IMF approves second rescue loan for Greece
March 16, 2012 | 08:23
The International Monetary Fund on Thursday approved a second rescue loan for debt-riddled Greece, joining the European Union again in an attempt to save the country from bankruptcy.
Eurozone ministers to meet on Monday on Greece
March 12, 2012 | 08:44
Eurozone finance ministers meet on Monday in Brussels to give their final approval to the second Greek bailout and discuss tightening measures to prevent a repetition of the crisis.
Greece given ultimatum as fears rise of euro plague
June 21, 2011 | 08:31
Europe gave Greece a two-week deadline on Monday to drive through drastic new cuts, as the IMF warned that global economic stability rests on a single parliamentary vote in Athens.
Trouble brews over second Greece bailout
June 15, 2011 | 11:12
Trouble was brewing Wednesday over plans for a second bailout of Greece, as a bid to press money markets into contributing with European governments dramatically raised the odds of a default.
EU raises 4.75 billion euros for Portugal
May 26, 2011 | 08:54
The EU raised 4.75 billion euros ($6.7 billion) for Portugal in a new bond issue Wednesday, while the IMF gave its first tranche of emergency funding as part of a joint 78-billion-euro bailout.
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