Greece’s leader of the leftist SYRIZA coalition, Alexis Tsipras Greece’s left-wing coalition leader has ruled out austerity measures, receiving a mandate to form a new government as elections produced a stalemate in parliament. Greece’s leader of the leftist SYRIZA coalition, Alexis Tsipras, has ruled out budget-cutting austerity measures, opting to meet President Karolos Papaoulias in talks... 

Far-right political party Golden Dawn is set to enter the Greek Parliament for the first time after yesterday’s elections. Exit polls in Sunday’s election show the nationalist organization has won about 7% of the vote – well above the required three-per-cent threshold. ­This is the first time in nearly 40 years that a far-right party is projected to enter Greece’s parliament. “A new... 

Protesters scuffle with police during a rally at central Syntagma square in Athens on April 5, 2012. Greek police have clashed with demonstrators in Athens for a second day after a senior pensioner committed suicide over economic hardship. On Thursday, riot police attacked protesters with teargas and flash grenades on Athens’ main Syntagma Square where hundreds of demonstrators had gathered to protest... 

Here in Argentina, when we watch the terrible things that are happening today in Greece, we can only exclaim, “Hey!! That’s exactly what happened in Argentina in 2001 and 2002…!” ­A decade ago, Argentina too went through a systemic Sovereign Public Debt collapse resulting in social turmoil, worker hardship, rioting and street fights with the police. Some months before Argentina exploded,... 

Eurozone finance ministers talk while attending a Eurogroup meeting at the European Union council headquarters, Brussels, February 20, 2012. Eurozone finance ministers have agreed to provide Greece with a new bailout package to help the heavily indebted country stabilize its debt-to-GDP ratio and avert looming bankruptcy. The long-awaited package worth 130 billion euros was sealed in Brussels on Tuesday... 

Greek pensioners protesting in Athens. In Greece, angry pensioners have once again taken to the streets in the capital Athens to protest against the government’s tough spending cuts. The pensioners gathered to express opposition with lawmakers’ decision to slash another 325 million euros in wages, pensions, and jobs, as demanded by the European Union and International Monetary Fund (IMF) in order... 

A picture showing protests against the government austerity measures in Greece. Tens of thousands of Europeans are migrating from their homelands, many heading to the southern hemisphere, as the continent sinks deeper into financial crisis. While official statistics shows that Portugal, Greece and Ireland had the largest stream of immigrants leaving their country’s this year, evidence points... 

Riot police secure the US Embassy in Athens, November 17, 2011. Greek security forces have clashed with protesters who were marching on the US embassy in Athens to mark the anniversary of a bloody 1973 student uprising which helped topple a US-backed army dictatorship in Greece. The Thursday demonstration was swelled in numbers as many joined the rally to protest against unpopular austerity measures,... 

Debt crisis sets markets in turmoil amid reports of talks about the break up of the eurozone. Reports that Germany and France have begun talks to break up the eurozone amid fears that Italy will be too big to rescue. Fears that Europe’s sovereign debt crisis was spiralling out of control have intensified as political chaos in Athens and Rome, and looming recession, created panic on world markets. Reports... 

Athens : Greek Prime Minister George Papandreou speaks during a debate on the confidence vote at the Greek Parliament, in Athens, on November 4, 2011. Greek Prime Minister George Papandreou has agreed to resign following the introduction of a new coalition government. This is according to an Athens news agency, quoting a source close to Papandreou himself. ­Sunday’s Greek Cabinet meeting is likely... 

People shop at a fish and meat market in central Athens faces a meltdown following as a 7.06 percent fall in stocks, November 1, 2011. Greek stocks have plunged more than seven percent as Athens finds itself between mounting anti-austerity protests at home and a furious eurozone. Greece witnessed a meltdown on Tuesday with stocks 7.06 percent down at close, AFP reported. The government called an emergency... 

European banks agreed early on Thursday to write off 50 per cent of Greek debt. The deal was reached during an emergency summit in Brussels overnight. The EU and the IMF will also give the country another one hundred billion euros in rescue loans. An agreement on expanding the bailout fund to one trillion euros followed immense pressure on EU leaders after multiple delays in anti-crisis action. Athens... 

People demonstrating in front of the Greek parliament in Athens on October 19, 2011 Police and protesters in Athens have clashed outside the parliament during the largest protest since financial turmoil began crippling the country. About 200, 000 people have taken part in the so-called “mother of all strikes” in Greece. “Thieves!” and “That’s enough!” read the banners... 

European stock markets fall as Greece seeks to convince EU and IMF officials it can avoid a default, 2011-09-19. European stock markets have plunged once again amid fresh fears of Greece defaulting and more signs of economic weakness in the region. Frankfurt’s DAX 30 index fell by 3.20 percent, while in Paris the CAC 40 dived 2.73 percents on Monday, AFP reported. The London FTSE 100 index plunged... 

The “endgame” in the eurozone’s debt crisis is fast approaching, analysts declared yesterday, amid growing warnings from politicians and bankers that the reality of a Greek default and possible exit from the eurozone can be denied no longer. German chancellor Angela Merkel and French president Nicolas Sarkozy will hold a conference call with Greek premier George Papandreou today,...