Greece Close to Reaching Bai...

July 06, 2013

Greece will soon receive another bailout from international lenders, the country’s leaders claim. The Greek government is in talks with lenders from other Eurozone countries over whether the struggl...

Athens Airport’s Ghost Air...

July 05, 2013

Greece’s struggle to reduce its public sector spending has been a political hot point for several years. The struggling nation, which is one of several Southern European countries to experience slug...

European Ministers Reach Ban...

June 27, 2013

European Union leaders have reached an agreement on the parties responsible for future bank bailouts. Leaders from 27 EU countries spent seven hours negotiating the new bailout regulations, which will...

Euro crisis is spreading and...

October 22, 2011

In a latest comment released from George Osborne, the Chancellor states that leaders in Europe need to act and they need to act fast because the debt crisis in the eurozone is spreading well beyond th...