Poll shows most Greeks have no confidence in government amid crisis

2010-05-23 14:47:39 GMT Xinhua English ATHENS, May 23 (Xinhua) -- An opinion poll released on Sunday showed that most of the Greeks have no confidence in the government's ability to handle the current economic crisis.

Greek labor unions call for general strike on May 20

2010-05-13 01:28:45 GMT Xinhua English ATHENS -- One more demonstration against the Greek government's austerity measures and reforms was held in the center of Athens on Wednesday evening, ending peacefully in front of the parliament.

European policy makers call for tough reforms

2010-05-12 02:30:00 GMT Xinhua English BRUSSELS, May 11 (Xinhua) -- European policy makers called on Tuesday for tough and even unpopular reforms to reinvent the continent's economic and social model in the wake of the Greek debt crisis.

Barroso urges eurozone countries to tackle root causes of debt crisis

2010-05-11 19:50:30 GMT Xinhua English BRUSSELS, May 11 (Xinhua) -- Eurozone countries should make additional efforts to tackle the root cause of a spreading Greek debt crisis, European Commission President Jose Manuel Barroso said on Tuesday.

Greek protesters denounce austerity measures, mourn victims

2010-05-12 03:06:04 GMT Xinhua English Greek protesters raise banners with slogans against austerity measures during a march in the centre of Athens, capital of Greece, May 11, 2010. Hundreds of citizens held a demonstration that started at a Greek bank where three employees died during last week's rally against austerity measures and ended in front of the parliament to honor the victims and denounce austerity measures.

IMF approves loan for Greece

2010-05-10 06:05:35 GMT SINA.com The International Monetary Fund has unanimously approved a 30 billion euro rescue loan for debt-stricken Greece. Jon Decker reports.

Three dead in Greek riots

2010-05-06 03:54:40 GMT SINA.com Three people are reported to have died as protests escalate into riots in the Greek capital.

Greek protesters clash with police in nationwide strike

2010-05-05 12:20:22 GMT Xinhua English ATHENS, May 5 (Xinhua) -- Greek protesters clashed on Wednesday with police as unions of public and private sector employees called a 24-hour nationwide strike in protest of harsh austerity measures.

Greek contagion fear stalks global markets

2010-05-06 01:54:59 GMT China Daily BEIJING - The contagion from the Greek deficit crisis has started to spread across the globe, prompting economists to express concern over the ripple effects on China's export prospects and financial reform.

Poll shows most Greeks feel more safe in eurozone while pessimistic for near future

2010-05-04 19:07:50 GMT Xinhua English ATHENS, May 4 (Xinhua) -- The wide majority of Greek people with 77 percent support the Euro and reject an exit of Greece from the eurozone, according to a new poll published on Tuesday by Vima daily.

Greek crisis wake-up call for eurozone

2010-05-04 06:30:25 GMT Xinhua English BRUSSELS, May 3 (Xinhua) -- When eurozone finance ministers pressed the button on Sunday to activate an unprecedented rescue package for Greece, they may give the debt-ridden Southern European nation some more room for breath.

Germany comes to Greece's rescue -- but is it too late?

2010-04-30 09:48:27 GMT SINA.com After weeks of deliberating and tough talking over the Greek debt crisis, Germany's Chancellor Angela Merkel is now putting her foot firmly on the gas pedal.