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The article examines the impact of Greece's economic conditions on its business industry. Insolvency among Greek banks has prevented businesses from accessing to bank lending while foreign suppliers, clients, and investors are terminating operations with Greek firms. Bailouts given to the Greek government are also discussed.

The article states that Greek political party Syriza leader Alexis Tsipras announced in mid-May 2012 that if European government entities ceased funding Greece, the Greek government would stop paying its debts. According to the article, Tsipras indicated that Greece must convince European countries that financing the Greek economy was in the best interests of Europe. The article presents comments from Tsipras.

The article discusses the impact on Greece's economy of austerity measures adopted amid a debt crisis in that country. Gross domestic product has fallen, the numbers of unemployed and homeless people have risen sharply, and many small businesses find themselves struggling to survive. The government is behind schedule in paying $6.5 billion euros due contractors.

The article reports that Greek finance minister George Papaconstantinou has appealed to euro-zone nations and the International Monetary Fund for financial aid to Greece. Assistance totaling about $60 billion could be forthcoming, although falling prices of Greek bonds suggest investors fear Greece could still default on its government debt.

The article discusses how corruption and cronyism have contributed to an ongoing fiscal crisis in Greece. According to the Brookings Institution, bribery and other forms of corruption cost Greece 8% or more of its gross domestic product (GDP) each year. In 2009 Greece's budget deficit amounted to 13% of GDP.

The article discusses a report which claims that the Greek government has reached an agreement with international creditors which will result in the release of an additional installment of loans as of March 2014, focusing on Greek Prime Minister Antonis Samaras and austerity cuts in Greece.

This article reports that the Greek government ended the offer period on its debt-buyback program, which will repurchase outstanding bonds for one third of their face value as part of a precondition set by finance ministers in the euro zone that must be met prior to the extension of additional aid.

The article examines the economic success of Greece's shipping industry despite the financial crisis facing the country, stating that Greek shipping companies are earning more than their international competitors and setting an example of economic policy that could potentially resolve Greece's debt.

The article examines the increased cases of malaria in Greece since 2010, stating that the prevalence of the disease is due in part to the effects of Greece's weak economic conditions, national debt, and budget cuts to the health-care system.

The article reports that violent street protests did not stop the Greek parliament from approving a package of austerity measures on November 7, 2012, and notes that although that action improves Greece's chance to obtain more international aid, it could also push the Greek economy further into recession.

The article reports that investigative journalist Costas Vaxevanis has been arrested in Greece following allegations that he violated Greek privacy laws after his magazine published the names of several thousand Greek citizens with Swiss bank accounts in October 2012.

The article reports that international organization International Monetary Fund (IMF) has criticized the oil refining industry in Greece for a perceived lack of competition, which is said to artificially inflate prices.

The article discusses Greece's proposed austerity plan which was partially rejected by international inspectors in September 2012, with a focus on the Greek government's negotiations with the European Commission, the International Monetary Fund, and the European Central Bank to plan budget cuts.

The article discusses Eurogroup chief Jean-Claude Juncker's comments following a meeting with Greek Prime Minister Antonis Samaras in which he stated that Greece must improve is economical standing and credibility in order to extend overhauls and time for budget cuts.

The article discusses a survey released on July 24, 2012 by data company Markit Economics that shows continued economic deterioration across the euro zone, and comments on a deepening recession in Greece and calls by its Prime Minister, Antonis Samaras, for major economic reforms.

The article reports that the Greek coalition government formed in June 2012 has received approval from the country's Parliament and examines financial reforms in Greece, Yannis Stournaras' work as finance minister, and the privatization of state assets through financial and legal initiatives.

The article previews parliamentary elections in Greece scheduled for June 17, 2012, speculates on what a governing majority might look like, and discusses challenges the new government will confront in fixing Greece's economy.

The article discusses the reaction of financial markets on May 8, 2012, and early on May 9, 2012, to the Greek economic crises and political tension in the euro zone.

The article discusses a report released by the Hellenic Statistical Authority (Elstat) in February 2012 that states that Greece's unemployment and production rates worsened in the last part of 2011.

