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  • Greek Finance Minister Yannis Stournaras speaks to the media as he arrives for a meeting of eurozone finance ministers in Brussels on Monday, Nov. 26, 2012. (AP Photo/Virginia Mayo)

    Greek bankruptcy averted — for now

    Greece has avoided imminent bankruptcy after its international creditors finally agreed to give it the money it urgently needs, but the cash-strapped country's economic distress is likely to drag on for years to come.

  • A municipal worker participating in a anti-austerity rally sits Nov. 9, 2012, in central Athens in front of the National Bank of Greece building, underneath graffiti reading in Greek "All to the streets yesterday." (Associated Press)

    Greece raises over $5 billion ahead of repayment

    Greece raised €4.06 billion ($5.15 billion) from the sale of short-term treasury bills Tuesday, money that will help it make a crucial debt repayment at the end of the week.

  • Briefly: Irish voters approve measure on children’s rights

    Official returns show that voters approved an amendment to insert stronger rights for children into Ireland's constitution, with a narrower-than-expected 57.4 percent "yes" vote.

  • Police fences protect the Greek parliament in central Athens on Nov. 5, 2012, ahead of a 48-hour nationwide general strike. Greece is facing three days of escalating anti-austerity strikes, with state hospital doctors, taxi drivers, transport workers and journalists walking off the job. (Associated Press)

    Greek unions start 3 days of anti-austerity action

    Greece's coalition government faces a crucial test in Parliament as unions on Monday launched three days of escalating strikes against austerity proposals that must win lawmakers' support if the debt-crippled country is to get more aid and stave off bankruptcy.

  • World Briefs: Japanese ships confronted again near disputed islands

    Chinese patrol boats confronted Japanese vessels near a disputed East China Sea archipelago early Tuesday, the latest in a series of such encounters after Tokyo's nationalization of the islands last month.

  • Illustration EU Greek by John Camejo for The Washington Times

    PATTERSON AND BROWN: Greece's grim future portends Western decline

    In 490 B.C., the brand-new democracy at Athens faced its first existential challenge: a vast Persian army intent on crushing the Greek city-state for supporting the enemies of the Persian Emperor Darius the Great.

  • Greek Prime Minister Antonis Samaras (right) and German Chancellor Angela Merkel speak before their meeting at the Maximos mansion in Athens on Tuesday, Oct. 9, 2012. (AP Photo/Thanassis Stavrakis, Pool)

    Merkel gets hostile reception on Greek visit

    German Chancellor Angela Merkel got a hostile reception from many ordinary Greeks on Tuesday when she flew into Athens on her first visit to the country since its debt crisis erupted three years ago.

  • Merkel visit met with protests in Greece

    German Chancellor Angela Merkel got a hostile reception from many ordinary Greeks on Tuesday, when she flew into Athens on her first visit to the country since its debt crisis erupted three years ago.

  • **FILE** German Chancellor Angela Merkel (left) talks Aug. 24 2012, to Prime Minister of Greece Antonis Samaras during a welcome ceremony at the chancellery in Berlin. (Associated Press/dapd/Maja Hitij)

    Germany's Merkel to visit Greece next week

    German Chancellor Angela Merkel will travel to Greece next week for the first time since the debt crisis erupted to meet the country's prime minister — who warned Friday that Athens will run out of money at the end of November if it doesn't receive the next part of its bailout loans.

  • Greece faces more anti-austerity strikes, protests

    A fresh wave of anti-austerity strikes hit Greece Wednesday as the leaders of the governing coalition struggled to finalize further spending cuts for the coming two years — without which the country will lose its vital rescue loans.

  • Economy Briefs: Backlog, delays after short EgyptAir strike

    Officials at Egypt's main international airport were reducing a backlog of delayed flights and trying to placate angry passengers on Sunday, after two days of strikes left planes grounded and some travelers stranded.

  • Talks come up short on Greek budget cuts

    The three parties in Greece's young coalition government failed Monday to finalize a major new package of budget savings that rescue lenders are demanding as a condition for continued bailout funds the country needs to avoid getting forced out of the eurozone.

  • New Greek Prime Minister Antonis Samaras presents his government's policy platform July 6, 2012, at the parliament in Athens. (Associated Press)

    New Greek prime minister outlines crisis policy

    Greece's new three-party coalition government is ready to carry out long-delayed structural reforms, Prime Minister Antonis Samaras said Friday, as he acknowledged that the deficit reduction program has gone off target.

  • Greece's new finance minister, Yannis Stournaras, leaves Thursday after meeting in Athens with Prime Minister Antonis Samaras and debt inspectors from the European Central Bank, European Commission and International Monetary Fund. (Associated Press)

    Greece's new finance chief admits debt reform problems

    Greece is falling short of some commitments made in return for billions of euros of rescue money, the country's new finance minister admitted Thursday after meeting representatives of the country's financial rescuers for the first time.

  • Yannis Stournaras (AP Photo/Eurokinissi, Giannis Panagopoulos)

    Greek government hit by fresh resignation

    A second Greek Cabinet member in two days has resigned, the latest casualty for the financially struggling country's new conservative-led government.

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