European Ministers Debate Bailouts

Euro-zone finance ministers indicated they may consider giving Greece more time to meet its budget goals but ruled out additional aid for the country, while urging Spain to come clean on its overall financing needs.

READ THE ORIGINAL POST AT online.wsj.com

Euro ministers to discuss giving Greece more time

Greece may be given some more breathing room to meet its bailout commitments but no more money, European finance ministers indicated Friday as they gathered in Cyprus for a top-level meeting.

READ THE ORIGINAL POST AT news.yahoo.com

Starving Greeks for food in their thousands as politicians finally form a coalition government... but how long will it last?

Desperate Greeks have lined up for free food handouts as the country finally gets a government. The conservative-led alliance vowed to renegotiate Greece's crippling bailout terms in order to ease the devastating hardship faced by millions of citizens.

READ THE ORIGINAL POST AT www.dailymail.co.uk

Greece inches towards a government coalition as socialist party nears a deal

Greek politicians, including New Democracy's Antonis Samaras (pictured), say they are 'hours away' from forming a pro-bailout coalition government which could ultimately save the euro.

READ THE ORIGINAL POST AT www.dailymail.co.uk

Greece and the EU in a high-stakes poker game

What once seemed unthinkable is now being discussed openly in Brussels. Greece could leave the eurozone following parliamentary elections on Sunday. All sides are playing a high-stakes game of poker.

Spanish bank bailout already failing? Nation's borrowing costs soar close to 7%

The interest rate on Spanish 10-year bonds rose to 6.6 per cent - near to the 7 per cent level that forced Greece, Ireland and Portugal to request the rescue of their public finances.