Greece, Global Financial Crisis | featured news

Ireland swallows bitter pill, asks EU for loan

Debt-crippled Ireland formally applied Sunday for a massive EU-IMF loan to stem the flight of capital from its banks, joining Greece in a step unthinkable only a few years ago when Ireland was a booming Celtic Tiger and the economic envy of Europe.

 

Euro zone agrees emergency steps to contain crisis

Euro zone agrees emergency steps to contain crisis

Euro zone leaders decided on Friday they have special measures ready before financial markets open on Monday to prevent financial turmoil in Greece spreading to other countries such as Spain and Portugal.

 

May Day turns violent in Turkey, Germany, Greece

May Day turns violent in Turkey, Germany, Greece

May Day protesters clashed with riot police in Germany, Turkey and Greece on Friday while thousands angry at the government's responses to the global financial crisis took to the streets in France.

 

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