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Greece's Creditors May Lose 60 Per Cent

CP | Elena Becatoros, The Associated Press | Posted 12.11.2011 | Canada Business

ATHENS, Greece - Greece is likely to receive the next batch of its bailout loans in early November, international debt inspectors said Tuesday, if the...

Greece Says It Will Get Bailout Funds To Avoid Default

AP | Posted 11.27.2011 | Canada Business

BERLIN (AP) -- Greece will receive its next batch of bailout loans in time to avoid a disastrous default, the finance minister said Tuesday, as stock ...

Moody's Downgrades 8 Greek Banks By 2 Notches

CP | Elena Becatoros, The Associated Press | Posted 11.22.2011 | Canada Business

ATHENS, Greece - Moody's downgraded eight Greek banks Friday, citing their exposure to their government's bonds and the deteriorating economic situati...

U.S. Presence At Eurozone Meeting Shows Reach Of Europe's Crisis

AP | Posted 11.16.2011 | Canada Business

WROCLAW, Poland (AP) - Finland's finance minister said she doesn't expect the eurozone to resolve a dispute over her country's demand for collateral f...

Italy's Largest Union Mulls Strike Over 'Inequity' In Budget Cuts

AP | Posted 10.22.2011 | Canada Business

ROME (AP) - The leader of Italy's largest union is threatening a general strike against an austerity package that Prime Minister Silvio Berlusconi's g...

Markets Lurch On Debt Crisis, Bond-Buying

CP | Pan Pylas, The Associated Press | Posted 10.08.2011 | Canada Business

LONDON - A pledge from the European Central Bank to support the shaky bonds of Italy and Spain helped calm investor nerves in Europe Monday despite bi...