Since Greece’s debt crisis began in 2010, most international banks and foreign investors have sold their Greek bonds and other holdings, so they are no longer vulnerable to what happens in Greece.

To prevent another run on euro deposits in Greece’s crippled financial system, a weeklong bank closure began Monday, and residents were limited to about $66 in cash withdrawals from ATMs per day.

Greece must come up with a loan payment of $1.8 billion to the International Monetary Fund by Tuesday, June 30, to avoid a default. Greece and its creditors are still squabbling over a final deal ...

Most Greek debt is held by other eurozone countries. Around 53 billion euros was loaned through bilateral agreements, according to researchers at Open Europe.

A media outlet has revealed the minutes of the Council of Political Leaders, held one day after the historic referendum of ...

Phew. Greece is no longer asking Germany to forget its enormous debt. The country's new radical left government revealed a new plan to manage the debt. Instead of asking for an outright "haircut ...

By contrast, total state government debt in California, according to the Brown administration and Treasurer John Chiang’s office, is about $263 billion, and the state’s GDP is $2.2 trillion.

ATHENS, Greece (AP) — Greece’s center-right government on Saturday welcomed a credit rating upgrade by Moody’s, the last major ratings agency to lift junk status on government bonds that ...

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