Greece

Stocks Fall As Greece Continues To Struggle
U. S. stocks are plunging as a rising wave of political uncertainty rocks Europe and spreads through global financial markets. European stocks fell sharply Tuesday as newly-elected Greek politicians appeared unable to form a coalition government. The leader of a party trying to gather a governing ma…
Greek Bond Swap Set For Today
ATHENS, Greece (AP) — Greece is set to swap its privately held bonds issued under Greek law with new ones worth less than half their original value. The bonds are to be swapped Monday, after securing the biggest debt writedown in history last Friday and paving the way for a second internation…
Oil Prices Fall As Greece Debt Talks Continue
Oil prices are falling as Greece’s debt negotiations spark new concerns about Europe’s financial problems. Benchmark oil fell $2.14, or 2.1 percent, to $98.25 per barrel Friday morning in New York. Brent crude fell $1.39 to $110.16 per barrel in London. Greece officials are working wit…
Power Sharing Talks In Greece Drag On
ATHENS, Greece (AP) — Greece will get a new prime minister later Tuesday, senior government officials said, as the country’s European partners ratcheted up the pressure for a swift resolution to the political crisis. Talks between current Prime Minister George Papandreou and opposition…