How to default on Greece's euro zone? The story was updated at 7 p.m. Eastern time. As of late Tuesday, Greece had provided an important loan payment to the international monetary fund -- making it a step closer to pulling out of the euro. The government tried to negotiate a deal with...
Germans debate the cost of keeping the euro zone. Within a few weeks, Europe's spreading debt crisis will force Germany to decide one of the most important questions in the continent's post-war history: will monetary union be strengthened or weakened? Germany is the biggest and healthiest country in the economy, so...
The United States has encouraged Europe to keep Greece in the euro zone. Robert siegel, host: Washington wants a deal in Europe that will keep Greece in the euro zone. President Obama called German chancellor Angela merkel. Finance minister jack Lew held talks with Greek prime minister Alexis tsipras. Why are...
Germans debate the cost of keeping the euro zone. Within a few weeks, Europe's spreading debt crisis will force Germany to decide one of the most crucial questions in the continent's post-war history: will monetary union be strengthened or weakened? Germany is the biggest and healthiest country in the economy, so...
This story was updated at 7 p.m. ET. The deadline passed Tuesday evening for Greece to make a key loan payment to the International Monetary Fund — putting it a step closer toward quitting the euro. There had been last-minute attempts by the government to negotiate a deal with its creditors....
In a news conference early Monday morning, eurozone leaders announced that they would give Greece another bailout — as long as the government of Prime Minister Alexis Tsipras manages to implement a round of austerity measures in the coming days, says European Council President Donald Tusk. The new deal estimates...
After months of wrangling and brinkmanship, the Eurozone finally approved the first tranche of an 86 billion euro ($96 billion) bailout for Greece in exchange for a promise from Athens to put its financial house in order. It is the third time in five years that Greece has sought...
With the bailout package that has kept Greece's economy afloat set to expire in just over a week, the country has formally asked Eurozone members for a six-month extension.Finance ministers will hold an emergency meeting Friday to consider the proposal. The new request will face opposition, with Deutsche Welle reporting,...
Will Greece stay in the eurozone? Citizens voted in the bailout deal. The Greek debt crisis turned sharply this weekend. The country abruptly halted talks with eurozone creditors, who insist on more austerity in exchange for rescue loans. The government turned almost hopelessly to the people. Parliament voted last night...

European powers have queued up to support Iran's deal as Donald trump believes new sanctions will be imposed. The European Union and Britain, Germany and France have put forward a united front to defend the agreement after talks with Iranian foreign minister mohammad javad zarif in Brussels. Mr Trump has repeatedly...