympics
With one hurdle left, something snapped.
It wasn't a bone or anything that serious, but Greek athlete Periklis Iakovakis somehow lost power and quickly dropped from first to last in the European Championship 400-meter hurdles final, unable to summon enough energy to keep going strong.
July 20, 2012
Euro zone crisis: Spain's leader could learn some lessons from Portugal
MADRID/LISBON: Spanish Prime Minister Mariano Rajoy could learn some lessons about communication from neighbouring Portugal as he struggles to restore confidence in Madrid's public finances and avoid an international bailout.
July 19, 2012
World Bank chief warns no region immune to European crisis
WASHINGTON (Reuters) - World Bank President Jim Yong Kim on Wednesday warned that most regions of the world will be hurt by the debt crisis enveloping the euro zone and said it was vital to protect the strong economic gains of the past decade in the developing world.
July 18, 2012
Greece seeking bridge loan for funding needs
ATHENS: Cash-strapped Greece is seeking a bridge loan from its foreign lenders to cover its financing needs through August, a finance ministry source said on Tuesday.
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