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greece debt News

greece debt News From AOL News

Greece's Credit Rating Crash Puts It in 'Junk' Land

By Anthee CarassavaMar 8th 2011 – 8:16AM

ATHENS, Greece -- This country's credit rating has crashed once more, standing, now, on a par with Angola and Vietnam, and leaving the government in Athens jaded. Moody's Investor Services downgraded Greece's debt by three notches to "highly speculative" status -- way below even debt-troubled Ireland, Portugal and Spain....

Greek Riot Police Clash With Protesters as Strike Turns Violent

By Anthee CarassavaFeb 23rd 2011 – 5:54PM
Getty Images

Getty Images

ATHENS, Greece -- In the latest sign of swelling social unrest, Greek riot police clashed with angry demonstrators in Athens today, marring a nationwide protest against continued austerity measures. The clashes sprang from a massive demonstration that drew an estimated 40,000 workers to the streets in the first major...

Greek Prime Minister Overhauls Cabinet

By Anthee CarassavaSep 7th 2010 – 7:43AM
Louisa Gouliamaki, AFP / Getty Images

Louisa Gouliamaki, AFP / Getty Images

ATHENS, Greece (Sept. 7) -- Greece's embattled Prime Minister George Papandreou has overhauled his Cabinet, retaining top ministers in key posts but demoting and unseating others crimping government designs to enact reforms, spur growth and yank Greece out of its deepening recession. Although anticipated for months,...

Greek PM Poised for Cabinet Shake-up

By Anthee CarassavaSep 6th 2010 – 7:06AM
AFP / Getty Images

AFP / Getty Images

ATHENS, Greece (Sept. 6) -- Greece's embattled Prime Minister George Papandreou looks set to overhaul his Cabinet as criticism swells over lagging attempts to enact reforms, spur growth and yank Greece out of its deepening recession. It remained unclear, however, whether the shake-up -- anticipated for months, and now due...

Background on greece debt

The Greek government-debt crisis is one of a number of current European sovereign-debt crises.

more at wikipedia »