The article reports that the Greek government has agreed to lay off 15,000 public-sector workers as part of austerity measures needed to renegotiate the country's sovereign debt.

The article presents a forecast from Antonis Samaras, head of Greece's New Democracy party, that the domestic economy will shrink by over six percent in 2011.

The article reports on calls by Greek Prime Minister Lucas Papademos for national consensus on reforms amid a public debt crisis.

The article presents analysts' forecast that the Greek recession will continue in 2012 as the country's economy could shrink 2 percent or more amid declining consumer demand, weakening global growth prospects and the possibility of new austerity measures.

The article reports on the plan of Germany not to push through with its plan for an early rescheduling of Greek bonds in order to facilitate a new package of aid loans for Greece as some German officials hope for a short-term fix.

The article reports on a request from the Greek government for the European Union and the International Monetary Fund to begin discussions on aid as the country's borrowing costs continue to grow as of April 2010.

The article emphasizes that a plan by Greece to reduce its budget deficit could negatively affect the growth of its economy as of February 2010.

The article focuses on the promise made by Greece to bring its increasing budget deficit in line with European rules within three years in response to pressure from financial markets and European authorities in 2010.

The article deals with the impact of anxiety about the debts of some European economies on the euro and the British pound in December 2009. Concerns on the economic performance of Greece and other struggling European countries have resulted in the euro slumping beneath 1.44 U.S. dollars. Bank stocks also declined in most stock markets in the 16-nation euro zone.

The article reports that Pasok, an opposition socialist party in Greece, gains support for an election to be held on October 4, 2009. According to Pasok, the country's economy needs stimulus, not austerity. It cites the pledge of the socialist party to increase taxes on the rich, spend more on the public sector and run the government better. One of the long-term problems of the nation's economy is tax evasion.

The article reports on the impact of the global financial downturn on Greece's shipping and tourism industries. It is noted that the slowdown in both industries raises concerns on the end of years of strong growth and the ability of the government to trim its budget deficit. There has been a 2.9 percent decline in Greek economic growth in 2008.

The article reports on the plan of Greece to open its electric power market to further competition.

The article discusses the 2015 elections in Greece in which Syriza, the radical leftist political party, won making Alexis Tsipras the Prime Minister of Greece. Topics include speculation on the election's effect on Greece's foreign relations with Germany, speculation on the vote's effect on economic conditions in Greece and in the European Union, and details on Tsipras's resistance to policies of fiscal austerity. INSET: Election Victor's Challenge: Depleted Treasury Coffers..

The article reports that the French bank Crédit Agricole SA has prepared a contingency plan to divest a bank it owns in Greece if that country leaves the euro area monetary union. It is also reported that bank depositors in Greece have been withdrawing money from Greek banks in increasing amounts prior to June 17, 2012 legislative elections.

The article reports that the euro fell against the U.S. dollar amid fears that steep budget deficits among several European nations including Greece and Italy could impede the region's economic recovery. Prices of Greek government bonds slumped after Prime Minister George Papandreou vowed to reduce his nation's deficit but offered no particulars on how that would be achieved.

The article discusses remarks made by Greek political party Syriza head Alexis Tsipras in May 2012 concerning European financial support for Greece during Greece's debt crisis.

The article discusses a March 9, 2012, restructuring of some $266 billion of Greek debt. The article states that the loan default is unlikely to end the financial problems faced by Greece. According to the article, the credit ratings firm Fitch and Moody's declared Greece to be in default following the restructuring announcement. The article offers comments from financial institution Navigant Capital employee Pawan Malik.

The article reports on the persisting concerns over a destabilizing collapse in Greece despite new efforts to improve the troubled finances of the country, which led investors to buy German bonds on September 12, 2011.

The article reports on the challenges being faced by Greece in relation to its budget deficit in February 2010 including a bond auction, a strike to be held on February 24, and the visit of European Union (EU) officials aimed at urging the country to impose tougher measures to address its deficits.

The article reports on the decision of European Union (EU) countries to set a deadline for Greece to prove that it is capable of correcting its unbalanced budget in 2010 before they demand spending reductions and new taxes.