Tsipras’s “somersault”, or kolotoumba as the Greeks called it, was a costly gambit that set back the economic recovery and ...

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Since Greece’s debt crisis began in 2010, most international banks and foreign investors have sold their Greek bonds and other holdings, so they are no longer vulnerable to what happens in Greece.

Greece’s debt exchange offer to private investors ended on Thursday, with officials in Athens saying they were confident of the outcome.

Greece is at the center of the sovereign debt crisis that is worrying many investors and increasing the volatility of stock markets across the world. This is not a new phenomenon for that country ...

NEW YORK (CNNMoney) -- Greece announced Friday that its private-sector creditors will take part in a historic restructuring of the government's debt, setting the stage for the nation to secure ...

The Greek debt crisis has its origins in the fiscal profligacy of previous governments, proving that nations cannot afford to live way beyond their means.

ATHENS, Greece (AP) — Greece’s center-right government on Saturday welcomed a credit rating upgrade by Moody’s, the last major ratings agency to lift junk status on government bonds that ...

Greece has reached an agreement with its European creditors to release new bailout funds and prevent another summer debt crisis.