The majority of Germans feel the euro currency bloc would be better off if debt-crippled Greece left it, a poll published in mass-selling newspaper Bild am Sonntag showed on Sunday.

in Greece..During a Thursday night meeting the country's international lenders-occupants demanded radical changes to the labour regime that will result in an additional 25 percent cutback in salaries and pensions.

The Banks Need to Offload Millions of Unwanted Homes. Guess Who's Going to Buy Them?

China is considering deeper involvement in the euro zone's bailout funds, Chinese Premier Wen Jiabao said Thursday, the strongest public indication yet that China may marshal its massive foreign-exchange reserves to help alleviate the Continent's sovereign-debt crisis.

Uncertainty about whether Greece will stay in the euro is crippling its prospects.

Its insolvent economy needs a bigger debt reduction. A precipitous exit from the euro would be a disaster.

Three green anarchists imprisoned in Swiss prisons decided to join the week of mobilization against the World Economic Forum, which will be held in Switzerland during these days. Marco and Silvia are conducting a hunger strike for 10 days (January 20th–30th, 2012).

Eurozone finance ministers on Monday gave the thumbs-down to a plan for private sector involvement (PSI) in the writedown on Greek debt.

Greece, which bought 14 percent of its imported oil from Iran in the first half of 2011, wants the EU to ensure that any new oil contracts would include terms similar to those in its existing agreements with Iran, which doesn’t require financial guarantees..

Who are the real villains on Wall Street? When it comes to institutionalized greed and corruption, nothing tops the too-big-to-fail banks like JP Morgan Chase, Bank of America and Goldman Sachs.