According to new forecasts from the International Monetary Fund (IMF), America’s debt—which recently surpassed $38 ...

The fiscal situation in Greece is very dire. Greek Prime Minister George Papandreou introduced drastic austerity measures where both government spending were slashed and taxes were raised. Both of ...

Greece and its financial rescue creditors are struggling to agree on the terms to get more loans to the country. Without a deal, Greece could default on its debts as soon as Tuesday, which could ...

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 began 15 ...

The IMF projects that US general government gross debt will hit 143.4% of GDP by 2035, surpassing Italy (137%) and Greece ...

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BRUSSELS — Greece is on its way to getting the next installment of its much-needed bailout loans after finance ministers from the 17 European Union countries that use the euro agreed on a program to ...

(Reuters) - European finance ministers discussed Greece's debt crisis on Friday but said Athens was seeking to clarify how an emergency aid mechanism would work, rather than requesting it. Here is a ...