Greece on strike as bailout deal in limbo

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Unions in Greece launched a two-day general strike against planned austerity measures Friday, a day after the country's crucial international bailout was put in limbo by its partners in the 17-nation eurozone.

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Greece on strike as bailout deal in limbo

Barroso expects Greece bailout package next week

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NEW DELHI (Reuters) - European Commission President Jose Manuel Barroso expressed confidence that a second bailout package for Greece would be finalized next week, but said Athens needed to implement structural reforms to restore confidence in its economy. The European Union and the International Monetary Fund have shown increasing frustration with Athens over its broken promises and weeks of …

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Barroso expects Greece bailout package next week

World stocks slip as Greek bailout hangs in limbo

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World stock markets dropped Friday after Europe's finance ministers demanded more spending cuts from Greece before clearing a euro130 billion ($170 billion) bailout to stave off the country's bankruptcy.Benchmark …

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World stocks slip as Greek bailout hangs in limbo