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Greek politicians race against time to avoid bankruptcy
"The country needs a new government by Monday to avoid bankruptcy and the drachma," it added, in reference to Greece's old currency. Mr Tassos Pagonis, a 48-year-old Athens taxi driver, said: "Europeans don't trust us anymore, they will throw us out.
Updated: 11/06/2011 04:01P
Two class-action suits filed against MF Global
A lawsuit was filed on behalf of investors who had bought the company's shares between May 20 and Oct 28 or who bought bonds issued in August. The complaint charged that MF Global is suspected of making "false and misleading statements to investors,
Updated: 11/06/2011 04:01P
Greek prime minister to step down after deal agreed with opposition leader
Papandreou and his opponents have been scrambling to hammer out a deal ahead of a meeting by finance ministers of euro countries on Monday, to show that Greece is serious about taking steps needed to stave off bankruptcy. Euro debt crisis : Greek prime
Updated: 11/06/2011 03:36P
MF Global said to be subject of FBI probe
He said he knew of accounts at the bank and will try to “gain a full accounting” of them and other assets of MF Global, refraining from “putting an exact number on the apparent shortfall” until more facts are known, he said.
Updated: 11/06/2011 03:31P
State TV: critical meeting of Greek PM, opposition leader, president ends
Greece's opposition leader Antonis Samaras adresses the media after meeting Greek president Karolos Papoulias, at the Presidential Palace in Athens Sunday, Nov. 6, 2011. The conservative leader of the... (Associated Press) Greece's Finance Minister
Updated: 11/06/2011 03:09P
Papandreou won't lead new Greek cabinet, no deal done yet
Papandreou and his opponents have been scrambling to hammer out a deal for a unity government ahead of a meeting by finance ministers of euro countries on Monday, to show that Greece is serious about taking steps needed to stave off bankruptcy.
Updated: 11/06/2011 03:03P
Critical Greece power-sharing talks end
The crisis in Athens has threatened the country's ability to avoid a catastrophic bankruptcy and retain its cherished eurozone membership. Prime Minister George Papandreou has said he will step aside once an agreement is reached on an interim
Updated: 11/06/2011 03:03P
Greek PM quits to ease way to political consensus
GREEK Prime Minister George Papandreou has stepped down as part of a deal to defuse a political impasse that has threatened to push the country into bankruptcy, according to state television reports. Mr Papandreou was set to visit President Karolos
Updated: 11/06/2011 03:03P
Greek President Hosts Coalition Talks Between PM, Opposition Chief
Greek Finance Minister Evangelos Venizelos has said Greece needs the next $11 billion installment of its existing bailout by December to avoid bankruptcy. Some information for this report was provided by AP, AFP and Reuters. Related Articles Greek PM:
Updated: 11/06/2011 02:57P
Papandreou won't lead new Greek cabinet
Papandreou and his opponents have been scrambling to hammer out a deal for a unity government ahead of a meeting by finance ministers of euro countries on Monday, to show that Greece is serious about taking steps needed to stave off bankruptcy.
Updated: 11/06/2011 02:45P
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